According to the Brazilian Tourism Institute president, high hotel rates and expensive air tickets detract from domestic tourism and favours the choice for foreign destinations.
Browsing: Economy
Brazil’s outflow of dollars exceeded the inflow in December. The Central Bank adopted measures to increase liquidity of foreign currency in the country.
Assessment was given by the IMF. According to the Fund, the country has made ‘substantial progress’ in the past decade, but must reduce unemployment and improve the business climate even further.
In the second week of December, the deficit seen in the first few days of the month was reversed. Performance, however, was poorer than during the same period in 2011.
It is the first jet made by the American aircraft maker bought by Iraq in 30 years and should become part of the fleet of the local airline.
A Confederation of Industries research shows a confidence index of 57.4 points, one point below that recorded in November.
Foreign sales revenues of the Brazilian footwear industry declined by 15.8% in November following an increase in October. Volume shipped remained stable.
The meeting should take place in Oman, from December 16th to 18th and should cover economic development and possible solutions to challenges faced by businesswomen in the region.
The European Investment Bank will provide 440 million euros for Moroccans to build roads, improve the electric power system, and expand the sanitation network.
The figure is an all-time high and runs counter to the international crisis. Europe was the continent which both issued and received the most tourists this year.
The indicator measured by the Brazilian Central Bank was up 0.36% in October from September, and up 4.96% from October last year.
According to Embratur, the country should end the year with a record number of foreign visitors. The inflow of funds and the number of international events should also exceed previous years.
Oil and oil products caused imports of products from the region to reach almost US$ 1 billion in November, but the country still maintains a surplus.
Abd Al-Rahman Alyan, the Kuwait Times editor-in-chief, and Javaid Ahmad, a professional with the same newspaper, were received by the Arab Brazilian Chamber CEO Michel Alaby.
