The dollar stepped back from 13-1/2-month highs against other major currencies on Friday as talks next week between China and the United States offered some hope that the world’s two largest economies will find a way to head off a full-blown trade war.
A potential ban on the popular herbicide glyphosate in Brazil over concerns it may cause cancer in humans would be a “disaster” for the country’s agricultural industry, Agriculture Minister Blairo Maggi said on Thursday.
Pope Francis is on the side of victims of more than 300 predator priests in the US accused of abusing children in one state, the Vatican says. In a statement, it said the Church wanted to listen to the victims to root out this tragic horror.
An indigenous leader has been found murdered in Brazil, exposing the growing threat to tribes fighting illegal logging in the Amazon, campaigners and authorities said. Jorginho Guajajara was found dead in the northern state of Maranhao with his neck broken, rights group Survival International said. Police in Maranhao confirmed on Thursday they were investigating the case.
Argentina’s central bank said on Thursday it hiked reserve requirements by 3 percentage points for the country’s largest banks, as it tries to keep its plan for reducing short-term debt from adding to already high inflation.
Brazil’s top electoral court must decide whether the country’s most popular politician can run in upcoming elections despite being jailed for corruption. The court is expected to declare former president Luiz Inacio Lula da Silva ineligible in the coming weeks, ahead of the Oct. 7 vote, but that may not stop his Workers Party (PT) winning anyway.
Brazilian President Michel Temer is endorsing another party’s candidate as well as his own in October’s presidential election. On the day the campaign took off, Temer said in an interview published on Thursday by the Folha de S.Paulo newspaper that he sees former Sao Paulo Gov. Geraldo Alckmin of the Brazilian Social Democracy Party as a candidate who would carry on with his work.
The Republican-led Senate passed a resolution affirming its commitment to protecting freedom of speech and condemned recent attacks on journalists and members of the media. In a resolution brought forth by Hawaii Sen. Brian Schatz, a Democrat, and Senate Minority Leader Chuck Schumer, lawmakers affirmed that the press is not the enemy of the people, which passed by unanimous consent.
More than 300 U.S. newspapers run editorials on Thursday that promote press freedom to counter Donald Trump's attacks on the media, in a move coordinated by The Boston Globe. President Trump has often attacked some media reports as “fake news” and called journalists the “enemy of the people,” and “very dangerous and sick,” in a tweet earlier this month.
Brazilian farmers are expected to plant a record amount of soybean acres this coming season, encouraged by strong demand from China, and yield a record harvest next year, consultancy Céleres said in its first forecast for the new cycle. The next crop cycle in Brazil, the world's No. 1 soybean exporter, begins in September.