Revenue from Brazilian foreign sales to Arabs increased by 13.5% year-on-year in January. Shipped amounts and the prices of sugar and ore drove the increase.
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A former chief economist with Brazilian bank Bradesco, he will go over the domestic and global scenarios in a breakfast for Chamber member companies next Wednesday (15).
Exports exceeded imports by nearly USD 1 billion in Brazil during the second week of February. Another surplus had been recorded in the first week of the month.
Expectations from financial market players regarding the Brazilian economy in 2017 have edged back from 0.49% to 0.48%.
Last year, over 100,000 outlets closed in Brazil, according to a survey conducted by the National Federation of Trade in Goods, Services and Tourism.
Voluntary workers are wanted in Rio de Janeiro. The organization needs Portuguese language teachers, course assistants and children’s recreation professionals.
A study by the National Supply Company (Conab) shows the Southeast’s Santos Port remains the primary outlet for soy and maize, but Northern ports like Itaqui, in Maranhão, are coming up.
Credit rating agency Standard & Poor’s has kept the country two grades below investment grade. This has been Brazil’s score since February 2016.
A poll has shown that 84% of responding executives and business owners in Brazil see political and economic worries abating in 2017.
Foreign sales from Brazil amounted to USD 81.4 million in January. No Arab countries ranked among the top 20 buyers.
Although progress was made in the past five years, social and economic conditions remain difficult. GDP growth was 3.4% in 2016 and should be 2.5% in 2017. A new government has been elected.
The Arab Brazilian Chamber of Commerce will have member companies over for breakfast on the 15th to discuss the Arab and world economies, this year’s calendar and a mission to North Africa.
The rate is the weakest since 2010 for large businesses, according to a survey conducted by the National Federation of Industry (CNI). Ten percent of industrial companies that planned to invest didn’t.
So says the IMF, whose mission to the Arab country ascertained that confidence increased after the Tunisia 2020 conference took place. Cutting wage spending is key challenge.
