The rise of the US dollar relative to Brazil’s real inhibited expenditures in foreign currency, causing them to plummet in September. A USD 3 billion current account deficit was registered in the month.
A tree originally from Paraná state capital Curitiba was planted last week in the gardens of Lebanon’s Usek university to mark the 70th anniversary of the Arab country’s diplomatic ties with Brazil, Chile, Mexico and Uruguay.
The company from Santa Catarina sells to Saudi Arabia the type of towels to be used in the gym. The products are custom made and, in a year, account to 2% of the shipments sent abroad by the company.
The US currency closed at BRL 3.908, down 0.9% from a day earlier, but it has appreciated by 47% to date this year.
The Forum on Investment in Brazil and Brazilian Investment Abroad will outline the challenges facing the country when it comes to drawing foreign funds in. Discussion will take place next Tuesday (27th) in São Paulo.
The estimation was made by the government’s chief of staff, Jaques Wagner. New fiscal target will be officially presented by the government this Friday.
The Brazilian mining company spent USD 12.7 per ton of iron ore in Q3 of this year. It reported that it is the lowest cost in the world. The Middle East’s share in overall business declined.
Group of Brazilian MPs visited the Arab country in September. The president of the Brazil-Arab countries Parliamentary Group says that trade should increase after visit.
Wajdi Mouawad is staging the theatrical play ‘Solos (Seuls)’ from November 5th to 7th at Sesc Pinheiros. He is the writer, director and actor of the production about life, roots, values, and culture.
The event is set to October 22nd and 23rd in Brasília. Speakers will train professionals to attract foreign capital and develop partnerships.
Foreign sales of textiles and clothing amounted to USD 242 million from January to September. The industry is running a USD 1 billion trade deficit.
From this Wednesday (21st), Abu Dhabi Global Market, the emirate’s financial free zone, is accepting applications from local and international businesses interested in operating at the facility.
The event is scheduled for next Thursday (22nd) at the House of Representatives, in Brasília. The aim is to discuss ways of getting the immigrants into the labor market.
The United States currency closed at a 15-day high this Tuesday (20th). The day was marked by instability on the financial market.
