Hungary's Aluinvent open to investor offers
News from Emerging Markets
The Russian central bank has raised the offering limit for its currency swap deals to U.S. $10 billion from $2 billion to reduce interbank loan interest rates, the central bank said in a statement late December 19.
Economists are projecting around 2 percent GDP growth in Lebanon for 2015, while citing several factors that may push it higher despite long-standing political and security crises.
Brazil's Central Bank has acknowledged that imports in 2014 will exceed exports for the first time since 2000, resulting in an estimated USD 2.50bn (EUR 2.04bn) deficit.
Chasing the magic figure of $ one trillion, retail industry has managed to cross the halfway-mark this year, even as the traditional brick- and-mortar retailers face a new challenge from online players while entry of Walmarts of the world hangs in balance.
Vesta has announced investments of USD 170mn (EUR 138.33mn) in industrial parks and other corporate premises in Guanajuato in the coming three years. The firm's main focus is the car industry at the moment. Vesta will build use 47,000 hectares in Guanajuato inland port and 36,000 hectares in the industrial area in San Miguel de Allende.
Inter RAO-Export, a unit of major Russian power holding Inter RAO, will take part in building of the Chiuido-1 hydropower plant in Argentina, Julio de Vido, Argentina's minister of federal planning, said late December 19, announcing results of a tender for the plant construction.
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