In an exclusive interview with ANBA, vice president Hamilton Mourão said he believes the country should go on being a broker of peace in Palestine. He recognizes the strong trade relations with Arab countries, especially in food products, and would like to see more Brazilian defense industry products in the region.
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Brazil’s Agriculture minister Tereza Cristina will travel to three or four Arab countries next September. She intends to discuss sales of new agribusiness products, as well as the import of Arab goods to Brazil.
The Center for Advanced Studies on Applied Economics (Cepea-USP) reported that despite a hike in foreign sales volume, lower prices led to a 2.7% drop in revenues.
In auction on Tuesday, three port areas in Santos and Paranaguá ports were sold to the companies Hidrovias do Brasil, Aba Infraestrutura, and Klabin.
Virada Sustentável is based on the UN goals. Musical performances include Orquestra Mundana Refugi, which is made up by immigrants and refugees.
Financial institutions estimate that Selic will slid from 6% to 5% by the end of the year.
The Arab country now produces 630,000 per day, but the goal is to reach 690,000 barrels by the end of 2019. New discoveries will help.
Saudi Arabia’s state-run oil company released its first-half results for the first time. Net income was down 13%; free cash flow went up.
The Brazilian economy lost steam in Q2 from Q1, the Central Bank reported.
Year-to-date through July, Brazil shipped over 990,000 bags to the region, up 48% year-on-year. Total exports were the highest in five years.
Brazilian state-owned company will focus its efforts in gas and oil exploration and production, said the company’s president Roberto Castello Branco.
Meetings earlier this week brought together suppliers from São Paulo and representatives of retailer chains. Estimate is by the Brazilian Retail Industry Equipment and Services Association.
Activity was down 1% in June from May in Brazil, and down 3.6% year-on-year in June, according to the Brazilian Institute of Geography and Statistics (IBGE).
Brazil shipped 7.9 million pairs, up 65% year-on-year. Revenues climbed 44% to USD 84.35 million.

