Brazilian exports totaled USD 2.99 billion in the first week of November, with imports at USD 2.85 billion, generating a surplus of USD 144 million. Purchases dropped more than sales.
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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.
The philosopher Luiz Felipe Pondé talks about Existential Marketing for a Narcissism Culture on November 11 at the Arab Chamber. The lecture will discuss the relationship between human desires and isolation.
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.
This amount comes from deals closed by Brazilian candy companies that attended Sweets & Snacks Middle East in October. Estimations regarding future deals reach USD 10.5 million.
Foreign sales of light vehicles, trucks and buses made in Brazil grew in volume from January to October, but dropped in value, according to industry association Anfavea.
However, the International Monetary Fund claims the country has yet to reduce its deficit, and warns of spillover from weak performance in Europe, a major trading partner.
The Arab fashion designer Sophia Psaroulla created the collection inspired by Brazilian women. The line is named after the Brazilian Lú Braga. The pieces will be shown in a charity fashion show on Saturday (7th) in Beirut.
A Brazilian Central Bank survey shows a 1.5% drop in North Brazil from June to August. The outlook is better in the Midwest and South as a result of exportation.
The estimate is from the manufacturer Boeing, which expects air traffic and demand to grow over the next 20 years.
The Brazilian aircraft manufacturer has sold five of its Phenom 100E units to the Dubai-based airline’s pilot academy. The order also includes an option for five additional units.
US dollar outflows from foreign exchange operations in Brazil exceeded inflows by USD 3.5 billion. Year-to-date, the result is positive by USD 7.665 billion.
Surplus in the month stood at USD 1.996 billion. However, both exports and imports were weaker than a year ago.
