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The Latest Breaking News from Brazil

Coffee Prices Plunge on Rain Forecasts for Brazil

December arabica coffee (KCZ24 ) today is down -12.40 (-4.74%), and November ICE robusta coffee (RMX24 ) is down -208 (-3.96%). Coffee prices today sold off sharply as forecasts for rain in Brazil have sparked fund liquidation of coffee futures. The two-week Global Forecast System model shows rain moving into...

Barchart

Writers and Academics Applaud Brazil's Censorship in Open Letter

The worldwide erosion of support for free speech continues.

Reason

‘It’s guerrilla warfare’: Brazil fire teams fight Amazon blazes – and the arsonists who start them

Firefighters and police in Rondônia battle fires intensified by both the climate crisis and a criminal assault on the rainforest

The Guardian - US

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Brazil drought punishes coffee farms and threatens to push prices even higher

Brazilian coffee farmers are grappling with above-average temperatures as the country, the world’s largest coffee producer, faces its worst drought in more than seven decades

The Independent UK

Brazilian Supreme Court to Impose $1 Million a Day Fine to X as it Goes Back Online Despite Ban

The measure will also apply to Elon Musk's Starlink. The app became partially accessible on Wednesday

Latin Times

Sugar Prices Close Sharply Higher on Brazil Sugarcane Crop Woes

October NY world sugar #11 (SBV24 ) Thursday closed up +0.77 (+3.64%), and December London ICE white sugar #5 (SWZ24 ) closed up +13.10 (+2.36%). Sugar prices Thursday extended this week's sharp rally, with NY sugar posting a 5-1/4 month high and London sugar posting a 2-month high. Sugar prices...

Barchart

Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil

December arabica coffee (KCZ24 ) Thursday closed down -2.75 (-1.04%), and November ICE robusta coffee (RMX24 ) closed down -86 (-1.61%). Coffee prices retreated Thursday as forecasts for rain in Brazil sparked long liquidation coffee futures. Thursday's two-week Global Forecast System model showed rain is expected for Brazil's coffee-growing regions...

Barchart

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Sugar Prices Rally on Concerns Over Brazil's Sugarcane Crops

October NY world sugar #11 (SBV24 ) today is up +0.72 (+3.40%), and December London ICE white sugar #5 (SWZ24 ) is up +13.90 (+2.50%). Sugar prices today extended this week's sharp rally, with NY sugar posting a 5-1/4 month high and London sugar posting a 2-month high. Sugar prices...

Barchart

Coffee Prices Retreat on Forecasts for Rain in Brazil

December arabica coffee (KCZ24 ) today is down -1.85 (-0.70%), and November ICE robusta coffee (RMX24 ) is down -72 (-1.35%). Coffee prices are moving lower today as forecasts for rain in Brazil sparked long liquidation coffee futures. Today's two-week Global Forecast System model showed rain is expected for Brazil's...

Barchart

Brazil top judge accuses X of ‘willful’ circumvention of court-ordered block

Justice Alexandre de Moraes imposes $900,000 daily fine on banned social media platform in dispute with Elon Musk

The Guardian - US

Brazil Judge Orders X To Reimpose Block Or Face Hefty Fine

Brazil's Supreme Court on Thursday ordered Elon Musk's X to suspend access to the social network, after service was restored despite a ban, or face a daily fine of over $900,000.

International Business Times

Record-breaking fires engulf South America, bringing black rain, green rivers and toxic air to the continent

The Amazon fires, fueled by severe drought exacerbated by climate change, have created a toxic smoke cloud spanning about 4 million square miles — an area larger than the entire United States.

LiveScience

X Says Brazil Service Restoration 'Inadvertent' And 'Temporary'

Elon Musk's X social network said on Wednesday that the restoration of its services in Brazil, where it had been shut down, was "inadvertent and temporary."

International Business Times

Brazilian Users Reconnect With X Despite Nationwide Ban

Learn how Brazilian users reconnected with X through Cloudflare's servers despite a ban by the Supreme Court over disputes with Elon Musk.

Top News

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The Independent UK

Musk's X skirts Brazil ban and returns to some users with change to server access

Some Brazilian users were reconnecting with X on Wednesday despite the Supreme Court’s recent nationwide ban, the result of the social network apparently changing the way its servers are accessed

International Business Times

X Update Allows App To Bypass Brazil Ban: Internet Providers

Elon Musk's X social network carried out an automatic update overnight on phone applications that allowed it to bypass a ban in Brazil, an association of internet providers said Wednesday.

Barchart

Sugar Prices Finish Sharply Higher on Concern Over Brazil Sugar Production

October NY world sugar #11 (SBV24 ) Wednesday closed up +1.18 (+5.91%), and December London ICE white sugar #5 (SWZ24 ) closed up +19.80 (+3.70%). Sugar prices Wednesday rallied sharply for a second day, with NY sugar posting a 5-1/4 month high and London sugar posting a 2-week high. Sugar...

Barchart

Coffee Prices Supported by Dry Conditions in Brazil

December arabica coffee (KCZ24 ) Wednesday closed down -0.10 (-0.04%), and November ICE robusta coffee (RMX24 ) closed up +31 (+0.58%). Coffee prices Wednesday settled mixed. Arabica coffee prices came under slight pressure Wednesday after Rabobank projected that global 2024/25 coffee production would climb by +2.2% y/y to 174 million...

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Barchart

Sugar Prices Soar as Drought Threatens the Brazil Sugarcane Crop

October NY world sugar #11 (SBV24 ) today is up +1.07 (+5.36%), and December London ICE white sugar #5 (SWZ24 ) is up +20.50 (+3.83%). Sugar prices today rallied sharply for a second day, with NY sugar posting a 5-1/4 month high and London sugar posting a 2-week high. Sugar...

Barchart

Arabica Coffee Slips as Rabobank Projects a Global Surplus

December arabica coffee (KCZ24 ) today is down -1.35 (-0.51%), and November ICE robusta coffee (RMX24 ) is up +7 (+0.13%). Coffee prices today are mixed. Arabica coffee prices came under pressure today after Rabobank projected that global 2024/25 coffee production will climb by +2.2% y/y to 174 million bags,...

The Guardian - US

Dom Phillips and Bruno Pereira: murder charge dropped against one of three suspects

Activists greet decision over killings of British journalist and Brazilian Indigenous expert with ‘indignation’

The Street

No, you're not going to pay $10 for a cup of coffee. Here's why

Coffee prices have been soaring in the futures market but aren't yet pushing latte prices higher.

The Conversation

Lithium mining in Zimbabwe: a story of loss for one community

Lithium is an essential component of electric vehicle batteries, which are becoming more important as the world moves to a low-carbon energy future. Large deposits of lithium exist in Argentina, Chile, Brazil, Bolivia, Canada, the US, Australia, Portugal, Namibia, Zimbabwe and Ghana. Zimbabwe is the largest producer of lithium in…

Top News

Brazil Court Dismisses Charges In Amazon Killings Case

Federal court in Brazil dismisses charges against one suspect in the killings of Indigenous peoples expert and journalist in the Amazon, sparking internati...

The Independent UK

Brazil court drops a suspect in Amazon slayings of a British journalist and an Indigenous advocate

A federal court in Brazil has dismissed charges against one of three men arrested in the killings of an Indigenous peoples expert and a British journalist in the Amazon, ruling there wasn’t sufficient evidence to try him

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