The brand Pont du Kaftan participated in a parade organized by project Fashion Inclusive Brazil in Rio de Janeiro. The initiative will select clothes by the brand to be sold online.
Browsing: Economy
Federal, state and local governments and state-owned companies posted deficits in their accounts in May. But the negative results of the same month of last year were higher.
The International Monetary Fund says the North African country is recovering from the secession from South Sudan, but conflicts in the neighboring country threaten oil revenues.
In the first five months of this year, the volume of wood panels shipped abroad from Brazil also increased, but foreign sales of paper remained flat, according to the industry association.
The company lowered the estimation of investments for the 2015-2019 period by 37%. The cuts mean US$ 90.3 billion less than the estimated figure of the last business plan.
Construction Confidence Index increased 0.1% in June after a decline in May. Businessmen from the sector estimate improved economic situation in six months.
In 2014, the value of foreign sales of oil by member countries stood below US$ 1 trillion for the first time in four years.
Executives attending a lecture on the new system developed by the Arab Chamber believe export processing times and costs will be reduced.
A report from Unctad shows a worldwide decline due to a fraught global economic scenario. Developing countries saw stronger inflows than wealthy ones.
The Brazilian federal government announced a program designed to spur foreign trade this Wednesday and chose 32 priority countries, including the UAE, Saudi Arabia, Egypt, and Algeria.
The increase took place in Q1, according to the World Trade Organization. Exports went up 0.4% while imports increased 0.9%.
The Brazilian Central Bank’s Economic Policy director said the raising of the benchmark interest rate to 13.75% did not suffice to steer the price index toward the target’s 4.5% midpoint in 2016.
Applied Economics Research Institute points out that the government’s fiscal adjustments are taking their toll, as unemployment and inflation climb, but the benefits will only come in the medium-to-long run.
The four Phenom 100 jets will be used for pilot training at the airline’s school in Abu Dhabi. Another three purchase options of the same model could be exercised.
