The country’s economy shrank in the quarter that ended in April but grew in the month over the same period of 2017.
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ANTAQ will hold auctions on September 28 to lease bulk handling and storage areas in both ports.
Brazil’s foreign trade had USD 5.5 billion in exports and USD 3.6 billion in imports in July’s third week.
Financial institutions polled by the Brazilian Central Bank expect the Brazilian economy to grow 1.76% in 2018. Last week’s forecast called for a 1.94% forecast.
Diplomats will be in Salvador this week for meetings with local and state officials and private sector players. The Arab Brazilian Chamber of Commerce is supporting the trip.
The Nomad Curator project is selecting musicians, producers and DJs for a program in the Arab country. The topic will be a dialogue between Brazilian and Egyptian music.
Qatar’s ambassador Mohammed Alhayki was awarded the medal Grã-Cruz da Ordem Nacional do Cruzeiro do Sul, the highest commendation given by the country to foreign nationals.
Mohammed Alhayki is leaving Brazil after a near-six-year stint, and the organization offered a farewell dinner. Bilateral trade increased and grew more diverse during his tenure.
The two countries that played each other in the World Cup opener signed an oil and gas agreement in a meeting of ministers in Russia.
The country shipped 467,600 tons of the product abroad from January to May. Purchases by the United States drove the hike in exports.
The Brazilian monetary authority said it will offer currency swap contracts starting next week to reduce volatility of the United States currency.
The United States currency closed at BRL 3.812 this Thursday, up 2.64% from the day before.
The amount of product purchased by Brazil from other countries was down 8.5% last month, industry association ANDA reported.
Foreign sales from Brazil were up 3% year-on-year. Soy, the primary driver of sales, accounted for 58% of total goods shipped abroad from Brazil.
