The amount by which imports outpaced exports decreased year-to-date through September, with foreign sales at USD 5.5 billion and purchases reaching USD 14.1 billion.
According to a Central Bank poll of financial institutions, Brazil’s GDP shrinkage projection for this year has also widened.
Samba school Mocidade Independente de Padre Miguel has chosen the Arab country as its theme for Carnival 2017.
A mosque in the Paraná state capital opened a venue for permanent Muslim art and culture exhibits. The items on show are Iranian, but the plan is to incorporate pieces from Arab countries.
The event, organized by the Ministry of Economy of the UAE and the World Tourism Organization, is scheduled for November 23. The use of technology on tourism industry will be one of the topics discussed.
Leather and footwear parts makers affiliated with an exports program grossed USD 223 million from foreign sales from January to October, up 35% from the comparable period of last year.
Foreign sales from Brazil amounted to 4,252 units from January to October, down 5.4% from the same months in 2015.
In this year’s Q3, the Brazilian Development Bank reversed the losses of 2016’s first six months.
A container’s worth of the legume grown in the state of Goiás could pave the way for the Brazilian product in the international market.
Tiles, sinks and bowls, waterproofing, brushes, marble and granite manufacturers will be at the Middle East’s biggest construction industry expo as of next Monday in Dubai.
The initiative was created during a visit of Brazilian minister of Agriculture, Blairo Maggi, to Marrakech to attended COP 22. The plan is to decide which agricultural products they can offer to each other.
The lawyer from São Paulo Edgard Raoul spent six months in Europe and the Middle East helping people and also living as a war refugee. The experience changed his conceptions on Arabs and Muslims.
The Arab airline acquired 10% of total shares of the South American company, which will now move forward with a USD 613 million capital increase.
Answering a survey by the Ministry of Finance, banks revised down slightly their forecast for the central government’s primary deficit from the BRL 159.8 bn (USD 47.03 bn) previously estimated.
