Brazilian food giant BRF has taken a significant step to strengthen its position in the Middle East market. The company announced the acquisition of a 26% stake in Saudi Arabia’s Addoha Poultry Company. This move aligns with BRF’s long-term strategy to expand its presence in the region. The deal, valued at $84.3 million, was executed […]
Related Posts
Critics Call Venezuelan Election a Sham, Lula’s Brazil Seen as Complicit
Under Lula’s administration, Brazil will monitor Venezuela’s controversial presidential election on July 28, which coincides with Hugo Chávez’s birthday. Due to its political significance, the election has captured global interest. However, despite promises of transparency, evidence suggests a biased setup favoring Nicolás Maduro. The pro-Maduro judiciary has barred opposition leader Maria Corína Machado by imposing […]
U.S. Oil Demand Hits 25-Year Low, Prices Dip Below $85
Due to concerns about slowing global growth, oil prices declined, with Brent falling below $85 for the first time since late August. Likewise, the U.S. benchmark, WTI, slid under $84. This marks its biggest fall since last September. On Thursday, WTI for November traded at $82.90 per barrel in London. At the same time, Brent […]