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The Latest Breaking News from Brazil

Sugar Prices Weighed Down by Weak Demand and Abundant Supply

May NY world sugar #11 (SBK25 ) Thursday closed down -0.07 (-0.38%), and May London ICE white sugar #5 (SWK25 ) closed down -5.10 (-0.98%). Sugar prices on Thursday dropped to 6-week lows due to demand concerns amid abundant supplies. Weak demand is hammering sugar prices after sugar traders Wilmar...

Barchart

Coffee Prices Finish Sharply Lower on Long Liquidation Pressures

May arabica coffee (KCK25 ) Thursday closed down -22.80 (-5.56%), and May ICE robusta coffee (RMK25 ) closed down -216 (-3.83%). Coffee prices Thursday settled sharply lower as forecasts for rain in Brazil sparked long liquidation in coffee futures. Somar Meteorologia said Thursday that dry and hot weather in Brazil...

Barchart

Weak Demand Amid Abundant Supplies Weighs on Sugar Prices

May NY world sugar #11 (SBK25 ) today is down -0.29 (-1.59%), and May London ICE white sugar #5 (SWK25 ) is down -7.10 (-1.36%). Sugar prices today tumbled to 6-week lows on demand concerns amid abundant supplies. Weak demand is hammering sugar prices after sugar traders Wilmar International Ltd...

Barchart

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Forecasts for Rain in Brazil Prompt Long Liquidation in Coffee Futures

May arabica coffee (KCK25 ) today is down -22.50 (-5.49%), and May ICE robusta coffee (RMK25 ) is down -194 (-3.44%). Coffee prices today are sharply lower as forecasts for rain in Brazil sparked long liquidation in coffee futures. Somar Meteorologia said today that dry and hot weather in Brazil...

Barchart

Sugar Prices Finish High as Dollar Weakness Induces Short Covering

May NY world sugar #11 (SBK25 ) Wednesday closed up +0.10 (+0.55%), and May London ICE white sugar #5 (SWK25 ) closed up +4.00 (+0.77%). On Wednesday, sugar prices posted moderate gains as the dollar index (DXY00) fell to a 3-3/4 month low and spurred short-covering in sugar futures. Gains...

Barchart

Arabica Coffee Prices Underpinned by Dry Weather in Brazil

May arabica coffee (KCK25 ) Wednesday closed up +11.55 (+2.90%), and May ICE robusta coffee (RMK25 ) closed down -2 (-0.04%). Coffee prices on Tuesday settled mixed, with arabica posting a 2-week high. Below-normal rain in Brazil may reduce coffee crop yields and is supporting prices. Somar Meteorologia said Wednesday...

Barchart

Chelsea have already completed signing of wonderkid who has equalled long-standing Neymar record

Chelsea already have a hugely exciting prospect on their hands, who has matched Neymar

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Sugar Prices Rebound as Dollar Weakness Spurs Short Covering

May NY world sugar #11 (SBK25 ) today is up +0.11 (+0.61%), and May London ICE white sugar #5 (SWK25 ) is up +4.30 (+0.83%). Sugar prices today are moderately higher. Short-covering emerged in sugar futures today after the dollar index (DXY00) tumbled more than -1% to a 3-3/4 month...

Barchart

Coffee Prices Rally as Dry Weather in Brazil Risks Harming Coffee Crops

May arabica coffee (KCK25 ) today is up +14.80 (+3.71%), and May ICE robusta coffee (RMK25 ) is up +37 (+0.66%). Coffee prices today extended this week's rally, with arabica posting a 2-week high and robusta posting a 1-1/2 week high. Below-normal rain in Brazil may reduce coffee crop yields...

Barchart

Brazil fights Harvard to reclaim African rebel’s skull after 190 years

The remains were taken to the US during a revolt led by Muslim slaves

The Guardian - US

Sugar Prices Fall on Weak Crude Oil Prices and Slack Demand

May NY world sugar #11 (SBK25 ) Tuesday closed down -0.12 (-0.66%), and May London ICE white sugar #5 (SWK25 ) closed down -6.80 (-1.30%). Sugar prices Tuesday extended their week-long slide to 3-week lows. Weakness in crude prices weighed on sugar after WTI crude (CLJ25 ) fell to a...

Barchart

Coffee Prices Supported by Below-Normal Rain in Brazil

May arabica coffee (KCK25 ) Tuesday closed up +11.75 (+3.04%), and May ICE robusta coffee (RMK25 ) closed up +159 (+2.90%). Coffee prices Tuesday added to Monday's gains, with arabica posting a 1-1/2 week high and robusta posting a 1-week high. Below-normal rain in Brazil may reduce coffee crop yields...

Barchart

Sugar Prices Slide on Demand Concerns and Weak Crude Prices

May NY world sugar #11 (SBK25 ) today is down -0.14 (-0.77%), and May London ICE white sugar #5 (SWK25 ) is down -6.40 (-1.22%). Sugar prices today extended their week-long slide to 3-week lows. Weakness in crude prices is weighing on sugar after WTI crude (CLJ25 ) fell to...

Barchart

Coffee Prices Rally on Brazilian Rain Conditions

May arabica coffee (KCK25 ) today is up +8.35 (+2.16%), and May ICE robusta coffee (RMK25 ) is up +120 (+2.21%). Coffee prices today added to Monday's gains, with arabica posting a 1-1/2 week high and robusta posting a 1-week high. Below-normal rain in Brazil may reduce coffee crop yields...

Barchart

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The Independent UK

AP PHOTOS: In Rio and beyond, Carnival brings euphoria and release to Brazilians

It’s that time of year in Rio de Janeiro: Carnival!

Reason

"How Brazil's Justice de Moraes Weaponized Liberal Philosophy and the First Amendment Against Free Speech"

An interesting post by Jacob Mchangama (Vanderbilt) and Jeff Kosseff (US Naval Academy). A brief excerpt: In 2019, Dias Toffoli,… The post "How Brazil's Justice de Moraes Weaponized Liberal Philosophy and the First Amendment Against Free Speech" appeared first on Reason.com.

The Guardian - UK

Power struggle: will Brazil’s booming datacentre industry leave ordinary people in the dark?

While millions live with regular blackouts and limited energy, plants are being built to satisfy the global demand for digital storage and processing – piling pressure on an already fragile system

Latin Times

Meet Walter Salles: The Billionaire Director Behind Brazilian Best Picture Nominee 'I'm Still Here'

The Brazilian director has a long history with the Academy Awards and is the heir to a billion-dollar empire in Brazil.

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The Independent UK

Anitta writes song and cheers for samba school celebrating her Afro-Brazilian faith

Superstar Anitta has won over pop music fans in Brazil and abroad, even more so since she added English and Spanish singing to her seductive dancing and bold lyrics

The Independent UK

Brazil rejoices over first Oscar win. 'I'm Still Here' house to be transformed into a film museum

When Spanish actress Penélope Cruz announced that “I’m Still Here” was the winner of best international film at the Academy Awards, Brazilians roared at home and on the streets, where Carnival festivities have been ongoing since Saturday

Barchart

Sugar Prices Post Moderate Losses on Demand Woes

May NY world sugar #11 (SBK25 ) Monday closed down -0.30 (-1.62%), and May London ICE white sugar #5 (SWK25 ) closed down -7.80 (-1.46%). Sugar prices Monday extended their week-long slide to 2-1/2 week lows. Demand concerns are weighing on sugar prices after sugar traders Wilmar International Ltd and...

Barchart

Coffee Prices Finish Sharply Higher on Brazil Crop Concerns

May arabica coffee (KCK25 ) Monday closed up +13.60 (+3.65%), and May ICE robusta coffee (RMK25 ) closed up +156 (+2.93%). Coffee prices rallied sharply on Monday as below-normal rain in Brazil may reduce coffee crop yields. Somar Meteorologia reported last Monday that Brazil's biggest arabica coffee growing area of...

Latin Times

Airbnb Expands Its Latino Reach with the Help of Bad Bunny and Anitta - EXCLUSIVE

From Rio to Miami to San Juan: How Airbnb Is Tapping into the Latino Market with Global Icons

Barchart

Sugar Prices Fall on Signs of Weak Demand

May NY world sugar #11 (SBK25 ) today is down -0.29 (-1.57%), and May London ICE white sugar #5 (SWK25 ) is down -7.00 (-1.31%). Sugar prices today extended their week-long slide to 2-1/2 week lows. Demand concerns are weighing on sugar prices after sugar traders Wilmar International Ltd and...

The Guardian - US

Jubilant Brazilians hail I’m Still Here’s Oscar as landmark in fight for justice

Walter Salles’s dictatorship-era movie turns focus on dark time in country’s history and more recent coup attempt

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