Projection was made by financial institutions polled by Central Bank. Last week Brazilian GDP was estimated to grow by 0.48%.
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Tanger Med 1 has climbed from 72nd to 55th among the world’s largest maritime facilities, according to the British magazine Container Management. Cargo throughput was up 40%.
A survey conducted by the Brazilian Central Bank shows growth from June of this year and July of last year.
Lecturers at the Mining and Food Security Forum in Khartoum discussed opportunities for agribusiness in the country to evolve.
A survey by FGV shows 30% of industrial companies in Brazil expect to invest more in the next 12 months than in the past 12 months. The rate has remained flat, but more companies plan on investing less.
The Arab Chamber CEO Michel Alaby is attending the Mining and Food Security Forum in Khartoum. The Arab country wants foreign cooperation and investment to food and mineral production.
In its Trade and Development Report, the UN agency also recommends more autonomy to countries in adopting commercial and industrial policies to ensure sustainable growth.
US dollar outflows from Brazil exceeded inflows in the first week of September, according to the Central Bank. Year-to-date through September 5th, foreign exchange flows are negative by US$ 2.6 billion.
Default grew by 17.2% from the same period in August 2013, but decreased slightly from July, according to data from the consulting firm Serasa Experian.
The agency Moody’s changed the outlook on Brazil’s government bonds rating from stable to negative, reflecting the rising risk of low growth and worsening debt indicators.
Last week, exports amounted to US$ 4.336 billion and imports, to US$ 5.017 billion, resulting in a US$ 771 million deficit.
Financial institutions polled by the Central Bank revised down Brazilian economy growth projection for the year, from 0.52% to 0.48%
Brazilian women’s clothes brand designed its next collection based on images of handicraft from the Arab country. One of the main features of Brazoo’s products is manual embroidery.
Historian Arlene Clemesha will expound on the Middle East’s history from the Ottoman rule until our days, on September 16th at the Arab Chamber. Registrations are open but slots are limited.
