During the 2018/19 crop, three of the five top destinations of the Brazilian commodity were Arab countries. The National Supply Company is expecting a record ethanol output.
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The monetary authority’s 2019 economic growth forecast remained unchanged in its report made public this Thursday (20).
According to IMF, the country is expected to grow 6% annually in the medium term, driven mainly by private investment and exports.
The works used to belong in the collection of the Embassy of Brazil in Kuwait. They were donated by ambassador Norton Rapesta to mark the 50th anniversary of Brazil-Kuwait diplomatic ties.
Setting up a company in Brazil used to take eight days in 2017. Now it takes five, as per a survey from the Brazilian Federal Revenue Office.
Report by Euromonitor says that the global economic growth is forecast to decline from 3.8% in 2018 to 3.5% in 2019 and 2020. The study has reduced the prospects of economic growth in Brazil.
National economy grew in the trimester ended in October compared to the one ended in July according to survey made by Fundação Getulio Vargas.
Arab Brazilian Chamber of Commerce president Rubens Hannun and board members convened this Tuesday in Brasília with Brazil’s vice president-elect Hamilton Mourão.
Meetings and technical visits were held in São Paulo and Rio Grande do Sul with representatives of NTDE Group between December 10 and 14. Estimates for the sales turnover are about 50 thousand pairs, amounting to USD 1.25 million.
A Brazilian Central Bank poll of financial institutions shows that prices are expected to have gone up by 3.71% by the end of the year. The result is the same as last week’s.
The Index of Economic Activity of the Central Bank, which predicts Brazilian economic flow, grew in October in relation to September. Compared to October 2017, the rise was 2.99%.
Blairo Maggi made an assessment of his term and said he recommended to the future Minister Tereza Cristina that she travels to countries of the region at the very beginning of the new government. He added that Brazilian agribusiness should achieve a new export record in 2018, with USD 100 billion.
Third sector grew 0.1% compared to September and 1.5% compared to last year October.
Brazil’s AEB forecasts foreign sales will fetch USD 220 billion next year, down 7.7% from 2018. Imports are expected to go up, making for a narrower trade surplus.
