The country’s Public debt dropped in September as against August, from US$ 663 billion to US$ 662 billion due to the redeeming of US$ 4.6 billion in treasury bills.
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The International Monetary Fund issued an economic report estimating a 3.5% expansion this year. The prior forecast was 4.25%. The organization advises on increasing public and private savings.
At a talk at the Arab Brazilian Chamber, professor Arlene Clemesha presented the history of the Arab people and spoke about their contribution to humanity.
Airline Gol flew from São Paulo to Brasília using aviation biofuel produced from vegetable oils, among them maize oil and reused cooking oil.
According to company president Tim Clark, in seven years the airline should have over 250 aircraft and become the main airline in the world in international passenger transport.
From January to September, revenues from foreign sales stood at US$ 17.6 billion in the first nine months this year, down 4.6% from the same period in 2012. Oman ranked tenth in the list of importing countries.
According to the president at Embratur, airlines from abroad may fly domestic routes if national companies are not capable of supplying the passenger demand to all cities hosting the event.
The index measured by Getúlio Vargas Foundation dropped in the first study in October, as against September. If confirmed, this will be the fifth drop back to back.
The country posted average daily export revenues of US$ 800.5 million in the third week of October. The export volume was down 34.1% from the second week of the month.
A consortium formed by Shell, Total, CNPC, CNOOC and Petrobras has won the first round of tenders for exploration of the Brazilian pre-salt layer of oil.
The growth in investment in Brazil should take place from 2014 to 2017, in comparison with the previous four years period, according to a Brazilian Development Bank (BNDES) research.
The National Bank of Abu Dhabi has been authorised to operate in the country since early this month and plans to finance Brazilian company projects in Africa, the Middle East and Asia.
Shipments from Brazil to the Middle East and North Africa grew in September over the same month last year and totalled 4.3 million tonnes. Sales of ores boosted the figures.
A study conducted by auditing firm KPMG shows that Gulf country is better prepared to face changes than other Arab countries and Brazil. The ranking comprises 90 countries and is topped by Singapore.
