Brazil’s federal, states and local governments saw the widest deficit for a September since the Central Bank began keeping records. The September 2015 deficit had been USD 2.2 billion.
Browsing: News
Gastronomy, dancing, a bazaar sale, henna tattoos and conversation on jobs will be featured in an event on November 5 in São Paulo. The goal is to build rapport between Arabs and the local population.
A spokesperson for the Fund said that the country has made ‘good progress’. Egyptians are waiting on a USD 12 billion loan to be approved by the organization’s board of directors.
Last year, 292,500 tons were recycled. The process uses only 5% of the power required in the production of the cans from the primary metal.
Micro and small businesses in Brazil will get tax breaks on imports and domestic purchases in connection with exports, the Ministry of Industry, Foreign Trade and Services has announced.
An event organized by Casablanca Finance City and the Arab Chamber in São Paulo on November 1 will show opportunities for businesses from Brazil in the African country. Registrations are open.
Foreign purchases of the product by the Brazilian market declined to 27,000 tons from January to July of this year if compared to the same months of 2015. However, olive oil imports from Arab countries went up.
The company’s sales of iron ore and pellets to the region declined in Q3 over the same months in 2015, but went up if compared to Q2 of 2016. Overall exports increased.
The federal government registered near BRL 95 billion (USD 30.16 billion) in tax revenues in the month, a drop of 8.3% over September of last year in real terms.
The amount grossed from forest extraction and silviculture last year was down from USD 6.1 billion in 2014, according to data from the Brazilian Institute of Geography and Statistics (IBGE).
The company Keiko Sports, from São Paulo, has been selling jiu jitsu kimonos to a Jordanian martial arts school for over ten years already. On average, shipments are made twice or three times a year.
Frutos da Amazônia makes products including cupuaçu, açaí, taperebá and nut-based bonbons and biscuits. It supplies the high-end market in Brazil and is looking to increase its exports.
Foreign sales of capital goods produced in Brazil declined in September over the same month in 2015, but improved year-to-date.
The managing director of the IMF visited Riyadh and met with the bloc’s ministers. She praised the measures taken in response to low oil prices, but suggested further spending cuts and revenues diversification.
