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The January contract of frozen concentrated orange juice (FCOJ) on the Intercontinental Exchange (ICE) hit an all-time high of $4.17 per pound during the session, before falling back to $3.83 per pound. Did anyone predict $4.00 orange juice? As a comparison, the most traded contract among the soft commodities, ICE's raw sugar, had over 435,000 lots in open interest. Ibiapaba Netto, executive director at CitrusBR, the association representing Brazilian juice producers, said that a reversal of the current tight supply situation would take time, and is not certain to happen. Brazil has a 75% share of the global orange juice trade.

Persons: Mohamed Abd El Ghany, Dave Reiter, OJ, Darin Fessler, Ibiapaba Netto, Netto, greening, Marcelo Teixeira, Nick Zieminski Organizations: REUTERS, Intercontinental Exchange, Reiter Capital Investments, CitrusBR, Thomson Locations: El Nobaria, Cairo, Egypt, New York, United States, Brazil, Mexico, U.S

☆ Brazil congressional probe calls for Bolsonaro to face criminal charges
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +3 min

[1/4] Former Brazilian President Jair Bolsonaro speaks with the media as he leaves the Federal Police headquarters after testifying about the January 8 riots, in Brasilia, Brazil, October 18, 2023. On Tuesday, Gama, the rapporteur of the inquiry, had recommended that Bolsonaro should face charges of criminal association, political violence, disrupting the democratic order and an attempted coup d'état. The inquiry has no power to punish Bolsonaro or his allies but can issue recommendations for prosecutors to file criminal or civil charges. The findings of the congressional inquiry only add to Bolsonaro's legal woes, which have grown since he begrudgingly stepped down last year. Mauro Cid was allegedly a key player in two high-profile criminal probes into Bolsonaro.

Persons: Jair Bolsonaro, Ueslei Marcelino, Jair, Luiz Inacio Lula da Silva, Eliziane Gama's, Bolsonaro, Walter Braga Netto, Augusto Heleno, Gama, begrudgingly, Lula, Mauro Cid, Maria Carolina Marcello Organizations: Federal Police, REUTERS, Rights, Wednesday, Supreme, Police, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Gama, United States, Saudi

☆ Fact Check-Photo of ransacked supermarket predates 2023 France riots
▼ + stars: | 2023-07-06 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A photo of groceries strewn across a supermarket aisle that has been online since at least 2016 is being falsely claimed to show a Netto store in Paris in 2023. The posts were shared in the wake of widespread rioting across France, triggered by the police shooting of Nahel, a teenager of African descent (here). It can be traced to a February 2016 news report from Roodepoort, South Africa (here). The article says the image is from a Somalian supermarket that was ransacked by “community members of Davidsonville.” The story does not share further details about the store. Netto France and the Roodepoort Record blog did not immediately respond to a request for comment.

Persons: Read Organizations: Netto, Facebook, Twitter, Reuters, Netto France Locations: Paris, France, Roodepoort, South Africa

CNN —Brazil’s highest electoral court formed a majority Friday to ban former President of Brazil Jair Bolsonaro from running for office until 2030 on charges alleging that he abused his political power and misused public resources. Four out of seven judges have voted to find the former president guilty. The case began with a lawsuit brought by Brazil’s Democratic Labor Party against both Bolsonaro and Walter Braga Netto, his running mate in the 2022 elections. The majority of judges voted to find Braga Netto not guilty. Speaking to Brazilian radio station Itatiaia on Friday, Bolsonaro said he planned on appealing the decision.

Persons: CNN —, Bolsonaro, Benedito Gonçalves, Walter Braga Netto, Braga Netto Organizations: CNN, YouTube, Brazil’s Democratic Labor Party Locations: Brazil

CNN —Former Brazilian President Jair Bolsonaro’s trial on charges of abuse of political power and misuse of public media began in the country’s highest electoral court on Thursday in Brasilia. If found guilty, Bolsonaro could be ruled ineligible to run for public office for up to eight years. Such claims of flaws in the electoral system have all been denied by Brazil’s electoral authorities. The livestream of the 2022 meeting, which was once available through official channels, was taken down by YouTube for not complying with its fake news policy. Bolsonaro lost last year’s election by the narrowest margin in decades against current President Luiz Inácio Lula da Silva.

Persons: Jair Bolsonaro’s, Bolsonaro, Benedito Gonçalves, ”, Judge Gonçalves, Walter Braga Netto, Luiz Inácio Lula da Silva Organizations: CNN, Former, CNN Brasil, Federal Police, YouTube, Brazil’s Democratic Labor Party Locations: Brasilia ., Brasilia

☆ How to Avoid the 5 Most Common Dining Room Decorating Mistakes
▼ + stars: | 2023-03-30 | by ( Nina Molina | ) www.wsj.com time to read: 1 min

DINING ROOM décor gone awry can kill appetites. Whether your guests are flinching from an eerie portrait their chairs face or squeezing into too-tight seats, bad decorating can take the joy out of even the most well-concocted meal. Los Angeles-based designer David Netto believes dinner guests are rarely eager to enter these stuffy rooms. “So what a dining room must have, above all, is atmosphere,” he said. Here, interiors pros detail five mood crushers in dining rooms, and palate-pleasing alternatives.

☆ Brazil acting president hits out at 'silent' Bolsonaro in New Year speech
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +3 min

SAO PAULO, Dec 31 (Reuters) - Brazil's acting president, Hamilton Mourao, on Saturday criticized outgoing far-right leader Jair Bolsonaro for allowing anti-democratic sentiment to thrive in the wake of this year's election, in a veiled dig in a New Year speech. Vice president under Bolsonaro, Mourao delivered the New Year speech after taking over on Friday, when the outgoing president flew to Florida to avoid handing over the presidential sash to leftist President-elect Luiz Inacio Lula da Silva at his Jan. 1 inauguration. Bolsonaro's exit follows weeks of near silence following his defeat in Brazil's most fraught election in a generation. Mourao was elected in 2018 as Bolsonaro's running mate but was ditched in this year's election, with the outgoing president choosing former Chief of Staff Walter Braga Netto to join his defeated ticket. Mourao instead ran for Senate and secured a spot in the upper house of Congress representing the state of Rio Grande do Sul.

☆ Israel's Trigo raises $100 mln to expand autonomous shopping technology
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

JERUSALEM, Oct 26 (Reuters) - Israel’s Trigo said on Wednesday it raised $100 million in a private funding round to ramp up deployment for its technology that allows customers to shop without having to wait in line at a store’s checkout. The round was led by Singapore investment firm Temasek and 83North. Trigo said its technology transforms existing supermarkets into fully autonomous digital stores through the use of ceiling-mounted cameras that track customer movement and product choices, to make shopping “frictionless”. It said it would use the new funds to expand further into the United States and Europe, while developing an inventory management application suite. Trigo noted its technology is being used by Tesco PLC (TSCO.L) in Britain, ALDI (ALDIEI.UL) in the Netherlands, Wakefern in the United States and and Netto and REWE (REGRP.UL) in Germany.

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