US dollars inflows to Brazil exceeded the outflow in close to USD 9.5 billion last year. The performance was influenced by the trade surplus.
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Jordanians living abroad had wired nearly USD 3.5 billion to their country by the end of October 2015, according to the local central bank.
Hamad Buamin, Dubai Chamber’s president, will take the post of vice-president of the World Chambers Federation.
In 2015, Brazil posted a USD 19.681 billion surplus, the highest number since 2011. However, both export and import figures fell short of 2014 levels. The Middle East’s imports dropped the least.
Although the main exporters of the commodity have large financial reserves, lower revenues with the product will impact this year’s budget. North Africa needs to overcome conflicts.
Journalist Talita Ribeiro visited refugee camps in Jordan, Iraq and Turkey and turned to crowdfunding to publish a book and to collect money for groups that aid victims of the conflict.
Slated for May 2016 in Oran, the International Exhibition on Oil, Gas and Petrochemistry will feature industry discussions, as well as products and services in exhibition. Seven thousand visitors are expected.
So says the National Commercial Bank, which forecasts 2.3% Gross Domestic Product (GDP) growth in 2016, the lowest rate in seven years.
As of January, an indexer with a smaller variation will be used in calculating states and municipalities’ outstanding debt with the federal government.’
November result in Brazil is the worst for the month since records started being kept in December 2001. The number encompasses the federal, state and municipal governments and state-run companies.
IMF points out that the Arab country is making investments in infrastructure, however the debt is increasing and the banking sector is weakened.
The General Market Price Index (IGP-M), used as basis for rent adjustment, declined from 1.52% in November to 0.49% in December. In the year, in a comparison to 2014, it went up.
The Brazilian trade balance showed a USD 2.024 billion surplus in the fourth week of December, driving year-to-date surplus to USD 18.6 billion.
Brazil’s Social Security, Central Bank and National Treasury accounts registered a deficit of BRL 21.278 billion (USD 5.51 billion), the worst result since 1997.
