The place will receive EUR 758 million in investments and should start operations in 2019. Traffic capacity will be of 4.2 million TEUs. Agreement was signed this Wednesday (30).
Browsing: Economy
For the first time this year, the Brazilian Central Bank estimates that the 2016 inflation rate will exceed the upper threshold of 6.5%.
Deficit in the Union, states and counties accounts reached BRL 23 billion (USD 6.36 billion) in February, worst result for the month in the historical series.
The Fund’s mission met with representatives of the Iraqi government. Conflicts and oil’s low prices drove the country’s GDP down 2.1% in 2015, but the organization sees improvement in fiscal policies.
The company will invest BRL 50 billion (USD 13.61) in five years in the Brazilian power sector and a fifth of this amount will be used this year already.
President Dilma Rousseff signed the ratification of the World Trade Organization trade facilitation agreement in Brasília. The treaty aims to cut red tape and eliminate administrative hurdles.
Fair will take place on weekends starting April at Rua Oriente, with tents of food, handicrafts, clothing and other typical Arab products. The initiative comes from the National Union of Islamic Entities.
The surplus is the result of USD 3.6 billion in exports and USD 2.3 billion in imports. Shipments of basic goods, semi-finished and finished products all increased.
The auto sector should resume growth in this year’s Q4, according to estimation by Luiz Moan Yabiku Júnior, president of automaker’s national association.
Financial institutions believe in a 3.66% slide for the Brazilian economy this year. Last week’s forecast called for 3.60% shrinkage. The 2017 numbers also declined.
The Qatar’s capital will hold an exhibition and conference on maritime security starting next Tuesday. Around 9,000 visitors from 60 countries are expected to attend.
The new field is located in the western part of the Gulf country. The state-run company is making tests and believes in high economic viability.
The region accounted for 6% of purchases of the company’s products abroad in 2014 and declined to 3% last year. Lower oil prices affected the performance in international markets.
The dollar appreciation and lower income affected the decline in spending in international travelling last month over the same period of 2015, according to data from the Brazilian Central Bank.
