Diplomat Roberto Abdalla will take charge of the Brazilian embassy in Kuwait in October. One of his objectives will be to attract Kuwaiti investment into Brazil. His grandparents were Lebanese.

The chief economist at the Fund, Olivier Blanchard, said that maintenance of the process depends on changes in the growth strategies adopted by countries up to present, especially the US and China.

Revenues from online sales totalled US$ 2.5 billion in the first half. The main items sold were books and subscriptions to magazines and newspapers. Household appliances were a highlight as well.