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Brazil Cuts Interest Rates to Record Low to Stimulate GDP Growth
As less consumer spending and lower business confidence cause the Brazilian economy to slow, President Rousseff looks to boost growth by cutting and simplifying taxes while the Central Bank cut interest rates. President Rousseff just met with Prime Minister Cameron
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EDFI: Africa and Energy Access – Financing Impact
Energy is arguably one of the major challenges the world faces today. For those living in extreme poverty, the lack of access to modern energy services dramatically affects health, limits opportunities and widens the gap between the Haves and Have-Nots.
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Brazil’s Salvador with Major Construction Ahead of World Cup 2014
Salvador will host at least three of the main teams that qualify for the 2014 FIFA World Cup. In the group stage, the city will be the stage of four matches. Three of them will involve the seeded teams from
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Brazil’s World Cup Host Cities Will Have Additional Funds for Investing in Tourist Infrastructure
Resources from the Ministry of Tourism will be used for implementing tourist information centres, as well as putting up street signs and accessibility related construction works. Less than seven hundred days away from the beginning of the 2014 World Cup,
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Brazil Oil Leak to Cost Chevron $25 million
Brazil’s National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais (approximately $25 million) for an oil leak at an offshore field last November. The U.S. oil producer was found to have committed 25 rules
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Enterprise Europe Network: Helping SMEs Realise their Potential
Small businesses looking to succeed in today’s market need to trade across borders, invest in research and development and access finance and funding. A unique business support network set up by the European Commission and operating in 50 countries helps
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World Bank Group: Create Jobs by Focusing Industries to be Competitive
Focusing Investment in Industries Poised for Growth Can Help Generate Jobs, Income and Wealth. By Janamitra Devan Job creation is the top priority of governments worldwide, as countries large and small struggle to overcome the prolonged global economic downturn. Amid
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European Council’s Van Rompey: Europe Must Overcome Crisis to Defend Democratic Values
European Council President Herman Van Rompuy’s speech “Europe on the World Stage” recently given in London emphasized the complete change of the global landscape, identifying three main trends: “One: the stage is getting more crowded. Two: the public comes closer to
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WTO: The Changing Nature of Global Trade
By DG Pascal Lamy Although global supply chains have been with us for several decades, their increasing prominence is rapidly changing the landscape of international trade in ways which will require fresh thinking about how trade affects national economies and
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Itaú Unibanco Forms JV With Banco BMG
Itaú Unibanco announced on Tuesday an agreement with the Banco BMG to offer, distribution and marketing of payroll services. The joint venture will be called banco Itaú BMG Factored, and Itaú Unibanco will hold the control with 70% of the
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