This Friday (16) saw the hydroelectric plant reach 98.63 million MWh. It is now close to matching the world record, which belongs to China’s Three Gorges Dam.
Browsing: Economy
A survey conducted by Brazil’s National Federation of Trade in Goods, Services and Tourism shows the index climbing 2.6% in December from November due to the year-end holidays.
Sales from Brazil to the region totaled USD 935 million last month. The highlights were the shipments of sugar, iron ore, auto, iron and steel pipes and fresh meat.
The region purchased 127,900 sqm of the product in the first eleven months of this year, down 19.6% from year-ago levels. Tunisia was the biggest buyer; Lebanon, Morocco and Egypt were the other importers.
The increase took place in November over October. In comparison to the same month of 2015 there was a decline of 33.4% in these sales, according to the sector’s association.
Activity slowed down in Brazil as against September levels according to a survey by the Brazilian Institute of Geography and Statistics (IBGE). It was the third straight month-on-month drop.
Measures by the Development Bank aim to facilitate, expand and streamline access to credit by micro, small and medium-size businesses.
The National Confederation of Industry forecasts an expansion of 0.5% in 2017. For the industrial sector, the estimative is for a growth of 1.3%.
Sales to the two Arab countries declined year-to-date until November, but overall exports went up 3.6%, according to data provided by Abicalçados, the sector’s association.
The result in the first two weeks of December is the result of USD 4.817 billion in exports and USD 3.952 billion in imports.
Survey shows that from this total, USD 16.71 billion is generated by residents of communities in underprivileged Brazilian suburbs.
Financial market is predicting the inflation rate to be 6.52% in Brazil this year. Previous estimate was 6.69%.
An initiative from organization Migraflix intends to find families that are willing to welcome refugees who don’t want to be alone for the holidays.
Business owner Julia de Biase will speak on the topic ‘The world of Eastern perfumes’ on Monday (12) in the city of São Paulo. The event is aimed at clients, executives from the sector and the press.
