The Moroccan port handled a total of 44,615,849 tons of cargo. The transportation of vehicles, oil and passengers all increased in the period.
The minister of Mines and Energy, Fernando Coelho Filho, said that bidding rounds for the concession of onshore, pre-salt and post-salt blocks should take place this year.
Performance of the sector in Brazil registered a 0.1% increase from October to November 2016. Year-to-date until November, however, it declined 5%.
Defense fair IDEX takes place from February 19 to 23. Brazilian defense sector’s association will take 18 companies. Embraer and the Ministry of Defense are also expected to attend.
Decision by the Monetary Policy Committee (Copom) was unanimous. The 0.75 percentage point cut is the deepest since 2012.
Revenues with the product’s shipments declined 7% although the volume exported by Brazil climbed 1% to 1.4 million tons.
The state-owned company produced, on average, 2.14 million daily oil barrels last year, an increase of 0.75% over 2015.
The data was optional but since the first day of the month are now required for packaged food.
The Extended National Consumer Price Index (IPCA) stood below the target center established by the Brazilian Central Bank (BC). Official inflation rate was lower than in 2015 and 2014.
The sector’s association is expecting over USD 13 million in orders in the Arab Health and MedLab fairs scheduled between the end of January and beginning of February in the United Arab Emirates.
The bank forecasts a 2.7% growth in 2017 against 2.3% in 2016. In Brazil, the recession is likely to end, and the Arab countries are expected to post a stronger performance.
According to the sector’s association, the goal is to prevent against an outbreak of bird flu. Last week, Chile reported an outbreak of the disease.
The National Supply Company (Conab) expects a 15% growth in production. And the Brazilian Institute of Geography and Statistics (IBGE) forecasts a record crop.
The Brazilian food-processing company joins the sovereign wealth fund of the Gulf country to acquire Banvit, the largest Turkish poultry company. The company’s enterprise value is USD 470 million.
