Brazilian foreign sales of agricultural products amounted to nearly US$ 96 billion, up 1% from 2011. There was an increase in volume shipped, but the average product price declined.
According to the United Nations Food and Agriculture Organization (FAO), sugar, dairy and oils were the items whose cost declined the most last year in its price index.
The government of Brazil has authorized the promotion of the 11th round of tenders in March this year. Some 172 blocks will be on offer.
During a visit to Mauritania, Christine Lagarde, the Fund’s managing director, praised the country’s economic management, but pointed out a need for change in the region as a whole.
During meetings in Cairo, the Palestinian factions agreed on resuming the implementation of a reconciliation agreement signed in 2011.
The emirate will develop a set of initiatives aimed at offering products and services which abide by Muslim traditions. The goal is to attract investment from other countries.
The European aircraft manufacturer informs that Middle East Airlines – Air Liban (MEA) signed a contract for the purchase of the A320neo and A321neo models.
Prices of Brazilian staple goods overseas increased by an average of 10.51% last year. The increase was lower than that of the international index.
The net inflow of dollars into Brazil totalled US$ 16.7 million last year, the lowest since the peak of the international financial crisis. In the first week of 2013, the forex flow was negative.
The Minister of Communication, Safa Nassereddin, announced the launch of a seal bearing the inscription ‘State of Palestine.’ Printed in Bahrain, the material will be used by diplomatic offices.
Qatar should loan US$ 2 billion and donate another US$ 500 million. The funds should help the Egyptians fight depreciation of their currency as against the dollar.
Revenues from foreign sales of Brazilian bovine meat stood at US$ 21.8 million per day last week. Sales grew in spite of restrictions imposed by some countries.
On January 1st, the company processed its largest volume of oil in a single day. Production reached 2.111 million barrels.
Eight cooperation agreements were signed. The projects include building a steelmaking complex to produce 5 million tonnes of steel per year.
