Brazil shed 62,844 jobs last month. Despite being the 13th straight monthly decline, it was the smallest one.
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The German automaker has chosen Brazil to supply medium-sized trucks to Arab countries as part of its global strategy. Sales to the region began in late 2015 and are expected to amount to at least 1,000 units a year.
Brazil registered a surplus of USD 412 million in current accounts in April. Trade balance had a strong impact in the result.
Travelers spent USD 1 billion in other countries in April, way below the USD 1.6 billion spent in the same month of last year.
In Lebanon’s capital, the delivery Cozinha Dona da Casa prepares and delivers typical Brazilian dishes, snacks, desserts and beverages. Led by Michel Hattouni, the company serves from meals to diplomatic cocktails.
Ibovespa dropped 0.79% this Monday. Meanwhile, the dollar climbed 1.87% and closed the day sold at BRL 3.584.
The forecast of Brazilian financial institutions for the index that tracks price fluctuations changed from 7% last week to 7.04% this week.
Funds from the European Investment Bank will also be allocated to North Africa, Turkey and the Western Balkans.
The money, set to be released in stages, will be used on the implementation of reforms in the economy.
The IMF staff stated that both countries should make efforts to attract foreign direct investments.
The total amount of automobiles, light commercial vehicles, trucks and buses in the country reached 42.6 million last year.
The program sells public debt bonds to natural persons. Its investment portfolio was up 4% compared with March.
Brazilian sales totaled USD 774 million, a decline of 2.4% over the same month of 2015. Imports, however, increased 4.8% and reached USD 497 million.
Gross Domestic Product increased in Jan-Mar from the comparable year-ago period. In Q1 from Q4 2014, GDP was up 0.4%.
