The UN agency says that the country begun to attract larger and more diversified resources after adopting broad reforms, creating specialized agencies in the area and keeping economic and political stability.
Browsing: Economy
A survey revealed that utilization of installed capacity in Brazil reached 62% in December, the lowest rate since January 2011.
The Fund increased from 1% to 3.5% the forecast for the decline of the Brazilian GDP in 2016. The president added that the causes of pessimism are political and not economic.
The sum will be spent on infrastructure works at industrial zones in the Upper Egypt provinces Qena and Sohag.
According to the Federal Revenue office of Brazil, tax revenues reached 1.211 trillion in 2015, a decline of 5.62% over 2014.
It was the worst year since 1992, according to information from the Ministry of Labor and Employment.
Architect Vincenzo Visciglia is launching a store carrying decoration items and haute couture pieces in late February. The official launch will be in March and the clientele is the high-income public.
World circulation of foreign direct investments reached USD 1.7 trillion in 2015, an increase of 36% over 2014. Unctad says, however, that only a small fraction of this money went, in fact, to the productive sector.
The main index of the São Paulo Stock Exchange closed down on a day in which the world’s top markets tumbled due to the oil price drop.
The Brazilian executive received offers from the Arab fund for four of his businesses in the marine infrastructure, oil and gas, coal and mining industries.
The indicator for the consumption of households measured by the National Confederation of Commerce increased 1.3% from December to January.
Global economy should expand 3.4% this year and 3.6% in 2017. Brazil could close 2016 with 3.5% shrinkage, with the Middle East growing 3.6%.
The USD 621 million surplus was the result of USD 3.145 billion in exports and USD 2.524 billion in imports. In the first week of January, the country had registered a trade deficit.
Last year, 18 million tons were sold. Exports increased 40% in volume, but revenues edged down 3.3%.
