Archive for June, 2016

Vietnam Development “Impressive” Says IMF

Comments Off | 06-29-2016

Vietnam is one of the world’s fasting growing economies, not least due to decisive reforms the communist government have laid out in recent years. President Barack Obama will witness this first hand when he visits the S.E. Asian state in late May.
London, England, June 29, 2016 -(PressReleasePoint)- The country has received glowing commendations from the [...]

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Millennium Challenge Corporation Announces Nearly $100 Million Investment in a New Model for Secondary Education

Comments Off | 06-29-2016

Announcement made during First Lady Michelle Obama’s Let Girls Learn Visit to Morocco
WASHINGTON, D.C., June 28, 2016 – The U.S. Government’s Millennium Challenge Corporation (MCC) today announced a nearly $100 million commitment toward a new model of secondary education in Morocco. This investment is included as part of MCC’s Employability and Land Compact grant agreement [...]

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FLIR Systems Acquires Armasight, Inc. for $41 Million

Comments Off | 06-29-2016

WILSONVILLE, OR — ( d) — 06/28/16 — FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has acquired Armasight, Inc., a leading developer of precision sporting, hunting, and military optics products, for approximately $41 million in cash.
Armasight, based in San Francisco, is a global leader in night vision, thermal, and daylight imaging products for [...]

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Foreign tourists spend more in Brazil in 2016

Comments Off | 06-28-2016

Tourists from other countries have spent more money in Brazil. According to information released by the Central Bank, on Friday (24), spending by foreign visitors rose 4.08% compared to May 2015. The costs of the relevant public in the country totaled US $ 434, against US $ 417 million last year.
In the evaluation of the [...]

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Brazil and Argentina renew automotive agreement by 2020

Comments Off | 06-28-2016

Brazil and Argentina renewed by 2020 the automotive agreement between the two countries, which would win on 30 June. In a statement issued by the Ministry of Industry, Trade and Services, on Saturday (25), the government informs that has kept the system flex, which provides that Brazil can sell tax-free, at most, $ 1.5 for [...]

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Cinepolis Uses Elemental Cloud from AWS for Fast-Growing OTT Service

Comments Off | 06-28-2016

Elemental Technologies, the leader in software-defined video solutions, today announced that the Cinépolis KLIC transactional video on-demand (TVOD) service uses an integrated solution from Elemental and Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN). Cinépolis KLIC employs the cloud platform to tap into Mexico’s over-the-top (OTT) TV and multiscreen market – which is the [...]

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Brazil has to face external security instabilities, says Finance

Comments Off | 06-27-2016

The Ministry of Finance said, Friday (24) that Brazil is prepared to cross safely periods of external instability.The evaluation was made after the decision by the UK to leave the European Union.
In a statement , the Pasta estimates that Brazil’s situation is of solidity and security because the fundamentals are robust. These fundamentals are mechanisms [...]

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Domestic investment needed for U.S. farmers to take full advantage

Comments Off | 06-27-2016

U.S. soybean farmers now have access to faster and more efficient waterway transportation when delivering U.S. soy to international end users, but investment in U.S. inland-waterway infrastructure is required to optimize these efficiencies.
The long-awaited Panama Canal expansion opened today, doubling the waterway’s capacity. The new, larger lane allows more freight to be loaded on each [...]

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In a meeting with major retailers in Brazil, Marcos Pereira signals advances

Comments Off | 06-27-2016

The Minister of Industry, Trade and Services, Marcos Pereira, was received on Friday, in São Paulo, for a lunch with representatives of the Institute for Retail Development (IDV). He received demands of the sector, one of the most employed in Brazil, and spoke of the attitudes that have taken this a little over a month [...]

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ECB reinstates waiver affecting the eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations

Comments Off | 06-24-2016

• ECB’s Governing Council reinstates waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic, subject to special haircuts
• Waiver will enter into force on the next MRO settlement date (29 June 2016)
• Governing Council acknowledges the commitment of the Greek government to implementing current ESM programme and expects continued compliance with [...]

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