East Timor’s President has confirmed former health minister Rui Araujo as the new Prime Minister of the country, the Government said on Tuesday.

China’s economic growth will slow to 7.1 percent this year, as the market demand remains sluggish while the Central Government pushes forward with reforms, said a state-run think tank.

The new national plan on exports, being drawn up by the Government of Brazil, will be published in March, said the Minister of Development, Industry and Trade, Armando Monteiro Neto. It will focus on finding new markets for Brazilian exports and on cutting bureaucratic procedures, he said, quoted by news agency Agência Brazil

Angola’s amended State Budget proposal for 2015 includes cutting public spending by a third and reducing estimates for GDP growth to 6.6 percent, local media report.

Portugal’s total exports grew last year but the expansion rate slowed compared to 2013, data from Statistics Portugal showed on Monday.

China’s foreign trade dropped by 10.8 percent in January after the steepest decline in imports in nearly six years, figures from the Chinese General Administration of Customs show.

China will send a permanent mission to the headquarters of the African Union in Addis Ababa, capital of Ethiopia, reported China’s state-owned English-language newspaper China Daily.

The Government of Angola chose Goldman Sachs to lead a group of international banks allowed to act as agents in “representation of the Republic of Angola” in negotiation of its sovereign debt. The group includes the Industrial and Commercial Bank of China (ICBC) and BNP Paribas, according to a presidential decree from Angola seen by Portuguese news agency Lusa.

The European Union (EU) on Thursday raised this year’s growth forecast for Portugal.

China has offered a total of 370 computers to the Government of Guinea-Bissau, a statement from the Chinese Embassy in Bissau, the African country’s capital, said on Tuesday.

East Timor’s Prime Minister Xanana Gusmão has tendered his resignation to President Taur Matan Ruak.

Brazil’s commodity price index recorded a monthly drop of 5.14 percent in January.