A smaller number of consumers sought out credit last month in Brazil than in April 2014 and in March 2015.
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President Dilma Rousseff said that the new stage of the project, set to start in June, will cover highways, ports, railways and airports.
In the second week of May, exports were higher than imports by US$ 676 million. Year-to-date, however, the country is running a deficit.
The Lebanese-born Nersin Chibli opened Café Chibli in the capital of Brazil’s Mato Grosso state. Lebanon-style non-percolated coffee and typical pastries and snacks are a hit with the locals.
A report from the European Bank for Reconstruction and Development mentions a rebound in agriculture, growing exports of high value-added goods and cheap oil and also makes projections for Tunisia, Egypt and Jordan.
Earnings from this year’s Q1 declined 1% over the same period of last year.
The Brazilian mining company has completed an operation with a syndicate of 24 global banks. The sum will be available for withdrawal until 2020, replacing a previous line of credit.
Made of biscuit, the dolls by Daniele Oliveira are a hit among flight attendants from Etihad and Emirates. The first order, of 4 dolls, was already shipped. Now, she is receiving orders of up to 100 pieces.
The institution’s net profit reached US$ 1.9 billion in Q1, an increase of 115% over the same period of last year and of 93% over Q4 2014.
The Brazilian state-run institution disbursed US$ 11 billion in loans in quarter one. A more restrictive operational policy affected the results.
In a lecture at the Arab Chamber on Wednesday, Silvia Ferabolli said integration among nations is the best solution for the region – better than options like partnering with Europe or Israeli supremacy.
Minister of Planning said that the goal will be reached in the next fiscal year, which starts in July.
The Brazilian auto parts manufacturing company shipped 4.1% of its exports to the region in Q1. In the same period in 2014, this percentage stood at 3.7%.
The production in the fields operated by Petrobras at Santos and Campos basins reached a record-breaking 800,000 barrels per day on April 11th.
