The Focus Bulletin, compiled by the Brazilian Central Bank based on a poll of financial institutions, is expecting the country’s economy to grow by 2.35% this year. The prior estimate was 2.32%.
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The Brazilian trade balance showed a US$ 299 million surplus in the first week of the month, but year-to-date, the country is running a US$ 3.4 billion deficit.
Brazil’s Foreign Office has devised a strategy to move 395 Brazilian citizens living in the Arab country to neighbouring countries in case an armed intervention led by the United States takes place.
Revenues from Brazilian exports to the region stood at US$ 143 million from January through August this year, up 6.3% from the same period in 2012.
The 20th International Exhibition of the horse breed will take place from September 12th to 15th in Avaré, São Paulo. The event held by the ABCCA will include contests and a beneficent auction.
The Arab country has authorized multinational companies in South Sudan to use the pipelines in its territory to carry the commodity to different ports.
In a communiqué, the world’s leading economies claim various measures were taken to fight the crisis, but tandem work is needed for growth to be resumed.
The show ‘Refugee Camp in the Heart of the City’ opened this Friday (6th) and will continue until the 15th in São Paulo. It portrays the hardships faced by people who left their countries due to conflicts.
The rate of growth has continued on the slowdown trend which started late last year, according to the National Confederation of Industry.
Rubber items manufacturer NSO Borrachas was visited by Sudanese importers in May and hopes to begin exporting to the country soon. Negotiations are also underway with the Emirates and Saudi.
Rubber items manufacturer NSO Borrachas was visited by Sudanese importers in May and hopes to begin exporting to the country soon. Negotiations are also underway with the Emirates and Saudi.
Industry association expects output to be up 12% this year. Increased exports and the fact that imported vehicles are being replaced by domestic-made ones have influenced the estimate.
Italy will supply 60 million euros to the Arab country and Belgium will donate 6 million euros to Palestinian refugees. The World Bank has allotted US$ 72 million to the local government.
The money will be deposited and used by the group’s countries to stabilize exchange rates and help them through financial issues. Negotiations for the creation development bank are moving forward.
