Browsing: Economy

Made with yerba mate and guaraná, Waker Energy Drink, from Brasília-based company Brasil Mate, is being sold in France and Portugal. The United Arab Emirates is one of the markets that the company is interested in.

The company’s refineries are now charging 8.1% more for gas and 9.5% more for diesel. The price raise was to align it with the increase in oil international prices.

In business for less than a month, the Brazilian Roast Café is located in an office building in the emirate. Options include cheese rolls and coxinha and are enjoyed by Brazilians and Arabs alike.

IMF staff concluded its visit to the Arab country this Thursday (1) and praised the improvement in fiscal management and diversification of the economy. The GDP should grow 4.4% in 2017 against 2% this year.

The multinational and its local partner NBC opened the facilities this week. It’s the brand’s fourth bottling plant in Palestine, with the other three located in West Bank.

Production in Brazil averaged 2.624 million barrels a day, gas included, up 9% from October 2015. In October from September, however, output was down 1.8%.

It was the 7th consecutive quarter-on-quarter contraction according to the Brazilian Institute of Geography and Statistics (IBGE). Brazil’s Ministry of Finance points to corporate indebtedness as the cause.