The Fund and the World Bank complimented Brazil on its accounts and performance through the crisis. Still, the two claim lower interest rates would help the country benefit from increased demand.
Author: From the Newsroom
The country’s purchases from Brazil dropped early this year due to local authorities having found issues with products from other countries, and having decided to revise the documentation as a result.
The figure resulted from US$ 4.921 billion in exports and US$ 4.341 billion in imports.
The patriarch of the Egyptian Christians died last Saturday. In 2006, he visited Brazil to consecrate the first Coptic Church in the country.
International Monetary Fund technicians claim Palestinian Authority has to keep cost of living under control, manage unemployment and carry out projects using only funds donated to this end.
The plastic processing industry recorded a US$ 1.35 billion foreign trade deficit due to exports growing at a much lower rate than imports.
The head of the United Nations Relief and Works Agency for Palestine Refugees in the Near East calls for US$ 75 mn and appeals to countries like Brazil. Children’s hospitals and schools need funds.
Arab Brazilian Chamber president Salim Schahin proposed for annual meeting to be held in the country. He attended the General Union of Arab Chambers of Commerce 60-year celebration in Lebanon.
Renault Brazil sponsors the duo Assiane Adada and Valérie Vilatte, who will compete with a Duster 4×4 model car in a 100% female race.
The son to a Lebanese father and one of Brazil’s foremost geographers, Aziz Nacib Ab’Saber died this Friday in Cotia. An emeritus professor at the USP, he possessed vast knowledge of Arab culture.
A presidential decree issued this Friday eliminates the 1% rate levied on hedging operations made by exporters. The tax was implemented in 2011 to curb foreign exchange speculation.
A survey conducted by the World Food Programme in November and December indicates that part of the population is unable to produce or buy the food it needs.
According to an evaluation of the International Monetary Fund, the country’s banking system is healthy. However, declining oil prices may harm the recovery of government-related enterprises.
The petrochemical company posted foreign sales revenues of US$ 6.5 billion last year, driven by increases in prices of some products. Still, the enterprise posted a loss.

