The ‘GDP Forecast’ disclosed by the Central Bank shows growth of 0.08% in August in comparison with June this year.
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US dollar outflows have exceeded inflows from the 1st to the 11th this month in Brazil, according to the Central Bank. The result was caused by the finance and trade sectors.
The event brings together companies to discuss how science parks may positively influence the development of cities. Next year, the event will take place in the Gulf country.
The Arab country imported 848,000 pairs of shoes from January to September this year. There was growth of 25.7% in volume, and of 19.2% in revenues obtained with sales, according to Abicalçados figures.
Brazil’s social initiative has won the 1st Award for Outstanding Achievement in Social Security. The announcement was made this Tuesday (15th) in Switzerland and the prize will be accepted in Doha in November.
A survey conducted by the Brazilian Ministry of Agriculture projects an increase in revenues from the main crops and animal husbandry businesses. The combined amount may be US$ 191 billion.
Last month, governor Raimundo Colombo met with executives from DP World, the port operator of Dubai, and presented the situation of the five ports of the state.
Brazil posted US$ 188.5 billion in foreign sales revenues year-to-date through the second week of October. In the same period last year, revenues amounted to US$ 190 billion.
Flavio Marega, who will assume his post at the Brazilian embassy in Saudi Arabia in 2014, says he will work for Saudis to resume purchasing Brazilian bovine meat. Imports have been suspended for ten months.
The World Bank should loan US$ 6 million to the North African country for the initiative, which may reduce the local energy cost. The mill will be geothermic, and will work from the heat of underground rocks.
Finance sector analysts have increased estimates for growth of the Brazilian Gross Domestic Product (PIB) from 2.47% to 2.48% in 2013.
Camila de Zorzi produces embroidery for famous brands in Brazil. An admirer of the Arab world, she now aims to produce typical garments for women in the region and to export there.
International Monetary Fund director for the Middle East and North Africa says oil exporting countries should see modest growth due to lower demand. In turn, oil importing countries must attract investment.
The country attracted US$ 39 billion worth of foreign direct investment year-to-date through August and retained the leadership in the region. However, the value invested was down 10%.
