Published on Feb. 5, 2013
This year 2013 has been declared the bilateral year the Netherlands - Russia (NLRF2013), a year in which both countries emphasize in their long bilateral relations offering an ambitious programme with a variety of economic, cultural and sociketal activities. Russia and the Netherlands are celebrating 400 years of diplomatic ties.
For obtaining more information about the different activities, please visit the official website: http://www.nlrf2013.nl/
Published on Jan. 14, 2013
Published on Jan. 14, 2013
Published on Nov. 7, 2012
The Euro-American company Nyse Euronext, who operates New York Stock Exchange (NYSE) with divisions located in Paris, Amsterdam, Brussels and Lisbon, announced its firmly intention to enter in the Brazilian market on Monday.
Nyse has signed an agreement with the Brazilian ATG to create an Stock Exchange called ATS, which will be located in Rio de Janeiro. Both companies will invest 100 million reais each, in order to start up the business by the end of 2013 or in early 2014. A goal has been set of achieving between 10% and 15% market share after a year.
Dominique Cerutti, Nyse CEO, stated that the Brazilian market has room for new players and this initiative won’t try to steal the ...
Published on Nov. 3, 2012
The Russian Government will set in spring its targets for their first Winter Olympic Games, to be held in Sochi in 2014.
The classification rounds have already been started and some of the competitor got their own place for the Olympics. Albert Demchenko, luge pilot and three-times gold medalist, is among them.
Besides, the facilities are already under construction. The bobsled and luge track, 70% completed and expected to be finished next year, will be the longest in the world and at 1.8 kilometers.
The first international competition to be held in these facilities is the World Cup, which will take place in February, as well as the Olympics.
Sochi will also hold the Paralympic Games in March that ...
Published on Oct. 29, 2012
Brazil is concerned about dollar’s value, since it is a reference for their own economy. The Brazilian Government set one dollar must be worth at least two reais.
However, this balance has been altered by the US Federal Reserve, who has been issuing dollars lately, and the Brazilian economy, strengthened over the last months.
In order to prevent the devaluation to continue, the Central Bank of Brazil announced that it would buy up to 1,500 million dollars though contracts maturing in December 2012 and January 2013.
Brazil will offer 30,000 inverse exchange rate swap contracts to help the dollar not to reach the limit previously established.