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07/07/2017 at 13:06h

Economic forecasts from industry worsen

Brazil’s National Federation of Industry (CNI) has revised down its Gross Domestic Product growth forecast for this year from 0.5% to 0.3%.

06/07/2017 at 13:21h

Minister: economy to grow by 0.5%

Brazil’s Finance minister Henrique Meirelles said the growth forecast for this year remains at 0.5%. At the end of June he had said growth could be weaker.

30/06/2017 at 19:14h

Unemployment rate levels out at 13.3%

At the end of May there were 13.8 million unemployed persons in the country, according to the national household sampling survey from the Brazilian Institute of Geography and Statistics (IBGE).

29/06/2017 at 13:32h

Economic uncertainty increases

Index measured by Fundação Getulio Vargas on the issue climbed 14.4 points in June over May and reached 142.5 points, in a reflection of Brazil’s economic uncertainty scenario.

29/06/2017 at 07:00h

Over 7,000 native Arabs live in São Paulo

Data made public by SPTuris reveal which are the largest communities of expats in the city of São Paulo. Lebaneses are the most numerous among the Arabs.

28/06/2017 at 19:53h

Meirelles admits GDP below 0.5%

The minister of Finance declared that the Brazilian economy will grow less this year than was estimated by the government.

26/06/2017 at 13:58h

Banks revised down GDP forecast

Financial institutions believe the Brazilian economy will grow 0.39% this year. Previous forecast pointed to a 0.40% grow.

22/06/2017 at 16:24h

IMF to make USD 71 million available to Jordan

The sum is part of a USD 723 million loan agreement. The International Monetary Fund calls for increased structural reforms and international donations to refugees.

21/06/2017 at 16:48h

Egypt to spend additional USD 4bn on social safety

The Arab country’s budget for the 2017/2018 fiscal year, which begins in July, will include a package for items such as food subsidy cards.

21/06/2017 at 13:32h

GDP rose 0.87% in three months

Brazilian economy grew from February to April over the three-month period that ended in January, according to a survey conducted by Fundação Getulio Vargas.

19/06/2017 at 15:57h

Market revises down inflation, GDP forecasts

Financial institutions estimate that prices will be up 3.64% this year and the economy will see 0.4% growth.

16/06/2017 at 13:22h

Economic activity up 0.28%

The Brazilian Central Bank index signals that Brazil’s economic activity went up in April over March. In comparison to the same month of 2016, the increase was even sharper at 0.51%.