An index from Brazil’s National Confederation of Industry remained flat this month compared with last one, but plummeted by 21% over July 2015.
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The decline was in May of this year in comparison to the same month of last year and marked the worst result for the period since the start of the survey in 2012.
Rachid Belanes, director of Economic Affairs at the Agricultural Investment Promotion Agency of Tunisia (Apia), talks about the services and solutions the institution offers to entrepreneurs interested in investing in the Tunisian economy.
The carriers reached an agreement that also provides for a capital increase of USD 613 million for the South American airline.
The surplus is the result of USD 5 billion exports and USD 3.5 billion imports in the month so far.
Financial institutions are expecting the Brazilian economy to shrink 3.30% in 2016. Last week’s forecast had been for a 3.35% decrease, according to a survey by the Brazilian Central Bank.
In the fiscal year of 2016, the airline from Qatar registered a net profit of USD 439.4 million. In 2015, net profit was USD 102.71 million.
The company produced 2.9 million barrels of oil equivalent in June. Its previous all-time high had been in August of last year.
Brazil’s Inez de Ghandour makes frozen savory delicacies and sells them for events and at stores in ten different cities in the Arab country. The bulk of the clientele is made up of locals.
Brazil’s Extended National Consumer Price Index was at 0.35% last month, down from 0.78% in May, and drove H1 inflation to 4.42%; the rate was 6.17% in H1 2015.
The Fund`s executive board signed on an agreement that provides for the disbursement of USD 5.34 billion in three years. The goal is to help the country with its balance of payments.
The National Confederation of Industry changed from 3.1% to 3.5% its forecast for the decline of the Brazilian economy this year.
The amount sent abroad by foreign workers has been rising in the last few years. The number of immigrants already surpassed 2 million in a population of 4.4 million people.
The financial sector was the one responsible for the country`s forex deficit of USD 3.5 billion in June. Import and export-based operations registered a surplus of USD 3.9 billion.
