Brazil registered a USD 150 million deficit last week, the result of USD 2.922 billion in exports and USD 3.072 billion in imports.
Author: From the Newsroom
Forecast is from the Focus Bulletin, published by the Brazilian Central Bank with outlooks from financial institutions for Brazil’s economy. Estimation is for a 2.99% shrinkage in 2016.
Financial aid will be made available once the national unity government takes office, said European Union foreign policy chief Federica Mogherini.
In 2015, Brazilian citizens withdrew BRL 53.568 billion (USD 13.295 billion) in excess of what they deposited into savings accounts, in the weakest performance since 1995.
The FAO-measured price index dropped 19% in 2015. All groups of products became cheaper due to the excess of supply and global economy’s weak performance.
Over 416,900 units were shipped abroad last year, but revenues slid 8.7% to USD 10.5 billion.
The company announced the purchase of shareholding in frozen food distributor in the Gulf country. Talks over the agreement begun in 2015.
The institution expects a ‘modest’ performance this year, but superior to 2015. Brazil should keep plodding through recession, with growth set to resume only in 2017.
The number of containers handled at Khalifa Port was up 32%. Vehicle traffic increased by 27%. General cargo, bulk cargo and passenger throughput also grew.
Jordanians living abroad had wired nearly USD 3.5 billion to their country by the end of October 2015, according to the local central bank.
Sales abroad set records in 2015 when they reached 4.3 million tons. According to the Brazilian Animal Protein Association, Brazil accounts for 37% of the world’s exports.
Hamad Buamin, Dubai Chamber’s president, will take the post of vice-president of the World Chambers Federation.
Foreigners are no longer required to leave the country during the process in order to extend the validity of their visit visas. The service is available for a USD 155 fee.
In 2015, Brazil posted a USD 19.681 billion surplus, the highest number since 2011. However, both export and import figures fell short of 2014 levels. The Middle East’s imports dropped the least.
