After hikes in Q3 and Q4 2018, Brazil’s economy shrank according to IBGE. These numbers are official.
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Arab country is the main jeans supplier for the Italian market and the fourth for the French.
Overview of the world coffee production and consumption presented at the Coffee Summit on Wednesday shows that the Chinese market is promising for producers. Brazilian exports to the Arab countries grow above average.
Petrobras now extracts almost 2 million barrels of oil equivalent a day in the region’s ultra-deep waters.
A panel during the opening of Campo Grande Expo this Tuesday in Mato Grosso do Sul, Brazil featured the president of the Arab Brazilian Chamber of Commerce, Rubens Hannun.
Foreign sales reached over USD 1 billion. It is the first time that mark is surpassed in 63 months.
Exports by the bloc’s members were up a meager 0.4% in Q1, while imports slid by 1.2%. The organization points out the negative effects of the USA-China trade war.
The 51st edition of the premier shoe industry exhibition in Brazil will run from June 3 to 5 in São Paulo. Doha-based retail company 2point has been invited, alongside guests from 16 different countries.
Director of the Agribusiness Promotion Department of the Ministry of Foreign Relations, Alexandre Ghisleni, visited the Arab Brazilian Chamber on Monday to discuss agribusiness opportunities.
Expenditure during international trips was down 3% in April and 10% year-to-date through April, the Brazilian Central Bank reported. A strong US dollar makes it more expensive to go abroad.
Government approved new austere budget for 2019 aimed to cut the deficit to 7.5% of GDP from 11.5%.
Banks keep reducing their estimate for Brazil’s GDP. Expectation now is that the economy will grow 1.23% in 2019.
Brazil saw 129,600 posts created, the biggest number for the month since April 2013.
The fertilizer manufacturer saw revenue climb 20% in Q1, with results driven by markets including Brazil.
