The Brazilian president has commented on the state-owned oil company’s credit rating cut by Moody’s. She believes the company will recover ‘without any major repercussions.’
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Research center called FamilyD brings information about Lebanon’s history, culture and current issues, besides the archive with data about the family immigration to Brazil.
Despite the dollar being appreciated over the real, Brazilians spent US$ 2.2 billion in international trips in January, an increase of 4% over December and over the same month of last year.
Brazil’s foreign sales revenues dropped last week and to date in February. The trade balance stands negative in the week, month and year.
An index that measures how much is produced per hour of work has increased in the country over a ten-year period, but is lower than those of the 11 other countries surveyed.
The Focus Bulletin, a poll of financial institutions conducted by the Brazilian Central Bank, shows the GDP is expected to shrink and inflation is expected to go up.
Representatives of the organization went on a tour through the Middle East to introduce the new system, which will be implemented this year.
Index from Fundação Getulio Vargas dropped 1.6% in January and now has declined three consecutive times.
In 2014, the company produced 319.2 million tons, up 6.5% over 2013. The Oman plant broke records.
The net result of dollar inflows and outflows in Brazil was negative in US$ 376 million last week.
Survey from UN’s agency for the sector says that the increase of the market value added was low in 2014. Index reflects how much the industry contributes for the GDP of countries.
Sudan, Mauritania, Somalia and Palestine started to buy food and iron ore from the state in January. The goal is to sell higher added-value products to nations from the Middle East and North Africa.
According to Central Bank’s bulletin, analysts expect a 0.42% decline for the Brazilian economy in 2015. Last week’s forecast indicated stability, with no growth.
The volume shipped to countries like Saudi Arabia and the United Arab Emirates has doubled year-on-year in January. However, lower prices have caused earnings to drop.
