Brazil shipped 4.1 million tons of soybeans to China in August, down 40% year on year, according to the Secretariat of Foreign Trade of Brazil, or Secex. Though Secex didn’t provide any reason for the sharp drop, but trade sources cited rising competition from Argentina and African swine fever among the reasons for the decline.
Brazil’s Senate constitutional affairs committee on Wednesday approved by a vote of 18-7 a bill that would overhaul the social security system and save the federal government about 1 trillion reais (US$243 billion) over the next decade.
The area in Brazil to be planted with soybeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural.
Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant's workers.
The Argentine government made official the authorization for a second weekly flight between the South American continent and the Falklands Islands, this time to Sao Paulo, Brazil with a stopover once a month, on both ways in the city of Cordoba. This means all is ready for the inauguration.
Brazil posted a trade surplus of US$ 3.28 billion last month, the widest surplus for August since 2017 and almost 20% wider than the US$ 2.28 billion surplus in August last year, the Economy Ministry said.
Brazilians saying that President Jair Bolsonaro is doing a “bad or terrible” job rose to 38% from 33% previously, in the first major poll since the government faced global outcry over its handling of record fires in the Amazon rainforest.
Brazilian President Jair Bolsonaro said on Monday he was eager to speak about the Amazon fires that have drawn world attention at the next U.N. General Assembly in September, as the issue appeared to erode his support at home.
Brazil's tourism ambassador and former Mixed Martial Arts (MMA) fighter, Renzo Gracie, has posted a video on Twitter threatening to “choke” French President Emmanuel Macron - along with insulting his wife Brigitte.
Ex Brazilian president Lula da Silva has accused the incumbent leader Jair Bolsonaro of “stupidity” and of been guided ideologically by someone that doesn't believe the world is round, all of which has thrown into the drain, the country's reputation.