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But the Deputy Minister of Economic Development said it was unlikely that the economy would fall into recession.
Chinese and American Defense Chiefs held talks in Beijing this morning.
The 2013 Confederations Cup boosted Brazil's GDP by $4.37 billion, says a new report.
BRICS fear that a revived Cold War in the wake of the Crimean crisis could jeopardize the rise of new world governance, says Georgy Toloraya.
The reserves for March dropped $7.2 billion, or 1.5 per cent, said the Central Bank.
Between 2001 and 2012, fortunes appear to have shifted for some of the traditionally more powerful African dynamos.
Over 7.6 million Indians will vote today that flags off the first phase of India's national election.
21,000 people had to be relocated as the quake left houses flattened, transport suspended.
The VP met in Washington with former Hong Kong government legislators Martin Lee and Anson Chan.