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.
Browsing: Economy
In the fourth week of September, Brazilian exports reached US$ 5.1 billion and imports hit US$ 5.7 billion.
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.
This is the value of net inflow in foreign currency in Brazil in September, up to the 21st, according to the Central Bank.
Straight out of Rio de Janeiro, accessory brand Zóia invests in differentiated items in jewellery and costume jewellery. It wants to gain the world with products made from innovative raw materials.
The Brazilian state-owned company informed that the reduction was due to maintenance at rigs. The volume of gas extracted, however, has climbed.
São Paulo-based men’s shoes manufacturing company Sollu has just broken into the Arab market. It has clients in Saudi Arabia and the Emirates, and is already planning on boosting its exports.
The Brazilian Central Bank sold 55,075 exchange rate swap contracts, an operation equivalent to future market dollar sales. The sale amounted to US$ 2.7 billion.
Businessman Lourenço Chohfi was honoured by the organisations, which he presided, in São Paulo, on Wednesday, for the work he has done and the example he has given to the community.
The Getulio Vargas Foundation (FGV) and Ernst & Young estimate that oil and ethanol prices should rise by 43% and 126%, respectively, during this decade, thus limiting global growth.
The figure is the difference between foreign currency inflow and outflow in Brazil up until September 16, according to the Brazilian Central Bank.
