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The Latest Breaking News from Brazil

Sugar Prices Pressured by Increased Sugar Output in Brazil

May NY world sugar #11 (SBK24 ) on Friday closed down -0.08 (-0.51%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +0.10 (+0.02%). Sugar prices on Friday settled mixed. Sugar futures came under pressure Friday after Unica reported that 2024/25 Brazil sugar production in the first half...

Coffee Prices Close Lower as ICE Coffee Inventories Recover

Coffee Prices Close Lower as ICE Coffee Inventories Recover

July arabica coffee (KCN24 ) on Friday closed down -4.10 (-1.80%), and July ICE robusta coffee (RMN24 ) closed down -153 (-3.55%). Coffee prices on Friday posted moderate losses. A rebound in ICE-monitored coffee supplies sparked long liquidation in coffee futures Friday. ICE-monitored robusta coffee inventories on Thursday rose to...

Strength in the Brazilian Real Sparks Short Covering in Sugar

Strength in the Brazilian Real Sparks Short Covering in Sugar

May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.60 (+0.28%). Sugar prices this morning are posting modest gains as strength in the Brazilian real has sparked short-covering in sugar futures. The real (^USDBRL )...

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Coffee Prices Retreat as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -4.30 (-1.89%), and July ICE robusta coffee (RMN24 ) is down -153 (-3.55%). Coffee prices this morning are posting moderate losses. A rebound in ICE-monitored coffee supplies has sparked long liquidation in coffee futures today. ICE-monitored robusta coffee inventories on Thursday...

At Least 10 People Killed In Brazil Fire: Officials

At least 10 people were killed Friday in a fire that broke out in a defunct hotel being used as a makeshift homeless shelter in the city of Porto Alegre in southern Brazil, officials said.

International Business Times

Tragic Brazil Hostel Fire: 10 Dead, 11 Injured

Tragic fire at a guesthouse in Brazil claims lives, community offers support. Importance of fire safety highlighted.

Brazilian Football Legend Marta Announces Retirement From International Competition

Brazilian football icon Marta, all-time top scorer for Brazil, retires from international play after 2025 Olympics. A trailblazer for women's football.

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Why is Elon Musk feuding with Australia and Brazil over free speech?

Why is Elon Musk feuding with Australia and Brazil over free speech?

X owner is fighting governments over their attempts to curtail online content deemed to be harmful.

Indigenous Protest In Brazil For Land Rights And Protection

Indigenous Protest In Brazil For Land Rights And Protection

Indigenous people in Brazil rally in Brasilia for land recognition and against development projects, highlighting the complex dynamics between environmenta...

Sugar Prices Settle Lower as Conab Projects Record Brazil 2024/25 Sugar Production

Sugar Prices Settle Lower as Conab Projects Record Brazil 2024/25 Sugar Production

May NY world sugar #11 (SBK24 ) on Thursday closed down -0.52 (-2.60%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -13.00 (-2.25%). Sugar prices retreated Thursday based on the outlook for larger sugar output in Brazil. Conab, Brazil's crop agency, projected Thursday that Brazil's 2024/25 sugar...

Coffee Closes Higher on Dry Conditions in Brazil and Vietnam

Coffee Closes Higher on Dry Conditions in Brazil and Vietnam

July arabica coffee (KCN24 ) on Thursday closed up +2.20 (+0.97%), and July ICE robusta coffee (RMN24 ) closed up +38 (+0.89%). Coffee prices Thursday finished moderately higher, with July robusta posting a new contract high. Robusta coffee prices saw support from concern about tight robusta supplies from Vietnam. Dry...

Sugar Prices Slide as Conab Projects Record 2024/25 Sugar Production in Brazil

Sugar Prices Slide as Conab Projects Record 2024/25 Sugar Production in Brazil

May NY world sugar #11 (SBK24 ) this morning is down -0.32 (-1.60%), and Aug London ICE white sugar #5 (SWQ24 ) is down -8.30 (-1.44%). Sugar prices retreated today based on the outlook for a larger sugar output in Brazil. Conab, Brazil's crop agency, projected today that Brazil's 2024/25...

Coffee Prices Supported by Weather Concerns in Brazil and Vietnam

Coffee Prices Supported by Weather Concerns in Brazil and Vietnam

July arabica coffee (KCN24 ) this morning is up +2.70 (+1.20%), and July ICE robusta coffee (RMN24 ) is up +61 (+1.43%). Coffee prices this morning are moderately higher, with July robusta posting a new contract high. Robusta coffee prices are seeing support from concern about tight robusta supplies from...

Brazil Government Proposes Streamlining Consumption Tax Rules

Brazil Government Proposes Streamlining Consumption Tax Rules

Brazil's new consumption tax rules aim to simplify tax system, boost economic growth, and increase government revenue.

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The Guardian - UK

World’s billionaires should pay minimum 2% wealth tax, say G20 ministers

Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis

International Business Times

Brazil Judge Drops Case On Bolsonaro Stay In Hungarian Embassy

A Brazilian Supreme Court judge dismissed a case against former president Jair Bolsonaro over his two-day stay at the Hungarian embassy, ruling there was no hard evidence he was trying to evade prosecution.

When Senna broke his F1 duck by walking on water

Following a late electrical failure that took him out of the running for a podium finish in Rio de Janeiro’s opening round, Senna arrived at Estoril looking for his first points of the season.

Sugar Prices Finish Higher on Consolidation After Recent Losses

May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +3.40 (+0.59%). Sugar prices posted moderate gains on Wednesday as they consolidated recent losses. Short covering has pushed sugar prices higher since last Thursday when Conab...

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Robusta Coffee Posts a New Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24 ) on Wednesday closed up +4.05 (+1.83%), and May ICE robusta coffee (RMK24 ) closed up +273 (+6.46%). Coffee prices Wednesday moved higher, with robusta soaring to a new record high. Robusta coffee surged Wednesday on concerns about tight robusta supplies from Vietnam. Arabica coffee rose...

Sugar Prices Mildly Higher on Consolidation After Recent Losses

May NY world sugar #11 (SBK24 ) this morning is up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) is up +2.60 (+0.45%). Sugar prices today are mildly higher as they consolidate recent losses. Short covering has pushed sugar prices higher since last Thursday when Conab cut...

Brazil Central Bank Urges Calm Amid Market Fluctuations

Central Bank of Brazil emphasizes stability over short-term market fluctuations to ensure long-term economic growth.

Robusta Coffee Surges to a Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24 ) today is up +4.40 (+1.98%), and May ICE robusta coffee (RMK24 ) is up +292 (+6.91%). Coffee prices today are moving higher, with robusta soaring to a new record high. Robusta coffee is surging today on concerns about tight robusta supplies from Vietnam. Arabica coffee...

Battery Swapping Motorcycles Are Coming To Brazil From Startup Vammo

Brazilian startup Vammo is eyeing sustainable urban mobility with its battery-swapping technology optimized for the urban landscape.

Sugar Prices Close Higher on Strength in the Brazilian Real

May NY world sugar #11 (SBK24 ) on Tuesday closed up +0.11 (+0.56%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +2.80 (+0.49%). Sugar prices on Tuesday settled moderately higher. Sugar prices found support from a rally in the Brazilian real (^USDBRL ) to a 1-week high...

Arabica Coffee Posts Moderate Losses as ICE-Monitored Inventories Recover

July arabica coffee (KCN24 ) on Tuesday closed down -5.80 (-2.55%), and May ICE robusta coffee (RMK24 ) closed up +98 (+2.37%). Coffee prices on Tuesday settled mixed, with Arabica falling to a 1-week low. Arabica coffee prices fell as ICE-monitored arabica coffee inventories Tuesday recovered to an 11-1/4 month...

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