Browsing: Economy

Revenues from sales to Arab countries reached USD 1.01 billion last month. The decline was primarily a consequence of lower ore and sugar prices, the Foreign Trade Association president said.

Brazilian companies should travel to Algeria and Egypt in the first quarter of 2016. The postponement is due to schedule conflicts between the Brazilian minister Armando Monteiro and the companies.

Sabbagh founded the Arab Studies Department at Rio de Janeiro Federal University and was monsignor of the Melquita Greek-Catholic Church in Rio de Janeiro. He died on Sunday, at 95 years old, due to pneumonia.

Forecast was made by financial institutions surveyed by the Central Bank and was the 17th consecutive result pointing to a worsening of the indicator. The forecast for inflation also went up.

Last month in Brazil, withdrawals from savings accounts exceeded deposits by BRL 3.264 billion, the worst result for October since records started being kept, in 1995.