The Getúlio Vargas Foundation index measuring confidence in the economic sector in the country dropped 0.2% in the period from August to October, with 97.8 points. This is the lowest level since 2009.
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The event, in São Paulo, on November 1st, should count on Sultan Al Mansoori, the minister of Economy of the Emirates. The meeting will include investment funds and large companies.
The volume shipped in quarter three (Q3) this year was down 7.3% from Q3 2012. Sales are expected to recover by the end of the year.
Specialists will convene at the School of Economics of the Getúlio Vargas Foundation to address the role of Brazil in the region. The conference will take place next in São Paulo next Friday (1st), at 4:00 pm.
The agency is competing with an article about expansion of the cargo sector at Guarulhos Airport, in the first edition of the award of the Brazilian Airline Association.
A Central Bank research with financial institutions shows a GDP estimate of 2.13% next year. The prior forecast had been 2.2%.
Arab diplomats in Brazil should meet with the governor of Bahia, businessmen, the mayor of state capital Salvador and also visit a petrochemical hub this week.
The São Paulo-based company Easy Taxi received US$ 6.8 million to expand in the Middle East and North Africa. The software program helps users find taxis near their location in up to five minutes.
According to Petrobras, on September 2 337,300 barrels were produced. Output averaged at 326,800 per day during the month, including production by the Brazilian state-owned company and partner companies.
The meeting will be held by the Financial Times Live and the This is Africa organization on November 27th, in Johannesburg. Brazilian companies operating in the continent will be represented.
A decree by Brazil’s president allows foreign investors to own up to 30% of the bank’s shares, a percentage previously limited to 20% of total capital.
The volume picked in 2012 totalled 71.1 million tonnes, growth of 27.7%, and exceeded soy, which was 65.9 million tonnes, according to the IBGE.
The Brazilian market imported 63% more fertilizer from the region from the start of the year to late September, totalling US$ 1.3 billion. The product came mainly from Morocco, Qatar, Egypt and Tunisia.
Of the total bonds issued by the federal government, US$ 1.5 billion will be paid in cash and the remainder, in old bonds. The bulk of the amount was raised in the European and United States markets.
