The Fund expects 0.9% growth in Latin America and the Caribbean in 2015, barring Brazil, which should experience a slowdown. The forecast for 2016 is one of improvement.
‘Travelling with Art’ project will take tourists on a travel experience in the Arab country in October. They will be accompanied by Mylene Rizzo and learn about the local history, art and culture.
Investment will be made at Sheikh Mohammed Bin Rashid Al Maktoum Solar Park. The goal is to increase the energy power generating capacity from 13 MW to 3,000 megawatts until 2030.
The US$ 132 million surplus recorded in the first two weeks of the month in Brazil was the outcome of US$ 5.053 billion in exports and US$ 4.921 billion in imports.
Consumer demand in Brazil increased by 16.7% from February and 14.9% from March of last year.
Bulletin from the Central Bank shows financial analysts’ inflation forecast for this year: 8.13%. The prior estimate was 8.2%.
The state welcomed 1.1 million visitors last year, 30% of whom were foreigners. Arabs do not come in large numbers, but there are plans to attract them.
Arab countries imported from Brazil the amount of US$ 246.3 million in Q1, an increase of 2.22% over the same period of last year.
Director-general of the agency says that the number of people unemployed or working informally can rise due to the economic slowdown.
The Fund’s assessment is that the country’s economy is experiencing a delicate moment, but should start recovering towards the end of this year and rebound into growth as early as 2016.
Exhibition takes place from May 27th to June 1st. The Ministry of External Relations plans to send companies from the agricultural equipment, industrial machinery and food sectors. They have until April 30th to register.
Brazil’s National Supply Company (Conab, in the Portuguese acronym) expects 200.7 million tons of grain to be harvested in 2014/2015, up 1.1% from last month’s forecast.
Artists from Egypt, Lebanon and Algeria have their works in exhibition at SP-Arte fair, which is open until Sunday in São Paulo. Works can be purchased.
The credit rating agency has kept the country’s sovereign rating at BBB, but downgraded its outlook from stable to negative.
