Financial institutions polled by the Brazilian Central Bank have kept their 2016 inflation estimate level at 6.88%. The projection for next year dropped 5% to 4.94%.
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Four Syrians will be exhibiting at Feirinha Étnica, to be held by organization Adus in São Paulo on November 12. They will sell leather items, art and décor items, calligraphy and perfumes.
A new indicator by research institute Ipea shows a decline in August. According to the institute, the trend reveals a slow recovery for the Brazilian economy.
The shipping company will offer six new connections on a temporary basis during the country’s vegetable and citrus fruit export season.
The parties will share information and mutually collaborate for the development of deals, products and markets.
The Central Bank liberalized the exchange rate and the Egyptian pound is now fluctuating freely against the dollar. The goal is to end the foreign currency shortage.
Emirati Minister of Economy Sultan Al Mansouri intends to have the sector account for 20% of the gross domestic product by 2021, up from a current 16%. Abu Dhabi and Dubai already have strategies in place.
Prices increased marginally in October from September as per the Brazil Commodities Index (IC-Br). In the 12 months through October, the index was down 14.2%.
Brazil posted a USD 38.527 billion surplus, which came as a result of USD 153.088 billion in exports and USD 114.561 billion in imports during the period.
The amount consists of taxes and fines levied on Brazilian natural persons and corporate entities that regularized assets kept in foreign countries by October 31.
An increase of 6.4% in food output drove up the performance of the industry, which registered a 0.5% growth in September over August.
The Brazilian planemaker’s net loss number went from BRL 387.7 million in quarter three 2015 to BRL 111,4 million in the same quarter this year.
Brazil’s federal, states and local governments saw the widest deficit for a September since the Central Bank began keeping records. The September 2015 deficit had been USD 2.2 billion.
Gastronomy, dancing, a bazaar sale, henna tattoos and conversation on jobs will be featured in an event on November 5 in São Paulo. The goal is to build rapport between Arabs and the local population.
