Attacks on the UAE and Bahrain drive up the commodity’s price. Oil rises amid renewed threats to the Strait of Hormuz, while a desalination plant in Kuwait is also targeted in retaliations.
Browsing: Donald Trump
Oil prices fell and stocks rose after U.S. President Donald Trump said the country will not target Iran’s energy infrastructure over the next five days.
Speaking at the Arab-Brazilian Chamber of Commerce, researcher Samuel Pessôa assesses the results of the Trump administration’s economic policies and discusses structural challenges the Brazilian economy faces.
In his opening speech at the UN General Assembly, the Brazilian president advocates for multilateralism and again calls for an end to the conflict in Gaza.
First-quarter results show USD 26.4 billion in orders but also reveal a USD 76 million loss.
At the Arab-Brazilian Chamber, BTG Pactual’s chief economist, Mansueto Almeida, analyzed the global scenario and highlights concerns about Brazil’s fiscal sector. Angela Martins, CEO for Latin America at First Abu Dhabi Bank, shared Arab investors’ perspective on the country.
Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
Measure was announced by American president Donald Trump in response to the devaluation of Brazilian real and Argentine peso.
