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A survey by the Brazilian Central Bank states that financial institutions are expecting the benchmark interest rate to be cut by 1 percentage point in a Copom meeting this week. Inflation forecast was revised up.

During the most important month of the Islamic calendar, Muslims go on a fast from sunup to sundown. Businesses, public buildings and schools operate with reduced opening hours.

Brazilian natural stones producers struck sales deals at the Middle East Stone Fair, which ended this Thursday in the UAE. The Arab Chamber and industry association Abirochas organized Brazil’s participation.

Fábrica Di Chocolate, a firm from Santa Catarina, sells a product called fondue express, which consists of fruits covered in chocolate, in seven countries. A shopping mall in Kuwait hosts a franchise of the business.