The Brazilian industry is expecting to process 33.2 million tons this year, down from 33.8 million tons in 2014, the organization Instituto Aço Brasil said.
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A state government event on December 2nd will show Brazilian business owners that the immigrant hiring process involves no paperwork whatsoever. The goal is to find work for foreigners.
The buoyant dollar led expenditure by Brazilian citizens abroad to drop year-on-year in October, to USD 1 billion. Year-to-date spending also declined.
Brazil’s current account deficit declined to USD 4.1 billion in October, from USD 9.3 billion in October 2014, the Central Bank reported.
Next Saturday will see the International Embassies Fair at Brasília’s Mané Garrincha National Stadium. Organized by ambassadresses, the event will feature typical foods and products. 20,000 people are expected.
Brazilian National Treasury numbers show the debt declined from BRL 2.73 billion in September to BRL 2.64 billion last month. It was the first month-on-month reduction so far this year.
The Brazilian trade balance’s negative result is from the third week of November. In the period, exports totaled USD 2.79 billion, with imports registering USD 3.19 billion.
A survey by Fundação Getulio Vargas shows that the sector’s confidence went down in November over October, from 76.2 points to 74.3 points.
Ibovespa, the main São Paulo Stock Exchange index, climbed 3.48% in the past four days, with the United States currency dropping 2.7%.
The sum will be needed for projects over the next ten years, according to the Saudi minister of Oil, Ali Al-Naimi.
According to data from the institute of statistics, the unemployment rate reached 7.9% in the month, an increase over both September 2015 and October 2014.
Trade, tourism and investments in the Arab country are influenced by the scenario in neighboring Iraq and Syria. But the cheap oil tends to push inflation down, says the IMF.
The Khalifa Port handled a volume of 1,204,993 containers from January to October of this year, an increase of 36% over the same period of 2014.
Brazilian industry exports to the Arab country went up from January to October this year, but total revenues dropped 12.4%, industry association Abicalçados reported.

