Pre-release Sky Spa Residences at Natal's most élite private resort
Unique opportunity to become part of the finest and most exciting 5-star hotel branded resort on Brazil's north-east coast. Register your interest for our upcoming Sky Spa Residences with private jacuzzis, luxurious furnishings and lagoon style pools in this most special of places, the most dramatic and beautiful location on Natal's northern shores.
Pre-release registrations only can secure units for £98,000.
Brazil Property News: Brazil's economy 'will expand 5%' next year'
22nd October 2007 01:40
Brazil's economy will expand by five per cent next year, according to a cabinet minister.
Guido Mantega, the Brazilian minister for finance, made the claims to reporters in Washington following reports that Brazil's economy has increased by 4.8 per cent so far in 2007.
Mr Mantega added that the country's planned sovereign wealth fund would only buy securities of "first rate" countries, reports Bloomberg.com.
The fund would allow Latin America's largest economy to enter into safe but higher-yielding investments and Brazil is believed to be considering setting aside as much as 15 per cent of its reserves for the fund.
Earlier this month Luiz Carlos Mendonça de Barros, a one-time minister in the Brazilian government, claimed that in the next few years foreign reserves should become greater than foreign debt, due to an increase in the Brazilian trade balance surplus and good commerce relations with China.
Mr Barros, now a hedge funds manager, also highlighted the recent increase of the minimum wage in Brazil as another indicator of good economic health.
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