The name of the next head of the diplomatic representation in Kuwait City was approved Wednesday by the Senate. Norton Rapesta will also concurrently serve as ambassador in Bahrain.
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Being discussed by a business support group, the tax Simples Internacional aims to cut red tape and streamline shipments by micro and small businesses, which currently have a hard time reaching the foreign market.
The Brazilian Ministry of Finance released its revised GDP estimate for 2017 this Wednesday (17), from 1.2% to 1.6%. The country is seen resuming growth in the final quarter of this year.
The facility in Pernambuco, Brazil put out over 3 million barrels of oil in July. Diesel and petroleum naphtha production also hit all-time highs.
Foreign sales totaled USD 6.9 billion from January to July. Performance was driven by machinery and electrical sectors.
The Education Center of the Federal University of Pernambuco and the Palestine-Recife Alliance are hosting debates and art shows focusing on the Palestinian issue on August 23 and 24.
Industrialists gained confidence from July to August in Brazil, according to research by the National Federation of Industry (CNI). Index hadn’t surpassed 50 points since March 2014.
The new homepage presents a modern layout that is now optimized for all platforms: desktop, smartphone and tablets. In 2017, the Arabic version will go online.
The country registered a USD 1.685 billion surplus in the second week of the month, up from USD 637 million in the first week.
Financial institutions increased from 7.2% to 7.31% their estimate for inflation in Brazil and from 13.5% to 13.75% their forecast for the benchmark interest rate.
Brazilian Ministry of Agriculture numbers show the country exported USD 2.7 billion worth of the product from January to July, a 25% drop over the comparable year-ago period.
The Brazilian interim president says he plans on travelling to the region in case he is confirmed as president following the vote on Dilma Rousseff’s impeachment trial.
A Brazilian Central Bank index shows contraction of GDP in Q2 from Q1 2016. Year-on-year in Q2 saw a much wider drop at 4.37%.
The Brazilian National Development Bank incurred a net loss in the first half of this year. In the comparable period of 2015, it registered BRL 3.5 billion in profit.

