Exports of the product to the region declined 16% in volume this year up until August. The drop in revenues was even sharper because the coffee was sold at lower prices.
The United States currency closed up 2% this Tuesday (13). The oil price slump and global market trepidation also weighed down on stock markets.
The International Energy Agency slashed its consumption growth forecast for this year by 100,000 barrels per day and sees an even weaker expansion in 2017.
It is the best-placed Arab country in the competition that kicked off last week in Rio de Janeiro. Tunisian athletes have won five track and field gold medals. Egypt has won two golds.
The program includes airports, maritime terminals, highways, railways, oil fields and energy companies. Auctions will take place this year and the next.
Sales from Brazil to the Arab countries climbed 17% in August from August 2015. Since the year began, the only increase had taken place in February. Sugar sales increased the most.
An increase in exports boosted Brazil’s foreign trade surplus in the last week. Revenues with exports totaled USD 3.4 billion. Year-to-date, the results are also positive.
Such was the net loss posted by the Qatar Investment Fund in the financial year ended June 30. The performance was imputed to low oil prices.
President Michel Temer ratified Brazil’s adoption of the Paris Agreement, which sets targets for the country to stop the rise of global temperature.
As per a Brazilian Central Bank poll of financial institutions, national Gross Domestic Product (GDP) is seen shrinking 3.18% this year. Last week’s projection had been 3.20%.
The Arabic professor Jihad Abou Ghouche uploads videos in the internet to teach people interested in speaking the language. In three months, there are 24 videos already, with 60,000 views.
Considered Palestine’s national poet, Mahmoud Darwish essentially wrote about his homeland. His verses will be read, along with Arab music, in a poetry reading in the São Paulo state capital on October 15.
From September 15 to 18, the exhibition in the Lebanese capital will feature works from galleries of 17 countries. For the first time, the event will present an exclusive section to Lebanese women’s works.
The inflation index IPCA reached this rate year-to-year according to an August measurement. The price increase surpassed the upper limit of the central government’s target, which is 6.5% per year.
