The company saw an increase in sales and earnings in both regions in the second quarter of this year. Total profit, however, was down 99% to US$ 2.9 million. The enterprise blames the inputs prices.
Author: From the Newsroom
Brazilian shipments generated over US$ 5 billion, with a daily average of above US$ 1 billion, growth of 7.2% over the first week in August.
The figure concerns the institution’s investment forecast for the whole of 2012. The majority of funds will be disbursed in the second half.
A study issued by the Dubai Chamber lists the best markets for the Arab country to resell the coffee it imports. The document also points to Brazil as a potential supplier.
This was the number of mergers and acquisitions which took place in April to June this year, according to a KPMG survey.
According to the Jordanian Central Bank, earnings rose from US$ 1.6 billion from January to July 2011 to US$ 2.1 billion in the same period of this year.
According to a bulletin issued by the International Energy Agency, the country’s output grew at pre-war levels. Iran, on the other hand, had issues stemming from economic sanctions.
Oussama Mellouli won the gold in London. In the games, the other Arab to reach the highest position on the podium was the Algerian Taoufik Makhloufi, in the men’s 1,500 metres.
The World Bank will provide subsidies to fight the dry spell underway in the Arab country. The goal is to ensure food security.
Foreign sales amounted to US$ 429 million in July, a 20% decline from the same month of 2011. The volume shipped, however, was up 0.7%.
The recommendation is by IMF technicians. They, however, praised the country’s action to replace the oil that stopped being produced by nations in conflict.
Brazilian exports and imports declined in the first week of the month. The country posted a US$ 458 million trade surplus over three working days.
The deal with the Moroccans is for US$ 6.21 billion, but the country intends to draw the funds only if the international crisis worsens. Over US$ 2 billion will be made available to the Jordanians.
Next Monday (6th) in São Paulo, the journalist Carlos Abumrad will release the book ‘The Lebanese and Syrians who make Brazil.’
