The economist and Professor at the University of New York, Nouriel Roubini, said today, in a seminar held in the city of São Paulo, that the country needs heavy investment and less bureaucracy.
The credit represents 45.5% of the 3.4 billion reals to be invested in Pecém Port mill, in Ceará. The project is a partnership between the Brazilian EBX and the Portuguese EDP.
Al Maya group, from Dubai, closed deals for four containers of rice. Company Al Saeed, from Yemen, is returning with business developed. Around 70 companies visited the Arab Brazilian Chamber stand.
In an interview to ANBA, the minister of Culture of Egypt, Farouk Hosni, said the Brazilian support adds weight to his candidacy to the post of director general of the Unesco and brings more support.
The Brazilian was chosen by Algeria to design the South America Arab Countries library, to be based in Algiers. The design was shown yesterday at a meeting of ministers of Culture in Rio de Janeiro.
Brasília – The Brazilian economy is showing "clear signs of recovery", in the evaluation of Central Bank governor Henrique Meirelles. According to him, there are signs of recovery in the demand for goods and services, "due to the strong component of growth in employment and in income in recent years". Apart from that, Meirelles mentioned
Groups from Kuwait and Bahrain are interested in taking café and restaurant franchises to their countries. Representatives of the companies are in São Paulo participating in the Apas supermarket fair.
Lula arrived yesterday in Istanbul, where he met with the Turkish prime minister. Today, the Brazilian president should close a seminar attended by Brazilian and Turkish businessmen.
Items by artist Maqueson Silva, from the state of Acre, crossed the country’s borders 10 years ago. They are sold to Europe, the United States, China, and, since last year, to the emirate of Dubai.
Many translations from Portuguese and Spanish into Arabic and vice versa are underway. The theme was discussed at the meeting of South American and Arab Ministries of Culture, held yesterday in Rio.
The company wants to double in size by 2012, according to group president Ivan Zurita. For this, the company plans to become more aggressive in the commercial area and to invest in new sectors.
The new company, established from the merger of Sadia and Perdigão, was announced yesterday, in São Paulo. Countries in the Middle East are already among the main foreign markets for both companies.
Representatives of Alsaeed Trading Company, who are in São Paulo, believe that by the end of the week they should close a deal with Itambé, one of the main dairies in Brazil.
They are currently in Rio and should meet with their South American colleagues tomorrow to outline a cultural action plan. Nine Arab ministers should attend. A technical meeting will take place today.

