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The Latest Breaking News from Brazil

A Recovery in ICE Inventories Fuels Long Liquidation in Coffee Futures

July arabica coffee (KCN24 ) this morning is down -10.60 (-4.91%), and July ICE robusta coffee (RMN24 ) is down -296 (-7.44%). Coffee prices this morning sold off sharply to 3-week lows. A rebound in ICE coffee supplies has eased supply concerns and fueled long liquidation in coffee futures after...

Barchart

Why are billionaires scared of Brazil’s plan to hit them with a global tax? Because it makes perfect sense

As the fortunes of the super-rich soar, a proposed annual levy of 2% could offer a corrective – and they will fight it tooth and nail, says the Guardian’s economics editor Larry Elliott

The Guardian - UK

Brazil's Lula Vows Tax Fairness And Worker Support

Former Brazilian president Lula advocates for fair taxation policies and relief for workers to address economic disparities.

Top News

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Heavy Rains In Brazil's Rio Grande Do Sul State

Severe storms in Brazil's Rio Grande do Sul state lead to casualties, evacuations, and widespread damage. El Niño influence exacerbates extreme weather events.

Top News

Thirty Years On, Brazil Pays Tribute To Late F1 Hero Senna

Thirty years to the day since his death following a crash that sent shockwaves around the world, Brazilians paid homage Wednesday to Formula One superstar Ayrton Senna -- a beloved symbol of national pride comparable only to compatriot Pele.

International Business Times

Sugar Prices Fall on a Slide in Crude Oil

July NY world sugar #11 (SBN24 ) on Wednesday closed down -0.19 (-0.98%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -1.00 (-0.18%). Sugar prices Wednesday posted moderate losses. Wednesday's -3% slump in crude prices (CLM24 ) to a 1-1/2 month low undercut sugar prices. The weakness...

Barchart

Coffee Prices Settle Lower as ICE Inventories Rebound

July arabica coffee (KCN24 ) on Wednesday closed down -0.65 (-0.30%), and July ICE robusta coffee (RMN24 ) closed down -43 (-1.07%). Coffee prices Wednesday gave up early gains, dropped to new 2-week lows, and settled moderately lower. A rebound in ICE coffee supplies weighed on prices after ICE-monitored arabica...

Barchart

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Ten Dead, 21 Missing After Heavy Rains In Brazil

At least 10 people have died in floods caused by heavy rains in Brazil's south, authorities said Wednesday, as rescuers searched for nearly two dozen individuals reported missing.

International Business Times

Sugar Prices Weighed Down by a Slump in Crude Prices

July NY world sugar #11 (SBN24 ) this morning is down -0.21 (-1.08%), and Aug London ICE white sugar #5 (SWQ24 ) is down -2.20 (-0.39%). Sugar prices this morning are moderately lower. Today's -3% slump in crude prices (CLM24 ) to a 1-1/2 month low is undercutting sugar prices....

Barchart

Coffee Prices Recover on Reduced Rain Chances in Brazil

July arabica coffee (KCN24 ) this morning is up +1.20 (+0.55%), and July ICE robusta coffee (RMN24 ) is up +33 (+0.82%). Coffee prices this morning recovered from 2-week lows and are moderately higher. Short covering emerged in coffee futures today after updated weather forecasts reduced the chances for rain...

Barchart

For UFC 301’s Alessandro Costa, fighting alongside Jose Aldo ‘a dream come true’

Alessandro Costa explains why sharing the card with Jose Aldo on Saturday's UFC 301 is a special moment for his fighting career.

USA Today Sports Media Group

Ayrton Senna: 30 years since F1 lost its uncompromising, complex genius

Three decades after his death at Imola, the great Brazilian driver remains a revered but controversial figure in motor sport

The Guardian - UK

Japanese PM sets off on six-day trip to France and Latin America

Japanese Prime Minister Fumio Kishida travelled to France on Wednesday for a visit that will also take in Brazil and Paraguay. Tokyo is seeking to boost ties with Paris and Latin America in areas of defence, climate and energy.

Radio France Internationale

Players who appeared in three or more World Cups

A look at some footballers from the men's game who famously featured in three or more World Cups...

FourFourTwo

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AAP

Erceg bracing for death chants ahead of UFC title bout

West Australian Steve Erceg will be the clear underdog when he takes on UFC flyweight champion Alexandre Pantoja in Brazil this weekend.

Latin Times

Mexico, U.S. drop joint bid to host the 2027 Women's World Cup

Only Brazil and a joint Germany-Belgium-Netherlands bid fight to host the tournament

The Guardian - UK

‘I wasn’t worried about what gringos wanted!’ Ludmilla, Brazil’s next pop superstar

Already the most listened-to Black artist in Brazil and a favourite of Beyoncé, Ludmilla has a whole new audience after her viral Coachella show. She discusses the racism and homophobia she’s had to face getting this far

Top News

Brazilian UFC Fighter Renato Moicano Champions Economist Ludwig Von Mises

Renato Moicano's tribute to economist Ludwig von Mises sparks interest in Austrian economics in Latin America, reshaping the economic landscape.

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The Guardian - UK

‘My hands went cold’: Rio’s reporters risk death to reveal criminal ties between police, politicians and mafia

The killing of councillor Marielle Franco has inspired a generation of journalists to probe the city’s dangerous underworld

Top News

Brazilian Soccer Star Marta Announces Retirement From International Play

Brazilian soccer legend Marta retires from international soccer after a remarkable career, leaving a lasting legacy in women's soccer.

Top News

Brazil Central Bank Chief Addresses Policy And Uncertainty Relationship

Brazil's central bank chief addresses economic policy concerns amidst uncertainties, emphasizing balanced and flexible decision-making for stability and co...

Barchart

Sugar Prices Pressured by Increased Sugar Output in Brazil

May NY world sugar #11 (SBK24 ) on Friday closed down -0.08 (-0.51%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +0.10 (+0.02%). Sugar prices on Friday settled mixed. Sugar futures came under pressure Friday after Unica reported that 2024/25 Brazil sugar production in the first half...

Barchart

Coffee Prices Close Lower as ICE Coffee Inventories Recover

July arabica coffee (KCN24 ) on Friday closed down -4.10 (-1.80%), and July ICE robusta coffee (RMN24 ) closed down -153 (-3.55%). Coffee prices on Friday posted moderate losses. A rebound in ICE-monitored coffee supplies sparked long liquidation in coffee futures Friday. ICE-monitored robusta coffee inventories on Thursday rose to...

Barchart

Strength in the Brazilian Real Sparks Short Covering in Sugar

May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.60 (+0.28%). Sugar prices this morning are posting modest gains as strength in the Brazilian real has sparked short-covering in sugar futures. The real (^USDBRL )...

Barchart

Coffee Prices Retreat as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -4.30 (-1.89%), and July ICE robusta coffee (RMN24 ) is down -153 (-3.55%). Coffee prices this morning are posting moderate losses. A rebound in ICE-monitored coffee supplies has sparked long liquidation in coffee futures today. ICE-monitored robusta coffee inventories on Thursday...

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