Egypt has become one of the main suppliers of garlic to Brazil, with data this year showing that in the first eight months the product sales have already exceeded US$ 5 million, according to SECEX, Brazil's foreign trade secretariat.
Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, pledging to stimulate the coronavirus-hit economy with “forward guidance” rather than more rate cuts because of the risk to financial market stability that they could pose.
A group of eight European countries urged Brazil to take “real action” to combat rising deforestation in the Amazon rainforest, which is threatening Europe’s desire to source food and other products sustainably.
Brazil's agribusiness exports during August 2020, reached US$ 8.91 billion, an increase of 7.8% in relation to the same month in 2019 (US$ 8.26 billion). Between August 2019 and 2020, agribusiness product exports grew by 16.5% in absolute values.
President Donald Trump’s administration took new steps to curb steel imports from Brazil and Mexico, boosting protections for battered U.S. steelmakers and jobs in the election battleground states of Pennsylvania, Ohio, and Michigan.
The Brazilian Army has received a shipment of thirty armored tanks donated by the United States. The special operation was organized by Portos do Paraná together with representatives of the 5th Regional Military Command and Marcon Logística Portuária. The vehicles came from Galveston, Texas, to be used in training, combat, and defense.
Clinical trials for the coronavirus vaccine being developed by AstraZeneca PLC and Oxford University resumed in Brazil on Monday after the country’s health regulator got confirmation over the weekend that its British equivalent MHRA had approved the restart, a company representative said.
Fires are raging in the wetlands of west-central Brazil, leaving behind a vast swath of charred ruins in a paradise of biodiversity. The enormous fires have destroyed nearly 12% of the world’s largest tropical wetland, partially reducing to ashes one of the most biologically diverse ecosystems on the planet.
Prosecutors in Brazil's sprawling Car Wash corruption investigation on Monday charged former President Lula da Silva with money laundering, less than a year after the country's top court ordered him freed from jail while he appealed his conviction in another case.
The port of Rio Grande in the Brazilian state of Rio Grande do Sul is shipping 4,000 head of cattle for Lebanon and 22,000 destined for Turkey, totaling 26,000 animals to be exported.