US dollar outflows exceeded inflows in Brazil by USD 1.6 billion last month, according to the Central Bank.
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IBGE tracked production in 15 areas in Brazil. Most saw a drop in March from February.
Lebanon’s Brazilian-born Foreign Trade minister of State Hassan Mourad believes in the strength of the immigrant and descendant community when it comes to fostering business and agreements. He made a visit to the Arab Chamber this Tuesday.
For the first time, the Arab Brazilian Chamber brings a personal-care company to the show. Jordanian group Sukhtian, with the brand Hi Geen, presented products such as suntan lotions, sunscreens, and cosmetics.
The deputy CEO for the emirate’s export agency, Mohammed Kamali, visited the Arab Chamber this Tuesday and said the organization intends to be at more events across the country.
Year-to-date, sales reached 139,500 units this year, according to ANFAVEA.
Products on offer from exhibitors in the Arab Chamber pavilion include fresh dates from Tunisia and canned beans from Lebanon. The São Paulo Supermarkets Association expo opened on Monday and will run until Thursday.
The country will grant owners of electric cars temporary licenses until procedures related to licensing of the vehicles are regularized and will manufacture electric buses.
Brazilian financial market players expect to see 1.49% economic growth this year, down from 1.70% as of last week’s poll.
The chamber’s stand will have food and personal care exhibitors from Lebanon, Tunisia, the UAE, Egypt and Jordan. The show starts on Monday in São Paulo.
The Arab Brazilian Chamber stand at APAS Show uses typical elements and was inspired by the architecture of a Saudi university. The chamber president highlights the importance of the visual impact.
Agricultural industries from Lebanon exhibit in show at Clube Atlético Monte Líbano.
Upon visit to the country, the IMF team says the local economy starts benefiting from reforms, with domestic credit growth, employment, and tourism arrivals. Oil prices and investments are expected to boost GDP.
March saw 2.5 million barrels of oil equivalent and 111 million cubic meters of gas produced per day in Brazil, the National Agency of Petroleum reported.
