Brazilians expected to spend less celebrations

first_imgRio de Janeiro, June 12: Some 24 per cent of consumers plan to buy products over the next few weeks to celebrate the 2018 FIFA World Cup in Russia, well below the 50.1 percent who spent money on the 2014 World Cup in Brazil, according to the results of a survey released Monday by the Brazilian Business Confederation. “In addition to there naturally being less enthusiasm among the people for a World Cup played abroad, the situation among consumers is less favorable in 2018 than it was four years ago,” Brazilian Business Confederation economic unit chief Fabio Bentes said in a statement. Brazil’s economy contracted 3.5 per cent in 2015, the worst performance in 25 years, and another 3.5 per cent in 2016, marking the first time since 1931 that the gross domestic product (GDP) fell for two consecutive years, Efe reported. IANSlast_img read more

Press Conference: Ghana FA to address media on recent happenings In Football

first_imgThe Ghana Football Association (GFA) is holding a press briefing on Friday at 1pm at the GFA secretariat to address the media on recent events in Ghana football.The briefing will take place immediately after the FA’s Executive Committee meeting.It will address issues on Ghana’s 2014 World Cup money, the First Capital Plus Premier League and other key issues affecting the game.You are kindly invited to attend the event at 1pm today at the GFA conference room and also to get all the answers to your pertinent questions concerning the country’s continues problem in the game Football..last_img read more

Coomacka loggers protest “unfair treatment” by Chinese company

first_imgSeveral workers attached to a Chinese logging company, Ping Establishment, at Coomacka Mines on Friday protested numerous alleged actions by the company which they deemed not to be in their favour.The protesters in front of Ping Establishment at Coomacka Mines on FridayThe workers who held a peaceful demonstration outside of the company situated in the Upper Berbice River displayed placards bearing slogans such as “More Money”, amongst others as they accused the company of “taking advantage of workers’” rights.The workers’ main concern is their payments. One protester stated, “when we talk for we rights they want tell we ‘go home’ and don’t come back”.Meanwhile, Chairman and Councillor attached to the community, Dexter Harding, who was present at the protest line noted that he has contacted Region 10 (Upper Demerara-Berbice) Chairman Renis Morian with regards to the situation and he is expected to make representation on behalf of the workers on Monday.Harding urged support for the workers as he also pledged his support to look into their concerns.“Every Guyanese need to be supported when we are being treated wrong and more so this [is] our resource. Forest is a Guyanese resource and we need to be treated right in our country… I made contact with the Regional Chairman and we’re going to have on Monday, full representation from the Union and from Labour and the many other agencies…We need to have folks supporting and more so representing us here in Coomacka. I will not see that they be ill-treated”, Harding said.last_img read more