TEHRAN (ANA)- With the gap between income levels and housing costs continually widening, the U.S. housing market has become increasingly unaffordable for homebuyers across all income levels, a trend experts say has accelerated since the pandemic.
TEHRAN (ANA)- Foreign ministers of member countries of the Southern Common Market (Mercosur) met in the Uruguayan capital to discuss the trade bloc's status and commitment "in the current international juncture," Uruguayan foreign minister said in a statement.
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.
TEHRAN (ANA)- U.S. export control measures in semiconductor and quantum sectors on the grounds of national security have drawn pushback from industry insiders and observers.
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.