Indicator went up 1.2% over August. It was the second straight month of increase. Over September of 2014, however, there was a decline of 8.4%.
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Respondents in a poll believe the Brazilian economy should contract by 3.05% this year. As of last week, their contraction expectation was slightly milder at 3.02%.
The Dubai-based Icflix, arrives in the country to offer online streaming on-demand content to the local and Latin American Arab community. It has more than 12,000 movies and series from India and the Arab world.
Revenues from sales to Arab countries declined last month in Brazil. Sales volumes went down for major export products such as ores and sugar. Year-to-date, volumes were up 19%.
Watch in this episode: Historian Arlene Clemesha, professor at the University of São Paulo (USP), says the world cannot be neatly divided into opposing regions and that Islam is rooted in freethinking.
The Brazilian National Treasury secretary said this should be roughly the federal government’s deficit in 2015.
According to Fundação Getulio Vargas, confidence in the sector improved, from 66 points in September to 67.5 points in October, but it’s still the second lowest of the historical series of the survey.
Decline of revenues is the reason for the country not to reach a surplus of 0.15% of the Gross Domestic Product (GDP) this year.
The embassy of the Arab country will have a stand at the third edition of Feafro, an event designed to promote African exports and culture, set to run from October 29th to 31st.
The Brazilian aircraft maker reported USD 99.8 million in losses in Q3, down from nearly BRL 400 million in net income in Q2.
Dresses by Helo Rocha are now on sale at five countries across the Middle East. Lebanon is the top destination for the brand, which is now looking to break into Saudi Arabia and Qatar.
The CEO of Banco do Brasil said that alongside other banking institutions, the bank will finance bids by hydroelectric plants. The bidding is slated to begin in early November.
Exports overcame imports in USD 102 million last week. Year-to-date, the trade balance has a USD 11.128 billion surplus.
Respondents of a survey conducted by the Brazilian Central Bank among poll Brazilian financial institutions estimate the economy will contract by 3.02% this year. This is the 15th straight downward revision.
