Political instability in the Arab world should not affect Vale’s performance. According to executives at the company, the Middle East represents just 3% of sales.
Author: Isaura Daniel
Isaura Daniel
A journalist with a degree from Unisinos and experience in economy and finance, she has been responsible for international coverages and amassed eight journalism prizes.
The outflow of foreign investment from the Securities, Commodities and Futures Exchange should continue in coming months, but should not appreciate the dollar.
Brazilian self-sufficiency in oil and the government’s work to control inflation should result in the country’s not being affected by rises in the price of the commodity.
The objective of the new Foreign minister, Antonio Patriota, is to diversify partnerships abroad. One of the regions chosen is the Islamic world, of which the Arab world is part.
The government is taking to states the Low Carbon Agriculture programme, which makes available funds for producers to reduce their carbon emissions.
As is the case in Brazil, the ghost of inflation is trying to destabilize the economies of the Arab countries. In Egypt, the Consumer Price Index rose 1.02% in January.
Petrobras did not import crude oil from the region in January. The Arab market, however, was a regular supplier throughout last year.
Agronomist Paulo Suassuna travelled to Morocco to speak about cactus production for animal feed in small properties in Sergipe. Moroccans should now come to Brazil to learn about cultivation.
The commodity should continue appreciated in coming months, generating revenues in the Arab world. In Brazil, price transfers are not expected to affect petrol or diesel prices.
At a meeting in Paraíba, in April, representatives of Arab and South American countries are going to discuss their technologies for better relating to arid and semiarid regions.
Iron ore is highly priced and should continue growing in coming months, bringing greater revenues to exports from Brazil to the Arab world.
An exhibition in Porto Alegre, by Giselle Padoin Custódio, shows elements like jewellery, fashion, architecture and decoration from Marrakesh, the Moroccan city known for its red buildings.
Brazil boosted its cashew and Brazil nut exports to the Arab world by 40% from January to November last year. The state of Ceará contributed the most to sales.
A technical meeting of the Global Bioenergy Partnership (GBEP), in Tunis, is dealing with indicators to be used in public policies in the field of biofuels. Brazil and Sudan are members of the group.
