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☆ A rare feather just sold for $28,000, making it worth 40 times as much as gold by weight
▼ + stars: | 2024-05-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewA single feather of an extinct bird was auctioned off in New Zealand on Monday for about $28,000, making it the most expensive feather ever sold worldwide. The huia feather sold at Webb's Auction House in Auckland was initially estimated to be worth around $1,830, but its sale price ballooned after 59 bids. Gold costs around $77 per gram in New Zealand, and the 9-gram huia feather is worth $3,153 per gram. Related storiesThe feather sold on Monday is framed under protective glass and is classified by the New Zealand government as a Y-registered object. The huia feather sale comes as auctions draw attention largely from sports and celebrity memorabilia sold at once-seemingly outlandish prices.

Persons: —, huia, Diego Maradona Organizations: Service, Zealand Geographic, Business, The Guardian, New, New Zealand Geographic Locations: New Zealand, New, Auckland

☆ Tiny plastic shards found in human testicles, study says
▼ + stars: | 2024-05-21 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

CNN —Human testicles contain microplastics and nanoplastics at levels three times higher than animal testes and human placentas, a new small study found. “They look like little shards, tiny broken bits from very, very old plastics,” said Campen, a regents’ professor of pharmaceutical sciences at the University of New Mexico in Albuquerque. Researchers expected to find more plastic shards in the testicles of older men in the study, but that wasn’t the case, Campen said. “In testes, the levels of plastic was three times as much as we saw in placentas,” Campen said. In studies of pregnant mice, researchers have found plastic chemicals in the brain, heart, liver, kidney and lungs of the developing fetus 24 hours after the pregnant mother ingested or breathed in plastic particles.

Persons: ”, Matthew Campen, Campen, ” Campen, “ We’re, Adrienne Bresnahan, Kimberly Wise White, Leonardo Trasande, don’t, Trasande Organizations: CNN, micron, Sciences, University of New, Endocrine Society, Getty, American Chemistry Council, placentas, American Academy of Pediatrics, NYU Langone Health, Natural Resources Defense Council, Invest Locations: University of New Mexico, Albuquerque, United States, placentas, Beijing

☆ A longevity businessman says he gained 10 pounds of muscle in 1 year with a simple protein equation
▼ + stars: | 2024-05-10 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +1 min

Longevity businessman Peter Diamandis is working to combat the muscle loss that comes with aging. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBusinessman Peter Diamandis is what you might call a longevity chaser. And, he's founded at least a couple of longevity clinics, plus a new $101 million XPRIZE for human healthspan. This story is available exclusively to Business Insider subscribers.

Persons: Peter Diamandis, —, He's, he's Organizations: Service, Business Locations: Panama City

☆ People in Korea are buying gold from vending machines and convenience stores amid 2024's frenzy for the precious metal
▼ + stars: | 2024-05-08 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Korea's convenience stores and vending machines are selling gold, with younger people flocking to buy. Bite-sized gold bars have been selling since April, weighing in between 0.1 and 1.87 grams. AdvertisementGold bars are displayed for sale alongside packaged kimchi and ramen in convenience stores across Korea, with the yellow metal gaining among younger consumers in 2024. AdvertisementYoung Koreans are leading the pack of buyers snapping up gold from CU stores, accounting for 41.3% of the total purchases, according to data from the company's app. However, the country's central bank hasn't joined the gold rush, keeping its gold reserves steady at 104.4 tons since 2013.

Persons: —, hasn't, China —, David Rosenberg, Ed Yardeni Organizations: Service, Printing Corporation, Chosun, CNBC, World Gold Council Locations: Korea, South, South Korea, Asia's, China

☆ Gold bars are selling like hot cakes in Korea's convenience stores and vending machines
▼ + stars: | 2024-05-08 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Aside from ramen and sausages, South Korea's convenience stores have a new popular item on the menu — gold bars. The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation (KOMSCO) to offer customers mini gold bars — and they're selling like hot cakes. A variety of finger-nail sized gold bars weighing between 0.1 gram and 1.87 gram have been up for sale at CU outlets since April. Priced at 113,000 won each, 1 gram bars were sold out within two days, according to local news reports. This was the sharpest quarterly increase in gold purchases in South Korea in more than two years, WGC noted.

Organizations: Printing Corporation, Gold Locations: Korea, South Korea

☆ Brittney Griner tells The Cut she ‘worried someone might shoot the plane down’ after her release from Russian detention
▼ + stars: | 2024-05-07 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Brittney Griner feared that her plane would be shot down after she was released from detention in Russia, the WNBA star said in a new interview with The Cut. Speaking with former US soccer icon Megan Rapinoe in an interview published in The Cut on Monday, Griner recalled the moment she learned that she was being released. “I got a note underneath my door that said, ‘Be ready at midnight,’ or some late, crazy hour,” she said. I was worried someone might shoot the plane down. The US State Department, however, deemed that Griner had been wrongfully detained, and she was released in December 2022 in a prisoner swap involving Russian arms dealer Viktor Bout.

Persons: Brittney Griner, Megan Rapinoe, Griner, “, ‘, ” Griner, Viktor Bout, Suzanne Cordeiro, ”, Rapinoe, Bash Raymond Griner Organizations: CNN, WNBA, US State Department, Russian, Getty, Phoenix Mercury Locations: Russia, San Antonio , Texas, AFP

☆ Brittney Griner tells ABC that she ‘wanted to take my life more than once’ while detained in Russia
▼ + stars: | 2024-05-02 | by ( Wayne Sterling | George Ramsay | ) edition.cnn.com time to read: +3 min

The US State Department deemed that Griner had been wrongfully detained and she was released in December 2022 in a prisoner swap involving Russian arms dealer Viktor Bout. I felt like leaving here so badly,” Griner said in the ABC interview which aired on Wednesday. I have to endure this.”Griner, a two-time Olympic gold medalist, also said that she was required to write Russian President Vladimir Putin a letter asking for forgiveness. Natalia Kolesnikova/Reuters“They made me write this letter,” said Griner, not specifying who told her to write the letter. The Phoenix Mercury star is entering her 11th WNBA season having returned to the team in May last year.

Persons: CNN — Brittney Griner, ABC’s, Griner, Viktor Bout, “, ” Griner, can’t, ”, Vladimir Putin, Natalia Kolesnikova, Reuters “, Cherelle Organizations: International Association for Suicide Prevention, Befrienders Worldwide, CNN, WNBA, US State Department, Russian, ABC, Reuters, ”, UMMC Ekaterinburg, Phoenix Mercury, Paris Olympics Locations: Russia, Khimki, Moscow, Russian, Paris

☆ Gold prices ease as dollar firms ahead of Fed policy meet
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

An Argor-Heraeus SA branded two hundred and fifty gram gold bar, center, sits in this arranged photograph at Solar Capital Gold Zrt. Gold prices were set for a third straight monthly gain, even as bullion prices eased on Tuesday as the dollar firmed ahead of the Federal Reserve's policy meeting starting later in the day. Spot gold was down 0.2% at $2,329.69 per ounce, as of 0355 GMT. This week's important market events are the Federal Reserve's policy meeting from April 30-May 1 and the non-farm payrolls data due on Friday. The U.S. Fed is expected to hold its benchmark interest rate steady at 5.25%-5.5% at this meeting.

Persons: Kyle Rodda, Capital.com, Bullion, Capital.com's Rodda, Jerome Powell Organizations: Heraeus SA, Solar, Federal, U.S, Fed Locations: Budapest, Hungary

☆ Gold prices slip to 2-1/2-week low as Middle East tensions ease
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: +2 min

Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on Jan. 9, 2009. Spot gold was down nearly 1% at $2,304.99 per ounce, as of 0336 GMT. U.S. gold futures fell 1.2% to $2,318.80. "Investors are seeing this as an opportunity to lock in some profits after gold's recent run of good form," Waterer said. Among other precious metals, spot silver fell about 1% to $26.92 per ounce, spot platinum dropped 0.7% to $911.10, and palladium slumped 1.1% to $997.75.

Persons: Tim Waterer, Waterer, Gold Organizations: South Korea's, Nikko, KCM Locations: Seoul, Iran

☆ Which foods have the most plastics? You may be surprised
▼ + stars: | 2024-04-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

Breaded shrimp contained the most tiny plastics by far, at well over an average of 300 microplastic pieces per serving. Plastics are everywhereThere are a staggering number of plastics in the world, today, according to a recent analysis — 16,000 plastic chemicals, with at least 4,200 of those considered to be “highly hazardous” to human health and the environment. (The authors declined to mention which brands of bottled water they studied.) Prior research using older technology had identified only about 300 nanoplastics in bottled water, along with bigger microplastics. · If you can, eat as much fresh food as possible, and limit purchase of processed and ultraprocessed foods wrapped in plastic.

Persons: CNN —, can’t, Rice, Let’s, it’s, ” Sherri “ Sam ” Mason, ” Mason, ”, pollock, Mason, don’t, “ Organizations: CNN, McGill University in, University of Queensland, Penn State, International, Water Association, Environmental Research, Environmental Locations: McGill University in Quebec, Canada, Erie , Pennsylvania, United States

☆ How to limit PFAS in your drinking water and food, according to experts
▼ + stars: | 2024-04-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“It would be about 25 years before all the PFAS leave your body.”Testing your waterWhat can consumers do right now to limit the levels of PFAS in their drinking water? Filtering your waterIf PFAS levels are concerning, consumers can purchase an under-the-counter water filter for their tap. “The water filters that are most effective for PFAS are reverse osmosis filters, which are more expensive, about in the $200 range,” Andrews said. Reverse osmosis filters can remove a wide range of contaminants, including dissolved solids, by forcing water through various filters. PFAS in food and your homeDrinking water is not the only way PFAS enters the bloodstream.

Persons: Melanie Benesh, “, ” Jane Hoppin, ”, Andrews, PFAS, ” Andrews Organizations: CNN, Environmental Protection Agency, Geological Survey, Environmental, ”, National Academies of Sciences, Engineering, Medicine, Center for Human Health, Environment, North Carolina State University, NSF, National Sanitation Foundation, EWG, US Food and Drug Administration, FDA, Research, Education, Community Health, National Institute of Environmental Health Sciences Locations: United States, polluters, Raleigh, Texas

☆ Gold pauses record rally ahead of U.S. jobs data
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: +2 min

Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. Spot gold was down 0.5% at $2,278.50 per ounce, as of 0328 GMT, after hitting a record high of $2,305.04 on Thursday. "Gold will continue to rally with normal pull-backs," Luca Santos, an analyst at ACY Securities said. Bullion was on track for a third straight weekly gain, up 2.3% so far, also driven by strong central bank buying and demand from momentum-following funds. Traders are currently pricing in about 65% chance that the Fed will cut rates in June, according to the CME FedWatch tool.

Persons: Luca Santos, Santos, Bullion, Hugo Pascal, Pascal, Jerome Powell Organizations: Heraeus, Solar, U.S ., Federal, ACY Securities, NFP, Palladium Locations: Budapest, Hungary, U.S

☆ Treasure-hunter using a faulty metal detector discovered England's 'largest' gold nugget worth $38,000
▼ + stars: | 2024-03-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

A metal detectorist found what he believes is the largest gold nugget ever found in England. AdvertisementA metal detectorist in England found what might be the biggest gold nugget ever found in the country, worth an estimated £30,000 or around $38,000. Richard Brock unearthed the gold nugget, which weighs 64.8 grams, in England's Shropshire Hills — despite turning up to the search late and using faulty equipment. The most expensive metal detector can cost $15,000, but starter models are available for a few hundred dollars. While Brock celebrates his gold nugget find in England, it pales compared to one of the greatest discoveries with a metal detector.

Persons: —, Richard Brock, Brock, I'd, Mullock Jones, Simon Beresford, Cortez Organizations: Service, YouTube, Guardian, Shack Locations: England, England's Shropshire, Mexico

☆ A longevity doctor shares 5 simple things she does to try to live longer
▼ + stars: | 2024-03-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Dr. Florence Comite is a precision medicine doctor whose focus is helping her patients live longer. AdvertisementA precision medicine doctor shared the five simple things she does to try to live longer with Business Insider. Comite does resistance training, such as lifting weights, twice a week. Comite told BI that within six months of taking astragalus, her eyesight improved and she no longer needs reading glasses. AdvertisementThe National Center for Complementary and Integrative Health warns that taking astragalus orally might have the following side effects: rash, itching, nasal symptoms, and stomach discomfort.

Persons: —, Bryan Johnson, it's, Florence Comite, You've Organizations: Florence Comite, Service, Business, Comite Center, Precision Medicine & Health, World Health Organization, National Center, Integrative Health, Comite, Yale, Center Locations: Florence, York, Mount Sinai

☆ Blueberry grown in Australia breaks record as world’s heaviest
▼ + stars: | 2024-03-15 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A giant blueberry that tips the scales at a whopping 20.4 grams (0.71 ounces) officially entered the record books this week. The fruit was picked on November 13 and the record for heaviest blueberry was confirmed this week, a spokesperson for Guinness World Records told CNN on Friday. It was grown in Corindi, New South Wales, Australia, by staff at blueberry grower Costa Group. The previous record for heaviest blueberry was held by a 16.20-gram (0.57-ounce) berry grown in Western Australia in 2020, according to Costa, which develops new varieties of blueberries that can be grown in different conditions. And in August 2019 a monster grapefruit broke two records and became the world’s heaviest and largest grapefruit by circumference.

Persons: Brad Hocking, “, ” Hocking, ”, Hocking, Chahi Ariel Organizations: CNN, Guinness World Records, Records Locations: Corindi , New South Wales, Australia, Western Australia, Costa, chihuahua

☆ I'm a precision medicine doctor who helps patients boost their longevity. These are the 6 supplements I take every day.
▼ + stars: | 2024-03-02 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Read previewA precision medicine doctor shared the six supplements she takes daily in the hope they will help her live longer. Tech exec and biohacker Bryan Johnson , for instance, takes over 100 pills a day to supplement his diet, including spermidine and lithium, while longevity doctor Peter Attia takes vitamin D and magnesium. AdvertisementHere’s what you need to know about six of the supplements she takes each day. So, some researchers think that maintaining DHEA levels could have an antiaging effect. However, evidence links low DHEA levels with these issues but doesn’t prove that it causes them.

Persons: —, biohacker Bryan Johnson, Peter Attia, Florence Comite, American Heart Association doesn’t, they’ve, DHEA Organizations: Service, Business, Tech, Comite Center, Precision Medicine & Health, Cleveland Clinic, American Heart Association Locations: Florence, York, Mount Sinai, Comite

☆ How antimatter engines could fly humans to other stars in just a few years
▼ + stars: | 2024-02-22 | by ( Adam Barnes | ) www.businessinsider.com time to read: +8 min

AdvertisementInterstellar travel is only something humanity has achieved in science fiction — like Star Trek's USS Enterprise, which used antimatter engines to travel across star systems. "Annihilation of antimatter and matter converts mass directly into energy," Weed, cofounder and CEO of Positron Dynamics, a company working to develop an antimatter propulsion system, told Business Insider. Space travel at record speedProxima's star system, shown here, could be reached in just five years with antimatter-powered technology. For example, let's take a trip to our nearest star system, Proxima, about 4.2 light years away. And since the '80s, there's been talk of thermal antimatter engines, which would use antimatter to heat liquid, gas, or plasma to provide thrust.

Persons: Elon Musk, Ryan Weed, Weed, Brice, Maximilien, Gerald Jackson, Forbes, It's, Jackson, he's, Eugen Sänger, there's, Paul M, Sutter, Steve Howe, Howe Organizations: Enterprise, Dynamics, Southern, NASA, CERN, Fermilab, Hbar Technologies, Space, Alpha Locations: Switzerland, Austrian

☆ 3 surprising heart-healthy foods according to a cardiologist dietitian, including vegetable oil
▼ + stars: | 2024-02-20 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +4 min

Eating a healthy diet can lower the risk of developing cardiovascular disease. A dietitan shared three surprising foods that are good for heart health. She endorses taking a whole diet approach to improving heart health, meaning that it’s what you eat most of the time that matters. Taylor shared three surprising foods that are good for heart health. Taylor said rapeseed oil, sometimes sold as vegetable oil, is a good option for heart health, particularly for people on a budget.

Persons: —, Victoria Taylor, ”, Taylor Organizations: Service, British Heart Foundation, FDA, Business

☆ Second Trump Presidency Would Axe Biden Climate Agenda, Gut Energy Regulators
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +7 min

Much of that work could go up in smoke if his likely rival Donald Trump beats him at the polls in November, according to Republican policy advisers. Reuters spoke with a dozen Republican policy consultants and former Trump administration officials who are helping lay the groundwork for a second Trump presidency to sketch out the administration's likely approach to energy and environmental issues. Trump formally withdrew the U.S. during his first term in office but Biden swiftly reversed the move in 2021. "A big lesson that everybody in the first Trump administration learned was that personnel is really important. The idea of taking a hatchet to the entire IRA could, however, give some oil industry officials and Republican politicians pause, a former Trump administration official said.

Persons: Valerie Volcovici, Gram Slattery WASHINGTON, Joe Biden, Donald Trump, Trump, Stephen Moore, Trump's, Larry Kudlow, David Bernhardt, Rick Perry, Kevin Hassett, Harold Hamm, Biden, George David Banks, Ivanka, Mike McKenna, Diana Furchtgott, Roth, Timothy Gardner, Richard Valdmanis, Deepa Babington Organizations: Republican, United Nations, Trump, Reuters, White, Heritage Foundation, Republicans, Economic, Energy, Biden, America, Policy Institute, Heritage Locations: United States, Paris, Biden's

☆ If you want to live longer, stop copying everyone else. A precision medicine doctor shares 3 ways to tailor your health and fitness routines.
▼ + stars: | 2024-02-08 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Healthy aging is a buzzy topic right now, so you may be wondering how you can increase your longevity. But copying what your friends or multi-millionaire biohackers are doing isn't necessarily the best approach. But Dr. Florence Comite, an endocrinologist and founder of the New-York based Comite Center for Precision Medicine and Health , told Business Insider that it's possible to increase our chances of living longer by using the basic concepts of personalized medicine. This story is available exclusively to Business Insider subscribers. But in the meantime, Comite has tips for tweaking your health and fitness routines to improve your health span.

Persons: biohackers, Florence Comite, It's Organizations: Service, Comite Center, Precision Medicine, Health, Business, Comite Locations: Florence, York

☆ Who Is Robert Hur, Special Counsel on Biden Classified Document Probe?
▼ + stars: | 2024-02-08 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Kanishka SinghWASHINGTON (Reuters) - Robert Hur, the special counsel appointed to investigate whether President Joe Biden improperly handled sensitive government documents, is a former high-ranking Justice Department official with experience in prosecuting sensitive leak investigations. On Thursday, he concluded that probe and found that Biden retained classified materials about Afghanistan after leaving the vice presidency in 2017 but said he will not be criminally charged. Hur was appointed by Donald Trump in 2018 as the chief federal law enforcement officer in Maryland and left that position in early 2021. Under Hur, the Maryland U.S. attorney's office prosecuted the case of former National Security Agency contractor Harold Martin, who stole huge amounts of classified material from U.S. intelligence agencies. A graduate of Stanford Law School and Harvard College, Hur served as top aide to then-Deputy Attorney General Rod Rosenstein before his appointment as the U.S. attorney in Maryland.

Persons: Kanishka Singh WASHINGTON, Robert Hur, Joe Biden, Biden, General Merrick Garland, Hur, Trump, Gibson, Dunn, Garland, Washington . Hur, Donald Trump, Harold Martin, Martin, Rod Rosenstein, William Rehnquist, Christopher Wray, Kanishka Singh, Gram Slattery, Heather Timmons, Jonathan Oatis, Lisa Shumaker Organizations: U.S, Maryland U.S, National Security Agency, Stanford Law School, Harvard College, Supreme, Justice Department, FBI Locations: Afghanistan, U.S, Maryland, Delaware, Washington

☆ A couple in their 30s hit a $1 million net worth by saving and investing most of their 5-figure incomes. They share the strategies that helped them live on $26,000 a year without feeling deprived.
▼ + stars: | 2024-02-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Read previewWhen Lauren and Steven Keys landed their first full-time jobs, they were earning well below the national average. Courtesy of Lauren and Steven KeysBetween 2013 and 2015, the Keys say they saved over $100,000 . Courtesy of Lauren and Steven Keys"It's not just gas," said Steven, who biked to work so Lauren could use the car for her commute. "You don't have to pay for insurance on the second car, you don't have to pay for maintenance or repairs or tires. While they don't work traditional 9-to-5 jobs, they have a variety of revenue streams that more than sustain their lifestyle.

Persons: —, Lauren, Steven Keys, Steven, Lauren didn't, Keys, It's, They've, They're, they've, we're, we've, there's Organizations: Service, Business, BI, University of Florida, Walmart, Costco, Aldi, Sam's, paychecks Locations: Gainesville, Orlando, San Francisco, Publix, Gainesville , Florida, Hawaii

☆ An ex-finance trader launched a mobile coffee business and grew its sales by over 550% — she shares the 3 strategies that made her truck a household name in Phoenix
▼ + stars: | 2024-02-05 | by ( Bella Sayegh | ) www.businessinsider.com time to read: +8 min

Devon McConville is a former day trader who owns First Place Coffee, a Phoenix-based coffee truck. Now, McConville runs a beloved fixture of the Phoenix drink scene: First Place Coffee, a coffee vendor on wheels. First Place Coffee serves specialty coffee and espresso drinks from a 1970 Chevy P10 truck that regulars know as "Matilda." "I really had this vision to really create a community around a mobile coffee business," McConville said. "It seems really small, to own and operate a mobile coffee business, but I think it really has a large effect that radiates out from it," McConville said.

Persons: Devon McConville, McConville, —, Matilda, Alexandra Cocca McConville, Terrence Murtagh, Murtagh, Elizabeth Chung, Chung, Instagram, Bella Sayegh, Austin Hogland, they've, Kaytee Hogland, We're, she's Organizations: Service, Coffee, BI Locations: Devon, Phoenix, Austin

Tina Kotek urged lawmakers to concentrate on the most state's most pressing issues. “My number-one focus for the legislative session is to put as much as possible into the effort to improve housing production in the state,” Kotek said. Kotek's roughly $500 million housing package this session also would include $20 million in grants she described as “climate-friendly” incentives. Wagner said he spent the interim period between sessions traveling across the state to visit Republican senators in their home districts and described having “good and open conversations” with Knopp. “Let’s focus on housing, let’s focus on behavioral health, let’s focus on summer learning,” Kotek said.

Persons: Tina Kotek, ” Kotek, Kotek, decriminalizing, “, ”, Jeff Helfrich, Tim Knopp, Rob Wagner, Wagner Organizations: Republican, Democratic Gov, Republicans, GOP, Democratic, Oregon Supreme Locations: SALEM, Ore, Oregon, Knopp

☆ Brazil Authorities Crack Down on Illegal Pesticides Trade
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

The parallel trade in pesticides, which would represent about 20% of the entire Brazilian market, according to a lobby group, highlights supply chain risks faced by global grain traders in farm powerhouse Brazil. Increasingly, criminals are using structures involving front companies that arrange false invoices, produce fake labels, smuggle and move the illegal products. For example, authorities tested batches of seized insecticide Thiamethoxam that showed a 95% concentration of the active ingredient, whereas the highest concentration allowed in Brazil is 50%, the PRF said. Last year, the industry welcomed a new law setting harsher penalties for those producing, storing or shipping illegal pesticides in Brazil. The new law was signed as seizures of illegal pesticides rose threefold in eight years, to 195.7 tons in 2023, according to PRF data.

Persons: Ana Mano, Criminals, Brazil's, Aurora Ellis Organizations: Ana Mano SAO PAULO, Reuters, Basf, Bayer Locations: Brazil, China, India

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