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|RIO DE JANEIRO， Sept. 2 (Xinhua) -- Brazilian Finance Minister Henrique Meirelles said Friday that the country's economy would grow by 2.5 percent in 2018 and would keep the momentum due to the reforms being implemented by the government of the new President Michel Temer.
Speaking at a Brazil-China business seminar in Shanghai， Meirelles said the structural reforms would bring annual gross domestic product (GDP) growth to over 4 percent a year， according to a statement from Brasilia.
Meirelles said Brazil's economy would grow by 1.6 percent in 2017 and 2.5 percent in 2018， added that this was not enough.
"The historic trend of Brazil's potential is to have substantially higher rates. We will work to bring about fundamental reforms so that Brazil can return to having growth rates of over 4 percent， as it had in the past，" said Meirelles， according to the statement.
In his presentation， the minister showed the Chinese audience that Brazil entered into recession due to the expansion of public spending. However， he pledged that the government was reversing this trend， pointing to rising indicators of confidence among the industry and consumers.
Meirelles also assured that the new government is working to bring about a stable macro-economic environment in Brazil， reduce the size of the state， prioritize the efficiency of infrastructure tenders and increase privatization.
Brazil is currently living the worst recession in its history， with its economy having contracted by 3.8 percent in 2015 and expected to shrink by 3.16 percent in 2016. To this can be added a high inflation rate， which led the Central Bank to raise the basic interest rate to 14.25 percent， the highest level in a decade.
TALLAHASSEE Maglia Sime Vrsaljko Inter Milano , Florida, May 9 (Xinhua) -- A Chinese team specialized in Riot Games is paving its way to triumph of a world level contest in Tallahassee, capital of U.S. State of Florida, from Thursday to Sunday.
The five-member team from China has defeated a number of rivals so far, gaining hope to victory for Sunday's final.
Meanwhile Maglia Antonio Candreva Inter Milano , the five Chinese youth in their 20s have brought an exciting atmosphere of the popular PCMac video game "League of Legends" (LOL) to the city in the form of the five-day tournament dubbed the Mid-Season Invitational.
Besides the Chinese team, the competition includes another five of the world's best professional video game teams from across the globe. It's effectively a six-team regional battle with champions from North America, South Korea, China and Europe meeting up to wage war in a fantasy realm.
Video gaming is intensely popular in Asia and beyond, and amateur gaming tournaments have been around for a while. But the last decade has seen a rise in popularity and the creation of professional gaming. ESPN has even televised the competitions in a segment of the entertainment industry dubbed "e-sports."
Last year's LOL World Championship in Seoul Maglia Marcelo Brozovic Inter Milano , South Korea, had 32 million viewers worldwide watching online. This year's World Championship will have group phases in Paris, bracket stages in London, and then conclude in the finals in Berlin.
And Tallahassee was the recipient of the first-ever Mid-Season Invitational of LOL, which would be like the champions of various soccer leagues: English Premier League Maglia Tommaso Berni Inter Milano , Spanish La Liga, Colombian Liga, getting together to determine bragging rights.
According to Bowman, the weekend tickets were sold out at a capacity of 4,000 Maglia Ivan Perisic Inter Milano , and attendance for the first days was over 2, 000.
Much of the crowd has come from outside Tallahassee in anticipation of seeing the showdown talked about for months on fan message boards.
"It's great to have the teams coming, for the first time, to the East Coast of the country. They are excellent," said Jason Dorrison Maglia Milan Skriniar Inter Milano , a LOL fan coming from Orlando.
For local officials and residents in Tallahassee, an expectation is being laid on the contest that will help push the city to the international stage.
"They (previous LOL competitions) have been in Paris, Milan, Seoul. For a little sleepy town to wake up and be a part of the world stage really brings us into a new era on how we do business here," said Terel Bowman Maglia Danilo D'Ambrosio Inter Milano , Director of Event Services for the Civic Center, where the competition was being held.
Three broadcast channels are being adopted to allow LOL fanbase to watch the events in Tallahassee globally: one for the U.S. which was sent to a studio in Los Angeles, another to South Korea and a third directed to China.
The prize pool for the LOL Mid-Season Invitational is 200,000 U. S. dollars, with the champion team winning a reward of 100 Maglia Dalbert Henrique Inter Milano ,000 dollars. The prize money for the 2014 World Championship was 2.1 million dollars.
Gaming now has not only becomes a booming and formal business, but also respectable and rich. In general, a professional gamer earns approximately 70,000 dollars a year on sponsorship deals and another 70,000 dollars in prize money.
It may not have its professionals stick out as visibly in public as the NBA Maglia Daniele Padelli Inter Milano , but LOL has definitely attracted more and more young people across the world, injecting vigor into the sector for a prosperous future.
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