Airports in the major cities of Brazil that will be hosting the World Cup in 2014, and the Olympic Games in 2016, are working at their maximum capacity and eight of them are described as “in the edge of operational collapse” according to a report from the Applied Economics Research Institute in Sao Paulo, IPEA.
The Inter American Development Bank, IDB, is ready to disburse 10 billion US dollars in loans to Latinamerica during fiscal 2010, said the bank’s president Luis Moreno.
China warned that Europe's struggle to contain soaring debt posed a risk to global economic growth, raising the spectre of a double-dip recession.
German President Horst Koehler unexpectedly resigned due to a storm over comments he made about military action abroad in a move that could cause conservative Chancellor Angela Merkel a headache.
The United Nations Economic Committee for Latinamerica and the Caribbean, Cepal, anticipates that growth in the region will be less than in previous years because of the economic downturn in developed countries but the tendency should not influence Brazil, the region’s largest economy.