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The Latest Breaking News from Brazil

Weakness in the Brazilian Real and Crude Oil Sends Sugar Prices Lower

Oct NY world sugar #11 (SBV23 ) on Tuesday closed -0.28 (-1.16%), and Oct London white sugar #5 (SWV23 ) closed -3.20 (-0.46%). Sugar prices Tuesday retreated for a second day on weakness in the Brazilian real. On Tuesday, the real (^USDBRL ) tumbled to a 2-1/4 month low against...

Barchart

Neymar joins Saudi club Al-Hilal from PSG

Neymar joins Al-Hilal: Brazilian forward signs for Saudi club from PSG for reported fee of $98.24M. Neymar, 31, leaves PSG after 6 years, 118 goals, and 5 Ligue 1 titles. Al-Hilal, most successful club in Saudi Arabia & Asia, had sought to sign Kylian Mbappe & Lionel Messi.

The Hindu

Neymar leaves Paris St Germain for Saudi side Al Hilal

The Brazil star is the latest big name to head to the Middle East.

The National (Scotland)

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Al Hilal confirm Neymar transfer as turbulent Paris Saint-Germain spell comes to an end

Deal could reach £86.3m as Brazil international leaves European football

Evening Standard

Neymar departs PSG to become latest star signing for Saudi Pro League side

The Brazil star is the latest big name to head to the Middle East.

The Independent UK

Coffee Prices Under Pressure on Improved Supply Prospects

Sep arabica coffee (KCU23 ) this morning is down -1.10 (-0.73%), and Sep ICE robusta coffee (RMU23 ) is down -13 (-0.50%). Coffee prices Tuesday extended Monday's losses, with arabica falling to a 7-month low and robusta falling to a 2-week low. Dry conditions in Brazil, the world's largest arabica...

Barchart

Driving out the rainforest invaders: crackdown on illegal mining brings hope after Bolsonaro era

Ibama agent Hugo Loss says he and his team have neutralised mining equipment in Operation Xapiri

The Guardian - UK

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‘You have to sacrifice your life’: the drug runners of Colombia’s rainforests

With few job prospects, young men in the jungle borderlands with Brazil risk everything in a marijuana trade that ultimately bankrolls dissident armed groups

The Guardian - UK

The Elon Musk of steel? Meet the Brazilian mogul who just bid $7.2 billion to bring two Fortune 500 giants together

Lourenco Goncalves has turned around Cleveland-Cliffs while tangling with Wall Street analysts and short-sellers, but now he wants U.S. Steel itself.

Fortune

Trump indicted in Georgia: Why do his supporters remain loyal?

People around the world — including many Americans — cannot understand why a sizeable portion of the United States population continues to support Donald Trump, despite an ever-increasing list of charges against him, including the latest indictments in Georgia.

The Conversation

Coffee Prices Settle Sharply Lower as Brazil's Coffee Harvest Accelerates

Sep arabica coffee (KCU23 ) on Monday closed down -6.70 (-4.25%), and Sep ICE robusta coffee (RMU23 ) closed down -52 (-1.95%). Coffee prices Monday sold off sharply, with arabica posting a 6-3/4 month low. Dry conditions in Brazil, the world's largest arabica coffee producer, have accelerated the country's coffee...

Barchart

Sugar Prices Fall on Weakness in the Brazilian Real

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.28 (-1.15%), and Oct London white sugar #5 (SWV23 ) closed -2.20 (-0.32%). Sugar prices Monday closed moderately lower as weakness in the Brazilian real sparked long liquidation in sugar futures. On Monday, the real (^USDBRL ) tumbled to a...

Barchart

Arabica Coffee Tumbles as Brazil's Coffee Harvest Accelerates

Sep arabica coffee (KCU23 ) this morning is down -6.80 (-4.31%), and Sep ICE robusta coffee (RMU23 ) is down -49 (-1.83%). Coffee prices this morning are sharply lower, with arabica sinking to a 6-3/4 month low. Dry conditions in Brazil, the world's largest arabica coffee producer, have accelerated the...

Barchart

BRL/USD: Is Brazil’s Currency a Buy Against the U.S. Dollar?

Brazil’s currency, the real, declined steadily from 2011 through 2020. Over the past three years, the real has been edging higher against the U.S. dollar but has yet to break out on the upside. Since the trend is always your best friend, buying the real could be the optimal approach…

Barchart

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Al Jazeera

Neymar set to join Saudi Arabia’s Al Hilal after PSG agree deal

The 31-year-old Brazilian star, who joined Paris St Germain in 2017, has agreed a two-year deal, Saudi state media says.

The Guardian - UK

‘I was transformed’: the power of Brazilian jazz legend Bola Sete

The late guitarist, who would have just turned 100, blew the minds of Carlos Santana, John Fahey and more with his hypnotic technique and expansive creative vision

The National (Scotland)

Alfredo Morelos and the post-Rangers Brazil transfer option

It's said the 27-year-old could be set for a permanent return to South America.

WEKU

A tiny house gives them hope: How a homeless family in Brazil got a fresh start

The Brazilian family saw their income evaporate during the pandemic. They couldn't afford to stay in their home. The city of São Paulo had a solution — but they thought it was too good to be true.

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USA Today Sports Media Group

UFC on ESPN 51 post-event facts: Event ties modern-era record for first-round finishes

Check out all the facts and figures from UFC on ESPN 51, which saw a record-tying number of first-round stoppage results.

Barchart

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

A deep dive into the corn outlook after the USDA's most recent update.

The Hindu

Amazon rainforest | The scramble to save the planet’s lungs

At the ACTO summit in Belem do Para, Brazil, leaders from Bolivia, Colombia, Peru, Venezuela, Guyana, Suriname and French Guiana called for cooperation to protect the Amazon rainforest. The “Belem declaration” promised concerted efforts to arrest deforestation, protect Indigenous people’s rights and invite development banks to pool funds for conservation…

The Independent UK

Departing Fred calls Man Utd spell ‘a true dream’ ahead of Fenerbahce switch

The 30-year-old Brazilian is leaving Old Trafford after five years at the club.

France 24

Brazil police allege Bolsonaro received cash from $68,000 sale of luxury Saudi gifts

Brazil’s federal police on Friday alleged former President Jair Bolsonaro received cash from the nearly $70,000 sale of two luxury watches he received as gifts from Saudi Arabia while in office, posing another potential blow for the embattled far-right leader.

The Independent UK

Brazil's police allege Bolsonaro got money from $70,000 sale of luxury jewelry gifts

Brazil’s federal police allege former President Jair Bolsonaro received cash from the sale of two luxury watches he received as gifts from Saudi Arabia while in office

The Independent UK

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree

Brazilian President Luiz Inácio Lula da Silva has unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years in a bid to boost economic growth and employment in Latin America’s largest nation

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