The Brazilian Central Bank’s Economic Policy director said the raising of the benchmark interest rate to 13.75% did not suffice to steer the price index toward the target’s 4.5% midpoint in 2016.
Author: Da Redação
Watch in this episode: Brazilian vice president Michel Temer was honored by Arab ambassadors in Brasília.
Watch in this episode an interview with Christophe Didier, general director of Etihad Airways in Brazil.
In the second week of March, Brazil posted a US$ 24 million trade deficit. Year-to-date, the deficit reached US$ 6.089 billion, according to data from the Brazilian Ministry of Development, Industry and Foreign Trade.
Watch in this episode: Arab companies at the CPhI South America trade fair; the Apas Fair, a key event for the supermarket industry in Brazil; a lecture by professor Arlene Clemesha about the modern history of the Arab countries; and Rio de Janeiro’s Botanical Gardens.
Sales to the region accounted for 19% of overall foreign sales from the Brazilian meat company in the 12-month period ended September, as against 15% in the preceding period. North Africa’s share dropped.
Brazilian people’s perception of the economy improved for the second month straight, according to the National Confederation of Industry.
The country ranks 120th in the World Bank’s list of countries with the most ease of doing business. The survey measures aspects such as access to credit, to electricity, starting a business etc.
Foreign travel spending amounted to US$ 2.4 billion in September, a record figure for the month. North American currency appreciated by 9.6% in the same period.
Watch in this episode: The Lebanese Minister of Foreign Affairs visits Brazil, the Saudi Cultural Days in São Paulo, and the Big 5 show, in Dubai.
British company will extract gas by drilling through rocks in the Arab country. The project is worth US$ 730 million.
Whoever takes office will need to put Brazil back on growth track. For such, they will need to invest in infrastructure, embrace sustainable development, increase legal safety, cut taxes and make reforms.
Agreement allows clients from one company to book tickets via the other. In flights with layovers in São Paulo and Casablanca, travellers will not need to recheck their luggage.
The announcement was made by CEO Mary Barra to president Dilma Rousseff, in Brasília, and the sum should go into new products and improvements in current models up until 2018.
