After five weeks stable, financial institutions have revised down their estimates for the growth of Brazil’s Gross Domestic Product in 2013, according to a Central Bank survey.
Kenana Sugar Company plans to increase capacity from 65 million to 200 million litres a year. The company is eyeing Brazilian suppliers of machinery and equipment.
The General Union of Chambers of Commerce for Arab Countries is promoting a conference on the topic in Khartoum, Sudan. The country offers an alternative for investment in agriculture.
The growth of the economy of the Arab country was boosted by oil, expansion in the non-oil sector and by greater government spending.
The fluid catalytic cracking refinery should be built in the Emirates and should start operating in 2015. The process speeds up fuel production from heavy oil.
The bus manufacturing company will start shipping units to Kenya in September and then it will sell to Arab countries. The goal is to cater to the Middle East and North Africa with the output from its unit in Suez.
In 2030, developing nations should concentrate US$ 158 trillion, 50% of the global capital stock. Latin American and Asian countries will have the lions share. The information was disclosed by the World Bank.
The acoustic guitarist Elfateh Hussain will be an attraction of Virada Cultural, an event due to take place at several spots in São Paulo over the weekend.
There are 271,000 unemployed persons in the Arab country. Among youths aged 20 to 24, the rate is 41.1%.
New rules issued this Friday (17th) reduce the number of documents required from workers, and allow for masters and doctoral students to obtain temporary work visas to Brazil for up to 90 days.
On meeting ambassadors, mayor José Fortunati agreed to work for exchange between Brazilian and Arab cities. Fortunati heads the National Mayor Front. The diplomats are on a mission in Rio Grande do Sul.
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.
The 2013 forecast has been released by Brazil’s Ministry of Agriculture, according to which this is the country’s highest GPV ever. Items whose prices have gone up the most include tomatoes, potatoes and oranges.
Kenya’s former minister of Commerce Mukhisa Kituyi has been appointed by the United Nations secretary general Ban Ki-moon.
