The event is scheduled for next Thursday (22nd) at the House of Representatives, in Brasília. The aim is to discuss ways of getting the immigrants into the labor market.
Browsing: Economy
The United States currency closed at a 15-day high this Tuesday (20th). The day was marked by instability on the financial market.
As per the Eclac’s forecast for 2015, the primary reasons for the slump in foreign sales from Latin America and the Caribbean are plummeting raw material prices and weaker international demand.
The auction is taking place in February of next year and concerns contracts with delivery due in 2021. Overall, 1,055 power generation projects have been registered.
A project is investing in Pirarucu fish farming in captivity in North Brazil and improving quality in a bid to increase domestic and foreign sales. The Pirarucu is a prime fish.
Brazilian imports overcame exports in USD 250 million. Year-to-date, there’s a surplus of USD 11 billion.
Projections by financial institutions polled by the Brazilian Central Bank indicate that benchmark rate Selic will not be raised at Monetary Policy Committee meeting this week or in November. The rate is now 14.25%.
For Otaviano Canuto, IMF’s director, labor shortage in some areas could be solved by immigrants.
The sector was one of the least impacted by cuts in financing from the Brazilian Development Bank (BNDES) and should see a 5% increase in loans this year.
The Brazilian minister of Development said the balance of trade should register a USD 15 billion surplus by the end of 2015, and expects a surplus of double that amount next year.
In a statement this Wednesday (14th), CEO Aldemir Bendine expressed optimism regarding the future of Petrobras. He will improve governance in a bid to restore the image of the state-run oil company.
From January to September, exports from Brazil to the United Arab Emirates were up 17.5%, whereas overall, foreign sales dropped 12%. Exports to Saudi Arabia, the region’s leading buyer, dropped 2.2%.
Runway and signs at the São Paulo International Airport underwent modifications to welcome the world’s largest passenger aircraft. The Aviation Authority is reviewing papers and Emirates is preparing a demo flight.
Watch in this episode: Islamic finance creates more business opportunities.
