Hamilton Mourão, vice-president of the Republic and coordinator of the Amazon Council, said the government’s environmental policy would remain the same, regardless of who wins the US presidential election.
Brazilian banks granted R$2.6 trillion ($456 bn) in credit, including new operations, renewals and contract extensions, Febraban reported. The data for the first three weeks of last month are partial and only include, in the case of legal entities, loans and financing with free resources, for a total of R$226.6 billion ($39 bn).
Source: Valor Investe
The distributed generation of renewable energy in Brazil reached 4 GW of installed power. More and more “prosumers” are investing in their own input generation using sources such as solar photovoltaic, biogas, biomass, hydroelectric power plants and wind systems, said the president of the Brazilian Distributed Generation Association, Carlos Evangelista.
Source: Canal Energia
Brazil’s trade balance recorded a surplus of $5.473 billion in October, the Ministry of Economy reported. It is the second-best result for the month since the beginning of the historical series in 1989. In the month, exports totalled $17.855 billion, and imports $12.383 billion.
Sugar exports from Brazil, the commodity’s largest global exporter, have benefited from increased domestic production. So far, the country’s largest volume ever shipped in a month was 3.93 million tons, in October 2012, according to the Foreign Trade Secretariat (Secex).
Source: Portal Agronegocio