According to the Brazilian Central Bank, loans stood under last year’s expected target of 12%. For 2015, the estimation stayed the same.
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The president, vice-president and other directors were reappointed for a two-year second term in a session of the organization’s Management Council held this Monday.
In 2014, 2.1 million oil barrels were processed per day on average. The volume represents a high of 1.7% over 2013.
In the fourth week of January, imports exceeded exports again in Brazil. Month-to-date, the trade deficit stands at US$ 2.330 billion.
Printing, from Minas Gerais, sells its pieces to five Middle East nations. Together, they purchase 90% of the brand’s exports. Saudi Arabia is the main destination of the shipments.
A Brazilian Central Bank poll of financial institutions indicates that prices should be up 6.99% this year. Estimates for the economy have worsened.
Two enterprises from the sector are attending the Gulfood expo in Dubai. Prior to the exhibition, journalists from Arab countries will sample products by 12 Brazilian companies at an event.
Footwear fair was visited by 1,805 foreigners. Kuwaiti and Bahrainian businessmen were offered support by the event’s promoters.
This Friday, prime minister Habib Essid has announced the list of ministers and secretaries of state, nearly three months after the October elections.
The net result from Brazil’s transactions with other countries was negative by US$ 91 billion last year. International travel spending was also an all-time high.
Preview of the January index from Fundação Getúlio Vargas (FGV) points to an 1.2% over December. Result differs from survey done by National Confederation of Industry.
Abdullah Bin Abdul-Aziz Al Saud passed away early this Friday. The monarch was hospitalized since December with pneumonia. His half-brother, Salman, is the new ruler.
The goal was announced by president Abdel Fattah Al-Sisi at the World Economic Forum. The country’s GDP should be up 3.8% in 2015, according to the IMF.
With the drop in the commodity’s price, the government is considering producing more to compensate the loss of exports revenue.
