The UAE and France announced the creation of a USD 100 million fund for UNESCO. The goal is to save cultural heritage within conflict areas.
Foreign sales from Brazil decreased in volume and revenue in November, but export volume increased year-to-date through November.
The president of the Brazilian Exports and Investment Promotion Agency, Roberto Jaguaribe, said Brazil needs to show other countries that its agriculture is sustainable.
IMF staff concluded its visit to the Arab country this Thursday (1) and praised the improvement in fiscal management and diversification of the economy. The GDP should grow 4.4% in 2017 against 2% this year.
The multinational and its local partner NBC opened the facilities this week. It’s the brand’s fourth bottling plant in Palestine, with the other three located in West Bank.
Foreign sales from Brazil climbed 17.5% in November from November 2015. The year-to-date trade surplus was USD 43.3 billion, the highest ever for the period.
Production in Brazil averaged 2.624 million barrels a day, gas included, up 9% from October 2015. In October from September, however, output was down 1.8%.
The National Federation of Industry reported a drop in October from September. Year-on-year in October, revenue plummeted by 18%.
Such is the total amount of loans, grants and investments announced at Tunisia 2020, an event held over the past two days in Tunis.
It was the 7th consecutive quarter-on-quarter contraction according to the Brazilian Institute of Geography and Statistics (IBGE). Brazil’s Ministry of Finance points to corporate indebtedness as the cause.
The organization approved a 4.5% cut starting January 2017. The commodity prices climbed by around 8% in the United States and London.
Production of the new model is expected to start mid-2018. The announcement was made during the event Tunisia 2020.
Company Elaiá has newfound clients in both of the North African Arab countries, with several orders placed in the past six months.
The money will go into the carmaker’s Porto Feliz, São Paulo unit, where engines for its Etios models are made. The facility will also start making Corolla engines.

