T-shirts with ‘Habibi’ written on them will be sold in an effort by blogger Lú Braga. The proceeds will be used to purchase bicycles for refugees living in Brazil.
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The surplus is the result of USD 5 billion exports and USD 3.5 billion imports in the month so far.
Financial institutions are expecting the Brazilian economy to shrink 3.30% in 2016. Last week’s forecast had been for a 3.35% decrease, according to a survey by the Brazilian Central Bank.
In the fiscal year of 2016, the airline from Qatar registered a net profit of USD 439.4 million. In 2015, net profit was USD 102.71 million.
The company produced 2.9 million barrels of oil equivalent in June. Its previous all-time high had been in August of last year.
Rizzo Kombis sent six of these vehicles to the United Arab Emirates this year. The company specialized in restoration of the vans and already sold to more than nine countries.
Brazil’s Inez de Ghandour makes frozen savory delicacies and sells them for events and at stores in ten different cities in the Arab country. The bulk of the clientele is made up of locals.
According to the International Trade Center, the Maroc Export agency is the continent’s busiest.
The volume shipped from Brazil to other countries in the first half of this year was 712,000 tons, while 635,000 tons were shipped in H1 2015. Sales to Egypt soared by 20%.
Brazil’s Extended National Consumer Price Index was at 0.35% last month, down from 0.78% in May, and drove H1 inflation to 4.42%; the rate was 6.17% in H1 2015.
The Fund`s executive board signed on an agreement that provides for the disbursement of USD 5.34 billion in three years. The goal is to help the country with its balance of payments.
In the first six months of the year, foreign sales of livestock and agriculture products from Brazil grossed USD 45 billion. The Middle East was one of the top buying regions.
The National Confederation of Industry changed from 3.1% to 3.5% its forecast for the decline of the Brazilian economy this year.
Brazil’s 2015/2016 season harvest will decrease in size as against 2014/2015, the National Supply Company (Conab) has reported. Soy and maize output dropped. The Statistics Institute also expects production to shrink.
