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.
Browsing: Economy
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.
Sales from the state declined by 18.1% to US$ 3.1 billion. Agribusiness exports also dropped, by 13.2% to US$ 1.3 billion.
Brazil’s National Association of Private Hospitals has been invited for the World Innovation Summit for Health, slated for February 17th and 18th in Doha.
The party is set to happen next Friday (20th) at the Brazilian Cultural Centre’s office in Lebanon, with percussion bands and a costume contest.
The data is from the IMF, which says the country has benefited from macroeconomic stability. The GDP growth forecast for 2015 is 5.5%.
US dollar inflows to the country were higher than outflows by US$ 4.726 billion from January until the first week of February.
Watch in this episode: a lecture by international policy specialist Demétrio Magnoli; the ‘Investing in Egypt, Investing in the Future’ conference, in Cairo; and the Copacabana Beach, in Rio.
Joblessness in Brazil ended the year at 6.8% over 7.1% in 2013, according to research done by the Brazilian Institute of Geography and Statistics.
Luciana Galeão, from Bahia, creates women’s clothes with mosaic-like features. The great-granddaughter of a Syrian, she has sold to Kuwait and Saudi Arabia and would like to resume selling to Arabs.
The Fund states that cheap oil can help countries to reorganize their economies and promote growth, but warns of the challenges posed by the risk of deflation in Europe and Japan and the depreciation of emerging countries’ currencies.
Aldemir Bendine has been approved by the Board of Directors of the Brazilian state-owned oil company Petrobras. He will replace former chief executive Graça Foster.
Brazil’s official inflation index was up 1.24% in January, the highest increment since February 2003 according to the Brazilian Institute of Geography and Statistics (IBGE).
