South American grain and oilseed production may be in jeopardy from the formation of a La Niña weather pattern, which might curb rainfall in parts of Brazil and Argentina, Oil World said.
One of the smallest parties from the Brazilian ruling coalition has stepped down with “no hard feelings” and will now adopt a ‘critical support’ attitude towards the administration of President Dilma Rousseff.
President of Brazil, Dilma Rousseff, congratulated President Cristina Fernández de Kirchner, CFK, on Tuesday, following the results of the primary elections on Sunday in which she led by over 50 points.
Brazilian leading meatpacker Marfrig will not be considering takeovers until 2012, Chief Executive Marcos Molina dos Santos said on Monday after the company posted a second-quarter net loss.
The Mozambique government is providing large tracts of land at a symbolic price to Brazilian farmers to produce soy, maize and cotton, Mozambique’s agriculture minister, José Pacheco told Brazilian newspaper Folha de Sao Paulo.
China, the second-largest buyer of soy in the world wants an end to intermediation by US multinational companies working in the sector and plans to invest purchasing directly from farmers in Mato Grosso and another five states in Brazil, according to the Brazilian press.
R&I Japan agency last week upgraded Brazil’s credit rating from BBB- to BBB, the second notch in investment grade level, with stable outlook.
Brazilian police form the state of Rio de Janeiro are combing a suburb for clues in the murder of a high-profile criminal judge, ambushed and fatally shot at her doorstep by hooded gunmen, TV Record reported Sunday.
Former Brazilian president Lula da Silva blasted the developed countries lack of political initiative to face the economic crisis and suggested they adopt a strategy similar to Brazil’s.
Canadian government has enlisted Bank of Nova Scotia CEO Rick Waugh to lead a group of chief executives who will help broker deeper trade and investment relations with Brazil, the world’s seventh largest economy.