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The Latest Breaking News from Brazil

Brazil fines meatpacking companies, including giant JBS, for buying illegally raised cattle

Brazil's environmental agency levied $64 million in fines against 23 meatpacking and their suppliers companies for buying and selling cattle raised illegally on deforested land in the Amazon

The Independent UK

Ballon d’Or 2024: Rodri and Aitana Bonmatí win top awards – as it happened

Rodri beat Vinícius Jr to the men’s award and Aitana Bonmatí retained the women’s prize as Real Madrid boycotted the Paris ceremony

The Guardian - UK

Sugar Prices Fall as Brazil Increases Sugar Production

March NY world sugar #11 (SBH25 ) is down -0.20 (-0.90%), and December London ICE white sugar #5 (SWZ24 ) is down -6.20 (-1.10%). Sugar prices today are seeing continued weakness due to ramped-up sugar production in Brazil's Center-South, the country's largest sugar-producing region. Unica reported last Friday that sugar...

Barchart

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Coffee Prices Rally on Weather News

December arabica coffee (KCZ24 ) today is up +4.90 (+1.97%), and November ICE robusta coffee (RMX24 ) is up +71 (+1.60%). Coffee prices are higher after today's report from Somar Meteorologia that rainfall in Brazil's biggest arabica coffee growing area of Minas Gerais received 25.1 mm of rain last week,...

Barchart

Verstappen poised for Brazilian GP grid penalty for engine change

Max Verstappen could be set for an engine change grid penalty at this weekend’s Brazilian Grand Prix, with Red Bull worried about his lack of straightline speed.

Motorsport

Verstappen poised for Brazilian GP grid penalty

Max Verstappen could be set for an engine change grid penalty at this weekend’s Brazilian Grand Prix, with Red Bull worried about his lack of straightline speed.

Autosport

How Mexico penalties finally set the right standard for punishing Verstappen's tactics

Here we go again. There’s still a sprint and a grand prix left in Formula 1’s penultimate triple-header of the year for things to get ugly at least a third time in this run between 2024 title contenders Max Verstappen and Lando Norris and up next after Brazil is Sin City…

Autosport

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The Corn Market Perks Up

The corn market saw increased buying interest from both commercial and noncommercial traders last week.

Barchart

AI To Play a Starring Role in Brazil's Innovation Plan

The country is expected to invest $4 billion over the next four years to bolster its local AI industry and become less dependent on other countries' technology

Latin Times

Brazil Reaches Billion Settlement With Mining Companies

Brazil settles with mining companies over 2015 dam collapse, victims seek justice and reparations.

Top News

Sugar Prices Fall as Brazil Increases Sugar Production

March NY world sugar #11 (SBH25 ) Friday closed down -0.06 (-0.27%), and December London ICE white sugar #5 (SWZ24 ) closed down -3.40 (-0.60%). Sugar prices on Friday settled lower due to ramped-up sugar production in Brazil's Center-South, the country's largest sugar-producing region. Unica reported Friday that sugar output...

Barchart

Short Covering Pushes Coffee Prices Higher

December arabica coffee (KCZ24 ) Friday closed up +2.95 (+1.20%), and November ICE robusta coffee (RMX24 ) closed up +62 (+1.42%). Coffee prices Friday settled moderately higher as pre-weekend short covering boosted prices. Coffee prices have been under pressure this week, with arabica coffee posting a 2-week low Thursday and...

Barchart

BHP, Vale Agree To Pay $30bn Damages For Brazil Dam Disaster

Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster.

International Business Times

Victims of Brazil’s worst environmental disaster to pursue claim in UK despite $31bn settlement

Case continuing in high court despite deal agreed with miner BHP to compensate those affected by dam collapse in 2015

The Guardian - UK

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The Independent UK

Brazil reaches $23 billion settlement with mining firms over 2015 environmental disaster

Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s worst-ever environmental disasters

Barchart

Sugar Prices Slip on Increased Output in Brazil's Center-South

March NY world sugar #11 (SBH25 ) today is down -0.14 (-0.63%), and December London ICE white sugar #5 (SWZ24 ) is down -4.10 (-0.72%). Sugar prices today are under pressure due to increased sugar production in Brazil's Center-South, the country's largest sugar-producing region. Unica reported today that sugar output...

Barchart

Pre-Weekend Short Covering Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.50 (+1.02%), and November ICE robusta coffee (RMX24 ) is up +18 (+0.41%). Coffee prices today are moderately higher, as pre-weekend short covering in coffee futures is boosting prices. Coffee prices have been under pressure this week, with arabica coffee posting a...

The Independent UK

Criminals may be leveraging climate change as record acreage burns in Brazil's Amazon

Brazil’s Amazon dry season just ended with a staggering 846% increase in burned forest area compared to the year before

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Barchart

Sugar Prices Finish Lower as Rain in Brazil Eases Drought Concerns

March NY world sugar #11 (SBH25 ) Thursday closed down -0.14 (-0.63%), and December London ICE white sugar #5 (SWZ24 ) closed down -1.50 (-0.26%). Sugar prices Thursday gave up an early gain and posted moderate losses on forecasts for abundant rain in Brazil's Center-South over the next week, partially...

Barchart

Beneficial Rain in Brazil Pushes Coffee Prices Lower

December arabica coffee (KCZ24 ) Thursday closed down -6.90 (-2.73%), and November ICE robusta coffee (RMX24 ) closed down -114 (-2.54%). Coffee prices retreated on Thursday, with arabica coffee falling to a new 2-week low and robusta coffee prices falling to a 2-1/4 month low. Coffee prices continue to be...

Evening Standard

Prolific sex trafficker convicted after moving Brazilian women to London

Roland Cankaj was arrested at Stansted Airport and later pleaded guilty to fraud and keeping a brothel to be used by prostitutes

Barchart

Rain Forecasts for Brazil Undercut Sugar Prices

March NY world sugar #11 (SBH25 ) today is down -0.17 (-0.76%), and December London ICE white sugar #5 (SWZ24 ) is down -2.20 (-0.39%). Sugar prices today gave up an early gain and turned lower on forecasts for abundant rain in Brazil's Center-South over the next week, which partially...

Barchart

Coffee Prices Under Pressure from Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) today is down -4.95 (-1.96%), and November ICE robusta coffee (RMX24 ) is down -117 (-2.61%). Coffee prices today are moderately lower, with arabica coffee falling to a new 2-week low and robusta coffee prices falling to a 2-1/4 month low. Coffee prices continue to...

The Guardian - US

Afro-Brazilian artist Rosana Paulino is suturing the past to the present

Centering Black feminism and anti-racism, Paulino’s work is being celebrated from New York’s High Line to the Tate Modern

The Independent UK

Tesco, KFC and other top brands could be selling chicken linked to illegal deforestation, report says

Exclusive: Major UK supplier linked to soya giant repeatedly accused of razing habitats vital for fighting the climate emergency

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Luiz Inacio Lula da Silva

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