Watch in this episode: The Lebanese Minister of Foreign Affairs visits Brazil, the Saudi Cultural Days in São Paulo, and the Big 5 show, in Dubai.
Browsing: Economy
US dollar inflows exceeded outflows by US$ 665 million in Brazil from October 1st to 17th. Year-to-date, foreign exchange flows are running a US$ 678 million surplus.
Passenger influx at the airport in São Paulo was up 8% in September from September 2013. Landings and takeoffs also increased.
The Moroccan airline’s CEO claims the company grew in 2013 as a result of restructuring, but remarks the competition is fierce.
Brazil’s Embraer has announced the launch of the KC-390 project, a joint initiative with the Brazilian Air Force. Four countries have expressed intentions of purchase.
The government and the local state-owned oil company have signed an agreement to drill for oil and gas near the Libyan border.
In the third week of October in Brazil, exports declined by 7.3% from the average in the first two weeks of October. Imports increased and the balance of trade recorded a US$ 724 million deficit.
Demand increased by 6.6% from August and 19.1% from September of last year, according to a survey conducted by Serasa Experian.
The Brazilian Central Bank’s Focus Bulletin contains a growth estimate of 0.27% for the country’s economy this year; last week, the forecast was 0.28%.
A partnership between the Brazilian Ministry of Agrarian Development and the Motor Vehicle Manufacturers Association provides subsidies on equipment purchases for family farmers.
A partnership between the Brazilian Ministry of Agrarian Development and the Motor Vehicle Manufacturers Association provides subsidies on equipment purchases for family farmers.
The country expects to spur its economy back to growth by reducing debt and increasing revenues and investment, in partnership with the private sector.
The commodity’s prices are dropping due to heightened supply and weak demand. Costs will tend not to increase in months to come and should prompt enterprises to reformulate their plans.
A survey conducted by the National Confederation of Transports shows that the length of highways considered good or great in Brazil increased by 1.7%.
