Panelists at the Annual Investment Meeting, in Dubai, denounced protectionist practices and said businesses need to invest in competitiveness.
Browsing: Economy
Leaders from the public and private sector debated the theme in the opening of the Annual Investment Meeting this Monday in Dubai.
Expected economic growth in Brazil shrank from 1.98% to 1.97% this week from the last one, as per the Central Bank’s Focus Bulletin.
The country is forecasting a pickup in foreign fund inflows. The subject will be covered during the Annual Investment Meeting in Dubai next week.
Brazil’s Ministry of Mines and Energy has created a workgroup to come up with proposals to streamline Brazil’s electric grid.
The amount of private and non-profit organizations was down 14% in 2016 from 2013 on the back of recession – they rely heavily on funding.
The World Economic Forum relates that economic, governance and safety issues worry Middle East and North Africa business leaders the most. Climate change, on the other hand, is underestimated.
An indicator from the Institute for Applied Economic Research (Ipea) shows an improvement over February.
Q1 saw 904,760 brand new units sold in Brazil, including automobiles, light commercial vehicles, trucks, buses, motorcycles, road implements and other vehicles.
Latin America was the only region to see an increase in handled cargo, according to the IATA. Global flows were down 4.7%.
US dollar outflows exceeded inflows in Brazil by USD 4.2 billion last month.
According to the WTO, global trade flows are poised to go up 2.6% in 2019, down from 3% in 2018, when it had already fallen short of expectations. Brazil lost one position on the ranking of leading exporting countries.
Surveys from Brazil’s National Confederation of Industry (CNI) and the Brazilian Institute of Geography and Statistics (IBGE) show that output from industry increased.
Brazil registered a USD 10.9 billion surplus in the first quarter, an 11% drop over the same period of 2018. In March, the balance stood at USD 5 billion, a 22% reduction.
