In the third week of March, imports overcame exports in R$ 199 million (US$ 62.5 million). The balance year-to-date is negative in US$ 6.288 billion.
Author: From the Newsroom
The North American currency registered a depreciation of 2% this Friday (20th), after a week of instability in the financial market.
The Kuwaiti representative at the UN said that over US$ 2 billion worth of humanitarian aid have been supplied, out of US$ 2.4 billion pledged at a conference last year. A new event will take place on the 31st.
The country already hosted the 2009 and 2010 editions of the tournament and now was chosen again by Fifa. The last two editions occurred in Morocco.
The Brazilian federal government has ‘vehemently’ disapproved of this Friday’s attacks on two mosques in Sanaa, the Arab country’s capital, that left over a 100 people dead.
A mission from the Fund visited the Arab country and gave a positive assessment of the local economy. The loan is still pending approval from the IMF Executive Board.
The Brazilian state-owned institution granted loans worth a combined US$ 57.7 billion last year, a decline of slightly over 1% from the total amount in 2013.
The organization has revised its estimates for ten countries plus the Eurozone. The only country with a negative growth forecast is Brazil.
The Brazilian government released a statement saying it ‘vehemently [condemns] the coward attacks’ that resulted in the death of 19 people at the National Bardo Museum in Tunis.
Watch in this episode: ‘The Arabs and the 25th of March Street’ film contest; plunging stock markets in the Gulf; a exhibition by artist Mona Hatoum; and more.
The cash will be spent on a project to be built around Tunis, the capital. A US$ 29.75 million loan will be made with repayment due in 20 years.
The seventh edition of Glass World will be held from April 21st to 23rd in the Egyptian capital. The fair also attends the aluminum sector.
The three-day event promoted by the government had as its goal to show the economic potential of the country and attract interests of investors.
As per a Central Bank poll of financial institutions, the economy is expected to contract by 0.78% in 2015. The inflation rate estimate is also higher than previously expected.
