Mahmoud Ghaloul arrived in São Paulo in 2013 and began to sell sweets at fairs. Now he cooks to order and also goes to people’s houses to prepare the meals.
Browsing: Economy
Exports totaled USD 5.3 billion, a 2.6% fall in comparison to the same month of the previous year.
Statement was made by Algeria’s minister of Energy, Noureddine Boutarfa. OPEC and non-OPEC countries have decided to lower their oil output this year in 1.8 million barrels per day.
The index measured by the National Confederation of Industry increased 3.5% in comparison to December 2016.
The government collected BRL 1.289 trillion (USD 409 billion) in taxes last year. Results would have been worse if not for the repatriation funds from October and November.
The Braúna 3 mine, in Bahia, could raise tenfold the domestic production of diamond, product highly sought by the United Arab Emirates.
Foreign sales totaled USD 7.8 billion last year. The sector’s association blames the appreciation of the real against the dollar for the decline in shipments.
Lending by banks declined in 2016 in comparison to the previous year.
The amount of investments online by individuals in public bonds was the highest for the month. Sales totaled BRL 1.715 billion (USD 541 million).
Last year, 670,000 units were produced in Brazil. Exports increased 27% to 8,400 units.
The Brazilian trade surplus was the result of USD 9.775 billion in exports and USD 8.377 billion in imports, with both climbing in comparison to the same month of last year.
The 2016 result was the worst in four years, according to consulting firm Serasa Experian. Industry registered the sharpest decline.
Estimate by financial institutions are approaching the established inflation target center. In the Focus Bulletin of this Monday (23), forecasts on the benchmark interest rates were also revised down.
The number of formal jobs, with registered employees, declined 3.33% last year in comparison to 2015.

