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The inclusion of new countries in BRICS strengthens the bloc’s prominence in the global fertilizer market. Three of the new members are crucial exporters of this essential input for Brazilian agriculture. Established by the governments of Brazil, China, India, and South Africa in 2009, BRICS initially included the world’s first and second largest mineral fertilizer […]
Soybean Surge: Brazil’s Bumper Crop Boosts China’s Imports by 11.7%
In April 2024, China boosted its soybean imports from Brazil by 11.7%, totaling 5.92 million tons. Despite severe floods in Brazil’s key agricultural region, Rio Grande do Sul, the country managed to harvest and export a significant amount of soybeans. This increase is part of China’s strategy to diversify its agricultural imports and secure its […]
State Department imposes financial sanctions on Israeli nationals for threatening peace in West Bank
The U.S. State Department announced Thursday that it was imposing financial sanctions against four Israelis, after they allegedly contributed to violence and instability in the West Bank. The announcement came hours after President Biden issued an executive order giving the U.S. the authority to impose financial sanctions against any foreign person who acts to threaten […]