Report released this Thursday (26th) indicates that prices will go up 7.9% this year and that the economy will shrink 0.5%.
In February, Brazil sold US$ 791 million worth of machinery and equipment to foreign countries, nearly 25% down from the same month in 2014. Imports declined by almost 17%.
Beatriz Le Senechal won the Official Jury and Popular Jury awards in the cinema contest promoted by the Arab Chamber and Icarabe. Bruno Rafael da Silva took home the Young Filmmakers award.
A reception at Esporte Clube Sírio marked Arab Community Day in Brazil. Arab Brazilian Chamber of Commerce president Marcelo Sallum discussed the history of 25th of March Street.
The index registered its third straight drop, due to worries with water and energy supply and political instability.
The foreign exchange flow was positive in US$ 762 million until March 20th. Until the 13th, it had a surplus of US$ 2.2 billion, but, in the third week, financial and commercial sectors impacted the performance.
In the celebration of the Arab immigration, the winners of the film contest ‘The Arabs and the March 25th Street’ will be announced. Four finalists were nominated for the Popular Jury award.
This portion of Downtown São Paulo, known for retail, once had a quay, was a merchandise distribution hub and home to the Arab community. Now, it’s also home to many Chinese-owned shops.
March 25th is Arab Community Day. The Arab Chamber will mark the date by hosting a party and presenting prizes to the winners of the film contest it held alongside Icarabe, the Institute of Arab Culture.
The 0.49% increase in comparison to the same period of last year is attributed to fund transfers between private companies.
The wall, floor and façade tile manufacturer plans on going from exporting 14% of output to 20% this year. The company has shipped products to Libya and the United Arab Emirates in the past.
Atentaddo VE has won an Arabian horses-only race last Monday evening at São Paulo’s Jockey Club. The horse had come out the victor in last year’s race as well.
Transactions carried out in February showed a deficit, driving Brazil’s 12-month deficit to US$ 89.9 billion.
The former Brazilian minister of External Relations and of Defense is delivering a lecture on the matter at Universidade Federal do ABC. The region was a priority during his term as head of the Foreign Ministry.
