Industry association data show a 16.2% decline in the year. However, upward foreign sales numbers in November and December might be a novel trend, the association says.
Author: From the Newsroom
The Brazilian minister of Finance, Nelson Barbosa, stated that the Fund’s incumbent managing director can count on the Brazilian government’s backing for another term in office.
Survey by FGV shows an increase of 2.5 points in January 2016 over December of last year.
The World Bank revised down forecasts for 2016 prices of 37 of 46 basic products analyzed. Global supply should remain large, with demand standing low.
In 2015, 13.15 million tons of chicken meat were produced in Brazil, a 3.58% increase over 2014.
In the third week of January, USD 2.442 billion were exported and USD 2.599 billion were imported, with the result being a deficit of USD 156 million.
On February 20th and 21st, leaders of African countries and business owners will discuss ways of promoting mutual investments in the continent and attracting the private sector.
The UN agency says that the country begun to attract larger and more diversified resources after adopting broad reforms, creating specialized agencies in the area and keeping economic and political stability.
The Fund increased from 1% to 3.5% the forecast for the decline of the Brazilian GDP in 2016. The president added that the causes of pessimism are political and not economic.
The sum will be spent on infrastructure works at industrial zones in the Upper Egypt provinces Qena and Sohag.
The São Paulo State secretary for Culture, Marcelo Mattos Araujo, visited the organization in Abu Dhabi and talked exchange with CEO Abdullah Mohammed Al Rayes.
According to the Federal Revenue office of Brazil, tax revenues reached 1.211 trillion in 2015, a decline of 5.62% over 2014.
It was the worst year since 1992, according to information from the Ministry of Labor and Employment.
World circulation of foreign direct investments reached USD 1.7 trillion in 2015, an increase of 36% over 2014. Unctad says, however, that only a small fraction of this money went, in fact, to the productive sector.
