According to the ministry of Energy of Iraqi Kurdistan, Achti Horami, the expectation is for oil production to reach two million barrels a day by 2019.
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United Arab Emirates airline will operate daily flights between Abu Dhabi and São Paulo starting in June next year.
According to a report by the International Labour Organisation, 21% of the Palestinian population had no jobs in 2011. In 2010, 23.7% were unemployed.
Financial analysts have revised down the Brazilian economic growth estimate for the fourth consecutive time. The new forecast is 2.72%.
The CEO at the organisation should meet with businessmen and ministers, in the West Bank, to discuss products for inclusion in the treaty the Palestinians signed with the South American block.
The meeting should cover themes like the Arab Spring, Syria, the Euro Zone crisis, employment and growth, from June 4 to 6. The meeting will also be turned to North Africa and Eurasia.
Exports reached US$ 23.215 billion, up by only 0.026% compared with the same month of last year. Imports, on the other hand, were up 2.93%.
The Brazilian agricultural Gross Domestic Product was down 7.3% in the first quarter compared with the preceding quarter. Activity was up 1.7% in industry and 0.6% in services.
OECD, WTO and Unctad report shows that that there has been no reduction in trade barriers. To the organisations, trade opening is essential for a return to growth.
Promoted by the World Tourism Organization and the World Tourism and Travel Council, the forum will be held on June 5th and 6th. The aim is to look into current opportunities in the industry.
The reduction was recorded in April as against March, according to the IBGE. Regarding the same month last year, there was 2.9% reduction.
Foreign sales of Brazilian capital goods generated revenues of US$ 3.9 billion in the last four months. Logistics and civil construction products that answered to the greatest share.
The Libyan Central Bank has announced the lifting of the ceiling for cash withdrawals at the country’s banking institutions. The measure becomes effective as of this Wednesday (30th).
From May 1st to 25th in Brazil, the outflow of dollars exceeded the inflow, according to the Central Bank.
