09/12/2009

BRAZIL OPTIMISTIC

Brazilian entrepreneurs are more optimistic in the post-crisis reconstruction.

According to a survey by KPMG, Brazilian entrepreneurs are the most optimistic ones about the economic improvements next year.


On a scale of -100 (pessimistic) to +100 (optimistic), the Brazilians were in 84.6 in the industry and 77.4 in the service sector.


The overall average was 42.9 in industry and 46.5 in services.


In developed economies like the United States and Great Britain the level was, respectively, 54 and 50.4.


According to the consultancy's own assessment, "these numbers show how Brazil took the lead in the post-crisis reconstruction"


KPMG is a firm providing Audit, Tax and Advisory services in the whole world.

10/12/2009

CAPITALIZATION OF PARTS

Brazil announces package of measures to stimulate the economy, with emphasis on exports.

The Minister of Finance, Guido Mantega, announced yesterday, December 9, some measures to stimulate the economy of Brazil.


Among the Government measures is the aid of reinforcements in the region of $ 80 billion to the Banco Nacional de Desenvolvimento Econômico e Social - BNDES - to finance productive investment and development over the next two years.


Another measure was the release of funds to capitalize on up to 30% the auto parts segment.
These and other provisions make clear the priority activities of the country: economic and social infrastructure, purchase of capital goods, exports, science, technology and innovation.

12/01/2010

AUTO PARTS SEGMENT RE-INVESTS

Auto Parts Manufacturers already envision a more peaceful new year.

According to Anfavea - National Association of Automobile Manufacturers, the industry investment projects to meet planned production of 3.4 million vehicles in the country.


"The suppliers of parts for trucks and buses expect a growth in large part by industry and agriculture," according to the placement of the director general of Honey Well Turbo Technologies, a manufacturer of turbochargers for diesel engine.


On the other hand, BorgWarnerBrazil , a systems and thermal power turbo diesel engine maker , announced an investment of $ 20 million over the next three years, in order to meet the demand. The director of the company, Arnaldo Iezzi said, "This is the largest investment to be made at the plant unit in Campinas, located in countryside of São Paulo, and aims to launch new products and the use of manufacturing processes to comply with the pollutant emission laws Euro 5 and Conama P7.

29/01/2010

PRE-CRISIS RETAKE

Analysts predict a return to pre-crisis level in the first.

"Most of the industrial activities should return to the level it was before the crisis until April, with the average of the industrial segment showing a growth in production before September 2008 at the beginning of the 2nd quarter". Such remark was stated by the teacher and former secretary of political
economics, Julio Sergio Gomes de Almeida.


The total production of vehicles assembled or disassembled at the end of the year was of 3.18 million units, only 1% below the 2008 performance, according to the National Association of Automotive Vehicle Manufacturers (Anfavea). According to the Association, that number could rise to 3.3 million in 2010, thus
increasing the capacity use in the transportation segment.

05/11/2009

TRADE BALANCE

Stock market, fixed income and surplus.

The dollar exchange rate tends to fluctuate between $ 1.75 and $ 1.85, possibly influenced by the strong presence of foreign investments in the stock market and fixed income. There is a U.S. $ 22.3 billion trade surplus projection in the major press media.

10/11/2009

OVERTAXING

The United States and Europe complain of China.

The United States of America and Europe open together a complaint with the World Trade Organization (WTO) against China, by overtaxing raw materials to ensure that their domestic prices are lower.
According to the State Agency, the dispute is about the access by rich countries to raw materials to their industries. Trade Commissioner of the European Union, Catherine Ashton, said that "the Chinese restrictions on raw materials continue to distort competition and raise overall prices, which makes the playing field for our industries more difficult."
As for China, the constraints are environmental measures and do not affect prices.
Later this year, the president of the United States, Barack Obama, will travel to Beijing to discuss, among other issues, trade issues and the devaluation of Chinese currency.
The White House had established a tax increase for Chinese tires. In retaliation, Beijing decided to take action against U.S. exports of chicken, cars and auto parts.

05/03/2010

INCREASE IN EXPORTS

External trade is at its highest level in history.

Welber Barral, the Secretary for Foreign Trade said yesterday in Brasilia that "Brazilian exports reached the amount of U.S$ 23.502 billion in the first quarter of 2010, which represents the highest level in history".


He said: "the major economies show signs of recovery, especially the emerging ones, with percentages in exports of + 17.3% to the United States, + 24.9% to European countries and - to some emerging economies- the increase was greater than 50% ". Barral also cited "the increases of 56.8% in sales to Mercosur countries, 37.2% to Latin America and the Caribbean, 33.2% to Asia, 50.8% to the Middle East and 76.9% to Eastern Europe .


The total indicates that Brazilian exporters sold 24.5% more than the same period last year.