Expenditure was down 62.5%, in January from a year ago. Meanwhile, spending by foreigners during trips to Brazil climbed 14.4%.
Author: From the Newsroom
In the third week of February, Brazil’s exports outweighed imports by USD 565 million and increased comparatively with the second week.
Actions in the cities of Homs and Damascus claimed 155 lives. The Brazilian Foreign Ministry issued a statement of repudiation and reiterated its support to peace efforts.
A poll of financial institutions by the Brazilian Central Bank shows that the Gross Domestic Product is expected to shrink 3.4% this year.
Arab public and private sector leaderships will convene to discuss current problems and financial perspectives for the region on April 13 and 14.
The Brazilian Ministry of Planning announced a USD 5.8 billion cut in an attempt at securing a primary surplus worth 0.5% of GDP at the end of the year.
Revenues from exports to the top two Arab buyers of Brazilian shoes increased in January from January 2015, industry association Abicalçados reported.
The state-owned company that manages railways in the country is floating a tender for diesel locomotives purchased in the late 1970s.
The company produced 333.4 million tons of iron ore last year, up 14.2 million tons from the preceding year.
The Organisation for Economic Co-operation and Development forecasts modest recovery in developed countries and sluggish economies in emerging ones. Brazil should see 4% recession.
The event ‘Women for Success’ opened this Thursday (18) and will run until next Monday (22). The agenda includes leadership, balancing career and personal life and entrepreneurship.
Standard & Poor’s believes political and economic challenges persist, and that the country will take longer than previously expected to adjust its economy.
The UN mission chief in the Arab country says humanitarian needs exceed the government’s ability to cater to its population.
Brazil’s National Petroleum, Natural Gas and Biofuels Agency said importation slid 74.5% in January 2016 from January 2015.
