Brazil's interim president, Michel Temer emphasized the role of agro-industry in the country's development and called for national reunification to guarantee jobs in the sector.
Brazil’s federal police served five arrest warrants and conducted search and seizure operations in three states on Monday, in the latest round of a sweeping corruption probe around state-run oil firm Petroleo Brasileiro SA. Police said contractors paid at least 39 million reais (US$ 12m) in bribes to executives of Petrobras, and rigged public auctions at Petrobras’ research centre Cenpes.
Brazilian exports exceeded imports by US$23.6 billion in the first half of the year - a record for the period. In addition to the basic products, sales grew strongly with the sale of vehicles for Latin America. The data were released by the Ministry of Industry Trade and Services.
The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organizations warn of the need to be vigilant as the probability of a major price swing remains high.
Argentine president Mauricio Macri arrived in Berlin on Monday, in his first official trip to the country and as part of an European tour aimed at strengthening Argentina’s ties with the European Union. Macri arrived from Brussels where he met EU authorities and the day before, was in Paris with president Francois Hollande.
Argentine president Mauricio Macri said on Monday that his country's claim to the Falkland Islands remained unchanged following Britain's vote to leave the EU. “Brexit or not, our claim will never change,” Macri told reporters in Brussels after talks with European Union leaders.