According to the Unctad, 10% of developing countries’ exports to the G20 are lost as a result of sanitary and phytosanitary measures and other issues.
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Net revenue was down 18.1% for the Brazilian conglomerate year-on-year in June. Year-to-date through June, net revenue declined by only 0.1%.
The Valeo group will build an industrial complex to make car parts in Tangiers. The facility will supply countries in Africa and the Middle East, with initial investment at 50 million euros.
The IMF cut in 0.1 percentage point its estimates for the growth of global GDP for this year and the next.
The surplus was the result of USD 4.4 billion in exports and USD 2.9 billion in imports. Shipments increased, but foreign purchases declined.
Financial institutions polled by the Brazilian Central Bank believe policymakers will keep the interest rate at 14.25% at this week’s meeting, but slash the benchmark rate to 13.25% before the year ends.
The Arab, African and South American Library and Research Center is looking to hire personnel for positions including management, communication, cataloguing of art objects and language teaching.
Brazil exported 25% less to the United Arab Emirates and 33% less to Saudi Arabia in the first half of this year from the first half of 2015. The average price per pair of shoes to those countries also declined.
This Friday saw the launch of a 12-bed facility for patients with high-complexity heart conditions. The hospital was established by the Arab colony in Brazil.
The confidence of industrialists in Brazil increased 1.6 point in July over the previous month, according to survey by the National Confederation of Industry (CNI).
Brazil sold 31,134 units abroad in H1. Recovery of the Argentinian market was the main influence, since the neighboring country is by far the largest importer.
The index that keeps track of Brazil’s economy was down 0.51%, after having climbed marginally in the preceding month.
Financial institutions expect the National Treasure, Social Security and Central Bank to register a deficit this year. The amount is higher than an earlier forecast.
The agenda will include business opportunities involving the continent and the Middle East nations, food security and public-private partnerships. The event will be on November 9 and 10.
