Expenses of Brazilians on travels abroad totalled US$ 2.01 billion in July, 10% less than in the same month last year. Appreciation of the dollar provides lower stimulus for international travel.
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Three Arab nations that had changes in government bought more food from Brazil in the first seven months of this year. The growth in sales was above the average for the region.
A Forbes ranking of the world’s 100 most influential women includes Shaikha Al-Bahar, CEO of the National Bank of Kuwait, Lubna Al Qasimi, minister of the Emirates and Mayassa Al Thani, from Qatar.
The Brazilian president ranks third for the second time in the Forbes magazine ranking, topped only by Angela Merkel and Hillary Clinton.
Inflow of dollars exceeded the outflow by US$ 165 million. In the month, however, the balance was US$ 1 billion.
The fund should send a technical team to the country in September to evaluate financial assistance, informed the managing diretor of the institution, Christine Lagarde, on visiting Cairo.
USA grain supply issues will likely cause the country’s meat output to decline, opening up market share for meat packer Minerva and for Brazil as a whole, especially in the Middle East.
A research by FGV for the Ministry of Tourism shows that companies in the area had revenues of R$ 51 billion in 2011. In the first half of this year, there was growth of 10%.
The country exported the equivalent of US$ 4.91 billion last week, averaging at US$ 982 million per day, and up 0.2% from the average for the first two weeks of August.
The airline is accepting entries to choose a name for a mascot which will be given away to children on its flights. The winner will receive tickets to Dubai.
According to a survey of the industry by the Brazilian Ministry of Development, Industry and Foreign Trade and covering January to July, the decline in revenues was caused by lower demand and prices.
Level of Family Expectations dropped from 68.5 points to 68.2 points from June to July. The index measures perception of the population regarding the country’s economy.
The advance was 0.75% over May and 0.99% over the same month in 2011. In the second quarter as a whole there was growth of 0.38% over the first three months of the year.
The Kuwait Petroleum Company transport subsidiary plans to acquire eight vessels to renew its fleet.
