According to the IMF, 19% of the population of the West Bank and 30% of the residents of Gaza Strip have no jobs. The cash flow for wage payment is compromised.
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Foreign sales from Brazil reached US$ 5.62 billion, at a daily average of US$ 1.124 billion, up 1.2% from the first week of September.
Culture, trade and sports are among the themes of event ‘O Brasil Árabe’, from September 26th to 30th, in the city of São Paulo. Talks, shows and exhibitions cover the Arab contribution to Brazil.
Financial market forecasts a lower rate of increase for the Brazilian economy in 2012. The projection was revised downwards for the seventh consecutive week. The previous rate was 1.62%.
Sales to the region were US$ 9.3 billion in the accumulated result for this year up to August, as against US$ 9.6 billion in the same months in 2011. Sugar and iron ore boosted the performance.
Santa Vitória do Palmar should have one of the main complexes in the area in Latin America. The service order has been signed.
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.
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%.
