Brazil soybean imports during November reached 122,000 tons, 20 times more than in November 2019 (6,000 tons). Purchases cost US$ 49.2 million, compared to the US$ 1.9 million spent a year earlier, as the average value of the ton purchased increased from US $328.8 to US$ 402.4, according to the Brazilian Foreign Trade Secretariat, SECEX.
Until Brazil makes a political commitment to curb deforestation in the Amazon rainforest, the trade deal between the European Union and South America’s Mercosur trade bloc will not advance toward ratification in Europe, the EU’s envoy in Brasilia said.
ExxonMobil expects Brazil and Guyana will be key drivers for the company’s growth ambitions in the future, as the US super-major looks to concentrate the bulk of exploration and production development activities in the two South American nations, apparently leaving aside the shale deposits in Argentina.
Brazilian farmers have sold 56.5% of their beans in advance through December 4, Safras & Mercado, an agribusiness consultancy, said in a statement last Friday. Considering Brazil is poised to collect 133.517 million tons of the oilseeds this season, the volume of pre-sold soy amounts to an estimated 75.403 million tons, Safras said.
The Tannat cable system connecting Uruguay and Brazil by sea has now been officially extended to Argentina. The cable is co-owned by Uruguay’s state-run telco Antel and by Google. Active since 2018, the 2,000km system links Maldonado, near Montevideo in Uruguay, to Praia Grande/Santos in Brazil’s São Paulo state.
Brazil’s economy grew in the third quarter by the most on record as the easing of anti-coronavirus lockdown measures triggered a strong rebound in activity across most sectors, especially industry and services, while fixed investment jumped sharply.
Brazil’s health regulator Anvisa said on Wednesday it was open to approving COVID-19 vaccines for emergency use and outlined the requirements for companies looking to do so.
A large gang of heavily armed bank robbers invaded the Brazilian city of Cameta just one day after a similar force struck another mid-sized city on the opposite side of the country, taking residents hostage as they looted a bank.
Dozens of gunmen armed with assault rifles invaded a city in southern Brazil overnight Tuesday and took control of the streets as they assaulted a local bank.
Climate change will increase the burdens on Brazil’s armed forces and endanger the country’s energy and water security, military experts predicted on Monday. A group of senior military leaders said deforestation in the Amazon region could alter rainfall patterns in Brazil, hitting hydropower plants - the country’s major source of energy - and water supplies for major urban centers.