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The Latest Breaking News from Brazil

Crunch Time For EU-Mercosur Deal At Rio Summit

The fate of a long-awaited but controversial Europe-South America trade deal hangs in the balance this week when Brazilian President Luiz Inacio Lula da Silva hosts a summit of the Mercosur regional bloc.

International Business Times

Argentina's outgoing government rejects EU-Mercosur trade deal, but incoming administration backs it

Argentina’s outgoing government says it will not support the signing of a long-delayed trade deal between the European Union and the South American bloc Mercosur during a summit this week in Brazil even though the incoming Argentine government has expressed support for the deal

The Independent UK

Sugar Prices Rally on Short-Covering After Recent Losses

March NY world sugar #11 (SBH24 ) on Monday closed +0.72 (+2.87%), and March London ICE white sugar #5 (SWH24 ) closed +12.70 (+1.82%) Sugar prices on Monday recovered from early losses and closed sharply higher on short-covering after recent losses. On Monday, NY sugar initially fell to a 3-1/4...

Barchart

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Coffee Prices Fall as Supply Concerns Ease

March arabica coffee (KCH24 ) on Monday closed down -4.95 (-2.69%), and Jan ICE robusta coffee (RMF24 ) closed down -26 (-1.01%). Coffee prices Monday settled sharply lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5% y/y...

Barchart

Coffee Prices Move Lower on an Increase in Supplies

March arabica coffee (KCH24 ) this morning is down -5.40 (-2.93%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.13%). Coffee prices this morning are moderately lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5%...

Barchart

Germany and Brazil hope for swift finalization of a trade agreement between EU and Mercosur

German Chancellor Olaf Scholz and Brazilian President Luiz Inácio Lula da Silva have both expressed hope that negotiations about a wide-ranging free trade agreement can be finalized in the near future

The Independent UK

Florence Pugh hit by flying object at Dune film fan event

‘Don’t Worry Darling’ star had an unfortunate surprise while posing for fans in São Paulo, Brazil

The Independent UK

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Florence Pugh hit in the face by flying object while promoting Dune: Part 2 at Brazil Comic-Con

Pugh was attending an event alongside Timothée Chalamet, Austin Butler and Zendaya in São Paulo when the incident happened

Evening Standard

The Safest Place in the World review – the true cost of a lethal Brazilian dam collapse

Aline Lata and Helena Wolfenson’s moving documentary shows the after-effects of the 2015 Mariana dam failure and the psychological damage which is still being felt

The Guardian - UK

Florence Pugh Was Hit In The Face By An Object Thrown From The Crowd & This Trend Needs To Stop

Florence Pugh was hit in the face after someone threw an object at her during a promotional event in Brazil.

Pedestrian.tv

Sunday Scaries: What I'm Watching This Week In The Grain Markets

Looking at how farmer length is impacting the world cash corn markets, an update on China's demand outlook, possible premature exuberance in the outside markets and more

Barchart

Global Stocktake should account for failures of developed nations: BASIC nations at COP28

The BASIC grouping, comprising Brazil, South Africa, India and China, has pushed during annual climate talks here that the Global Stocktake should also account for the failures of the developed nations, sources said.

The Hindu

The incredible rise and dramatic fall of George Santos

The GOP lawmaker and suspected fraudster’s murky and ever-changing biography makes it difficult to parse truth from fiction, Bevan Hurley reports

The Independent UK

Lula’s bid to style himself climate leader at Cop28 undermined by Opec move

Brazilian president’s plans to approve new fossil fuel projects sit awkwardly with pledge to meet 1.5C target

The Guardian - UK

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Barchart

Sugar Prices Under Pressure From a Bumper Brazil Sugar Harvest

March NY world sugar #11 (SBH24 ) on Friday closed -0.95 (-3.65%), and March London ICE white sugar #5 (SWH24 ) closed -20.30 (-2.83%) Sugar prices on Friday extended this week's sell-off, with NY sugar falling to a 3-month low and London sugar falling to a 2-month low. Increased sugar...

Barchart

Coffee Closes Moderately Lower as Honduras Coffee Exports Jump

March arabica coffee (KCH24 ) on Friday closed down -0.35 (-0.19%), and Jan ICE robusta coffee (RMF24 ) closed down -39 (-1.49%). Coffee prices Friday gave up an early advance and posted moderate losses on signs of larger coffee supplies after Honduras, Central America's biggest coffee-producing country, reported its Nov...

Windows Central

"We have no plans to bring Xbox Game Pass to PlayStation or Nintendo." Xbox CEO Phil Spencer on console hardware, the future of Activision-Blizzard, and much more

Microsoft Gaming CEO and Xbox lead Phil Spencer discusses a range of hot topics, including the future of games like StarCraft, innovation in Xbox console hardware, cloud gaming, and much, much more.

Barchart

Coffee Prices Fall Back as Honduras Coffee Exports Jump

March arabica coffee (KCH24 ) this morning is down -0.40 (-0.22%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.11%). Coffee prices this morning gave up an early advance and turned lower on signs of larger coffee supplies after Honduras, Central America's biggest coffee-producing country, reported its Nov...

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The Independent UK

The incredible rise and dramatic fall of George Santos

The GOP lawmaker and suspected fraudster’s murky and ever-changing biography makes it difficult to parse truth from fiction, Bevan Hurley reports

The Guardian - UK

Maidstone’s Lucas Covolan: ‘Playing for Brazil’s under-20s was a dream come true’

Former teammate of Coutinho and Oscar has made career in England’s lower leagues and has FA Cup third round in his sights

France 24

Drought in the Amazon: Brazil grapples with environmental disaster

Amazonas, the largest state in Brazil, is suffering the worst drought in its history after weeks without rain. The rivers have run dry as a result of climate change and the impact of the El Nino climate pattern. The local government has declared a state of emergency in all 62…

Latin Times

OPEC+ Invites Brazil to Join Oil Producers Alliance

Brazil is set to become the fourth Latin American country to become part of the cartel after Mexico and Venezuela. Ecuador withdrew in 2020

The Independent UK

Brazilian city enacts an ordinance secretly written by a surprising new staffer: ChatGPT

City lawmakers in Brazil passed what appears to be the nation’s first legislation written entirely by artificial intelligence — after they were kept in the dark about its unprecedented origin

Barchart

Sugar Prices Sink as Sugar Output in Brazil Surges

March NY world sugar #11 (SBH24 ) on Thursday closed -0.82 (-3.05%), and March London ICE white sugar #5 (SWH24 ) closed -17.60 (-2.40%) Sugar prices on Thursday sold off sharply and fell to 1-3/4 month lows. Increased sugar production in Brazil alleviated supply concerns and sparked fund selling of...

Barchart

Coffee Prices Soar Ahead of Friday's ICE Inventory Rule Change

March arabica coffee (KCH24 ) on Thursday closed up +12.00 (+6.95%), and Jan ICE robusta coffee (RMF24 ) closed up +88 (+3.49%). Coffee prices Thursday rallied sharply, with arabica posting a 5-1/2 month high. Coffee prices surged Thursday ahead of a new rule that begins Friday when the Intercontinental Exchange...

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