Surveys bring auspicious news regarding the harvest in Brazil. IBGE sees output increasing by 25% this year, and Conab estimates that the 2016/2017 crop will be 22% larger than the last one.
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The UN agency opened a training center in Beirut, Lebanon where courses and seminars will be made available to professionals from Algeria, Morocco, Tunisia, Egypt, Jordan, Palestine, and Yemen.
The credit rating agency raised the Brazilian state-run oil company’s grade to B1 with a positive outlook. Petrobras now sits four grades below investment grade.
There was a surplus of USD 1.596 billion in the month’s first week, with USD 4.688 billion in exports and USD 3.092 billion in imports.
Financial institutions lowered their growth estimate for the Brazilian GDP for this year from 0.47% to 0.41%. The data is part of the weekly survey conducted by Brazil’s Central Bank.
The event will take place in Giza on May 13. The country is pushing to broaden farming boundaries in a drive to increase output and foreign sales.
Container traffic increased 10.2% in the period, while the passenger terminal received over 400,000 people and the vehicle terminal around 90,000 units.
Annual core inflation rate surpassed 30% in February. The Fund’s managing director met this week with the president of the Arab country.
The Brazilian government changed its deficit target for next year from USD 25 billion to USD 41 billion, ministers announced today.
Brazil’s Extended National Consumer Price Index slid by 0.08 percentage point in March from February to the lowest rate on record for the month since 2012.
The Com.Pot brand was created last year as part of the ‘Peace On The Table’ project. It employs all women of different religious walks of life, with all proceeds going to peace initiatives.
Total amount withdrawn from savings accounts exceed deposits for the third consecutive month, according to the Brazilian Central Bank.
Brazilian industry shipped 172.700 units abroad in Q1, the biggest amount ever. Export volume in March was also an all-time high at 68,500 units sold.
Chocolate-dipped fruits from two UAE companies are now being sold in Brazil. The products from brands Chocodate and Zayna are available in São Paulo and Paraná and should soon reach other regions.
