Talks held in Munich, Germany, will lead to a taskforce being formed to pave the way for a ceasefire in the Arab country.
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The decline is a result of weather conditions in Brazil during the second half of 2015 and cheap commodities. A rebound is expected starting in July, according to the exporters association Cecafé.
In the first month of this year, Brazil shipped 97,394 tons of the product abroad. Revenues dropped 13%. Egypt stepped down its imports by 14.6%.
The International Monetary Fund acknowledges that local authorities have succeeded in preventing a high budget deficit, but claims the conflict with Israel and slumping donations hamper development.
In the Brazilian Mid-South, the industry crushed 599.87 million tons of sugarcane by February 1st, up 5.22% according to industry association Unica.
In the first week of February in Brazil, exports fetched USD 3.6 billion, with imports amounting to USD 2.4 billion. The resulting surplus stood at USD 1.16 billion.
Via the IFC, the institution is lending USD 7 million to the Lebanese Leasing Company for renewable and energy-efficient projects. The Arab country is dealing with power shortages.
The index from think tank Fundação Getulio Vargas climbed from 44 to 47 points between October 2015 and January 2016. The increase was driven by future expectations.
B Moda, owned by Bia Adem, carries skirts, dresses, jackets, trousers, shirts and even furs. The items, purchased by the store owner herself in countries like Turkey and Norway, are for women of all ages.
Foreign sales declined in volume, but revenues went up due to the rising United States currency. Export numbers were released by the National Supply Company.
Exports of agriculture and livestock products from Brazil to the region fetched USD 461.3 million in January, down 29.5% from January 2015.
Institutions polled by the Brazilian Central Bank forecast that the official price index should be 7.56% this year and see the GDP shrinking 3.21%.
The Brazilian embassy in Beirut is organizing the participation of companies in the building expo Project Lebanon and in the food and hospitality show Horeca. The events are slated from April and May.
Brazilian Ana Zakhour represents four brands and sells the products to salons and perfume shops in Lebanon, UAE and Qatar. She is interested in entering Egypt’s market.
