Recent
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Sport
Most Brazilians don’t want it. Major sponsors have fled. Even players balked at the idea. But ready or not, the Copa America, one of Latin America’s most important sporting spectacles, is coming to town. The international soccer tournament, which President Jair Bolsonaro greenlit with little warning late last month, will begin Sunday in Brazil against a backdrop of controversy and fear.
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Business
Brazil and Argentina renewed their auto trade agreement on Friday, allowing increased Brazilian exports to its neighbor through 2029 but postponing free trade in motor vehicles between the countries for the next decade. Argentina is the largest export market for the Brazilian auto industry, but sales have plummeted due to a depression in the Argentine economy. Sales in Brazil in recent months have begun to recover to 2014 levels.
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Culture
Street Parties, Samba Parades and Flashy Carnival Balls – Enjoy all That and More at Rio Carnival 2020. As the Rio Carnival 2020 approaches, excitement builds up. The yearly party celebrated in real Brazilian style, continues until Ash Wednesday, which also marks the beginning of the Lent period, characterized by abstinence from worldly pleasures and fasting for Christians around the globe.
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Society
France will block an EU trade deal with Brazil and its neighbours over the country’s handling of fires in the Amazon rainforest, a spokesperson for Emmanuel Macron has said. Brazil’s far-right president Jair Bolsonaro has been criticised around the world for his response to the fires, which scientists say are man-made and campaigners have linked to businesses looking to exploit the land.
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Business
Soybean trading in Brazil has gained momentum in recent days, driven by a wave of Chinese demand, boosting prices and premiums paid at ports amid a weakening of the Brazilian currency, according to analysts. An estimated 5.5 million tonnes of soybeans have traded over the past few days, and are slated to leave Brazilian ports in June, July and August, according to estimates by the Center for Advanced Studies in Applied Economics (Cepea) issued on Friday.