Brasília – Brazil is going to provide US$ 10 billion in funding to the International Monetary Fund (IMF), as informed today (10th) by the minister of Finance, Guido Mantega. “This is the second important step that Brazil is taking in order to become a creditor rather than a debtor to the fund,” said Mantega. The
Browsing: Innovation
Students from over 30 countries should compete, in July, in the Imagine Cup, a technology world cup, whose final should take place in Cairo. Brazil should be represented by 22 students in eight teams.
The Federal University of Ouro Preto should be a nucleus dedicated to studying the productive process and generation of technology, among other areas of mining and metallurgy.
The Cbers Brazilian-Chinese satellite signal will be received in a station in Egypt, and in the Canaries and South Africa. An agreement on the matter was signed during president Lula’s trip to China.
Survey ran by Eurocom Worldwide indicates that half the executives in international technology companies are expecting revenues to increase in 2009.
Brazil rose from the tenth to the fifth position as a destination for the outsourcing of information and communications technology services from 2005 to 2007.
The result of the study should be published by Science magazine. The work involved 300 scientists from 25 countries. It cost US$ 54 million and should help in genetic improvement of cattle.
According to the National Telecommunications Agency, there are 153.67 million subscribers in the country. The market leader is operator Vivo, followed by Claro, Tim and Oi.
Despite the bottlenecks, sector foreign sales grew US$ 800 million in 2007, to US$ 1.4 billion last year, according to an A.T. Kearney study.
The centre, to receive investment of US$ 1.2 million from oil company Petrobras, should start operating today. It is part of a larger project, to cost US$ 2.8 million, also funded by Petrobras.
In November alone, 415,900 new lines were activated in Brazil. Vivo is the company that leads the market with a 29.8% share. The Federal District has the highest teledensity rate.
The factory, to be the first in South America to produce insulin crystals, should reduce the dependence on imports and make exports possible. Investment may reach US$ 85 million.
The government of Brazil is going to invest the funds in the National Centre of Advanced Electronic Technology, established to produce semiconductors and integrated circuits.
Two companies from Paraíba started exporting to Japan clothes made out of the fibre that is naturally coloured. The variety was developed by Embrapa and exists in green, brown, saphire and ruby.

