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The Latest Breaking News from Brazil

FCOJ- A Record High for the Thinly Traded Soft Commodity

The soft commodities sector includes sugar, coffee, cocoa, cotton, and frozen concentrated orange juice. The agricultural products can be highly volatile, but FCOJ futures tend to experience the highest price variance level as they suffer from the lowest liquidity.

Barchart

Brazil's govt to support congressional inquiry into Jan. 8 riots -minister

Brazil's Institutional Relations Minister Alexandre Padilha said on Thursday the government will support a congressional inquiry into the Jan. 8 anti-democratic riots, in which supporters of former President Jair Bolsonaro stormed government buildings.

Reuters

In meeting with big economies, Biden announces more funds to fight climate change

President Joe Biden announced plans to increase U.S. funding to help developing countries fight climate change and curb deforestation in Brazil's Amazon rainforest during a meeting on Thursday with leaders from the world's largest economies.

Reuters

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Brazil: Lula security chief resigns after leaked footage of far-right palace riot

Video shows Gonçalves Dias inside presidential palace as supporters of Bolsonaro went on the rampage in January

The Guardian - US

Top national security adviser to Brazil's Lula resigns

Brazilian President Luiz Inacio Lula da Silva's top national security adviser resigned on Wednesday, the presidential palace said, amid a scandal related to the aide's presence during the storming of government buildings in the capital.

Reuters

Arabica Coffee Closes Lower on Brazilian Real Weakness

May arabica coffee (KCK23 ) on Wednesday closed down -2.70 (-1.32%), and May ICE robusta coffee (RMK23 ) closed up +26 (+1.06%). Coffee prices Wednesday initially extended their sharp two-week rally, with arabica posting a 6-1/4 month nearest-futures high and robusta posting a 1-1/4 year high. Expectations for smaller global...

Barchart

Arsenal scouting mission for 'next Vinicius Jr' revealed with next step in big Edu transfer plan

Arsenal transfer news: The Gunners are planning for a double move in Brazil with steps taken to ahead of the competition.

Football London

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Coffee Prices Mixed as Arabica Falls Back on Brazilian Real Weakness

May arabica coffee (KCK23 ) this morning is up -0.45 (-0.22%), and May ICE robusta coffee (RMK23 ) is up +27 (+1.11%). Coffee prices this morning initially extended their sharp two-week rally, with arabica posting a 6-1/4 month nearest-futures high and robusta posting a 1-1/4 year high. Expectations for smaller...

Barchart

How are Oil and Sugar Connected?

Sugar and crude oil, the soft and energy commodities, correlate for two reasons. As members of the commodities asset class, sugar and oil prices often move in the same direction during secular raw material bullish or bearish market trends. However, sugar’s role in Brazilian ethanol production makes the sweet commodity…

Barchart

Private Desert review – elegant love story blooms in Brazil’s uneasy backwaters

A macho ex-cop falls for a mysterious stranger in this romance that doubles as a subtle state-of-the-nation drama

The Guardian - UK

Friend or foe: can the West rely on Lula’s support in Ukraine?

A Ukrainian official has invited Luiz Inácio Lula da Silva to visit Ukraine to understand the real causes of the country’s war with Russia, after the Brazilian president made remarks that suggested the war was not solely caused by Russian aggression.

The Week

G7 diplomats pull together in the face of growing global hostility

Diplomats from the Group of Seven nations have taken a firm stance on China’s increasing threats to Taiwan, and on North Korea's tests of long-range missiles.

Radio France Internationale

Brazil condemns ‘violation’ of Ukraine’s territory amid criticism

Brazilian President Luiz Inácio Lula da Silva also reiterated calls for a negotiated peace between Russian and Ukraine.

Al Jazeera

Brazil government aims to boost safety after school attacks

Brazil’s government has announced efforts to spend more on securing schools and crack down on the incitement of violence as officials seek to curb a wave of fatal school attacks

The Independent UK

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Barchart

Arabica Coffee Pushes Higher on Tight Supplies

May arabica coffee (KCK23 ) on Tuesday closed up +4.25 (+2.11%), and May ICE robusta coffee (RMK23 ) closed up +2 (+0.08%). Coffee prices Tuesday closed moderately higher, with arabica posting a 6-1/4 month nearest-futures high. Expectations for smaller global coffee supplies are fueling fund buying of coffee futures. Also,...

Daily Mirror

Casemiro spotted bringing Sir Alex Ferguson tactic back to Man Utd

Manchester United ace Casemiro has shone for the Red Devils this term and a former Old Trafford face has heaped praise on the Brazilian for his efforts so far this campaign

Barchart

Arabica Coffee Pushes Higher as Tight Supplies Spark Fund Buying

May arabica coffee (KCK23 ) this morning is up +3.75 (+1.87%), and May ICE robusta coffee (RMK23 ) is up +2 (+0.08%). Coffee prices this morning are moderately higher, with arabica posting a 6-1/4 month nearest-futures high. Expectations for smaller global coffee supplies are fueling fund buying of coffee futures....

The Guardian - US

Ukraine criticises Brazil’s peace efforts and invites Lula to see invasion’s effects

Kyiv accuses Brazilian president’s initiative for giving equal weight to ‘the victim and the aggressor’

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Football London

Emerson Royal injury update and when the Tottenham wing-back is hoping to return

The Tottenham Hotspur wing-back has been out of action since injuring his knee on international duty with Brazil last month

Barchart

South American Crop Production Forecast: Brazil On Track to Break Records, Argentina Continues to Struggle

Today Barchart released its April 2023 Crop Production and Yield Forecasts for South American corn and soybeans. Brazil is expecting record-setting corn and soybean harvests in the 2023-24 marketing year. The latest report indicates an increase in the crop production forecast for soybeans while Brazilian corn production estimates remain unchanged....

Reuters

Brazil's Lula condemns invasion of Ukraine, touts peace initiative

Brazilian President Luiz Inacio Lula da Silva on Tuesday condemned the violation of Ukraine's territorial integrity by Russia and again called for mediation to end the war, a peace initiative that was criticized by the Ukrainian government.

The Guardian - UK

UK company mining gold in Amazon on disputed land

London-listed Serabi Gold extracting gold without approval of Brazilian land registry and Indigenous communities

Daily Mirror

Woman catches painful flesh-eating parasite in her eye from contact lenses

Lilian Melchert, 30, a Brazilian influencer, said she recalled waking up to pain so severe that "it felt like I was giving birth to a child through my eye" - which she later found was a carnivorous parasite

Football London

Arsenal and Chelsea handed deadline to land Brazilian superstar in summer transfer swoop

Arsenal and Chelsea have been linked with a move for Brazilian wonderkid Vitor Roque ahead of the summer transfer window

Reuters

Brazil police carry out more raids as part of Jan. 8 riots probe

Brazil's federal police said on Tuesday they were carrying out new raids as part of an investigation into the Jan. 8 riots in Brasilia, in which supporters of former President Jair Bolsonaro stormed government buildings.

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