Brazil and Egypt have significantly strengthened their trade relations, especially in the meat export sector, through a strategic “pre-listing” agreement. During President Luiz Inácio Lula da Silva’s recent visit to Egypt, an arrangement was secured simplifying the export process for Brazilian beef, pork, and poultry. This was achieved by recognizing the equivalence of Brazil’s meat […]
Related Posts
America’s Ultimatum on Brazil’s Social Media Censorship on X
Political tensions rise as U.S. Republicans react to the social media blockade of X initiated by Brazil’s Supreme Court Justice Alexandre de Moraes. Donald Trump Jr. expressed concerns, suggesting Democrats might want similar actions in America. Former Representative George Santos, with Brazilian roots, called the suspension a “humanitarian crime.” He pleaded guilty to charges but […]
Why the Dollar is Rising: Key Drivers
The U.S. dollar reached R$ 5.0478, its peak since last May, and currently remains nearly stable at R$ 5.0475. Experts point to two main causes: fears of inflation in the U.S. and rising oil prices. Brent oil now costs $96.55 per barrel, pushing costs upward globally. Russia and Saudi Arabia have cut oil production to […]
Brazil’s Corn Ethanol Boom Benefits Global Sugar Market
Brazil’s corn production is up, offering an unexpected boon to the global sugar market. High sugar prices may soon fall. As corn becomes more profitable for ethanol, sugar mills are making more sugar and less biofuel. Market analyst Eder Vieito points out to Bloomberg Linea that this could help consumers facing high food costs. Bad […]