The country’s foreign sales totaled USD 5.1 billion in Q2 of the 2016/2017 fiscal year, an increase of 18.6% over the same period of the previous fiscal year.
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Last week saw exports reach USD 4.88 billion and imports reach USD 3.126 billion, according to the Brazilian Ministry of Industry, Foreign Trade and Services.
Financial institutions believe the Brazilian economy will grow 0.39% this year. Previous forecast pointed to a 0.40% grow.
Brazil’s external and domestic debt went up last month over the previous one. The debt reached BRL 3.25 trillion (USD 1.01 trillion).
Seminar will discuss new business and investment outlooks between African and Brazilians and the possibilities that the Arab country has to offer. Event is set for July 17. Registrations are open.
The country will leave behind a fixed exchange rate regime to better face possible external shocks and protect its foreign exchange reserves.
The Egyptian government cleared the border to allow eight trucks to pass through in order to supply a power plant in Palestinian territory.
After a prayer at 7 am on Sunday (25), a grand reception was set up for followers at the mosque, located in the Cambuci district, city of São Paulo, to celebrate the Eid al-Fitr.
The IPCA-15, official preliminar inflation, came in at 0.16% in June, below May’s rate. It’s the lowest percentage for the month since 2006, according to the Brazilian Institute of Geography and Statistics (IBGE).
The goal of slashing global output by 1.8 million barrels per day was exceeded in May. Opec members and non-members agreed to reduce supply in order to drive prices up.
The sum is part of a USD 723 million loan agreement. The International Monetary Fund calls for increased structural reforms and international donations to refugees.
The increase was registered year-on-year in May in Brazil by airlines affiliated with the Brazilian Airlines Association (Abear).
An index that tracks industrial business owners’ outlooks slipped 1.8 percentage points to a 51.9 score this month. The drop came after a four-month plateau.
At least 14 buyers from Arab countries confirmed that they’ll be in the footwear industry show opening early July in São Paulo. The Arab Brazilian Chamber of Commerce is a partner.
