• Categories
  • Archives

Bush Wants to End Import Tariff on Brazilian Ethanol

The President of the United States, George W. Bush, asked the American congress, last week, to analyze suspending the import tariff on Brazilian ethanol.

Currently it is of US$ 0.54 per gallon of 3.78 liters. "Ending the tariff will allow the import of foreign ethanol and this will help us with our costs," said Bush to al local television.

Last year, Brazil exported to the United States about US$ 77 million in ethylic alcohol for industrial purposes. The information is from the communications department at the Brazilian Ministry of Agriculture.

Petrobras Profits

The net profit obtained by Brazilian state-owned oil company Petrobras added up to US$ 3.14 billion in the first quarter, which represented an increase in 33% in relation to the same period last year, according to information released by the company.

The main factors for this increase were the company’s operational advances in the areas of exploitation and production and refinery, the high international prices, the appreciation of the real in relation to the dollar and the stability of operational costs.



  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Brazil Sells Arabs US$ 2.1 Billion in Agricultural Goods, a 15% Boost

Brazilian agribusiness exports to the Arab countries yielded US$ 457.4 million in July, a ...

Brazil Gets Ready for War Rearranging and Funding Its Defense Network

The Brazilian government announced this week the creation of an ambitious defense structure, to ...

Haiti’s President Elect Thanks Brazil and Plans do Visit Country

Brazilian Minister of Foreign Relations, Celso Amorim, called Haiti’s elected President, René Préval, this ...

Group Gathered in Brazil Wraps Up Bank Created to Counter US Influence

Brazil and six other South American countries agreed to establish Banco del Sur (Bank ...

Brazil Pushes for Planetary Zero Hunger

According to Brazil’s Minister of Food Security and Hunger Alleviation, some countries are unable ...

With the Schools It Has, Brazil Has no Future

The future has the face of its school of the present; Brazil, therefore, has ...

Safe Houses for Narcotics Stir Debate in Brazil

Brazil’s national Anti-drug secretary, General Paulo Roberto Uchôa, called for prudence in the public ...

Jeffrey Sachs Applauds Brazil for Raising Its Voice

Renowned economist, Jeffrey Sachs, who is presently a UN consultant on the Millennium Targets ...

Brazil and France Agree It’s Time for the US to Yield on Farm Subsidies

Brazilian President Luiz Inácio Lula da Silva said yesterday, May 25, that an agreement ...

Brazil Gets Its Own BBC. Al Jazeera May Lend a Hand

Brazilian diversity on TV screens is one of the goals of TV Brasil, according ...