In the month’s second week, external sales again surpassed purchases of imported products, just like in the first week. Thus, the trade balance registered a surplus of USD 1.747 billion.
Browsing: Economy
Casa Maní sells batter for making the typical Brazilian food to seven different countries and is looking to branch out. The company’s goal is to ship up to 30% of its production abroad.
Estimates by the financial institutions on the economy show a 3.88% GDP drop this year over 2015, according to survey by the Brazilian Central Bank. Previous forecast pointed to a 3.86% decline.
Talal Altinawi, who has lived in Brazil for two years and four months, raised the money to open his Syrian restaurant through crowdfunding.
The 21st Immigrant Party will be held on June 5, 11 and 12. The event will have attractions from more than 30 countries, including Arabs.
A Brazilian Central Bank index shows the GDP shrank in March from February, in the 15th month on a downward path.
The European Bank for Reconstruction and Development (EBRD) revised down its forecasts for Egypt, Jordan, Morocco and Tunisia. A troubled regional scenario and tourism decline are some of the contributing factors.
The road supplies manufacturer’s revenues were up 4.8% in Brazilian real, but down 19.1% in US dollars in Q1 this year.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
A total of 8.4 million pairs of shoes were shipped from Brazil in April, up 11.7% from April 2015. Revenues reached USD 69 million, a 0.8% increase.
Index measured by Fundação Getulio Vargas shows that the economic scenario improved, going from 72 points in January to 74 points in April.
The advice comes from the International Monetary Fund to the Arab countries. According to the fund, the need is urgent due to oil’s low prices.
Nasereddin Khazraji, from Alimentos Halal Brazil, talks about the company and the activities of the Islamic Center in Brazil.

