Brazilian agribusiness exports should reach a record US$ 160 billion this year, which represents an increase of 32% compared to 2021, and a number that also was surprisingly high last year. But on the other hand input imports have never been so costly because of the international prices with inputs reaching almost US$ 50 billion, up 51% year to year.
Former Presidential candidate and Senator Simone Tebet, who endorsed Luiz Inácio Lula da Silva in the Oct. 30 runoff against the incumbent Jair Bolsonaro, has reportedly accepted to become Brazil's next Planning Ministry, according to press reports published Tuesday in Brasilia. The official announcement is to be made Wednesday.
Argentina's Sergio Massa has been named among the 10 most influential people of the year in the economic and financial world by the leading Brazilian newspaper Folha de Sao Paulo. The list also includes Elon Musk, Jerome Powell, Bernard Arnault, and Christine Lagarde.
Serious irregularities have been detected by Argentina's National General Comptroller (AGN) in the handling of Health Ministry funds during the early stages of the Covid-19 pandemic, it was reported in Buenos Aires.
Brazilian President Jair Bolsonaro approved the resolution of the National Energy Policy Council (CNPE) defining the annual mandatory targets for reducing greenhouse gas emissions for the commercialization of fuels over the next ten years, under the National Policy for Biofuels (Renovabio), Agencia Brasil reported Tuesday after the measure was published in the Diário Oficial da União (Federal Official Gazette).