The Brazilian economy was down 0.33% from the preceding month, according to Central Bank measurements. In June, the economy picked up by 1.03%.
Author: From the Newsroom
The number of foreign travellers visiting Brazil was up 5.5% last month, a higher rate than the global average. This year, the country should receive over 6 million visitors.
According to a survey conducted by the OECD, Brazil’s gross domestic product was up 0.9% in quarter two, as against 0.6% in quarter one. The country had the group’s third highest rate.
A document on Gaza and the West Bank claims that a growth plan may be implemented in the region, provided that peace talks move forward.
Figures released by the Egyptian statistics agency show, however, that the number of people who travelled to the country in the first seven months this year was up 8% from 2012.
Such was the forex flow deficit in the first week of the month alone. Year-to-date, the country is still running a surplus dollar inflow, according to information from the Central Bank.
World Luxury Expo will be held in Abu Dhabi, Doha, Kuwait City, Riyadh and Jeddah. The exhibition will feature brands like Porsche and Steinway & Sons and will be for guests only.
The World Bank’s arm will allocate US$ 79.6 million into the Brazilian company via investment and loan.
Abu Dhabi-based holding company and Netherlands’ Trafigura have signed an exclusivity agreement with Eike Batista’s mining company to acquire Southeast Superport.
The Focus Bulletin, compiled by the Brazilian Central Bank based on a poll of financial institutions, is expecting the country’s economy to grow by 2.35% this year. The prior estimate was 2.32%.
The Brazilian trade balance showed a US$ 299 million surplus in the first week of the month, but year-to-date, the country is running a US$ 3.4 billion deficit.
Revenues from Brazilian exports to the region stood at US$ 143 million from January through August this year, up 6.3% from the same period in 2012.
The 20th International Exhibition of the horse breed will take place from September 12th to 15th in Avaré, São Paulo. The event held by the ABCCA will include contests and a beneficent auction.
The Arab country has authorized multinational companies in South Sudan to use the pipelines in its territory to carry the commodity to different ports.
