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Cavalcante is now clean-shaven and wearing a yellow or green hooded sweatshirt, black baseball cap, green prison pants and white shoes, the statement said. Cavalcante was operating a 2020 White Ford Transit van bearing Pennsylvania registration ZST-8818, police said on X (formerly known as Twitter). Cavalcante, 34, escaped from the Chester County Prison while awaiting transfer to state prison on Aug. 31 after being sentenced to life for fatally stabbing his ex-girlfriend in 2021. Prosecutors say he wanted to stop her from telling police that he’s wanted in a killing in his home country of Brazil. Political Cartoons View All 1148 ImagesPhoenixville is about 13 miles (21 kilometers) northeast of the prison.

Persons: —, Danelo Souza Cavalcante, Cavalcante, he’s Organizations: Pennsylvania State Police, White Ford Transit, Prosecutors, Authorities, Police, Friday Locations: Pa, Pennsylvania, Phoenixville, Chester County, Cavalcante, Chester, Brazil

☆ US, Saudi Arabia in talks to secure metals in Africa, Wall Street Journal reports
▼ + stars: | 2023-09-10 | by ( ) www.cnbc.com time to read: +1 min

VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal reported on Sunday, citing people with knowledge of the talks. In a similar arrangement in July, Saudi Arabian Mining Co (Ma'aden) (1211.SE) and the Saudi Public Investment Fund (PIF) acquired 10% of Brazilian Vale's base metal unit, while U.S. investment firm Engine No. The White House is seeking the financial backing of other sovereign-wealth funds in the region, but talks with Saudi Arabia have progressed the farthest, the Journal added. The Saudi government and The White House did not immediately respond to a request for comment.

Persons: PIF, Ma'aden Organizations: Wall Street, Democratic, Saudi Arabian Mining, Saudi Public Investment Fund, Manara Minerals, Saudi Locations: Los Angeles, United States, Saudi Arabia, Africa, Saudi, Democratic Republic of Congo, Guinea, Namibia, U.S, China, Brazilian, Congo

WEST CHESTER, Pa. (AP) — Police on Saturday reported two more confirmed sightings of an escaped murderer on the run for more than a week in southeast Pennsylvania amid a search by hundreds of law enforcement officers. Danelo Souza Cavalcante, 34, escaped from the Chester County Prison while awaiting transfer to state prison on Aug. 31 after being sentenced to life for fatally stabbing his ex-girlfriend in 2021. Prosecutors say he wanted to stop her from telling police that he’s wanted in a killing in his home country of Brazil. Authorities believe Cavalcante, spotted almost a dozen times since his escape, has managed to obtain clothing and other supplies. There’s now a $20,000 reward for information leading to the capture of Cavalcante, whose escape has attracted international attention and became big news in Brazil.

Persons: Danelo Souza Cavalcante, he’s, George Bivens, Michelle Bjork, There’s, Cavalcante, Danilo Souza Cavalcante, Válter Júnior Moreira dos Reis Organizations: WEST CHESTER, — Police, Prosecutors, Authorities, Pennsylvania, Police, ”, Friday, ” Authorities Locations: Pa, Pennsylvania, Chester, Brazil, Longwood, East Marlborough Township, Philadelphia, Kennett, Rio de Janeiro, Tocantins, Figueirópolis

☆ The Pennsylvania Fugitive: Why Wasn’t He Deported?
▼ + stars: | 2023-09-09 | by ( Miriam Jordan | More About Miriam Jordan | ) www.nytimes.com time to read: +1 min

At an unknown time and at an unknown location, Danelo Souza Cavalcante, a 34-year-old citizen of Brazil, entered the United States unlawfully — without being inspected or admitted by a U.S. immigration official, according to the Department of Homeland Security. Sometime after that, in April 2021, prosecutors said he fatally stabbed his Brazilian girlfriend in front of her children in Pennsylvania, and he was convicted of murder and sentenced to life in prison. It was the second time he was accused of a horrific crime: He was fleeing a 2017 murder charge in Brazil when he entered the United States, the authorities said. His escape from the Chester County Prison in Pennsylvania on Aug. 31 touched off a colossal manhunt, now entering its second week, and a host of questions about why Mr. Cavalcante had not been deported after his arrest in the United States — and whether, once captured, he would remain in a U.S. prison at taxpayers’ expense. The case highlights an issue the criminal justice system has long confronted: the question of what happens when crimes are committed by undocumented immigrants, who studies show are much less likely to commit crimes than U.S.-born citizens.

Persons: Danelo Souza Cavalcante, Cavalcante Organizations: Department of Homeland Security, Prison Locations: Brazil, United States, Pennsylvania, Chester, U.S

Santos, the club where Pelé and Neymar started, also doesn't accept that the Al-Hilal striker broke the record of the man the club and Brazilians call their king. Pelé scored twice in Brazil's 2-2 draw with Inter Milan in 1960. In 1960, he claimed a hat-trick in a 3-1 triumph over against a combination of Egyptian and Syrian national team players. “I want to say this (record) doesn’t mean I am better than him (Pelé) or any national team player,” he said in a short statement. “I always wanted to write my story in the national team and today I did that.”___

Persons: Neymar, Pelé, Neymar Jr, Ednaldo Rodrigues, ” Neymar, Rodrigues, “, Santos, Al, ”, Mauro Cézar Pereira, Renato Mauricio Prado, Lionel Messi, Cristiano Ronaldo Organizations: SAO PAULO, —, Brazil's, FIFA, “ FIFA, Inter Milan, Atletico Madrid, Sweden's, Pelé, Syrian national, Neymar, Brazil —, Argentina, Copa Locations: — Brazil, American, Bolivia, Hilal, Brazil, Sweden's Malmo, Northeastern, Pernambuco, London, Rio de Janeiro, Portugal, Copa America

☆ Neymar Jr. breaks Pelé’s all-time scoring record for Brazil
▼ + stars: | 2023-09-09 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —Neymar Jr. scored twice in Brazil’s 5-1 victory over Bolivia on Friday to surpass the great Pelé as the country’s top male all-time scorer. “I never imagined reaching this record,” said Neymar – who has represented Brazil 125 times – afterwards, per Reuters. And today I did that.”Pelé is widely regarded as one of the sport’s all-time greats, scoring 77 goals for Brazil and is the only player to win three World Cups. Neymar recently joined Saudi Pro League club Al-Hilal from French Ligue 1 champion Paris Saint-German. He became the world’s most expensive footballer when he joined the Parisian club from Barcelona in 2017.

Persons: CNN — Neymar Jr, “, ”, Neymar –, Pelé, Neymar Organizations: CNN, Bolivia, Reuters, Saudi Pro League, Al, French Ligue, Paris Saint Locations: Brazil, Hilal, French, Barcelona

☆ In 'macho' Mexico, stage set for first female president
▼ + stars: | 2023-09-09 | by ( Dave Graham | ) www.reuters.com time to read: +8 min

[1/2] Former Mexico City Mayor Claudia Sheinbaum reacts after she was nominated as a presidential candidate, in Mexico City, Mexico September 6, 2023. "It's extraordinary in a patriarchal country," said Josefina Vazquez Mota, who made history in 2012 as the first female presidential candidate for one of Mexico's main parties. "Just imagine having a female president in a country as macho as Mexico!" Mexican women did not win full voting rights until 1953, 33 years after the neighboring United States. Today, Vazquez Mota said, her PAN ally Galvez no longer had to respond to whether Mexico was ready for a female president.

Persons: Mexico City Mayor Claudia Sheinbaum, Henry Romero, Claudia Sheinbaum, Xochitl Galvez, Galvez, Josefina Vazquez Mota, Vazquez Mota, Maria del Carmen Garcia, Mexico City Mayor Sheinbaum, Andres Manuel Lopez Obrador, Marcelo Ebrard, Angelica Rodriguez, femicides, Guadalupe, Sor Juana Ines de la Cruz, Lorenzo Meyer, anticlerical, Gabriela Cuevas, Dave Graham, Stefanie Eschenbacher, Alberto Fajardo, Stephen Eisenhammer, Claudia Parsons Organizations: Mexico City Mayor, REUTERS, Action Party, PAN, Mexican, Court, men's, Roman, Virgin, Church, Colegio de Mexico, Reuters Graphics, Inter, Parliamentary Union, Federal, Vamos, OECD, Mexican Institute for Competitiveness, Thomson Locations: Mexico City, Mexico, MEXICO, America, Brazil, Honduras, Peru, United States, Canada, Yucatan, Reuters Graphics Mexico, Britain, Mexican, U.S, Turkey, Argentina

SAO PAULO (AP) — Neymar became the top goal scorer for Brazil’s national team after surpassing the total of three-time World Cup winner Pelé on Friday. Neymar's record-breaking goal came after a low cross into the penalty box, which the striker finished with accuracy from close range. FIFA does not count goals the three-time World Cup winner had at national team friendlies against clubs. Neymar’s most-recent match for Brazil before the victory over Bolivia was the World Cup quarterfinal loss to Croatia. He left Qatar with doubts about his future in the national team and did not play the Selecao’s first three games this year.

Persons: — Neymar, Pelé, Al, Billy Viscarra, “, ___ Organizations: SAO PAULO, Brazil’s, Bolivia, Neymar, FIFA, Twitter, Croatia Locations: Amazon, Belém, Hilal, Neymar’s, Brazil, Bolivia, Qatar

☆ ComBio wants industrial players to use sustainable biomass instead of fossil fuels for heat generation. Check out the 9-slide pitch deck it used to raise $90 million in growth capital.
▼ + stars: | 2023-09-08 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Brazilian company ComBio wants industrial players to swap out fossil fuel boilers for biomass. Founded in 2008, ComBio has developed biomass-based systems to remove the need to use oil and gas when generating heat. The company sources biomass from agricultural and forestry waste, which it said is sustainable and would typically have no other use. "If you look at the energy transition on heat, on thermal, you have quite limited options and by far the best one is biomass," Filho said. Check out the 9-slide pitch deck the company used to raise the funds below.

Persons: Lightrock, ComBio, Paulo Skaf Filho, Filho Organizations: Capital, Renewables, US International Trade Administration Locations: London, Brazil, Europe

☆ Mercosur reply on trade deal addendum already sent to EU, Brazil minister says
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Sept 6 (Reuters) - Brazil's Foreign Relations Minister Mauro Vieira said on Wednesday the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has already sent the European Union their position on an European addendum to their long-awaited trade agreement. Mercosur's counterproposal follows a so-called side letter from the EU including environmental safeguards to address strong reservations expressed by many EU member countries about the deal, which has been under negotiation for two decades. Reporting by Gabriel Araujo; Editing by Kylie MadryOur Standards: The Thomson Reuters Trust Principles.

Persons: Mauro Vieira, counterproposal, Gabriel Araujo, Kylie Madry Organizations: SAO PAULO, Foreign, Mercosur, European Union, Thomson Locations: Brazil, Argentina, Paraguay, Uruguay

WASHINGTON (AP) — Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries. Russia and China, meanwhile, have declared a “no limits” partnership of their own. And the economic bloc of Brazil, Russia, India, China and South Africa — known as BRICS — is trying to increase its use of local currencies instead of the U.S. dollar. Russia is hoping it can use its power over Ukraine’s Black Sea exports as a bargaining chip to reduce Western sanctions. That may be difficult as G20 nations increasingly gravitate into blocs and with some leaders, including Chinese President Xi Jinping, opting to skip the summit.

Persons: Janet Yellen, —, Joe Biden, Yellen, Vladimir Putin, Putin, Rachel Ziemba, ”, Xi Jinping, Josh Lipsky, Lipsky, Xi, Mark Sobel, ” Sobel, Ziemba Organizations: WASHINGTON, —, U.S ., West, Center, New, New American Security, Treasury Department, International Fund for Agricultural Development, GeoEconomics, Fund, Center for Strategic, International Studies, U.S, New Development Bank, Monetary Fund, World Bank, ”, European Union Locations: Russia, India, U.S, Moscow, Ukraine, United States, China, Brazil, South Africa, New Delhi, New American, Argentina, Australia, Britain, Canada, France, Germany, Indonesia, Italy, Japan, Mexico, Saudi Arabia, South Korea, Turkey

☆ Former CEO of Brazil's Americanas denies knowledge of accounting fraud
▼ + stars: | 2023-09-05 | by ( Carolina Pulice | ) www.reuters.com time to read: +2 min

Allegations that Gutierrez and other executives were involved in accounting fraud were first made in June. Several former Americanas directors have testified before the congressional committee in the past few weeks. LTS said his comments "do not provide any proof of his allegations or refute evidence of his participation in the fraud". The holding company described what happened at Americanas as "cunning fraud". ($1 = 4.9373 reais)Reporting by Carolina Pulice Editing by Edwina Gibbs and David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Miguel Gutierrez, Gutierrez, Americanas, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Telles, LTS, Sergio Rial, Edwina Gibbs, David Goodman Organizations: Reuters, Carolina, Thomson Locations: Americanas

☆ Brazil's Lula Legalizes More Indigenous Reservations in Amazon
▼ + stars: | 2023-09-05 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

By Anthony BoadleBRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Tuesday officially recognized two Indigenous territories, granting them legal protection as reservations to defend against invasions by illegal loggers, gold miners and cattle ranchers. Environmentalists say Indigenous groups are the best guardians of the rainforest and deforestation data shows that the forests on their reservations are the best conserved. Lula, who pledged to legalize the greatest number of reservations possible, has so far signed decrees recognizing eight Indigenous territories since taking office in January. The Supreme Court, however, is expected rule that the cut-off date for claiming ancestral lands that were not lived on in 1988 is unconstitutional for denying recognized Indigenous rights. The reservations legalized by Lula on Tuesday are the Acapuri de Cima and the Rio Gregorio Indigenous territories in the states of Amazonas and Acre, respectively.

Persons: Anthony Boadle BRASILIA, Luiz Inacio Lula da Silva, Lula, Cima, Sonia Guajajara, Guajajara, Anthony Boadle, Sandra Maler Organizations: Reuters, Rio, Indigenous Peoples Locations: Brazil, Rio Gregorio, Amazonas, Acre

[1/2] Brazil's Environment Minister Marina Silva meets Davi Kopenawa, chief of the Yanomami, after a ceremony to commemorate Amazon Day, at the Planalto Palace in Brasilia, Brazil, September 5, 2023. Environmentalists say Indigenous groups are the best guardians of the rainforest and deforestation data shows that the forests on their reservations are the best conserved. Lula, who pledged to legalize the greatest number of reservations possible, has so far signed decrees recognizing eight Indigenous territories since taking office in January. The Supreme Court, however, is expected rule that the cut-off date for claiming ancestral lands that were not lived on in 1988 is unconstitutional for denying recognized Indigenous rights. The reservations legalized by Lula on Tuesday are the Acapuri de Cima and the Rio Gregorio Indigenous territories in the states of Amazonas and Acre, respectively.

Persons: Marina Silva, Davi Kopenawa, Ueslei Marcelino, Luiz Inacio Lula da Silva, Lula, Cima, Sonia Guajajara, Guajajara, Anthony Boadle, Sandra Maler Organizations: Amazon, REUTERS, Rights, Rio, Indigenous Peoples, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Rio Gregorio, Amazonas, Acre

☆ The G7 is least bad group for a troubled world
▼ + stars: | 2023-09-04 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

In this troubled world, the Group of Seven rich democracies is the best bet for keeping the peace and protecting the planet. The Group of 20 large economies and the United Nations, both of which hold summits this month, are broken. India and Brazil may also be out of place in an expanded group which China seems to be dominating. G7 BY DEFAULTThat leaves the G7, which brings together the U.S., Japan, Germany, the United Kingdom, France, Italy and Canada. But to see off challenges from other groups, the G7 needs a more ambitious offer for the Global South.

Persons: Joe Biden, Volodymyr Zelenskiy, Vladimir Putin, Lehman Brothers, Narendra Modi, What’s, Putin won’t, Xi Jinping, haven’t, Donald Trump’s, Joe Biden’s, Putin, Peter Thal Larsen, Thomas Shum Organizations: Reuters, U.S, United Nations, UN, Security, Lehman, Indian, United, International Monetary Fund, Freedom House, U.S ., American, European Union, Global, Thomson Locations: Ukraine, Hiroshima, Japan, China, U.S, Soviet Union, Russia, United Kingdom, France, New Delhi, India, loggerheads, Brazil, South Africa, Argentina, Ethiopia, Egypt, Iran, Saudi Arabia, United Arab Emirates, UAE, Mexico, Indonesia, Turkey, Thailand, Nigeria, Vietnam, Malaysia, Philippines, Bangladesh, Germany, Italy, Canada, Iraq, Britain, Europe, Asia, South Korea, Australia

☆ BHP says Brazilian court approves Samarco debt reorganisation plan
▼ + stars: | 2023-09-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Melanie Burton/File Photo Acquire Licensing RightsSept 4 (Reuters) - Australian mining giant BHP (BHP.AX) said on Monday a Brazilian court had approved the reorganisation plan for its Samarco joint venture, clearing the path for the cash-strapped Brazilian miner to move ahead with a $3.7 billion debt restructuring. On Sept. 1, the Second Business Court of Belo Horizonte, State of Minas Gerais, formalised Samarco's restructuring plan as part of the ongoing proceedings, BHP said. The reorganisation plan for Samarco, an iron ore miner that is 50% owned by BHP and 50% by Vale (VALE3.SA), allows for the Brazilian miner's existing financial debt to be exchanged for up to $3.7 billion of long-term unsecured debt, BHP said. "The new long-term debt will remain non-recourse to Samarco's shareholders, BHP Brasil and Vale," BHP said in a statement. Samarco, Vale, BHP Brazil, and the federal government of Brazil alongside other public authorities established the Renova Foundation to bring to force socio-economic programs to provide compensation for damage caused by the Samarco dam failure.

Persons: Melanie Burton, BHP, Roushni Nair, Paul Simao, Rosalba O'Brien, Jamie Freed Organizations: BHP Group, REUTERS, Business, Belo, BHP, Vale, BHP Brasil, Samarco, Renova Foundation, Thomson Locations: Perth, Australia, Belo Horizonte, State, Minas Gerais, VALE3, Vale, BHP Brazil, Brazil, Bengaluru

☆ Brazil soccer star Ronaldinho denies ties to company accused of scam
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

[1/3] Former soccer player Ronaldo de Assis Moreira (popularly known as Ronaldinho Gaucho) attends a session of the Parliamentary Commission of Inquiry (CPI) of the Financial Pyramids, at the Chamber of Deputies in Brasilia, Brazil, August 31, 2023. REUTERS/Ton Molina Acquire Licensing RightsAug 31 (Reuters) - Retired Brazilian soccer star Ronaldinho Gaucho on Thursday denied an accusation of involvement in a scam that has drawn national attention for deceiving victims with promises of profitable cryptocurrency investments. Ronaldinho said he signed a contract with the U.S. company 18k Watch Corporation in 2016 to create a line of watches bearing his image, the statement added. The same year, Ronaldinho and his brother were imprisoned in Paraguay for 171 days for using a falsified passport. The soccer star was named FIFA World Player of the Year in 2004 and 2005 and won the World Cup with Brazil in 2002 and the Champions League with Barcelona in 2006.

Persons: Ronaldo de Assis Moreira, Ronaldinho Gaucho, Ton Molina, Ronaldinho Comércio, Ronaldinho, Ricardo Silva, Carolina Pulice, Richard Chang Organizations: Parliamentary, Inquiry, REUTERS, National Congress, U.S, Watch Corporation, FIFA, Champions League, Barcelona, Reuters, Thomson Locations: Brasilia, Brazil, Brazilian, Barcelona, Paraguay

☆ Brazil eyes tax perks for energy sector, sparking 'green' vs oil debate
▼ + stars: | 2023-08-31 | by ( Marcela Ayres | ) www.reuters.com time to read: +4 min

Last year, more than 500 qualified energy projects received some 9 billion reais ($1.85 billion) in tax exemptions. However, senior officials at the Mines and Energy Ministry are pushing to broaden the incentives to include oil refineries and fuel storage facilities. Energy Ministry officials have argued that targeting tax benefits too narrowly would curtail oil and gas investments, calling in a technical note to expand incentives to oil and natural gas exploration, production and transportation. The Energy Ministry did not immediately respond to a request for comment. Brazilian state-run oil firm Petrobras (PETR4.SA) has forecast oil production for the next four decades, even as it ramps up investments in renewable energy.

Persons: Adriano Machado, Luiz Inacio Lula da Silva's, Lula, Marcela Ayres, Brad Haynes, David Gregorio Our Organizations: National, REUTERS, Petroleo Brasileiro SA Petrobras Follow, Reuters, Finance Ministry, Mines and Energy Ministry, Finance, Energy Ministry, Mines, Investments, Petrobras, PETR4, Thomson Locations: Brasilia, Brazil, Petroleo Brasileiro SA Petrobras Follow BRASILIA, Ukraine, biorefineries, divestments

☆ Messi to lead Argentina in opening World Cup qualifiers
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - International Friendly - Argentina v Panama - Estadio Monumental, Buenos Aires, Argentina - March 23, 2023 Argentina's Lionel Messi during the match REUTERS/Agustin Marcarian/File photo Acquire Licensing RightsBUENOS AIRES, Aug 31 (Reuters) - Lionel Messi will lead world champions Argentina in their opening World Cup qualifiers against Ecuador and Bolivia, the captain's first internationals since joining Major League Soccer's Inter Miami. Coach Lionel Scaloni's 32-man squad also features stalwarts including Angel Di Maria, who returned to Benfica this year, and defender Nicolas Otamendi. Argentina host Ecuador in Buenos Aires on Sept. 7 and travel to play Bolivia five days later. SquadGoalkeepers: Juan Musso (Atalanta), Emiliano Martinez (Aston Villa), Walter Benitez (PSV Eindhoven), Franco Armani (River Plate). Midfielders: Leandro Paredes (AS Roma), Rodrigo De Paul (Atletico Madrid), Guido Rodriguez (Real Betis), Facundo Buonanotte (Brighton & Hove Albion), Enzo Fernandez (Chelsea), Alexis Mac Allister (Liverpool), Exequiel Palacios (Bayern Leverkusen) and Bruno Zapelli (Athletico Paranaense).

Persons: Lionel Messi, Agustin Marcarian, Lionel Scaloni's, Angel Di Maria, Nicolas Otamendi, Alan Velasco, Bruno Zapelli, Lucas Esquivel, Lucas Beltran, Paulo Dybala, Geronimo Rulli, Juan Musso, Atalanta, Emiliano Martinez, Aston, Walter Benitez, Franco Armani, Nahuel Molina, Gonzalo Montiel, Juan Foyth, Marcos Senesi, Lisandro Martinez, Cristian Romero, Nicolas Tagliafico, Athletico, Leandro Paredes, Rodrigo De Paul, Guido Rodriguez, Facundo Buonanotte, Enzo Fernandez, Alexis Mac Allister, Exequiel Palacios, Nicolas Gonzalez, Lautaro Martinez, Angel Correa, Julian Alvarez, Alejandro Garnacho, Thiago Almada, Ramiro Sandolo, Janina Nuno Rios, Ed Omsond Organizations: Soccer Football, Estadio Monumental, REUTERS, Argentina, Ecuador, Major League Soccer's Inter Miami, Benfica, FC Dallas, Athletico Paranaense, Italy's Fiorentina, AS Roma, Ajax Amsterdam, Aston Villa, PSV Eindhoven, Atletico Madrid, Real Betis, Nottingham Forest, Villarreal, Manchester United, Tottenham Hotspur, Olympique Lyonnais, Brighton & Hove Albion, Chelsea, Bayern Leverkusen, Fiorentina, Inter, Manchester City, Inter Miami, Atlanta United, Thomson Locations: Argentina, Panama, Buenos Aires, BUENOS AIRES, Bolivia, Ecuador, Real, Nottingham, Bournemouth, Olympique, Benfica, Brighton, Liverpool, Athletico, Inter Milan, Manchester

☆ LatAm startups lay off staff, expect more IPOs next year - report
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Aug 30 (Reuters) - Two-thirds of Latin American startups have laid off staff over the last 18 months, as venture capital funding fell sharply in the region, according to "Latin America Digital Transformation" report by venture capital fund Atlantico. Venture capital funding in the second quarter slumped 65% in Latin America, compared with last year, and down more than the 49% globally during the reported period. As the volume of IPOs recovers globally, venture capitalists and Latin American unicorns may return to capital markets. Fintechs are among the fastest growing startups in the region, with digital payment systems such as the Central Bank of Brazil's PIX scheme helping to increase bank account penetration in the region. The launch of a new digital payment system in Mexico, as well as the arrival of digital banks, can change the scenario, according to the report.

Persons: IPOs, Julio Vasconcellos, Tatiana Bautzer, Sherry Jacob, Phillips Organizations: Atlantico, Venture, SoftBank, Arm Holdings, Central Bank of, Thomson Locations: Latin America, Atlantico, Argentina, Mexico

☆ Brazil's Lula wants to discuss changes to UN Security Council with Biden
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

President of Brazil Luiz Inacio Lula da Silva and President Joe Biden walk along the West Colonnade to the Oval Office at the White House in Washington, U.S. February 10, 2023. Sarah Silbiger/Pool via REUTERS/File photo Acquire Licensing RightsSAO PAULO, Aug 29 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wants to discuss the possibility of making changes to the United Nations Security Council with his U.S. counterpart Joe Biden. Lula, who has long campaigned for Brazil and other countries to be permanently included in the council, is expected to meet Biden on the sidelines of the U.N. General Assembly next month in New York. Last week, during a summit of the BRICS group of emerging nations in South Africa, the leftist leader called on fellow BRICS members China and Russia to support more countries entering the council as permanent members. The Brazilian leader added in a live broadcast on social media that BRICS members have agreed to discuss until next year's summit the possibility of establishing a common currency for trade between them.

Persons: Brazil Luiz Inacio Lula da Silva, Joe Biden, Sarah Silbiger, Luiz Inacio Lula da Silva, Lula, Biden, Gabriel Araujo, Eduardo Simoes, Kylie Madry Organizations: White, SAO PAULO, United Nations Security Council, U.S, General Assembly, Congress, Thomson Locations: Washington , U.S, Brazil, New York, South Africa, China, Russia, India, Germany, Japan

Brazil's Center for Research and Prevention of Aeronautical Accidents (CENIPA), in the interests of improving aviation safety, had said it would join a Russian-led investigation if it were invited and the probe held under international rules. U.S. aviation safety consultant and former investigator John Cox said an internal Russian investigation would always be questioned without the participation of Brazil, the country where the plane was manufactured. "I think it hurts the transparency of the Russian investigation." In air crash investigations, experts work to improve aviation safety without assigning blame, but probes are often tainted by political interests. Jeff Guzzetti, a former U.S. air crash investigator, said Russia should accept assistance from Brazil, even if CENIPA can only participate remotely.

Persons: Wagner, Yevgeny Prigozhin, Anton Vaganov, Prigozhin, Vladimir Putin's, Marcelo Moreno, John Cox, Cox, CENIPA, Jeff Guzzetti, Allison Lampert, Gabriel Araujo, Valerie Insinna, Denny Thomas, Grant McCool Organizations: Police, REUTERS, SAO PAULO, Embraer, EMBR3, Reuters, Wagner Group, Brazil's Center for Research, Aeronautical, United Nations International Civil Aviation Organization, Interstate Aviation Committee, Accident Investigation, U.S ., Convention, International Civil Aviation, Thomson Locations: Tver, Russia, MONTREAL, SA, Moscow, Russian, Ukraine, Montreal, St Petersburg, Brazil, U.S, Sao Paulo, Washington

A cameraman films wreckage of the private jet linked to Wagner mercenary chief Yevgeny Prigozhin near the crash site in the Tver region, Russia, August 24, 2023. U.S. aviation safety consultant and former investigator John Cox said an internal Russian investigation would always be questioned without the participation of Brazil, the country where the plane was manufactured. "I think it hurts the transparency of the Russian investigation." In air crash investigations, experts work to improve aviation safety without assigning blame, but probes are often tainted by political interests. Jeff Guzzetti, a former U.S. air crash investigator, said Russia should accept assistance from Brazil, even if CENIPA can only participate remotely.

Persons: Wagner, Yevgeny Prigozhin, Marina, Prigozhin, Vladimir Putin's, Marcelo Moreno, John Cox, Cox, CENIPA, Jeff Guzzetti, Allison Lampert, Gabriel Araujo, Valerie Insinna, Denny Thomas, Grant McCool Organizations: REUTERS, SAO PAULO, Embraer, EMBR3, Reuters, Wagner Group, Brazil's Center for Research, Aeronautical, United Nations International Civil Aviation Organization, Interstate Aviation Committee, Accident Investigation, U.S ., Convention, International Civil Aviation, Thomson Locations: Tver, Russia, MONTREAL, SA, Moscow, Russian, Ukraine, Montreal, St Petersburg, Brazil, U.S, Sao Paulo, Washington

☆ The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization
▼ + stars: | 2023-08-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

De-dollarization was a closely watched topic amid the BRICS summit last week. He said at a previous international meeting in July that it was important to establish an "independent financial system" based on local currency trade. But these international arrangements, trading arrangements, payment arrangements, these have been in place for a long time." AdvertisementAdvertisementInstead, South Africa appears to veer toward increasing the bloc's trade in local currencies. The economist who coined the term BRICS slammed the idea altogetherJim O'Neill, a former Goldman Sachs economist who first gave the BRICS bloc its name, has slapped down the idea of a common BRICS currency.

Persons: dollarization, SWIFT, Luiz Inacio Lula da Silva, Putin, Vladimir Putin, I'm, Hardeep Singh Puri, Puri, Xi, Xi Jinping, Enoch Godongwana, Paul Mashatile, Jim O'Neill, Goldman Sachs, O'Neill Organizations: Service, United, United Arab Emirates, Times, CNBC, Bloomberg, Financial Times Locations: Wall, Silicon, South Africa, Brazil, Russia, India, China, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, United Arab, New Delhi, Johannesburg, South

☆ Brazil's Atletico Mineiro become the first national champion club after 86 years
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

Aug 27 (Reuters) - It took 86 years, but Atletico Mineiro have finally been crowned as Brazil's first club champion after the country's football confederation (CBF) officially recognised their winning of the 1937 "Tournament of Champions" as comparable to a Brazilian Serie A Championship. Atletico can now add a third title to their history along with the 1971 and 2021 victories thanks to the decision of the body headed by Ednaldo Rodrigues to grant the club recognition of the long-standing title. The pioneering interstate tournament brought together five state champions of 1936 from different regions of Brazil and a delegation of the sports club of the navy. It was the first of national relevance to involve clubs that moved to the professional model, such as Fluminense and Atletico itself. After claiming the "Brasileirao" in 2021, Atletico requested recognition of the title they won almost a century ago.

Persons: Ednaldo Rodrigues, Sergio Goelho, Angelica Medina, Lincoln Organizations: Atletico Mineiro, CBF, Serie A, Atletico, Fluminense, Santos, Thomson Locations: Brazil, Mexico City

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