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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KAZAN, Russia — It is a fine line between respect and deference, and in the days before they came face to face with Brazil, Belgium’s players and staff did all they could to navigate it. A World Cup quarterfinal against Brazil was a challenge, defender Vincent Kompany said, but he and his teammates would not…
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The $1 billion contract awarded to Subsea 7 by Brazilian national oil company Petrobras, marks a new era in Subsea 7´s history. It is the first major (in terms of contract value) contract for the company after its merger with Acergy. The contract is for development of the Guara and Lula deepwater pre-salt fields in…
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Known as one of the most vibrant street art scenes in South America, São Paulo has produced great graffiti artists who have left their mark not only in the city but throughout the world. With neighborhoods such as Cambuci and Vila Madalena leading the way, São Paulo has become an outdoor art museum, with alleyways…
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