According to the International Monetary Fund (IMF), the country has managed to lower its current account deficit, grow, and control inflation, despite regional instability.
Author: From the Newsroom
The contribution made to the Unhcr for Syrian refugees is the highest single donation ever from the European Union to the UN agency. Over 2 million people have fled from Syria since 2011.
Net FDI inflow in Brazil stood at US$ 8.334 billion, a monthly record. The full-year forecast is US$ 63 billion, which will not suffice to offset the current account deficit.
The Brazilian Development Bank (BNDES) will supply the funds to the terminals Guarulhos, in São Paulo, and Brasília, and will be used for funding works and paying past loans.
The winning company will manage an 800-plus kilometre highway stretch in Brazil’s Mato Grosso do Sul state, through which grain is transported to the country’s main ports.
The Brazilian Poultry Union has informed that chicken meat exports from January to November were up 5.1% from the same period last year. The Middle Eastern countries are the leading importing region.
Qatar Airways passengers staying in the country for up to one month will be able to request their visa online.
According to the World Tourism Organization, tourist flows reached an all-time high from January to September this year. A total of 845 million people have travelled internationally.
The increase took place in October from September, according to the Brazilian Central Bank. It was the highest rate since April’s 1.38%.
A survey conducted by the Industrial Marketing and Studies Institute (IEMI) shows furniture and mattress shipments will be down 15.4% in 2013 from 2012. Imports should be up 6.5% to 13.5 million.
Bloc comprising Chile, Peru, Colombia and Mexico held an event marking its official launch for the Gulf region, seeking trade and investment.
The volume of Brazilian shipments to the region was up 32% year-to-date through November. The rate of growth is higher than that of overall Brazilian exports of the item, which was up 11.4%.
According to the National Supply Company, grain production will amount to 195.9 million tonnes in the 2013-2014 crop, and the total crop area will be 55.2 million hectares.
Brazilian exports of agricultural products to the region netted US$ 850.2 million in November this year. Foreign sales to Africa, which is also home to Arab countries, were down 22.5%.
