Via the IFC, the institution is lending USD 7 million to the Lebanese Leasing Company for renewable and energy-efficient projects. The Arab country is dealing with power shortages.
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The index from think tank Fundação Getulio Vargas climbed from 44 to 47 points between October 2015 and January 2016. The increase was driven by future expectations.
B Moda, owned by Bia Adem, carries skirts, dresses, jackets, trousers, shirts and even furs. The items, purchased by the store owner herself in countries like Turkey and Norway, are for women of all ages.
Institutions polled by the Brazilian Central Bank forecast that the official price index should be 7.56% this year and see the GDP shrinking 3.21%.
Out of the 15 places surveyed by institute, in 12 the industrial production declined last year. The steepest drops occurred in the states of Amazonas, Rio Grande do Sul and São Paulo.
Managing director of the International Monetary Fund, Christine Lagarde said that the commodity’s low price allows governments of developing countries to end subsidies.
Foreign sales grew in January from a year ago. During the month, 22,300 units were shipped abroad.
US dollars inflows exceed outflow in USD 1.475 billion in Brazil in the first month of the year due, especially, to exports.
The Brazilian Institute of Geography and Statistics (IBGE) said it was the sharpest downturn since record-taking began, in 2003.
On March 08 and 09, an event will bring together executives and government officials in Kuwait City. The goal is economic diversification.
The country posted a USD 923 million surplus in the first month of the year. Exports fetched USD 11.246 billion and imports amounted to USD 10.323 billion. Sales to the Middle East slowed down.
Financial institutions believe the rate will mark 7.26% this year and 5.8% in 2017, according to Focus bulletin by the Brazilian Central Bank.
The International Monetary Fund said the oil glut has affected the country’s economy and suggests cost containment measures including tax raises and wage freezes.
International Monetary Fund technicians have completed their third review of the country’s economy and the precautionary and liquidity line, which serves as a buffer against the crisis, remains in place.
