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).
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From May 1st to 25th in Brazil, the outflow of dollars exceeded the inflow, according to the Central Bank.
A municipality in the state of Ceará is home to a furniture manufacturing hub, focusing on tubular pieces. The enterprises received training from the Sebrae and wish to export.
Brazil’s foreign office released a document clarifying doubts and making recommendations to those who wish to try living outside the country. The aim is to spare Brazilians of unpleasant experiences.
Survey conducted by Serasa Experian shows 0.8% pickup in Brazilian economic activity in quarter one as against the last quarter of 2011. Decline in exports and investment weighed down on performance.
A Central Bank survey shows that financial analysts have revised the growth expectancy down from 3.09% to 2.99% from one week to the next.
João Cândido, commissioned by the Petrobras subsidary, is capable of carrying one million oil barrels. The vessel was meant to be delivered in 2010.
The Fund has approved a US$ 9.5 million loan to the Horn of Africa country. The amount is part of a US$ 33.9 million line of credit resulting from an agreement signed in 2008.
The inflow funds to the Brazilian productive sector stands at US$ 2.1 billion year-to-date as of May 22nd and should reach US$ 3 billion by the 31st. In April, the total was US$ 4.67 billion.
The hydrocarbons have been found in an area drilled by Repsol, Statoil and Petrobras. According to the Spanish company, this among the most important discoveries in 2012.
The balance of payments of Brazil registered a negative result of US$ 5.4 billion, the highest value ever recorded in the month.
The foreign currency outflow from the financial market reached US$ 5.2 billion from May 1st to 18th.
The conclusion was reached in a report made by 10 organisations and disclosed by the OECD. On the other end, closed markets suffocate growth and press the labour market.
The first round of elections for president in Egypt will take place this Wednesday and Thursday. Voters will choose from among 12 candidates, including former Arab League secretary general Amr Mussa.
