Together, Brazilian industry associations representing beef, poultry and confectionary will take 32 companies to food fair that happens in Dubai. In all, event will host 72 Brazilian companies.
Estimation is from the Ministry of Tourism, which also assesses that the event will generate R$ 6.6 billion (US$ 2.47 billion) in Brazil from February 13th to 18th.
A study conducted by the organization and submitted to local authorities says improving facilities could gross the country an additional US$ 300 million in revenues.
The 2.2% increment from 2013 was the lowest since 2009. Electricity usage by industry decreased, weighing down on overall performance.
Cevital’s projects include building agro industries and inland ports. The company is in talks to buy plots in the states of Mato Grosso and Pará. Production will be sold domestically and abroad.
The IMF estimates that the economy of Gaza and the West Bank retracted by 1% in 2014. Causes include the conflicts that took place in July and Israel’s withholding of clearance revenues.
Credit rating agency downgraded the state-owned oil company from Baa2 to Baa3. The company, however, maintained its investment grade.
Group of students from Brasilia University was chosen to Hult Prize regional finals, a social entrepreneurship competition. The winning team will receive US$ 1 million to develop its project.
Agreement between United Nations agency and the Federal Prosecutor’s Office provides for increased aid to refugees and stateless persons at the São Paulo International Airport.
Foreign direct investment flows worldwide were down 8% to US$ 1.26 trillion in 2014, the second worst result since the 2008 crisis. Developing countries, however, saw record-high inflows.
United Nations warns that 730,000 people from the North African country are facing food insecurity and other 2.3 million could be affected.
Average earnings in Brazil went from US$ 613 in 2003 to US$ 815.7 in 2014 in real terms, i.e. inflation is accounted for.
The Brazilian stand at the Khartoum International Fair was visited by several buyers looking for agricultural equipment. The Arab Chamber also marketed products from other industries.
Event was slated for this week in São Paulo, but was moved to a later date because African lecturers were unable to attend. A new date is yet to be set.
