An index from think tank Fundação Getulio Vargas dropped month-on-month, although it remains high, a sign that people aren’t planning to purchase or invest much.
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Brazilian Institute of Geography and Statistics (IBGE) figures show there are 207,660,929 residents in the country, a bigger number than last year.
The president of the organization’s Management Council had the auditorium of the new Arab Chamber headquarters, in São Paulo, named after him.
Brazil’s Central Government saw a primary deficit to the tune of BRL 20.1 billion in July. Year-to-date, a BRL 76.3 billion primary deficit was also the widest ever.
The capital gains tax levied on remittances from Brazil to other countries has changed. Instead of a single 15% charge, now there are four different tax brackets.
In the fourth week of August, exports came out to USD 5.145 billion and imports clocked in at 2.991 billion, according to the Brazilian Ministry of Industry, Foreign Trade and Services.
Brazil’s external and domestic debt slid to a combined BRL 3.34 trillion last month, primarily due to a hike in its currency – the real – relative to the currencies that comprise its foreign-denominated debt.
A poll of financial market players in Brazil shows expectations regarding the increase in prices this year moving from 3.51% to 3.54%. GDP is now seen growing by 0.39% this year, up from 0.34% in the last poll.
Souk Burger went into business last June in São Paulo’s Pinheiros neighborhood. Kibbeh, kofta and baba ghanoush hamburgers are accompanied by other typical Arab items.
Federal revenues totaled slightly less than BRL 110 billion (USD 35.17 billion) last month, down 0.34% in real terms over July 2016.
The Dubai-based port operator reported positive first-half results. It saw revenue go up by 3%.
The Água Fresca brand of Belo Horizonte, Minas Gerais turned to Morocco for elements to draw on for its Spring/Summer. The company’s owner and a designer took a trip to the Arab country last May.
Auctions for exploration and production sharing agreements in oil blocks will be held on October 27.
The country registered a current account deficit of USD 3.4 billion in July. However, foreign direct investment increased to USD 4 billion in the month.

