The country has responded to the challenges at an international level in a classical and sturdy way, according to information released by the Central Bank (BC, in the Portuguese acronym) in reply to the lowering of Brazil’s ratings by S&P.
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After showing a surplus in the first fortnight in March, Brazilian trade balance was again negative last week. Deficit was US$ 461 million.
Although the result in February 2014 was the best ever for the month, consumption was down 1.5% in the first two months this year from the same period last year, according to the Central Bank.
“Mercado Persa” will take place between April 11 and 13 at the WTC São Paulo Events Center, in São Paulo’s capital. The festival will have concerts, dance competitions, lectures, workshops, fair and parade.
The minister of Finance said the country plans on granting control over 60 enterprises to the private initiative, including the airline and the telecommunications company.
According to research by the National Confederation of Industry (CNI, in the Portuguese acronym), entrepreneurs’ confidence in the Brazilian economy and in their own companies is on a downward trend.
Report by the Brazilian Central Bank claims that Brazil’s financial institutions are capable of resisting the impact of a drop in real estate prices.
Search for domestic flights in Brazil increased by 11.2% in February over the same month last year, with six million passengers, according to survey of the four biggest companies in the sector.
The Arab Brazilian Chamber president featured in the Conversations on Foreign Policy debate series, organized by the Ministry of External Relations in Brasília.
The company posted higher earnings in 2013 than in 2012. Last year, container throughput exceeded 26 million.
The country ranks 65th among 160 countries in a World Bank survey. In the prior edition of the index, released in 2012, the country placed 45th.
The Brazilian shipbuilding company Ventura sold four leisure boats to the emirate in late 2013. The boats arrived at their destination last month, and the company is looking to do more business with the Arab market.
According to Jordan’s Ministry of Industry, Trade and Supply, the measure will grant broader access to Jordanian products in the neighboring country.
During a lecture at the Arab Brazilian Chamber, the economist José Roberto Mendonça de Barros said Brazil will have a difficult year, but the quest for more foreign markets should prove helpful.
