4G mobile network to boost Angola’s economic development

Skyscrapers being built in Luanda

Skyscrapers being built in Luanda

Angola has made enormous strides in rebuilding its economy, which is expected to grow by around 8 percent this year.

Much of that is due to Angola’s enormous oil reserves, it’s now the second biggest producer in Africa.

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Facebook valuing itself between 85,000 and 95,000 million Dollars

Mark Zuckerberg, CEO at Facebook

Mark Zuckerberg, CEO at Facebook

Facebook has set the price for its upcoming initial public offering at between 28 and 35 Dollars per share.

The firm will sell around 10 percent of the business valuing itself between 85,000 and 95,000 million Dollars.

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Mario Draghi pushes growth agenda

Mario Draghi in European Central Bank headquarters

Mario Draghi in European Central Bank headquarters

Mario Draghi, head of the European Central Bank, has said that governments must push growth.

He argued European Union has to put growth back at the centre of the agenda, but not at the expense of bringing down deficits.

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Temasek to disinvest in Chinese banks

Temasek's office in Singapore

Temasek's office in Singapore

Temasek seeks to sell 2,400 million Dollars worth of its shares in two Chinese banks.

Singapore’s Temasek Holdings is looking for an investor willing to buy shares in Bank of China and China Construction Bank.

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#novullpagar (#idontwanttopay)

Some Catalan drivers in the toll gate

Some Catalan drivers in the toll gate

Today thousands of Catalan drivers drove up to the toll gates and said “No vull pagar” (I don’t want to pay).

The #novullpagar initiative is aimed at the decompensate presence of toll highways in Catalan Countries compared to other regions in Iberian peninsula.

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Bolivia nationalizes electric power company

Evo Morales announcing nationalization

Evo Morales announcing nationalization

Evo Morales, president of Bolivia, has nationalized a Spanish-owned electric power company.

Last month Cristina Fernandez, president of Argentina, ordered to take over the Spanish-owned oil company YPF.

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Malaysia fixes a minimum wage

Najib Razak, Prime Minister of Malaysia

Najib Razak, Prime Minister of Malaysia

Malaysia has introduced a minimum wage for the first time in its history after some years of economic development.

Malaysia, South East Asia’a third-largest economy, has set a target to achieve rich nation status by 2020.

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Bank of Japan on stimulus plan to boost economy

Japan notes in bank office

Japan notes in bank office

The Bank of Japan announced a new stimulus programme in a bid to boost the country’s economic growth.

It is the second time over the last two months that Bank of Japan announces a stimulus programme.

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Barcelona harbor becomes the largest logistics platform for oil in the Mediterranean

Meriol's tanks in Barcelona harbor

Meriol's tanks in Barcelona harbor

Meroil Tank’s investment made the Port of Barcelona the main oil platform in the Mediterranean Sea.

Furthermore, Barcelona Harbor has enlarged and deepened its docking capacity, becoming the only Mediterranean centre able to host the largest and deepest oil tankers.

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Guardiola’s reign near to end

Pep Guardiola after winning World Cup

Pep Guardiola after winning World Cup

Pep Guardiola is leaving FC Barcelona on June 30th after four years in charge and a full succeeded performance.

13 titles won and a 72 percent win rate are just a few of Pep Guardiola’s stats since his took charge of FC Barcelona. Continue reading

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