Brazil’s Central Government announced a BRL 38.356 billion (USD 11.712 billion) deficit, the widest ever for the month. The number comprises the Central Bank, Social Security and the National Treasury.
Browsing: News
The Arab world’s leading plastics, petrochemicals and rubber industry event will happen from January 8 to 10 in the United Arab Emirates. Last year, the industry had a turnover of USD 32 billion in the Gulf countries alone.
Brazilian economists believe that a minor improvement will take place next year, but the country must put its political problems behind it before it can really get growing again.
Brazil’s Gross Domestic Product (GDP) forecast is expected to have shrunk by 3.49% at the end of this year. The projection is worse than last week’s, but the inflation estimate has improved.
The region accounted for 9% of the exports via Exporta Fácil in 2015 and declined from January to November of this year. Saudi Arabia is the seventh largest destination in the service’s overall ranking.
Credit in the country will suffer the first fall ever registered by the Brazilian Central Bank if the forecast for this year is to be confirmed.
Brazilian government sent BRL 1.2 million (USD 367,200) for the purchase of food in the Arab country, South Sudan and Haiti. The funds come from the Brazilian Cooperation Agency (ABC).
The index measured by Fundação Getulio Vargas (FGV) dropped 5.8 points in December, reaching its lowest level since June.
The organizers have confirmed that 12 buyers from the region will join a buyer project that offers special conditions to international guests. The footwear industry exhibition happens in January in São Paulo.
In 2015, for the first time since 2001, the value of international trade declined even with economic growth. The organizations suggests a change in dynamics of globalization.
The Arab country is expecting a USD 79 billion deficit this year, down from an earlier forecast of USD 87 billion. Government expenditures decreased and revenue exceeded estimates.
The Arab country is expecting a USD 79 billion deficit this year, which is less than previous expectations of USD 87 billion. Government expenditures decreased and revenue exceeded estimates.
The new plant will produce 100,000 tons of beauty products per year, 80% of which will be exported to Arab, African and European countries. The plant had investments of EUR 250 million.
Such is the increase in prices that consumers in the country are expecting in the next 12 months.
