The Arab Brazilian Chamber of Commerce signed a memorandum of understanding with the Association of Mediterranean Chambers of Commerce and Industry during the opening of the Mediterranean Week of Economic Leaders, in Barcelona.
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The Institute of Applied Economic Research (Ipea)’s Monthly Apparent Industrial Goods Consumption Indicator slid 2.3% over August and 1.3% year-on-year in September.
Industry organization Associação Oliva and the city’s Secretariat for Nature and the Environment are holding an event next Thursday (22) to discuss the product’s manufacturing and consumption.
Imports came out to USD 3.2 billion, leading to a trade surplus of over USD 1.8 billion.
Foreign sales by the industry amounted to USD 8.48 billion. Soy was the top seller at USD 2.62 billion shipped out, up 78.8% from a year ago.
The results of a poll of financial market players in Brazil shows that prices are expected to have climbed by 4.13% at the end of this year, down from a prior 4.23% forecast.
The country’s economy grew year-to-date through September of this year.
The Tangier-Casablanca line was officially launched this Thursday by the French and Moroccan heads of state. The 340 km road trip between the two cities now will take two hours and ten minutes.
The university in Santa Catarina, Brazil will welcome the Arab Chamber’s Information Management Coordinator Marcus Vinícius at 7pm next Tuesday (20). Admission is free and registration is open.
The Brazilian Central Bank’s Economic Activity Index (IBC-Br) shows GDP climbing in quarter three from quarter two.
The director of the Ministry of Foreign Affairs’ Department for the United States, Canada and Inter-American Affairs, ambassador Ernesto Fraga Araújo, was appointed by Jair Bolsonaro to be the head of Itamaraty.
Arab Brazilian Chamber of Commerce president Rubens Hannun and Operations director Tamer Mansour attended the 6th Arab Conference for investment in Food Security in Fujairah, the UAE.
Since October of this year, oil prices have fallen by a quarter to below USD 70 per barrel. A report by the International Energy Agency was released this Wednesday.
The IPEA Gross Fixed Capital Formation index climbed 9.6% over Q2.

