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.
Browsing: Economy
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.
The Brazilian economy slowed down month-on-month from June. In June from May, activity had declined by 0.73%, as per a Central Bank index that tracks the evolution of the economy.
As per Federal Revenue Service data, US$ 25.3 billion were collected in August, the lowest level for the month in five years.
Index from the National Confederation of Industry hit 35.7 points, the lowest score since records started being kept in 1999.
The International Logistics workshop is set for September 30th in São Paulo. Representatives of the Emirates SkyCargo and MSC Brasil will speak about the main topics and services for the transportation of goods abroad.
Foreign investors were responsible for 61% of stock purchases in the emirate this week and for 54% of sales.
