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Financial institutions surveyed by the Brazilian Central Bank are expecting a price raise of 7.14% in 2016, marking the fifth consecutive time the forecast is revised down. Last week it was 7.28%

Through assistance program, the Fund’s technicians will help local authorities in the process of adopting reforms that result in continuous growth. The government is making an effort to revive the economy.

The 2015/2016 crop should result in 209 million tons, according to survey by national supply company. Earlier forecast was revised down, but even so the crop volume will set a record.

The fair is scheduled for June in the city of São Paulo and will present the Spring/Summer footwear collection. Buyers from the Middle East were invited in a joint effort with the Arab Chamber.