The China Development Bank (CDB), one of the two banks of Chinese development, and Brazil's Petrobras today announced an agreement to open a credit line of 3,5 billion dollars for the oil company.
In a brief statement, without specifying the details of the agreement, Petrobras reported that "the parties confirmed the intention to develop a new partnership in the future."
economics
The Secretary General of the United Nations (UN), Ban Ki-moon said today that 8400 million dollars are needed to meet the humanitarian needs in Syria.
During the Third International Donors Conference for this Arab country, held in Kuwait with the participation of 67 countries and numerous humanitarian organizations, Ban Ki-moon warned that "the Syrians are victims of the worst humanitarian crisis of our time".
The US Treasury Department on Tuesday excluded many people and companies linked to Cuba from its list of sanctions, as part of the process of rapprochement initiated by the United States and Cuba after half a century of isolation.
In a brief statement, the Office of Foreign Assets Control (OFAC) of the Treasury reported that from the sanctions list 6 persons, 28 companies and 11 naval vessels have been removed, including vessels operating under Cypriot flag.
Faced with the collapse of the Ukrainian economy, the West only offers promises, says US expert.
"We have lost a quarter of the national economy," said Yatseniuk at a meeting with governors.
He further stated that hundreds of companies had to close, although Ukraine has collected more in taxes this year than in 2014 and there were no delays in social payments.
If we take into account the February inflation rate of 1.22%, Brazil has accumulated over the last twelve months 7.7%, exceeding the fiscal target set by the government of Rousseff and has reached the worst figures in the last ten years.
Gasoline rose 8.42% last month, ethanol 7.19% and diesel 5.32%, these increases have helped to push overall inflation. Public transport and education have also risen last month. In the regular courses, the monthly rise has accounted to an average of 7%.
The month of January was a taste of what awaits us this year in terms of revenue. The 47 percent drop in oil exports, which amounts to a loss of 812 million dollars, could not be compensated by the 15.3 percent increase of automobile exports in the first month of 2015.
MOSCOW -- Russia, holder of the world's fifth largest stash of foreign currencies, is increasing its gold purchases. One reason for this is the country's increasing wariness of the dollar and euro now that Russia has come under U.S. and European sanctions over the Ukraine crisis. Another reason is that these currencies are becoming increasingly risky to hold due to the swelling debts of the governments that back them.
Counsellor of the Russian Embassy in Mexico for Economic Affairs Nikolai Shkolyar: 'Development of the export support strategy is necessary for effective promotion of Russian products abroad'
Rubén Beltran, Ambassador of Mexico to the Russian Federation from January, 2013. A diplomat by education, he started his career in the Mexican diplomatic service in 1981. Among other positions, he headed General Consulate of Mexico in New York (2007-2010), General Consulate of Mexico in Phoenix, Arizona (2001-2003) and was deputy secretary on Latin America and the Caribbean.
Today, Helicopter engineering is one of the leading and most stable sectors of the Russian economy. This high-tech and knowledge-intensive industry maintained its competitiveness both in difficult post-Soviet times and during the global financial crisis.