Brazil's agriculture minister has asked the minister of the environment to suspend the country's list of threatened and endangered aquatic species. It's hurting fishermen, Jorge Seif Júnior argued and will have a significant negative impact on the fishing economy.
Brazil’s Economy Ministry on Thursday raised its projected savings from its pension reform bill over the next decade to 1.237 trillion reais (US$ 312 billion), well above the “minimum” 800 billion reais President Jair Bolsonaro said he expects.
Brazilian President Jair Bolsonaro on Thursday expressed horror over the 1,000 penis amputations that he said occur each year in the country due to a lack of basic hygiene, a figure he called “ridiculous and sad.”
Brazilian meat processor JBS SA said its Seara processed foods unit will start selling chicken products to India, as the group explores new markets in a year when poultry is poised to become the most demanded meat protein in the world.
A three-meter anaconda brought vehicles to a screeching halt on a busy Brazilian highway this week, but thanks to some kind commuters, there were no casualties - either human or snake. Cars and trucks came to a stop on the BR-364 interstate when drivers spotted the approximately 30-kilogram snake in the middle of the road near the northwestern city of Porto Velho, Brazilian news outlet G1 Globo reported.
Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government’s struggle to build support for its signature reform policy.
US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Brazil's jailed former leftist president, Lula da Silva, could gain partial freedom within five months following a court decision on Tuesday to reduce his sentence in one of two corruption convictions.
Brazilian markets rose on Tuesday after the path was cleared for a congressional committee vote on pension reform, a sign that the government is finally getting political backing for the most important element of its economic reform agenda.
Brazil's state-controlled Petrobras started publishing daily wholesale gasoline and diesel prices at each of the company's 37 points of sale, the latest step aimed at heading off a strike by independent truck drivers.