The GDP shrinkage forecast has changed from 3.71% to 3.60% as per a Brazilian Central Bank poll of financial institutions.
Browsing: Economy
Muna Darweesh and her husband Wessam moved to Brazil in 2013 and their business of cooking typical dishes to order is thriving. They now plan on opening a restaurant.
Next July, ‘The West and its Opposites’ will show how biased notions about Eastern peoples came into being in the West, from Ancient Greece to today’s prejudice against Arabs. Enrolments are open.
A negative foreign market outlook caused the United States currency to hike and the main São Paulo Stock Exchange index to drop.
Output was 2.83 million barrels on average, an increase of 5% over April and of 2% in comparison to May of last year.
It was the steepest increase in the official price index in a May since 2008. Housing was the sector responsible for the sharpest elevation in the period.
IBRD cut down from 2.9% to 2.4% the growth estimation for the global economy in 2016. And a recession in Brazil is more likely, according to the forecast. Arab countries will experience a more modest growth.
Investe SP will work with local businesses to devise strategies for the foreign market. The goal is to involve 260 companies in the capital and the state by April 2018.
In Q1, the bloc’s economy grew 0.6% over the last three months of 2015 and 1.7% over January to March from last year.
Mag Halat, a Brazilian of Lebanese descent, created Blog da Mag (Mag’s Blog), in which she offers tips of how to bring together fashion clothes, a well-done makeup and the Muslim veil. Her videos have nearly 50,000 views.
Five of the world’s 15 leading sales hubs are located in the Middle East. Dubai is the biggest one in the region and fourth on a global ranking released by Jones Lang LaSalle.
The share of this type of power source in the overall energy matrix went from 39.4% in 2014 to 41.2% last year, the Ministry of Mines and Energy reported.
Brazil’s national manufacturers association reported 46,895 units shipped last month, up 15% from May 2015, but domestic production declined.
The forecast based on a poll of financial institutions issued by the Brazilian Central Bank this Monday (6) is higher than last week’s.

