Exports to the Middle East and North Africa grew 0.7% as against the same period in 2011. There was, however, reduction as against March this year.
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The Brazil Commodities Index increased by 0.58% in April compared with March, according to the Central Bank. Over a 12-month period, the index dropped by 5.21%.
Stéphane Dias will speak at the 6th edition of ‘Dialogue Under Occupation’ on the importance of understanding and communication to furthering the peace process in in the face of political conflict.
Industrial revenues increased by 0.9% in Brazil in March as against February, but the use of installed capacity dropped by 0.5 percentage point, according to the National Confederation of Industries.
Brazilian industry sold 11% cheaper ore to the Arab market in April this year. The drop took place as against the same month in 2011 and reflects prices of the commodity worldwide.
The Arab Spring caused losses to the Brazilian company’s business in the African country. Plant is expected to produce up to 1,000 units as soon as protests are over and the economy is back to normal.
In a report about perspectives for the region, the International Monetary Fund also recommends that the countries of the Middle East and North Africa invest in human capital.
Automobile manufacturing dropped by 15.5% in April compared with March, according to the National Association of Vehicle Manufacturers (Anfavea). A total of 260,200 new units were made.
Finance market projections have been slightly altered. The estimate for growth of the Brazilian GDP is now 3.23%.
Over 250 women are expected at the African Women Leadership Conference next June in Gambia.
Emirati tourism industry should grow by 6.5% a year until 2021 according to World Travel and Tourism Council. The country should receive more tourists from regions such as Latin America and Asia.
Automaker Mercedes-Benz has inaugurated a new lorry plant in Juiz de Fora, in the state of Minas Gerais. The light and extra heavy trucks will be sold on the domestic and foreign markets.
Argentina, United States and Uruguay were the leading sources of tourists to Brazil last year. The total number of visitors was 5.4 million.
The equivalent volumes of oil and gas were obtained by Brazil in March. The performance in the country represented a 5% reduction over February.
