Brazil’s inflation rate reached 0.38% last month, the lowest for the month in almost four decades, according to the Brazilian Institute of Geography and Statistics (IBGE).
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Rubens Hannun, the organization’s new president who took office early this month, sat down for his first board meeting last Monday (6) to outline actions regarding trade and member companies.
The unit saw USD 8 million in investment and can produce 72,000 tons of cellulose paste per year, using technology developed by FibraResist, an arm of business conglomerate Grupo Cem.
Output increased in most of the 14 regions surveyed by the Brazilian Institute of Geography and Statistics (IBGE) in December. The states of Rio Grande do Sul and Ceará displayed above-average performance.
The total amount withdrawn from savings accounts was USD 3.4 billion higher than the sum of deposits during January, the Brazilian Central Bank reported.
Exports outpaced imports by USD 212 million during the first three days of the month in Brazil, with sales going up for copper ore, crude oil, leather and cereals.
Revenue from foreign sales reached USD 809.8 million in January, industry association Anfavea said, with shipped amount going up 56%, in the best performance for a January since 2008.
The Qatari carrier has launched a Doha-Auckland, New Zealand flight which it claims is the longest-lasting one in the world, clocking n at over 16 hours.
Major industry players will convene at the event’s 11th edition, set to run from April 4 to 6. This year, retail sales in the United Arab Emirates are seen reaching USD 54.45 billion.
The multi-industry event will feature 650 companies from 13 countries from March 15 to 24, with exhibitors offering products such as foodstuffs, home appliances and automobiles.
The World Gold Council (WGC) reported a 15% drop in consumption, to slightly over 2,000 tons. Demand for gold bars, in turn, increased by 2%.
There was a 31.3% drop in January from December and an 8.9% decline year-on-year, according to numbers from credit bureau Serasa Experian.
The airline, which flies between São Paulo and Doha on a daily basis and will launch a new route from Rio de Janeiro, will host an event in the city to select new cabin crew members.
The International Air Transport Association (IATA) said 2016 was a great year for the industry. Year-on-year demand growth outpaced the ten-year average.
