A poll of financial institutions by the Brazilian Central Bank shows that the Gross Domestic Product is expected to shrink 3.4% this year.
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Arab public and private sector leaderships will convene to discuss current problems and financial perspectives for the region on April 13 and 14.
An exhibition targeting small businesses in São Paulo will feature spaces for business and training. The Arab countries will be one of the topics on the agenda.
The Brazilian Ministry of Planning announced a USD 5.8 billion cut in an attempt at securing a primary surplus worth 0.5% of GDP at the end of the year.
Revenues from exports to the top two Arab buyers of Brazilian shoes increased in January from January 2015, industry association Abicalçados reported.
Such is the deficit Brazilian financial institutions believe the federal government will have posted by the end of 2016. The January forecast had been for a USD 17 billion deficit.
The company produced 333.4 million tons of iron ore last year, up 14.2 million tons from the preceding year.
Brazilian Central Bank index shows that in 2015 the economy slowed down to its poorest performance since 2003. The result is considered as a preliminary GDP result.
The Organisation for Economic Co-operation and Development forecasts modest recovery in developed countries and sluggish economies in emerging ones. Brazil should see 4% recession.
The event ‘Women for Success’ opened this Thursday (18) and will run until next Monday (22). The agenda includes leadership, balancing career and personal life and entrepreneurship.
The Beirut-based Brazilian journalist Lú Braga’s blog will feature ‘Papo de cozinha,’ a show featuring international recipes, Brazilian-style, including a space for advertisements.
Standard & Poor’s believes political and economic challenges persist, and that the country will take longer than previously expected to adjust its economy.
Brazil’s Development Ministry and National Federation of Industry have entered into a cooperation deal to work in tandem to attract productive investments into the country.
Brazil’s National Petroleum, Natural Gas and Biofuels Agency said importation slid 74.5% in January 2016 from January 2015.

