The Brazilian Central Bank’s governor, Alexandre Tombini, said that next year the rise in prices will stand within the limit of 6.5% and that he expects the inflation rate to hit the target center of 4.5% in two years.
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In November, the main fall happened with shipments of iron ore. Revenues totaled USD 849.2 million. In volume, sales declined 33%.
Demand increased in November from October in Brazil, according to a survey conducted by Serasa Experian. The biggest increment came from large businesses.
Brazil exported USD 4.2 billion and imported USD 2.6 billion worth of goods last week. Average daily foreign sales were up 12%, with purchases down 6.5%.
A Brazilian Central Bank poll of financial institutions shows that inflation is expected to rise this year and in the next as Gross Domestic Product (GDP) shrinks.
An event in Rio de Janeiro will address the situation of victims of the Palestinian conflict who lived in Syrian camps, but were forced to seek refuge elsewhere.
Foreign sales totaled USD 910 million from January to November and caused the food trade balance to post a surplus.
Brazilian coffee exports to the Arab world reached 1.36 million bags from January to November of this year, according to coffee exporters association Cecafé. Revenues from sales to the region also improved.
Language students from Unifesp, in Guarulhos, São Paulo, who taught Portuguese classes to the immigrants, have built a web portal featuring statements, interviews and photographs.
The date was celebrated with a dinner. Ambassadors, members of the diaspora and authorities of Brazilian government attended it. The CEO of the Arab Chamber was honored.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts a 209.3 million ton harvest of cereals, pulses and oilseeds next year. If the number proves true, the crop will be smaller than 2015’s.
The organization’s president, David Barioni Neto, said that the agency should include three new events in Arab countries for 2016. Food, construction and technology are the sectors to be included.
Brazil’s Development, Industry and Foreign Trade minister Armando Monteiro Neto said Brazil could see a USD 30 billion surplus as finished goods exports go up. He believes president Rousseff will not be impeached.
The commissions of Foreign Relations and National Defense and Minorities of the Brazilian House of Representatives congratulate the North African country at a ceremony at the National Congress.
