Guido Mantega stated that Brazil’s financial institutions charge the world’s highest spread and ‘want the bill to rest on the government’s back.’ He is pushing for lower interest rates for financing.
Browsing: Economy
The Egyptian 2005 Nobel Prize winner will participate in the Boundaries of Thinking lecture cycle in São Paulo Porto Alegre. He will discuss issues such as the Arab Spring and atomic threats.
The announcement was made by the president of the National Association of Vehicle Manufacturers (Anfavea), Cledorvino Belini.
The sector posted revenues of US$ 3.5 billion in February, a 9.9% increase over January and a 6.9% increase over February of last year.
The fund is negotiating a US$ 3.2 billion loan for the local government’s economic program. The institution points out the need for ample political support to the success of the plan.
The logistics company of the Emirates invested around US$ 10 million in the port in the capital of Pernambuco state. It manages terminals in Sharjah, Khor Fakkan, Abu Dhabi and Iraq.
The volume carried last year was 25,000 tonnes. SkyCargo, a division of the Dubai-based airline, wants to make Viracopos airport into its ‘mini-hub’ in South America.
A report disclosed by the organisation shows the need for reforms in the management of state-owned organisations in the Arab world, with separation between ownership and regulation.
José Augusto de Castro, acting president of the Brazilian Foreign Trade Association, should speak about the perspectives for global and Brazilian trade on April 17th.
Aircraft manufacturers commit to working together to develop safer and more efficient products.
Brazilian exports outstripped imports by US$ 292 million last week. There was a slowdown in foreign trade volume compared with April 2011.
The agreement was signed with Britain’s Chariot Oil & Gas company, which will produce off the African country’s coast.
The country sold over US$ 1.2 billion to the region in March. Imports advanced 40%, but the trade balance maintained a US$ 415 million surplus.
The capital of the Arab country, Nouakchott, will host the 2nd Maghreb Islamic Finance Forum on April 14th and 15th.
