Brazil’s economy is likely to grow by 4%
“Brazil’s economy is likely to grow by 4% coming into the second half of the year” Says Alexandre Tombini, president of Brazil’s Central Bank. Brazil is a very much closed economy and only 12% of GDP accounted for is in exports. Whilst the global crisis has had some affect on Brazil’s economy, payroll tax breaks and drastically cut interest rates …
Read MoreHalifax Real Estate Market “Unbelievably Hot”
Low inventory and strong demand are pushing up prices in the already hot Halifax real estate market. In the last quarter of 2012, the average price for a detached bungalow rose 7.3% to $285,833, according to a Royal LePage survey recently released. “The housing market is unbelievably hot,” said the Royal LePage real estate broker, Matt Honsberger. He said some …
Read MoreOttawa signs $9.3M shipbuilding contract with Irving
[HALIFAX, NS] — The federal government has signed a $9.3-million deal with Irving Shipbuilding to get started on the navy shipbuilding contract in Halifax. Defence Minister Peter MacKay says the contract will allow the shipbuilding company to review the design and devise a construction plan for the Arctic offshore patrol ships. Those are the first vessels expected to be built …
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