According to a report issued by the UN agency, austerity does not necessarily lead to growth, and income inequality affects economic development.
Author: From the Newsroom
The National Library Foundation is enrolling foreign publishing houses interested in promoting authors from Brazil abroad. The funds are US$ 3,000 for each initiative.
The North African country was the best placed Arab country in the competition. Algeria, Egypt, Morocco and the Emirates also won gold medals in the competition.
The national team coached by Zico is defeated by Japan and finishes fourth in the B group. The group’s fifth and last team is Oman. In the same group, Jordan beat Australia.
Hassan Sheikh Mohamud was elected for the Parliament of the country, which has been torn by civil conflicts since 1991.
Exports reached US$ 4.4 billion in the first week of the month. The daily average was US$ 1.1 billion, up 14.2% from August of this year.
Sector foreign sales generated US$ 62.5 billion from January to August. Last month, however, there was a reduction of 10.5% in Brazilian shipments.
Brazil exported the equivalent of US$ 517.7 million during the month, down 35% from August last year. The crop took too long to reach the market.
The institution disbursed US$ 33.2 billion from January to July. In July, however, financings were up 5.6% from July 2011.
The territories’ GDP was up 9.9% last year because of the reconstruction of Gaza and of international donations. Long-term perspectives, however, have worsened as a result of the ongoing occupation.
The government will spend the funds on food, job creation, and economic stabilization. A fundraising meeting for countries and organizations is now taking place in Riyadh, Saudi Arabia.
Sales of Brazilian products to both regions generated US$ 2.25 billion in August. Imports also dropped in the month. Ministry blames the international crisis.
The photograph exhibit on Arab presence in Latin America will be on show at the ONA Foundation’s Villa Des Arts as of next Friday (7th). The show has already been made permanent in Morocco.
In the Arab country, 1.5 million hectares of farmable lands are in the hands of foreign investors, according to a FAO/Fida study.
