Browsing: Economy

International Monetary Fund announced that last year, the Gulf country’s economy had its best performance since 2008, but warned that indebtedness may lead to an ‘unsustainable’ situation in a few years.

Lasbonfim, from Bahia, exports decorative jewels and stones to 23 countries. Foreign sales represent more than half the company revenues.

The third main continent will have the youngest working population in the world by 2040, according to the Economic Commission for Africa. In 20 years, Africans will total two billion people.

Month-to-date, the Brazilian balance of trade shows a US$ 1.104 billion surplus. Exports stand at US$ 7.588 billion, averaging at US$ 1.084 billion a day. The figure is up 2.7% from May 2012.

Rio de Janeiro’s Lívia Canuto has released her ‘Arabia’ collection, featuring rings, wedding rings, necklaces and earrings based on Arab architectural lines. The items are made out of gold and silver.