Brazilthe largest economy in Latin America, will have a trade surplus of 71,933 million dollars in 2023, 14.3% more compared to 2022 and a new record for the country, despite the fact that exports and imports will fall, according to projections released this Tuesday by industry sources. LOOK HERE: Law for the recovery of hours […]
Tag: Brazil
Bolsonaro obtains 53.2% and Lula 46.7% with 5.61% scrutinized in Brazil
President Jair Bolsonaro provisionally leads the second round of the presidential elections this Sunday in Brazil with 53.23% of the valid votes, compared to 46.77% of the progressive leader Luiz Inácio Lula da Silva, after having been scrutinized 5.61% of the total, according to the official data. The progressive leader won the first round, on […]
Fertilizers in Brazilian ports point to lower prices
A buildup of fertilizer in Brazil’s main ports is a sign that nutrient prices may need to fall further before farmers start buying. In Paranaguaprivate warehouses reached their maximum storage capacity of 3.5 million tons, according to Luiz Teixeira da Silvadirector of operations Paranagua. The terminal operated by VLI Logisticsone of two in the port […]
Lula would not appoint a super minister for the Brazilian economy
Investors eager to know who will oversee Brazil’s economic policy in a potential Luiz Inacio Lula da Silva they will have to wait, but they should not wait for the appointment of an all-powerful minister, according to one of their main allies. Lula, who is leading the polls ahead of the October elections, is being […]
Major Brazilian farmer cuts fertilizer due to shortage
One of Brazil’s largest farmers plans to cut fertilizer use by a quarter next season, relying on more precise applications and soil testing to maintain crop yields. SLC Agricola SA, which farms an area larger than Delaware with soybeans, corn and cotton, will likely use 20% to 25% less fertilizer in 2022 and 2023 without […]
Superpowers divided over Russian fertilizer sanctions
The world’s agricultural superpowers are divided on whether sanctions should be applied to Russian fertilizers at a time when rising prices threaten to further fuel food inflation. Brazil, the largest exporter of all kinds of agricultural products, from soybeans to coffee and sugar, and the main importer of fertilizers, advocates keeping crop nutrients free of […]
Brazilian government corrects and says that deltacron cases are only suspected
Updated on 03/16/2022 10:15 am The Brazilian Minister of Health, Marcelo Queiroga, who the day before announced the “confirmation” of what would be the first infections of the deltacron variant of coronavirus, he backed down this Wednesday and clarified that it is just suspicion. “The two deltacron cases I cited are still under investigation.” and […]
The first two cases of deltacron are detected in Brazil: what is known about the new variant?
Updated on 03/15/2022 07:25 pm The Minister of Health of BrazilMarcelo Queiroga, confirmed this Tuesday that the first two cases of the new variant of COVID-19known as “deltacron”. It should be noted that the “deltacron” is the result of a merger between the delta and omicron variants. At the press conference, Queiroga pointed out that […]
The effects that the Latin American economy will have due to the Russian invasion in Ukraine
Russia’s invasion of Ukraine is progressively affecting various Latin American countries such as Brazil, Colombia, Ecuador, Mexico, among others. The respective products that were exported and imported to the nation presided over by Vladimir Putin are having a low volume of commercial exchange. The economist specializing in Latin America of the British consultancy Capital Economics, […]
Large mining companies question project for exploitation in the Amazon promoted by Bolsonaro
Large mining companies operating in Brazil questioned the bill promoted by President Jair Bolsonaro and his allies in Congress to legalize mining on indigenous lands and called for a broader debate on the text. The Brazilian Mining Institute (IBRAM)whose 120 associates are responsible for 85% of mining production in Brazil, stated in a statement that […]