Brazil’s soybean output and exports in 2023 will be higher than expected, Brazilian oilseed lobby Abiove announced this week, as local farmers harvest a bumper crop. Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.
Add your comment!Brazil’s main trading partner, China, is the destination for over a quarter of total Brazilian exports, involving more than US$90 billion in 2022 in transactions of commodities such as soy, crude oil, and iron ore – products that dominate the bilateral agenda between the two nations.
Add your comment!Former Brazilian President Jair Bolsonaro stated that he never considered staging a coup. The former president is currently being investigated by the Brazilian Supreme Court for inciting his followers to violently invade the headquarters of the three branches of government on January 8th.
1 commentOn Monday, a 13-year-old teenager killed a teacher with a knife and injured four others inside a school in the Brazilian city of Sao Paulo, the regional government informed.
Add your comment!China reopened its market for beef exports from Brazil las week, Thursday (3/23). The information was passed on to the Minister of Agriculture, Carlos Fávaro, and to the Brazilian delegation in Beijing by the country’s General Administration of Customs (GACC).
Add your comment!Brazil's Minister of Environment and Climate Change Marina Silva Sunday admitted that President Luiz Inácio Lula Da Silva's administration was considering the possibility of declaring a state of climate emergency in 1,038 municipalities mapped as most vulnerable, Agencia Brasil reported.
Add your comment!Brazil informed Beijing that president Lula da Silva'a official visit to China had to be postponed because the Brazilian leader had contracted influenza and pneumonia. This however has not prevented a major business and investment summit between the two countries to continue in Beijing with the participation of a Brazilian delegation of some 240 members.
1 commentBrazilian President Luiz Inácio Lula da Silva announced Saturday that he was canceling his trip to China due to health reasons. The South American leader, who skipped the XXVIII Ibero-American Summit in Santo Domingo to visit the Asian country instead, was to leave on Saturday and then on Sunday after a rescheduling that failed to meet Lula's recovery.
Add your comment!Heads of State and Government convened in Santo Domingo for the XXVIII Ibero-American Summit which is focused on post Covid-19 pandemic economic recovery in a world hit by the conflict between Russia and Ukraine.
Add your comment!Former Brazilian President Dilma Rousseff has been elected Friday to head the New Development Bank (NDB), also known as the BRICS Bank to replace Marcos Troyjo, who had held the post since July 2020. Rousseff will remain at the helm of the Shanghai-based financial institution until the end of Brazil's mandate in July 2025. Each BRICS country (Brazil, Russia, India, China, and South Africa) chairs the bank for rotating five-year terms. She will take office later next week during President Luiz Inácio Lula Da Silva's visit.
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