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.
Browsing: Economy
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.
The February’s result as measured by the Brazilian Institute of Geography and Statistics points to an increase of 2.4 percentage points over the same month in 2015.
It’s the highest number of formal jobs with signed contracts lost in a month since 1992.
A survey by ECLAC shows that more than 2.75 million Brazilians rose above the poverty and extreme poverty lines in 2014.
Alexandre Tombini, president of the Brazilian Central Bank (BC), spoke in the Senate that the BC will not shy away from measures to keep the inflation rate at the target’s center, which is 4.5%, next year.
Despite the surplus from the third week of March, Brazilian exports declined and imports increased in comparison to the month’s first two weeks.
Although the data from the sector is still signaling low activity, survey shows that business owners’ negative forecasts have been decreasing.
Analysts from the financial market revised their forecast for the fall of the Gross Domestic Product this year and it went from 3.54% to 3.60%, according to survey released by the Brazilian Central Bank.
Saudi Arabia went from 17th in January to 7th place in the first two months in the ranking of the largest importers of footwear produced in Brazil, according to data from the manufacturers’ association. Exports went up 29%.
In a lecture, Nelson Barbosa, Finance minister, also said that politics needs to help the economy and vice versa.
The country’s external sales totaled USD 169 million, an increase of 2.3% over the same month of last year.
