The 15th Festa Junina Árabe will happen over the weekend at Igreja Ortodoxa Antioquina São Jorge, featuring an amalgamation of Arab and Brazilian cultures running the gamut from sfiha to quentão drinks.
The IPCA-15, official preliminar inflation, came in at 0.16% in June, below May’s rate. It’s the lowest percentage for the month since 2006, according to the Brazilian Institute of Geography and Statistics (IBGE).
The goal of slashing global output by 1.8 million barrels per day was exceeded in May. Opec members and non-members agreed to reduce supply in order to drive prices up.
A survey commissioned by the Brazilian government shows that 782 companies grossed a combined BRL 8.2 billion in the first quarter. Tour operators saw revenue increase the most.
The sum is part of a USD 723 million loan agreement. The International Monetary Fund calls for increased structural reforms and international donations to refugees.
The increase was registered year-on-year in May in Brazil by airlines affiliated with the Brazilian Airlines Association (Abear).
An index that tracks industrial business owners’ outlooks slipped 1.8 percentage points to a 51.9 score this month. The drop came after a four-month plateau.
At least 14 buyers from Arab countries confirmed that they’ll be in the footwear industry show opening early July in São Paulo. The Arab Brazilian Chamber of Commerce is a partner.
Foreign sales by the industrial sector of the North African country reached USD 4.8 billion in the first five months of the year. However, the trade balance’s still registering a deficit.
The Arab country’s budget for the 2017/2018 fiscal year, which begins in July, will include a package for items such as food subsidy cards.
Demand from consumers increased year-on-year in May in Brazil, credit bureau Serasa Experian reported.
Brazilian economy grew from February to April over the three-month period that ended in January, according to a survey conducted by Fundação Getulio Vargas.
The 59th edition of the multi-industry event comes after a five-year hiatus. Forty enterprises from Brazil have been invited to showcase their goods and reintroduce themselves to the Syrian market.
From January to May, the deficit stood at USD 3.97 billion due to a significant increase of exports and a modest reduction in imports.
