Brazil’s Gross Domestic Product should fall 2.85% this year, according to banks’ estimation, the 12th straight time it shows worse data. Estimation is higher than last week’s, which stood at 2.8%.
The United States-based restaurant that serves Brazilian cuisine inaugurated its first franchise in the emirate. Located in the Mall of Emirates, the diner is the chain’s first one in an Arab country.
Songwritter and professor Fernando Lewis de Mattos will talk about five string instruments and ancient musical systems in Sumerian, Greece and the Arab world. The course is set for Monday (5th) and admission is free.
The event of the federal-owned storage and supply company in the city of São Paulo will have music and dance presentations and will serve typical dishes from several countries. Belly dancing is one of the attractions.
MPs of the Arab nation visited Brasília and São Paulo and said that the countries’ companies and infrastructure projects can be good investment options.
By the end of the year, state and municipal governments will get funding to foster exports. The measure is designed to offset losses stemming from export tax exemptions.
Brazilian Ministry of Agriculture has allocated the funds for the coffee crop. The money can be spent on funding crops, purchasing inputs, labor, among other related operations.
In the country, exports were higher than imports by US$ 2.944 billion, despite the fact that sales shrank from a year ago. Year-to-date in 2015, the country is running a US$ 10.2 billion trade surplus.
Licensed products with the Rio 2016 brand will be made available for internet sales in other countries in February. The Organizing Committee expects to sell a total of 50 million items.
Foreign Trade Chamber cuts down tariffs of hazelnut without peel, partially oriented yarn, some types of stamping inks, cauterized aluminum sheet and polyvinyl butyral films. The products are lacking.
Report by the Brazilian Central Banks shows that financial institutions in Brazil can withstand shock effects in adverse scenarios such as changes in interest rates, foreign exchange rate and higher delinquency rate.
The memorandum of understanding provides that annual information-sharing meetings will be held in a bid to advance relations between Brazil and the countries the Arab League represents.
Growth forecasts have been edged down from 3.3% to 2.8% in 2015 and from 4% to 3.9% in 2016. Weakening demand, falling commodity prices and exchange rate volatility are some of the reasons.
A group of parliament members from Kuwait met with Brazilian vice president Michel Temer and Legislative officials last Tuesday (29th) in Brasília. The goal is cooperation.
