The agreement with the International Monetary Fund does not involve cash yet, only assistance with cutting spending and improving the financial system.
The state-run oil company cut down its investment forecast through 2019 from USD 130 billion to USD 98 billion. The plummeting oil price and the US dollar hike were contributing causes.
National Supply Company (Conab) estimates a production of 210.5 million tons of grains in the 2015/2016 crop, with the Brazilian Institute of Geography and Statistics (IBGE) pointing to 210.7 million tons in the current calendar year.
Organization will host a lecture with economist Zeina Latif and releases its activity schedule for this year on January 28th in the city of São Paulo.
Nearly 19,000 tons were shipped abroad from Brazil last year, up 53.5% from 2014. The United Arab Emirates was the leading buying country.
The industry grossed USD 88.22 billion in Brazil, down 8.8% from 2014. The Brazilian Ministry of Agriculture rates the performance as good for a slumping economy.
Brazil registered a USD 150 million deficit last week, the result of USD 2.922 billion in exports and USD 3.072 billion in imports.
Forecast is from the Focus Bulletin, published by the Brazilian Central Bank with outlooks from financial institutions for Brazil’s economy. Estimation is for a 2.99% shrinkage in 2016.
Arab immigrants are taking part via the Migraflix plataform, which promotes quick courses taught by low-income foreigners living in Brazil. Cuisine, arts, music, dance and fashion are among the topics covered.
The US dollar’s rising strength against Brazil’s real breeds expectations of growing foreign sales in months to come. The Couromoda fair, in São Paulo, will welcome importers from 60 countries.
The Qatar Foundation International’s #ISpeakArabic competition will review videos of people discussing their Arabic studies and why they do it. The winner will get USD 500.
Financial aid will be made available once the national unity government takes office, said European Union foreign policy chief Federica Mogherini.
Through a statement, the Saudi state oil company said that the measure is part of the reform process being executed by the Arab country.
The index is the highest since 2002 in Brazil. According to a survey, last year, Brazilians paid higher prices for ‘all goods and services categories that make up the cost of living.’
