The projection from financial market players regarding how much Brazil’s economy will grow in 2018 changed down from 2,90% last week to 2.87% in this one.
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Photovoltaic glass manufacturer Emirates Insolaire is awaiting certification from the local regulator before beginning to ship its product, which should happen by June, in addition to the opening of a showroom.
The majority of the 14 areas surveyed by the Brazilian Institute of Geography and Statistics (IBGE) registered a decline in production in January of this year over December 2017. Sharpest decline was in Paraná.
The official inflation index IPCA stood at 0.32% in February, the lowest in eighteen years, according to the Brazilian Institute of Geography and Statistics (IBGE). Year-to-date, the inflation rate is at 0.61%.
The Arab country’s ambassador to Brasília said nine agreements are in effect with Brazil. One of the treaties in the works concerns a visa waiver.
The currency went up for the second straight day, to BRL 3.265, amid uncertainty surrounding the US’ steel and aluminum import tariff hike.
Lubna Chahine created a channel in the video-sharing website to help Brazilians living in the UAE. She’s also currently organizing the Café Brasileiro em Dubai (Brazilian Café in Dubai).
The National Supply Company changed its 2017/2018 harvest estimate, and the Brazilian Institute of Geography and Statistics its 2018 prediction. Still, output should drop from last year’s record numbers.
The Annual Investment Meeting will be held in Dubai from April 9 to 11 and plans to be a platform to connect investors to projects of companies and governments of emerging countries.
Companies attending Expodireto Cotrijal are interested in selling to the region. The Arab Chamber is at the Rio Grande do Sul trade expo and is planning joint actions with Não-Me-Toque city hall to boost exports.
The cost of internationally traded staples increased in February from January and in the 12 months through February.
Diplomat Mohammed Al-Hayki paid a visit to the offices of the Arab Brazilian Chamber of Commerce this Tuesday. He said Brazil has a lot to offer in terms of expertise on hosting major events.
The region accounted for 23% of foreign sales by the Brazilian meat company last year, up 21% from 2016, and Minerva reports that consumption there is increasing.
There was a 2.4% decline over December, according to the Brazilian Institute of Geography and Statistics (IBGE). It was the sharpest decline since February 2016 and it interrupted a sequence of positive results.
