Sales from Brazil amounted to US$ 14.7 million year-to-date through July, and the Arab country ranked tenth on the list of leading destinations. Overall, exports declined.
Author: From the Newsroom
During the month, the amount of debt owed by consumers in Brazil increased by 4% from June and 11% from July last year.
Brazilian agribusiness exports grossed US$ 9.61 billion in July. Year-to-date, exports are down 0.3%.
The US$ 336 million deficit in the first ten days of the month was the result of US$ 5.455 billion exports and US$ 5.791 billion imports.
Economist Eduardo Gianetti da Fonseca will deliver a lecture on economic perspectives for the country at the organization’s offices on August 19th at 7:00 pm. Registration is open and slots are limited.
Price index calculated by the organization is down 2.1% in July from June. Decline was driven by lower prices of oilseeds, maize and wheat.
Following months of talks, Abu Dhabi’s airline is acquiring a 49% stake in its crisis-ridden Italian counterpart. This and other operations will amount to a combined 1.758 billion euros.
According to consulting firm KPMG, 406 merger and acquisition (M&A) operations took place in Brazil in H1, the second best result for the period since 1994.
The country shipped 820,000 bags of the product to the region year-to-date through July, up 7% from the same period last year. Revenues, on the other hand, were down 13%.
There was an 11.7% increase in July from June. July on July, the demand is down 10.2% due to the current economic scenario.
In a communiqué, Brazilian company claims to have made US$ 160 million bid to hold 75% of the frozen food distribution business of Alyasra Foods.
‘Incêndios’ was written by the Lebanese-Canadian playwright Wajdi Mouawad and will be featured in São Paulo next September, after travelling to several capitals. Marieta Severo plays a Middle Eastern refugee.
Saudi Arabia accounts for nearly half of the total revenue. Giving perfumes as presents on special occasions is a tradition.
International Monetary Fund claims that political problems in the neighbouring country are affecting Lebanon and notes that revising electricity tariffs and broadening the tax base can potentially balance spending.
