The combined returns of 316 Brazilian enterprises reached US$ 13.3 billion in quarter two, as against US$ 25.1 billion in quarter two last year. Only 10 out of 24 sectors surveyed saw profits rise.
Author: From the Newsroom
The recommendation is by the IMF, which disclosed information about the local economic situation. The institution evaluates that the country managed to reduce drought effects and increase revenues.
Brazilian exports of the product to Saudi Arabia were up year-to-date as of late July. The Arab country imported shoes at prices 7% higher on average.
Christine Lagarde will arrive in Cairo next week. According to the institution, the reason for the visit is the ‘support’ the Fund has provided to the country during the transition process.
The sector exported the equivalent of US$ 9 billion. The highlights were maize, whose sales were up 431%, and soy, up 23.5%. Egypt ranked among the leading target markets.
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.
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.
