The company announced that it will build two manufacturing facilities in Indaiatuba, in the interior of the state of São Paulo, to make building equipment.
Author: From the Newsroom
Vale Fertilizers signed a protocol of intention to invest US$ 2 billion in the state of Minas Gerais. Plans include phosphate exploration, expansion of the phosphoric acid plant, among others.
The largest building fair in Saudi Arabia will take place from October 16th to 19th. The event should receive over 22,000 visitors.
On October 4, vessel with a crew of up to 300 will join the fleet of the United Nations in the Arab country. The mission is headed by a Brazilian official.
The former Brazilian president Luiz Inácio Lula da Silva received the Lech Walesa Award, in Poland, and stated that he will donate the US$ 100,000 prize to a nation in Africa.
Abu Dhabi-based holding company’s revenues reached US$ 3.7 bn in the first half. The company posted a profit of US$ 54 million, as against losses of US$ 1.2 bn in the same period of last year.
The Supreme Council of the Armed Forces, which runs the country’s transitional government, announced the timetable for the parliamentary elections today.
A total of 322 foreign direct investment projects were announced in the first half of this year, as against 430 in the same period in 2010. The movement reflects the revolutions in the region.
The African Development Bank is going to transfer US$ 7.5 million to the IMF for a project to help strengthen financial institutions and to fight poverty.
Brazilian company Ebit estimated the national industry’s revenues for this year. The figure represents a 36% increase over 2010.
IMF figures show that the country has the greatest per capita GDP and show that, in 2016, income of each citizen may be double that of the North Americans.
The country wants to reduce its dependence on imported energy and lower the spending that desalinating seawater entails. For such, a nuclear plant will be built.
The figure concerns the period from January to August. There was growth of 15.6% compared with the same period of 2010.
Christine Lagarde says countries must work together to seek a solution to the crisis and urges reforms to prevent collapse.
