Decrease was caused by smaller contribution of taxes and stimulus packages offered by Brazilian government to companies.
Browsing: Economy
GDP is estimated to grow by 1.6% in 2014. Previous forecast showed an increase of 2%. Smaller growth in agriculture and decline in industry are expected.
Tabita exports to the Emirates and Kuwait. Company manufactures women’s shoes and invests in a mix of design and comfort to increase sales to the Gulf markets.
The Abu Dhabi-based airline is acquiring a 49% stake in the Italian government-owned company. The deal is now pending approval from regulators.
So said the minister in chief to the Secretariat General of the Brazilian Presidency, Gilberto Carvalho, referring to urban mobility projects left unfinished.
Foreign direct investment from the region grew 65% last year, according to the Unctad. Trend should continue.
In the third week of June, Brazilian exports amounted to US$ 4.334 billion while imports stood at US$ 3.749 billion.
Measure was adopted to ensure the domestic supply. Benefit granted by the Foreign Trade Chamber will remain in effect until August 15th and to the limit of one million tonnes.
Expenditure on international travel amounted to US$ 2.266 billion in May, the highest sum ever for the month. Brazil is running a US$ 40 billion current account deficit year-to-date.
The indicator for the city of São Paulo reached its lowest level ever in May, at 113.6 points, according to retail federation FecomercioSP, down 5.1% from April.
Watch in this episode: The new building of the HCor Hospital named after Doctor Adib Jatene; Ambassador Paulo Cordeiro is the Arab Chamber Personality 2014; the Apas supermarket exhibition; and the city of Fortaleza.
Dollar inflows have exceeded outflows by US$ 540 million month-to-date through June 13th in Brazil, as per information from the Brazilian Central Bank.
European manufacturer should launch new plane later this year and is testing it for hot weather in the United Arab Emirates.
Airline from Abu Dhabi transported 93,600 tonnes of goods in the last two months, joining the top-ten rank of largest air cargo operators in the world.
