Average daily foreign sales from Brazil increased 0.2% from a year ago and 3.8% from September 2015.
Browsing: Economy
The loan’s term is ten years and, according to the company, represents an advance of 2016 funding operations.
Financial institutions believe the country’s economy will shrink 2.97% this year. Last week, estimation pointed to a 2.85% drop.
The International Monetary Fund suggests improvements in the business environment, increased investment in education and changes in the labor market.
So says the World Bank, whose estimates are US$ 170 billion for Syria and US$ 100 billion for Libya. The institution has announced a new strategy for the Arab World.
Round of bids for 266 oil exploration blocks closes with 37 blocks sold to companies in seven countries.
Poultry processing company, owner of the Sadia brand, signs memorandum of understanding to acquire part of a frozen food distributor in the Gulf country.
According to the Brazilian Institute of Geography and Statistics (IBGE), the only Brazilian states in which industrial production increased were Ceará, Santa Catarina, Minas Gerais and Rio de Janeiro.
In its Trade and Development 2015 report, the UN agency suggests a long term agenda with the creation of a world central bank and an international currency to replace the dollar.
Production reached 174,000 units in the month, down 19.5% from August this year and 42% from September last year.
The Fund says that the Brazilian economy will shrink even more in 2015. For the organization, the political crisis has an impact in the confidence of business and consumers.
Brazil’s Gross Domestic Product should fall 2.85% this year, according to banks’ estimation, the 12th straight time it shows worse data. Estimation is higher than last week’s, which stood at 2.8%.
The United States-based restaurant that serves Brazilian cuisine inaugurated its first franchise in the emirate. Located in the Mall of Emirates, the diner is the chain’s first one in an Arab country.
The event of the federal-owned storage and supply company in the city of São Paulo will have music and dance presentations and will serve typical dishes from several countries. Belly dancing is one of the attractions.
