Foreign sales from the state of Minas Gerais generated US$ 2.3 billion in revenues in January, a lower figure than that of January 2011.
Author: From the Newsroom
Kung Fu movie star is the brand’s ambassador and will promote its executive jet line, especially in China.
Al Sadd lent Leandro Montera to the rival Al Rayyan for the next six months. The Brazilian player will help the team win the Asian football league.
The institution informed that it will ‘open discussions’ regarding the loan. The IMF is already negotiating the allocation of funds, and the European Union has also committed to helping the country.
The analysis is by IMF managing director Christine Lagarde. After the Arab Spring, the country now suffers with the international crisis, which is resulting in less trade, investment and tourism.
The analysis is by IMF managing director Christine Lagarde. After the Arab Spring, the country now suffers with the international crisis, which is resulting in less trade, investment and tourism.
The government estimates that the economy should grow by 4.2% this year, as a result of the crisis affecting its trade partners in Europe. The previous forecast was 5.5%.
Investors from abroad purchased US$ 30 billion and sold US$ 26.2 billion in January, generating a positive balance of US$ 4.2 billion.
Dubai-based port operator handled the equivalent of 54.7 million containers last year. The figure includes terminals controlled by the company and those in which it owns stakes.
The International Monetary Fund says the country registered great growth in 2011 and has a strong economy to face the crisis, but needs to develop sectors of the economy that do not depend on oil.
A study issued by the World Bank points out a decrease in the last three months of 2011, due to reduced pressure. Still, volatility threatens food security.
The country’s national team beat Burkina Faso by 2 to 1 and qualified to the last-eight phase of the Africa Cup of Nations after 36 years. It will play Zambia on Saturday.
A mission of the International Monetary Fund claims that this year, the country will re-establish its pre-crisis oil production levels, but will have to diversify its economy in order to create jobs.
International Monetary Fund delegation praises economic management in the North African country, but claims efforts are needed to create further jobs and reduce dependence on the oil industry.
