The 2015 economic shrinkage projection from Brazilian financial institutions has gotten worse. As of last week, a 2.7% decline was expected, based a Central Bank poll.
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Marcelia Bou Chebel owns Arpoador, a store in the city of Mazaraat Yachouh that sells bikinis and swimsuits designed by Marcelia herself, which have become a hit among young Arab women looking for colorful attire.
TV Brasil’s Ver TV program presents this Friday analyses and interviews about coverage of the issue by major news outlets. Academics and journalists were invited for the debate.
The measure aims to hold back the price of the North American currency, which reached R$ 4.24 on Thursday. It closed the day at R$ 3.99.
The institution reported this Thursday (24th) that it expects Brazil’s Gross Domestic Product to shrink 2.7% in 2015. The previous estimate was 1.1%.
Syria’s Talal Altinawi has raised US$ 17,200 on a crowdfunding website. Now, he will decide whether he will open a restaurant, a food truck or a takeaway store.
According to the Finance minister, Joaquim Levy, the current appreciation of the North American currency is a global trend and a problem not only to Brazil.
The Brazilian Central Bank has maintained its growth projection for credit operations in the country. As of August, consumers and corporations had R$ 3.13 trillion (US$ 780.2 billion) in loans taken out.
This Wednesday, businesswoman Julia de Biase opened Al Zahra, store dedicated exclusively to selling fragrances from the Middle East. Perfumes might cost as much as R$ 4,000 (US$ 964).
Funding deficit and Israel’s blockade are some of the reasons that impact the development of the occupied territories.
The estimate for 2015 has been revised from US$ 81 billion to US$ 65 billion. The institution says foreign direct investment will be enough to finance the negative result in international transactions.
The Brazilian state-owned oil company reported that negotiations with Mitsui are in their final stages concerning the latter’s acquisition of a stake in the former’s gas industry subsidiary.
S’ollér Brasil exports its products to nine countries in the Middle East and North Africa. The São Paulo-based company keeps a representative in Saudi Arabia and also its own store in Bahrain.
Foreign trade registered a positive balance year-to-date until last week. Analyzed individually, there was also a surplus in the month and last week, despite the fall of exports.
