The organization’s Marketing vice president Riad Younes joined a Lebanese diaspora conference in Beirut and accepted a trophy in recognition for services rendered to the community.
Browsing: Economy
Foreign sales from Brazil reached USD 79 million in April and USD 338 million year-to-date. The number of pairs shipped abroad went down.
It was the state in Brazil where industrial production declined the most in March from February, by 4%. The average national drop was 1.8%. Other above-average states were Ceará, Paraná, Minas Gerais, and Pará.
Foreign sales averaged USD 895.6 million a day in the first week of May, the Brazilian Ministry of Industry, Foreign Trade and Services. The country registered a USD 997 million surplus.
The increase in prices expected by Brazilian financial market players for 2017 changed from 4.03% to 4.01%. The GDP growth forecast edged up to 0.47% from 0.46% last week.
From January to April, 232,000 vehicles were shipped abroad from Brazil, a 64% increase over the year-ago period.
Brazil’s IBGE, National Treasury and Central Bank reported that the federal government had a net operating loss of BRL 512.2 billion in 2015. In 2014, the deficit had been equivalent to 4.9% of GDP.
Net profit numbers by companies whose shares are traded in the Abu Dhabi and Dubai stock exchanges climbed by 6.7% in the first quarter. Banks were the highlight.
The price of oil weighed down on the country’s finances in 2016, and on its transactions with the rest of the world. The deficit was to the tune of 1.5 billion Kuwaiti dinars.
The decline was from February to March. In comparison to March of last year, however, it went up 1.1%.
Exports exceeded imports by almost USD 7 billion, the highest such gap since April 1989. Foreign sales reached USD 17.686 billion, with foreign purchases amounting to USD 10.717 billion.
The National Consumer Price Index forecast dropped for the eighth week in a row, to 4.03% per annum, according to the Central Bank’s Focus Bulletin.
Lindelucy launched a set of underwear with gold and pearl details for BRL 10,000 (USD 3,151). Director believes that there is a market for the product in Arab countries.
Survey by Consulting firm Boa Vista SCPC shows the opening of new companies in Brazil increasing at a faster pace. Individual micro-entrepreneurs and micro-companies drove the increase.
