Watch in this episode: 9th Arab World Film Festival; Brazilian Halal beef; debate on Egyptian cinema; The 156 String Duo; and Rio de Janeiro’s Pão de Açúcar, or Sugarloaf.
Author: From the Newsroom
Brazil’s Geography and Statistics Institute estimates a 198.3 million-tonne cereal, oilseed and legume harvest next year. The National Supply Company expects a 194.39 million to 199.97 million-tonne yield in 2014/2015.
Exports from Brazil grossed US$ 4.219 billion last week and imports amounted to US$ 4.966 billion, resulting in a deficit of US$ 747 million.
The AKS Saeed Saudi Arabia group will build a sugar processing unit in the Arab country and expects one tonne of the product to be supplied from Brazil.
Brazilian sales to the region declined in volume and revenue year-to-date through October. Total coffee exports, however, have increased.
The summit which is comprised of the world’s leading economies will have on the agenda a global initiative to present projects to investors.
The region accounted for 4.7% of the company’s revenue from foreign markets in January through September. In the equivalent year-ago period, the region’s share was 3.7%.
As per the Brazilian aircraft manufacturing company’s quarter three balance sheet, losses amounted to US$ 9.6 million. Revenues were lower than in the preceding quarter.
Fashion Label Brasil was launched this Wednesday by sector association Abest and export promotion agency Apex-Brasil. The goal is to showcase innovation in Brazilian fashion and boost exports.
According to the Fund, the country is capable of withstanding plummeting oil prices. Real estate prices are beginning to level out following a surge.
An International Monetary Fund mission visited the Arab country and recommended an adjustment on expenditure in order to avoid imbalance in the local budget. Current account deficit should grow by 10% this year.
Brazil’s Agriculture Ministry believes the grain will see a 7.3% increase in output and 4.3% foreign sales growth next year. Measures will be taken to ensure transportation and increase capacity at North ports.
It was the worst result for the month of October since 1998. Exports grossed US$ 18.3 billion and imports amounted to US$ 19.5 billion.
The goal of the Ministry of Agriculture, Livestock and Supply is to vaccinate 150 million heads of cattle and buffaloes.
