Hussein al-Shahristani, Iraqi energy vice president, announced that the country plans to double its current oil production, which is around 3.4 million barrels a day, up to 2015.
Author: From the Newsroom
The Brazilian Foreign Relations ministry will have meetings with president Mahmoud Abbas and prime-minister Salam Fayyad. Topics such as health, urbanism and agriculture are on the agenda.
Agronomist Maurício Antônio Lopes has been with the Brazilian Agricultural Research Corporation (Embrapa) for 20 years, and will replace Pedro Antônio Arraes, who resigned in September.
Foreign Relations Ministry signs partnerships with Ipea, Brazilian Cotton Institute and Order of Attorneys of Brazil to increase the number of negotiators in international agreements.
Promoted by the World Economic Forum, the meeting in November should bring together businessmen, universities and the society to discuss sustainability and innovation.
A World Bank report points out the need to train workers for the region’s private sector. That should foster competitiveness in the Arab world and create more job openings.
An agreement between Brazil’s Poultry Union and the Export and Investment Promotion Agency provides for over R$ 5 million to be allocated to commercial promotion actions.
The projection was issued by an IMF delegation. In 2013, the Arab country’s economy may grow by 3.5%. The government is implementing an agenda of fiscal, financial and utilities reforms.
The fund reduced from 5.5% to 5.3% its forecast for growth of the Arab economies in 2012. The figure, however, is still better than the performances of 2011 and 2010.
Brazil shipped 305,700 tonnes last month, a 0.4% increase. Revenues from foreign sales reached US$ 632.7 million, down 3.4%.
Foreign sales from Brazil amounted to US$ 461 million in September, down 44% from September last year.
Revenues of Brazil with foreign trade in the year up to the first week of October dropped 5% over the same period in 2011. There was also a drop last week.
The institution has made two new financing lines available to Latin America and the Caribbean. The funds will help countries in the region to address external financial shocks and natural disasters.
Establishments are now required to submit data to the Ministry of Development concerning services provided to foreigners. Goal is to include tourism as an exporting activity from a fiscal standpoint.
