Brazil Reports Less Harvest in Current Year

TEHRAN (ANA)- Brazil is expected this year to yield 295.1 million tons of cereals, legumes and oilseeds, 6.4 percent less than in 2023, the state-run Brazilian Institute of Geography and Statistics (IBGE) said.

IMF Urges Policymakers to Lower Geopolitical Temperature amid Slowing Global Growth

TEHRAN (ANA)- International Monetary Fund (IMF) Managing Director Kristalina Georgieva urged policymakers to "lower geopolitical temperature," as medium-term growth is forecast to be "lackluster".

Food Safety Crisis Prompts Widespread Recalls across U.S.

TEHRAN (ANA)- A series of high-risk food recalls swept across the United States this year, raising concerns about food safety and putting consumers on high alert.

Brazil's Capital Breaks Record for Longest Drought of 164 Days

TEHRAN (ANA)- Brasilia, the capital of Brazil, has set a new record for its longest dry spell, with 164 straight days without rain, the National Institute of Meteorology (Inmet) reported.

Think-Tank: Americans More Reliant on Government Aid

TEHRAN (ANA)- Americans' reliance on government support is soaring, driven by programs such as Social Security, Medicare and Medicaid, as the country's population aged, reported The Wall Street Journal (WSJ).

US Economy Expands 3% in Q2

TEHRAN (ANA)- The world's largest economy, the US, expanded by 3% in the second quarter of 2024, according to the Bureau of Economic Analysis' third reading.

Int'l Tourism in Peru Up 39.2 Percent in Jan.-Aug.

TEHRAN (ANA)- International tourism in Peru grew by 39.2 percent in the first eight months of 2024, with 2,178,302 foreign arrivals, the Ministry of Foreign Trade and Tourism (Mincetur) said.

Brazilian Market Raises Benchmark Interest Rate Forecast to 11.25 Percent

TEHRAN (ANA)- Brazil's financial market raised the benchmark interest rate forecast for the end of the year from 10.50 to 11.25 percent and from 10 to 10.25 percent for 2025, the Central Bank of Brazil said.

Venezuela's Top Diplomat Calls for New Int'l Financial Architecture

TEHRAN (ANA)- Venezuelan Foreign Minister Yvan Gil called for an overhaul of the international financial architecture in an address to the UN Summit of the Future, local media reported.

U.S. Solar Industry Declines despite Financial Spurs

TEHRAN (ANA)- The U.S. solar industry is grappling with a sharp downturn and a wave of business closures, despite the government's attempt to bolster domestic solar supply chains through financial incentives and other measures.
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