TEHRAN (ANA)- Brazil expects to harvest 298 million tons of cereals, legumes and oilseeds this year, a 5.5 percent year-on-year drop from last year's record harvest, the state-run Brazilian Institute of Geography and Statistics reported.

TEHRAN (ANA)- A 10-percentage-point tax cut on imports and freight services took effect in Argentina, lowering the rate to the same levels applied before the current administration took office in December 2023.

TEHRAN (ANA)- Over the past 12 months, a total of 5.7 million tons of wheat arrived at Brazilian ports—the highest 12-month cumulative result since December 2022.

TEHRAN (ANA)- Uruguayan financial analysts maintained their economic growth forecast for 2024 at 3.30 percent, a figure that has held steady since July, according to the results of an expectations survey published by the Central Bank of Uruguay.

TEHRAN (ANA)- Brazil's financial market upgraded its economic growth forecast for 2024 from 2.20 percent to 2.23 percent, but downgraded expected growth for 2025 from 1.92 percent to 1.89 percent, the Central Bank of Brazil said.

TEHRAN (ANA)- Argentina's Economy Ministry announced that it would suppress bureaucratic hindrances to importing key industry inputs such as steel, aluminum, and construction materials to “encourage competition and lower costs.”

TEHRAN (ANA)- U.S. consumer inflation in July increased 2.9 percent from a year ago, after climbing 3.0 percent in June and 3.3 percent in May, the U.S. Labor Department reported.

TEHRAN (ANA)- Boeing delivered 43 commercial planes in July, one less than the total in June and the same as in July 2023, according to Boeing's monthly orders and deliveries release.

TERHAN (ANA)- U.S. retail giant Walmart posted stronger-than-expected revenue and earnings for the second quarter, and raised its full-year outlook.

TEHRAN (ANA)- U.S. networking giant Cisco System reported its fourth quarter and fiscal year 2024 results, with a quarterly revenue of 13.6 billion U.S. dollars, a 10 percent decrease year over year.