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The Latest Breaking News from Brazil

Brazil's Top Court Takes On Regulation Of Social Media

Brazil's Supreme Court on Wednesday started examining four cases that turn on how far social media should be regulated, and what responsibilities platforms have in cracking down on illegal content.

International Business Times

Bombshell police report details alleged Bolsonaro plot to stage rightwing coup

Former president accused of leading role in apparent scheme to overturn 2022 election defeat by rival Lula

The Guardian - US

Sugar Settles Moderately Higher as Production in Brazil's Center-South Falls

March NY world sugar #11 (SBH25 ) Wednesday closed up +0.12 (+0.56%), and March London ICE white sugar #5 (SWH25 ) closed up +5.00 (+0.90%). Due to a decline in Brazil's Center-South sugar production, sugar prices posted moderate gains on Wednesday. Unica reported Wednesday that sugar output in Brazil's Center-South...

Barchart

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Coffee Prices Surge as Adverse Weather Events Threaten Global Supplies

March arabica coffee (KCH25 ) Wednesday closed up +14.20 (+4.60%), and January ICE robusta coffee (RMF25 ) closed up +358 (+6.92%). Coffee prices Wednesday extended their 3-week parabolic rally, with March arabica posting a contract high and December arabica posting a 47-year nearest-futures high. Meanwhile, January robusta coffee posted a...

Barchart

Reddit Targets India, Brazil To Boost Global User Growth, Revenue

Reddit is expanding globally, targeting India and Brazil for growth and ads. With 50% users outside US, there's huge potential for ad revenue.

Benzinga

Brussels, Not Paris, Will Decide EU-Mercosur Trade Deal: Lula

France does not get to decide whether a free trade deal between the EU and South America's Mercosur bloc goes ahead -- only Brussels does, Brazilian President Luiz Inacio Lula da Silva said on Wednesday.

International Business Times

Reduced Sugar Output In Brazil's Center-South Lifts Prices

March NY world sugar #11 (SBH25 ) today is up +0.13 (+0.60%), and March London ICE white sugar #5 (SWH25 ) is up +5.20 (+0.94%). Sugar prices today are moderately higher due to a decline in Brazil's Center-South production. Unica reported today that sugar output in Brazil's Center-South region during...

Barchart

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Coffee's Parabolic Rally Pushes Arabica Prices to a 47-Year High

March arabica coffee (KCH25 ) today is up +14.00 (+4.53%), and January ICE robusta coffee (RMF25 ) is up +330 (+6.38%). Coffee prices today extended their 3-week parabolic rally, with March arabica posting a contract high and December arabica posting a 47-year nearest-futures high. Meanwhile, January robusta coffee posted a...

Barchart

Matildas ready to lock horns with old foes Brazil

The Matildas will face familiar foes Brazil once again as they prepare to celebrate retiring great Clare Polkinghorne's last game in Brisbane.

AAP

Brazilian States Undermine Rainforest Protections, Threaten Deforestation Goals

Brazilian states facing criticism for weakening rainforest protections, risking deforestation reduction efforts and climate commitments.

Top News

Brazil's Former President Bolsonaro Accused Of Coup Plot

Former Brazilian President Bolsonaro implicated in coup plot post-election defeat, denied involvement. Federal Police report reveals evidence of planning a...

The Guardian - US

Bolsonaro allies nearly launched military coup in 2022, police report says

Senior Brazil military figures backed plot to seize power after Bolsonaro’s election defeat, federal documents allege

International Business Times

Brazil's Bolsonaro 'Participated' In 2022 Coup Plot Against Lula: Police

Brazilian ex-president Jair Bolsonaro "actively participated" in a 2022 coup plot to prevent his successor, Luiz Inacio Lula da Silva, from taking office, police alleged in a report made public Tuesday.

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The Independent UK

Brazil’s Bolsonaro participated in a 2022 coup plot, unsealed police report says

Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in the 2022 election, according to a Federal Police report that has been unsealed

Barchart

Sugar Prices Climb on the Outlook for Global Sugar Deficits

March NY world sugar #11 (SBH25 ) Tuesday closed up +0.42 (+1.99%), and March London ICE white sugar #5 (SWH25 ) closed up +9.60 (+1.76%). Short covering Tuesday pushed sugar prices higher after Citigroup forecasted global sugar deficits for the 2024/25 and 2025/26 crop years. Citigroup projects a 2024/25 global...

Barchart

Coffee Prices Settle Higher on Global Production Woes

March arabica coffee (KCH25 ) Tuesday closed up +4.05 (+1.33%), and January ICE robusta coffee (RMF25 ) closed up +65 (+1.27%). Coffee prices Tuesday posted moderate gains and remained below Monday's significant highs when March arabica posted a contract high, and December arabica posted a 27-year nearest-futures high. Meanwhile, January...

The Independent UK

Carrefour apologizes to Brazil for CEO's remarks, and beef is headed back to its stores

Brazilian beef is headed back to the shelves of Carrefour-owned grocery stores after a brief boycott sparked by remarks from the French company’s chief executive about nations in the South America trade bloc Mercosur

Barchart

Sugar Prices Rebound as Citigroup Projects Global Sugar Deficits

March NY world sugar #11 (SBH25 ) today is up +0.51 (+2.41%), and March London ICE white sugar #5 (SWH25 ) is up +12.50 (+2.29%). Short covering pushed sugar prices moderately higher today after Citigroup forecasted global sugar deficits for the 2024/25 and 2025/26 crop years. Citigroup projects a 2024/25...

Barchart

Coffee Prices Underpinned by Global Supply Fears

March arabica coffee (KCH25 ) today is up +3.60 (+1.18%), and January ICE robusta coffee (RMF25 ) is up +88 (+1.72%). Coffee prices today are moderately higher but remain below Monday's significant highs when March arabica posted a contract high, and December arabica posted a 27-year nearest-futures high. Meanwhile, January...

International Business Times

Carrefour Attempts Damage Control Against Brazil 'Boycott'

French supermarket group Carrefour attempted Tuesday to end a supplier "boycott" of its stores in Brazil by apologizing for refusing to sell Mercosur-origin meat in its outlets in France.

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