According to the Brazilian Central Bank, loans stood under last year’s expected target of 12%. For 2015, the estimation stayed the same.
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The president, vice-president and other directors were reappointed for a two-year second term in a session of the organization’s Management Council held this Monday.
In 2014, 2.1 million oil barrels were processed per day on average. The volume represents a high of 1.7% over 2013.
In the fourth week of January, imports exceeded exports again in Brazil. Month-to-date, the trade deficit stands at US$ 2.330 billion.
Printing, from Minas Gerais, sells its pieces to five Middle East nations. Together, they purchase 90% of the brand’s exports. Saudi Arabia is the main destination of the shipments.
A Brazilian Central Bank poll of financial institutions indicates that prices should be up 6.99% this year. Estimates for the economy have worsened.
The net result from Brazil’s transactions with other countries was negative by US$ 91 billion last year. International travel spending was also an all-time high.
Preview of the January index from Fundação Getúlio Vargas (FGV) points to an 1.2% over December. Result differs from survey done by National Confederation of Industry.
The goal was announced by president Abdel Fattah Al-Sisi at the World Economic Forum. The country’s GDP should be up 3.8% in 2015, according to the IMF.
With the drop in the commodity’s price, the government is considering producing more to compensate the loss of exports revenue.
Finance Minister Joaquim Levy said that policies implemented by the Brazilian government will bring back investors’ trust. The economic package raised taxes.
A poll conducted by Brazil’s National Confederation of Industry (CNI) shows that the rate of entrepreneurs who intend to make investments this year is lower than in 2014.
Watch in this episode: Arab ambassadors visit the State of Ceará; the Brazilian retail market; and the legendary Maracanã stadium, in Rio.
Werner Calçados is in talks for sales of sandals and women’s shoes to a chain store with 110 shops in the Middle East. The Rio Grande do Sul-based company exports to the Arab market for more than ten years already.
