Brazilian government statistics in Brasilia show that China largely stopped buying U.S. soy during the extended trade dispute and boosted imports from Brazil, buying nearly 80% of the country’s soy crop in 2019. Brazil could therefore lose some recent gains it made in the global soy market during the US-China trade war if those two…
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Netflix is seeing rapid subscriber growth in regions including Asia and Latin America as it girds for tougher competition in the streaming market, newly detailed figures show. In a regulatory filing this week, Netflix offered the first detailed look at its finances from various regions around the world, The figures showed nearly 14.5 million subscribers…
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Judge ratifies air link between Sao Paulo and Malvinas/Falklands It’s been a long wait, but we may thank Argentine federal judge Luis Rodriguez for the ruling, ratifying and giving the green light for Latam’s flight, linking Sao Paulo in Brazil and Cordoba with the Falkland/Malvinas Islands, after throwing out a request to suspend the link. According to…
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Although corn production for 2019-20 in Brazil is estimated at 99 million metric tons flat on the December estimate and slightly down from the 100mn t record seen last year, the Governments crop supply agency CONAB, communicated eralier this week. Conab however does not rule out possible yield losses due to uneven rainfall in the southern…
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Official data showed that Brazil’s trade surplus shrank 20% to US$ 46.67 billion last year, as upwardly revised exports in recent months failed to mask a widespread slump in overseas demand for Brazilian goods over the course of 2019. According to Lucas Ferraz, trade secretary at the Economy Ministry, the upward revisions to exports in…
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Brazil is known for its love for futebol, or soccer as some call it, but the game did not originate in this South American country. There are other sports, however, that were created here that are not as well known abroad or even to Brazilians themselves. Here are seven sports that are native to Brazil, some…
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Visit any part of Brazil and the first thing that is clear is Brazilians’ passion for sports. Whether it is watching games, cheering their country on or playing themselves, Brazilians find some way to be connected to sports. It’s deeply embedded in the culture, especially in coastal cities such as Rio de Janeiro where sports are part of…
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Brazilian agriculture is well diversified, and the country is largely self-sufficient in food. Agriculture accounts for 8% of the countries GDP, and employs about one-quarter of the labour force in more than 6 million agricultural enterprises. Brazil is the world’s largest producer of sugarcane and coffee, and a net exporter of cocoa, soybeans, orange juice,…
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This one is the interview that I could never quite lock down – until now. We’ve managed to cover almost every emerging and frontier market, but my attempts at featuring Brazil kept falling through. But when I sent out an announcement asking for interviews last year, I received over 200 responses, with quite a few from readers…
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Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee. Even as global surpluses spark a commodity slump, the drop in…
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