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The Latest Breaking News from Brazil

Brazil Reaches Billion Settlement With Mining Companies

Brazil settles with mining companies over 2015 dam collapse, victims seek justice and reparations.

Top News

Sugar Prices Fall as Brazil Increases Sugar Production

March NY world sugar #11 (SBH25 ) Friday closed down -0.06 (-0.27%), and December London ICE white sugar #5 (SWZ24 ) closed down -3.40 (-0.60%). Sugar prices on Friday settled lower due to ramped-up sugar production in Brazil's Center-South, the country's largest sugar-producing region. Unica reported Friday that sugar output...

Barchart

Short Covering Pushes Coffee Prices Higher

December arabica coffee (KCZ24 ) Friday closed up +2.95 (+1.20%), and November ICE robusta coffee (RMX24 ) closed up +62 (+1.42%). Coffee prices Friday settled moderately higher as pre-weekend short covering boosted prices. Coffee prices have been under pressure this week, with arabica coffee posting a 2-week low Thursday and...

Barchart

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BHP, Vale Agree To Pay $30bn Damages For Brazil Dam Disaster

Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster.

International Business Times

Victims of Brazil’s worst environmental disaster to pursue claim in UK despite $31bn settlement

Case continuing in high court despite deal agreed with miner BHP to compensate those affected by dam collapse in 2015

The Guardian - UK

Brazil reaches $23 billion settlement with mining firms over 2015 environmental disaster

Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s worst-ever environmental disasters

The Independent UK

Sugar Prices Slip on Increased Output in Brazil's Center-South

March NY world sugar #11 (SBH25 ) today is down -0.14 (-0.63%), and December London ICE white sugar #5 (SWZ24 ) is down -4.10 (-0.72%). Sugar prices today are under pressure due to increased sugar production in Brazil's Center-South, the country's largest sugar-producing region. Unica reported today that sugar output...

Barchart

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Pre-Weekend Short Covering Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.50 (+1.02%), and November ICE robusta coffee (RMX24 ) is up +18 (+0.41%). Coffee prices today are moderately higher, as pre-weekend short covering in coffee futures is boosting prices. Coffee prices have been under pressure this week, with arabica coffee posting a...

Barchart

Criminals may be leveraging climate change as record acreage burns in Brazil's Amazon

Brazil’s Amazon dry season just ended with a staggering 846% increase in burned forest area compared to the year before

The Independent UK

Sugar Prices Finish Lower as Rain in Brazil Eases Drought Concerns

March NY world sugar #11 (SBH25 ) Thursday closed down -0.14 (-0.63%), and December London ICE white sugar #5 (SWZ24 ) closed down -1.50 (-0.26%). Sugar prices Thursday gave up an early gain and posted moderate losses on forecasts for abundant rain in Brazil's Center-South over the next week, partially...

Barchart

Beneficial Rain in Brazil Pushes Coffee Prices Lower

December arabica coffee (KCZ24 ) Thursday closed down -6.90 (-2.73%), and November ICE robusta coffee (RMX24 ) closed down -114 (-2.54%). Coffee prices retreated on Thursday, with arabica coffee falling to a new 2-week low and robusta coffee prices falling to a 2-1/4 month low. Coffee prices continue to be...

Barchart

Prolific sex trafficker convicted after moving Brazilian women to London

Roland Cankaj was arrested at Stansted Airport and later pleaded guilty to fraud and keeping a brothel to be used by prostitutes

Evening Standard

Rain Forecasts for Brazil Undercut Sugar Prices

March NY world sugar #11 (SBH25 ) today is down -0.17 (-0.76%), and December London ICE white sugar #5 (SWZ24 ) is down -2.20 (-0.39%). Sugar prices today gave up an early gain and turned lower on forecasts for abundant rain in Brazil's Center-South over the next week, which partially...

Barchart

Coffee Prices Under Pressure from Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) today is down -4.95 (-1.96%), and November ICE robusta coffee (RMX24 ) is down -117 (-2.61%). Coffee prices today are moderately lower, with arabica coffee falling to a new 2-week low and robusta coffee prices falling to a 2-1/4 month low. Coffee prices continue to...

Barchart

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The Guardian - US

Afro-Brazilian artist Rosana Paulino is suturing the past to the present

Centering Black feminism and anti-racism, Paulino’s work is being celebrated from New York’s High Line to the Tate Modern

The Independent UK

Tesco, KFC and other top brands could be selling chicken linked to illegal deforestation, report says

Exclusive: Major UK supplier linked to soya giant repeatedly accused of razing habitats vital for fighting the climate emergency

FourFourTwo

Stadiums that hosted World Cup finals

From Uruguay 1930 to Qatar 2022, a look at the stadiums that hosted the World Cup final in men's football...

Barchart

Coffee Prices Close Mixed After Recent Rain in Brazil

December arabica coffee (KCZ24 ) on Wednesday closed up +2.50 (+1.00%), and November ICE robusta coffee (RMX24 ) closed down -5 (-0.11%). NY coffee prices on Wednesday edged to a new 2-week low but then recovered and closer higher. Meanwhile, robusta coffee prices fell to a 2-1/4 month low and...

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International Business Times

BHP Denies Responsibility For 2015 Brazil Mine Disaster At London Trial

Australian mining giant BHP on Wednesday denied responsibility for a 2015 dam collapse in Brazil, one of the country's worst environmental disasters, as it opened its defence at the High Court in London.

Barchart

Sugar Prices Rally on Forecast for Sugar Deficit in Early 2025

March NY world sugar #11 (SBH25 ) today is up +0.67 (+3.08%), and December London ICE white sugar #5 (SWZ24 ) is up +12.30 (+2.19%). Sugar prices today are trading higher after Wilmar International, one of the world's largest sugar traders, said the sugar market faces a "huge risk of...

The Guardian - UK

Putin calls for alternative international payment system at Brics summit

Russian president’s goal to de-dollarize world economy alarms members that do not want bloc to turn against west

Barchart

Coffee Prices Mixed After Recent Rain in Brazil

December arabica coffee (KCZ24 ) today is up +2.80 (+1.12%), and November ICE robusta coffee (RMX24 ) is down -27 (-0.60%). NY coffee prices today edged to a new 2-week low but then recovered and are trading higher. Meanwhile, robusta coffee prices today fell to a 2-1/4 month low and...

The Independent UK

Caiman-eating jaguars survive fires in Brazil’s Pantanal wetlands

Brazilian Jaguars have survived the devastating fires in the world’s largest tropical wetlands

Al Jazeera

Why are victims of a Brazil dam disaster suing miner BHP in a London court?

The mining giant faces a potential $47bn lawsuit filed by at least 600,000 people over the 2015 mining disaster.

The Independent UK

A Brazilian artist uses ash and mud for a massive Sao Paulo mural lamenting climate disasters

Brazilian artist Mundano is presenting a massive street mural in Sao Paulo that uses ash from wildfires and mud from floods to highlight extreme weather events wreaking devastation in the country

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