The airline from Abu Dhabi should inaugurate a daily flight to São Paulo in June 2013, but states that it plans to expand operations to other destinations in the region.
Browsing: Economy
Treasury Direct bond sales reached R$ 372.2 million in August, an increase over July sales according to Finance Ministry figures.
Those participating in the Arab European Economic Forum, in Lebanon, have concluded that fostering institutions will be essential for the growth of nations. New governments will need help.
This Thursday (13th), the European Union made a proposal to the Egyptian president Mohamed Morsi, who is currently on a visit to the continent. Up to 700 million euros may be loaned.
The bureau has revised its estimate of expansion for the Brazilian economy in 2012 downward. The government was formerly working with a 3% rate.
The economy of the Arab country should grow next year, boosted mainly by domestic consumption, which should climb by 5.3%, against 3.1% estimated for 2012.
According to a report issued by the UN agency, austerity does not necessarily lead to growth, and income inequality affects economic development.
The number of openings in the Brazilian industry has increased by 0.2% in July from June. Total wages paid, however, were down 1%.
Exports reached US$ 4.4 billion in the first week of the month. The daily average was US$ 1.1 billion, up 14.2% from August of this year.
The São Paulo-based company Pnyx exports gym wear to approximately 15 countries. The foreign market accounts for as much as 40% of sales, and the enterprise plans on expanding even further overseas.
Analysts have revised their 2012 Brazilian economic growth estimate yet again. The preceding projection was 1.64%.
Among the 100 products to have greater import tax for entry into Brazil, 24 are in the trade basket with the Arabs. Glass plates and polyethylene are the main ones.
The Arab country imported 139,000 pairs from the Brazilian city in the first half of this year. Sales there grew 19% in the period, while exports as a whole dropped 18%.
The institution disbursed US$ 33.2 billion from January to July. In July, however, financings were up 5.6% from July 2011.
