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Cargill enters dispute for Brazil soy crusher's assets
  + stars: | 2023-06-16 | by ( Ana Mano | ) www.reuters.com   time to read: +2 min
In court documents seen by Reuters, Cargill expressed interest in bidding for the assets but sought clarification about the liabilities attached to the plants. Geraldo Gouveia Jr, Imcopa's attorney, told Reuters the bankruptcy judge has made no decision yet related to the request to suspend the court-supervised auction. Bunge, which has long sought to acquire Imcopa's assets, signed a contract to buy the Araucaria and Cambe plants in May 2020. Citing bankruptcy court filings, Imcopa's Gouveia Jr said Bunge has publicly reiterated interest in buying Imcopa's plants. The assets remain attractive because they produce high value soy byproducts for export and the domestic market.
Persons: Cargill, Bunge, Geraldo Gouveia Jr, Imcopa's Gouveia Jr, Ana Mano, David Evans Organizations: SAO PAULO, Reuters, Bunge, Imcopa, Thomson Locations: Parana, Paranagua, Brazil
Trump has long accused it and the U.S. Justice Department of being out to get him. Trump's closest rival for the nomination, Florida Governor Ron DeSantis, decried the "weaponization" of federal bureaucracy after Trump's indictment. Haley said Trump had acted recklessly, although she also said the FBI and Justice Department had "lost all credibility with the American people." None of the Republican president campaigns responded to requests for comment about their criticism of federal law enforcement and calls for an overhaul. A spokesman for the Justice Department, which oversees the FBI, declined to comment.
Persons: Donald Trump, Trump, Kyle Kondik, University of Virginia Center for Politics . Trump, Trump's, Hillary Clinton, James Comey, Clinton, Hunter Biden, Joe Biden, Biden, Christopher Wray, Timothy Naftali, Naftali, Ron DeSantis, Chris Christie, Asa Hutchinson, Nikki Haley, Haley, Bill Bowen, Bowen, Tim Reid, Nathan Layne, Gram Slattery, Ross Colvin, Alistair Bell Organizations: Republicans, Republican, Trump, U.S . Justice Department of, University of Virginia Center for Politics ., Reuters, White, FBI, Justice Department, Democratic, Department, New, South Carolina, Republican National Committee, U.S . Capitol, Thomson Locations: Russia, Florida, New Jersey, Arkansas, Portsmouth , New Hampshire
[1/5] Items seized from a neo-Nazi group who call themselves Crew 38 are displayed in Florianopolis, Santa Catarina state, Brazil April 24, 2023. "Santa Catarina is a land of WHITE PEOPLE, FOR WHITE PEOPLE," the anonymous sender wrote, signing off with the Nazi salute "SIEG HEIL." Researchers at Sao Paulo state's Unicamp university have tracked a more than 10-fold rise in the number of neo-Nazi cells in Brazil since 2015. SOUTHERN HATEThe problem of neo-Nazism is particularly acute in Santa Catarina, a state where many have German and Italian ancestry. The state has the largest proportion of white residents in Brazil, with 84% declaring as white in the last census.
Persons: Cristiano Estrela, Andrea Muller, Jair Bolsonaro's, Adolf Hitler, Bolsonaro, Flavio Dino, CONIB, Guilherme Franco de Andrade, Bolsonaro's, Arthur Lopes, Lopes, Luis Eduardo de Quadros, de Almeida, Steven Grattan, Gabriel Stargardter, Deepa Babington Organizations: Nazi, REUTERS, Reuters, Reuters Graphics, Federal Police, Nazism, Santa, Brazil's, Sao Paulo state's Unicamp, Federal University of Mato, Blacks, Haitian, Thomson Locations: Florianopolis, Santa Catarina state, Brazil, Itajai, Santa Catarina, Haiti, Nazi, Federal University of Mato Grosso, Sul, U.S, United States, Europe
CNN —One of two giant rubber ducks on display in Hong Kong’s Victoria Harbor was deflated on Saturday to protect it from sweltering temperatures. “Today, we originally planned to bring my child to see the yellow duck. “So, she was super sad, because she can see just only one.”Dutch artist Florentijn Hofman’s “Rubber Duck” initially appeared in Victoria Harbor a decade ago. “Double duck is double luck,” artist Hofman said in a statement. “The work emphasizes friendship and getting connected … ‘Double Ducks’ is not about looking into the past but enjoying the moment together!”
Persons: Florentijn, Hofman Organizations: CNN, Locals, Hong, Ducks Locations: Hong, Victoria, Hong Kong, Thailand, Victoria Harbor, France, Osaka, Sydney, Sao Paolo, Victoria Harbour
WASHINGTON, June 9 (Reuters) - A surprise Supreme Court ruling on Thursday has handed Democrats a potential boost in the 2024 congressional race by calling into question the constitutionality of Republican-drawn electoral districts throughout the U.S. South. That could force Alabama to redraw its seven House districts so that two would contain Black majorities or near-majorities, up from one now. Analysts said that would give Democrats a greater chance of winning seats across the South, where voting often breaks down along racial lines. Democrats said the ruling would give them a greater chance at winning back the chamber in the November 2024 election. "This decision will affect redistricting cases across the country and help deliver a House of Representatives that better reflects the diversity of our nation," said Suzan DelBene, chair of the Democrats' House campaign arm.
Persons: Suzan DelBene, Jack Pandol, Terri Sewell, Gram Slattery, Moira Warburton, Andy Sullivan, Stephen Coates Organizations: Republican, Analysts, Republicans, Representatives, Democrats, House, Democratic, Thomson Locations: U.S, Alabama, Washington, Louisiana, North Carolina, Alabama's
[1/3] Former U.S. President and Republican presidential candidate Donald Trump gestures during a campaign event in Manchester, New Hampshire, U.S., April 27, 2023. REUTERS/Brian SnyderWASHINGTON, June 9 (Reuters) - The indictment of former President Donald Trump on multiple charges related to his handling of classified documents on Thursday has thrust the Justice Department back into the center of the Republican presidential primary campaign. In a video posted on his Truth Social platform on Thursday, he reiterated previous assertions that the Justice Department has been weaponized for political ends. But he has shied away from promoting more aggressive reforms at the Justice Department. In a statement on Thursday night, he lambasted the Justice Department, calling it part of a "federal police state."
Persons: Donald Trump, Brian Snyder WASHINGTON, Joe Biden, DONALD TRUMP Trump, RON DESANTIS, Ron DeSantis, Christopher Wray, MIKE, Mike Pence, NIKKI HALEY Nikki Haley, Trump, Tim Scott, Wray, VIVEK RAMASWAMY, Vivek Ramaswamy, Asa Hutchinson, Gram Slattery, Alistair Bell Organizations: U.S, Republican, REUTERS, Department, Federal Bureau of Investigation, Justice Department, DOJ, Trump, Justice, UN, FBI, SCOTT South, Department of Justice, Fox News, ASA HUTCHINSON Former Arkansas, Thomson Locations: Manchester , New Hampshire, U.S, Florida, Washington, New York, RON DESANTIS Florida, SCOTT South Carolina
The fifth consecutive month of positive foreign investor cash flows to emerging markets came despite outflows of $7.2 billion from Chinese debt and a small $100 million inflow to the country's equities, the IIF found. Investor appetite for China has been cooling against a backdrop of disappointing data, deteriorating Sino-U.S. relations and regulatory crack-downs from Beijing that unsettled markets. Overall, investors put $6.9 billion into emerging market equities and $3.5 billion into debt. The bulk of the incoming cash - a total of $16.4 billion - went to Asian emerging markets, with equities in India, Taiwan and Korea drawing large investments. Investors pulled a total of $5.8 billion from emerging markets in Africa and the Middle East.
Persons: Amanda Perobelli LONDON, Jonathan Fortun, Fortun, Libby George, Toby Chopra Organizations: REUTERS, Institute of International Finance, Reuters, U.S, Investors, Thomson Locations: Sao Paulo, Brazil, outflows, China, U.S, Beijing, Asian, India, Taiwan, Korea, Africa, Outflows, South Africa
[1/6] Brazil's indigenous chief Raoni Metuktire takes part in a session of the Brazilian Supreme Court to debate the so-called legal thesis of 'Marco Temporal' (Temporal Milestone) in Brasilia, Brazil June 7, 2023. If it passes Congress, all eyes would turn to leftist President Luiz Inacio Lula da Silva, who has the power of veto. Indigenous groups, including members of the Xokleng community, protested outside the Supreme Court in Brasilia on Wednesday. Brazil's farm sector is also backing a bill in Congress that would set into law a cut-off date for land claims in 1988, the year Brazil's current Constitution was enacted. The hearing follows a setback for Indigenous people last week in Congress when the lower chamber passed the bill that limited the recognition of new Indigenous reservations.
Persons: Raoni Metuktire, Marco, Ueslei Marcelino BRASILIA, Justice Andre Mendonca, Jair Bolsonaro, Luiz Inacio Lula da Silva, Lula, Anthony Boadle, Gabriel Stargardter, David Gregorio Our Organizations: Brazilian, REUTERS, Ueslei, Big Agriculture, Wednesday, Thomson Locations: Brasilia, Brazil, Santa Catarina, Sao Paulo, Brazil's
CNN —A decade since it famously appeared in Victoria Harbour, Dutch artist Florentijn Hofman’s “Rubber Duck” sculpture has returned to Hong Kong. “Double duck is double luck,” Hofman said in a statement. One of artist Florentijn Hofman's "Rubber Duck" sculptures famously appeared in Hong Kong's Victoria Harbour in 2013. In the years since first arriving in Hong Kong, “Rubber Duck” has appeared in the waters of cities such as Seoul and Los Angeles. Ahead of the installation, images of the pair have been pasted on the side of the city’s trams and at subway stations around Hong Kong.
Persons: Florentijn, peng ”, ” Hofman, . Cheng, Jiang Zemin Organizations: CNN, Ducks, Victoria Harbour, South China Morning, Social Locations: Victoria Harbour, Hong Kong, Tsing, France, Osaka, Sydney, Sao Paolo, Hong, Victoria, South, Weibo, Seoul, Los Angeles, Keelung, Santiago , Chile
SAO PAULO, June 5 (Reuters) - Brazil's securities regulator has accused two former CEOs of retailer Americanas of failing to comply with information disclosure requirements following an investigation into the firm's accounting inconsistencies, the agency said. According to a document from securities regulator CVM made public on Monday, the two ex-CEOs, Sergio Rial and Joao Guerra, also failed to meet other obligations on informing investors. Americanas entered bankruptcy protection in January after uncovering around $4 billion in accounting inconsistencies. Americanas said in a statement that it was monitoring the CVM investigation and hoped any irregularities would be "duly clarified". The company did not mention the accusations against Guerra in its statement and he did not respond to a query via LinkedIn.
Persons: CVM, Sergio Rial, Joao Guerra, Rial, Guerra, Americanas, Andre Romani, Carolina Pulice, Jamie Freed Organizations: SAO PAULO, Thomson
June 5 (Reuters) - Beatriz Haddad Maia became the first Brazilian woman in 55 years to reach the quarter-finals at a Grand Slam when she beat Spain's Sara Sorribes Tormo 6-7(3) 6-3 7-5 at the French Open on Monday. Maria Bueno, who won seven singles titles at the slams, was the last Brazilian woman to reach the quarter-finals at a major in 1968, although Haddad Maia says she still cannot compare with the great "dancing tennis player". I think she's a very powerful woman," 14th seed Haddad Maia told a press conference after winning the longest women's match at this year's tournament. "I think tennis is not 100-meters race, it's a marathon especially my matches. Haddad Maia will face Tunisian seventh seed Ons Jabeur in the quarter-finals on Wednesday.
Persons: Beatriz Haddad Maia, Spain's Sara Sorribes Tormo, Maria Bueno, Haddad Maia, Gustavo Kuerten, Maria Esther Bueno, Sorribes Tormo, Angelica Medina, Pritha Sarkar Organizations: Thomson Locations: Wimbledon, Sao Paulo, Brazil, Mexico City
Milton da Costa Junior nosed his pickup through a remote stretch of the western Brazilian Amazon to check on his babies. Local authorities said the September 2021 incident, which Da Costa outlined in a police report that was reviewed by Reuters, is being investigated. Out of dozens of reforestation initiatives in the country, Rioterra and The Black Jaguar Foundation, a Brazilian-European group, are among the largest. Illegal invaders destroy in hours what it takes Rioterra or Black Jaguar a year to plant. In all, Black Jaguar has signed contracts with 26 farms and planted 326 hectares (806 acres) to date.
Persons: Milton da Costa, Da Costa, Carlos Nobre, Alexis Bastos, Rioterra, , Nobre, , Bastos, Jamari, Dejesus Aparecido Ramos, it’s, ” Bastos, Jair Bolsonaro, Germany –, Bolsonaro, Luiz Inácio Lula da Silva, Black, Ben Valks, Valks, Leandro Silveira, Silveira, São, ” Valks, aren’t, Cristina Banks, Leite, Marcos Mariani, Araguaia, Mariani, Tânia Irres, ” Irres, Regina Molke, I’ll, Clovis, Black Jaguar, Aquaverde, Renato Franklin, “ Ben, ” Franklin, L’Oreal, da Costa, ” Da Costa, da, Spring, Clare Trainor, Catherine Tai, Lais Morais, Ilan Rubens, Lucy Ha, John Emerson, Marla Dickerson Organizations: Milton da Costa Junior, Toyota, Reuters, Black Jaguar Foundation, National Institute for Space Research, Rioterra, Cultural, Environmental Studies, Petrobras, , Amazon Fund, Environment Ministry, United, United Arab Emirates, São Paulo, Global, Farmers, Brazil’s Central Bank, Brazil’s National Institute for Space Research, Imperial College London, Santana, Bolsonaro, United Nations, Space Agency, Copernicus, Sentinel Locations: Machadinho, Rondônia, Brazil, Germany, Brazilian, European, Manhattan, Lebanon, Nicaragua, Bastos, Porto Velho, droves, Rio, Black, Itapuã, Oeste, Norway, United Arab, Pará, Caixa, , Costa, Syria, Paris, Santana, Araguaia’s, Clovis, Regina, United States, South, Geneva, Rio Preto, da Costa
Slideshow ( 4 images )Ricardo Santin, head of a group representing firms like JBS and BRF, told Reuters the agreements with trade partners should limit any export restrictions to smaller geographic regions. Still, the details of a 2004 bilateral sanitary protocol with China, Brazil’s top chicken buyer last year, could spell some pain for exporters. WOAH outlines best practices for “zoning” and compartmentalizing HPAI infection to specific areas at risk in order to ease nation-wide restrictions, allowing countries to continue to sell and export of poultry. The U.S., which competes with Brazil in poultry export markets, had HPAI outbreaks but continued to ship products. Still, total poultry meat exports rose 3% by volume and 14% by value, as revised trade agreements limited trade restrictions compared with a previous record U.S. bird flu outbreak in 2015.
Persons: Ricardo Santin, Santin, HPAI, WOAH Organizations: SAO PAULO, Reuters, World Organization for Animal Health Locations: China, Beijing, Brasilia, Rio Grande do Sul, Brazil, Japan, Mexico, South Africa, U.S
"We are avoiding default tonight," Senate Majority Leader Chuck Schumer said on Thursday as he steered the legislation through his 100-member chamber. "In the coming months, Senate Republicans will continue working to provide for the common defense and control Washington Democrats’ reckless spending," he said in a statement. McConnell was referring to 12 bills Congress will work on over the summer to fund government programs in the fiscal year beginning Oct. 1, which will also carry out the broad instructions of the debt limit bill. Unlike most other developed countries, the United States limits the amount of debt the government can borrow, regardless of any spending allocated by the legislature. The last time the United States came this close to default was in 2011.
Persons: Joe Biden, Chuck Schumer, Biden, Kevin McCarthy, Mitch McConnell, McConnell, Janet Yellen, Schumer, McCarthy, Yellen, Roger Marshall, Richard Cowan, David Morgan, Moira Warburton, Gram Slattery, Scott Malone, Alistair Bell, Diane Craft, Kieran Murray, William Mallard Organizations: U.S, Senate, Representatives, Republicans, The Treasury Department, Democratic, Republican, Washington Democrats, Social Security, Treasury, Russia, Office, Thomson Locations: United States, America, West Virginia, U.S, Mexico, Ukraine, China, Russia
[1/2] Republican National Committee Chairman Reince Priebus speaks to the audience before the start of the Republican U.S. presidential candidates debate sponsored by CNN at the University of Miami in Miami, Florida, March 10, 2016. REUTERS/Carlo AllegriWASHINGTON, June 2 (Reuters) - The Republican National Committee on Friday announced relatively stringent limits on who can participate in the first 2024 presidential primary debate, posing a potential challenge for several long-shot contenders. The RNC, the Republican Party's governing body, will also require all attendees to support the eventual Republican nominee, the body said on Friday. The rules are almost certain to limit the number of candidates on the debate stage relative to previous election cycles. During the 2016 Republican presidential nominating process, for instance, some 17 candidates participated in the first debate.
Persons: Reince Priebus, Carlo Allegri WASHINGTON, Donald Trump, Doug Burgum, Perry Johnson, Ron DeSantis, Nikki Haley, Tim Scott, Gram Slattery, Nathan Layne, Colleen Jenkins, Marguerita Choy Organizations: Republican National, Republican U.S, CNN, University of Miami, REUTERS, Republican National Committee, RNC, Republican, North Dakota, South Carolina, Trump, Thomson Locations: Miami , Florida, Milwaukee, Iowa , New Hampshire, South Carolina, Nevada, North, Trump , Florida
On Wednesday, the minority Lula government faces another key vote in the chamber that will reduce the powers of the ministries of the environment and of Indigenous affairs. Lula called an emergency cabinet meeting to discuss the dilemma, and called the speaker of the lower house, Arthur Lira, whom he plans to meet as well, to ensure the measure passes. INDIGENOUS ENVIRONMENTAL SETBACKThe law passed on Tuesday would set a cut-off date for recognizing Indigenous land claims, establishing that they had to be occupied before Brazil's current Constitution was enacted in 1988. Brazil's 1 million Indigenous peoples are guaranteed by the Constitution the right to live on ancestral lands. After the bill passed, the minister of Indigenous peoples, Sonia Guajajara, said that the deputies who backed it would be "responsible for approving a bill that explicitly attacks the lives of Indigenous peoples in Brazil."
Persons: Luiz Inacio Lula da Silva, Lula, Arthur Lira, Jair Bolsonaro, Bolsonaro, Sonia Guajajara, Lisandra Paraguassu, Ricardo Brito, Maria Carolina Marcello, Anthony Boadle, Matthew Lewis Organizations: Lawmakers, Liberal Party, Thomson Locations: BRASILIA, Congress, Sao Paulo, Brazil's, Brazil, Brasilia
HONG KONG, May 31 (Reuters) - An absence of women among China's top leadership is concerning, the United Nations said in a report, as it recommended China adopt statutory quotas and a gender parity system to quicken equal representation of women in government. The committee said that while China's representation of women in political and public life has increased, it was concerned that women only represent 26.54% of deputies to the 14th National People's Congress. It urged China to increase the number of women in all government bureaus including the judiciary and foreign service, particularly at decision making levels. The committee said it was concerned about the excessive restrictions on the registration of non-governmental organisations as well as reports of intimidation and harassment against women human rights defenders. Feminist voices have also been muzzled and in recent years, the government has increasingly emphasized the value of traditional roles for women as mothers and carers.
Persons: Xi, Martin Pollard, Raju Gopalakrishnan Organizations: United Nations, quicken, UN, Leste, National People's, Communist, Thomson Locations: HONG KONG, China, Germany, Iceland, Sao Tome, Principe, Slovakia, Spain, Timor, Venezuela, Beijing
The Life and Times of China’s Pirate Queen
  + stars: | 2023-05-30 | by ( E. Lily Yu | ) www.nytimes.com   time to read: +2 min
The book opens with Shek Yeung’s husband, Cheng Yat, receiving a mortal injury. To carry out that wish, Shek Yeung negotiates a marriage to his heir, Cheung Po, with the promise of a son. Despite the fearsomeness of the historical figure, Chang-Eppig’s Shek Yeung is pensive and passive. When Shek Yeung disembowels a man, we do not see, hear, feel or smell anything. Only in the last 100 pages, when the Qing emperor’s pirate hunter, Pak Ling, becomes a credible threat, does Shek Yeung blossom into her namesake and act with vitality and resolve.
Persons: Rita Chang, Ching Shih, Cheng, Sao, Yeung, Ching, Kuang’s, Bardot, , Larry Feign’s, ” Rita Chang, Shek, Cheng Yat, Shek Yeung, Cheung Po, Chang, Pak Ling Organizations: AS, SEA, “ Pirates Locations: South China, Caribbean
The approval, by 283 votes to 155, comes after Indigenous groups blocked a highway and burned tires to protest the measures earlier on Tuesday. Outside Sao Paulo, Brazil's largest city, demonstrators blocked a major motorway with flaming tires and used bows and arrows to confront police, who dispersed them with tear gas. Indigenous groups from across the country planned a week of protests outside Congress in the capital Brasilia. Lula legally recognized six Indigenous territories last month. Reporting by Anthony Boadle in Brasilia and Leonardo Benassatto in Sao Paulo; Editing by Brad Haynes, Cynthia Osterman and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
Persons: Bill, Marco, Amanda Perobelli, Jair Bolsonaro, Luiz Inacio Lula da Silva, Bolsonaro, Lula, Anthony Boadle, Leonardo Benassatto, Brad Haynes, Cynthia Osterman Organizations: SAO PAULO, REUTERS, Supreme, Sao Paulo, Thomson Locations: BRASILIA, SAO, Sao Paulo, Brazil's, Brasilia, Guarani, Brazil, Sao, Lincoln
Florida Governor Ron DeSantis, a candidate for the Republican 2024 presidential nomination, said the deal does not do enough to change the fiscal trajectory. "After this deal, our country will still be careening toward bankruptcy," he said on Fox News. There's no question about that," said Republican Representative Dusty Johnson, who said he had talked to dozens of fellow lawmakers. Some $4 trillion in debt for - at best - a two-year spending freeze and no serious substantive policy reforms," Roy wrote on Twitter. McCarthy has predicted it will draw the support of most of his fellow Republicans, who control the House 222-213.
A failure by Congress to deal with its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession. Hours before the deal was announced, some hardline Republicans balked at McCarthy cooperating with the White House. Progressive Democrats in both chambers have said they would not support any deal that has additional work requirements. This deal does, sources say, adding work requirements to food aid for people aged 50 to 54. But Republicans and Democrats will need to battle over which ones in the months to come, as the deal doesn't specify them.
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WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to suspend the federal government's $31.4 trillion debt ceiling on Saturday evening, ending a months-long stalemate. Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal, McCarthy briefed his members later in the evening, and the White House and the House leader spoke afterward. [1/6] General view of the U.S. Capitol after U.S. House Speaker Kevin McCarthy (R-CA) reached a tentative deal with President Joe Biden to raise the United States' debt ceiling and avoid a catastrophic default, in Washington, U.S. May 27, 2023. The long standoff on raising the debt ceiling spooked financial markets, weighing on stocks and forcing the United States to pay record-high interest rates in some bond sales. The work to raise the debt ceiling is far from done.
In pictures: Sao Paulo Fashion Week
  + stars: | 2023-05-26 | by ( Jillian Kumagai | ) www.reuters.com   time to read: 1 min
Bakhmut, a small eastern city that has for months been the target of a Russian offensive, has seen intense fighting and destruction in what has become the...
Brazil's Haddad argues country is ready for interest rate cuts
  + stars: | 2023-05-26 | by ( ) www.reuters.com   time to read: +2 min
SAO PAULO, May 26 (Reuters) - Brazil Finance Minister Fernando Haddad on Friday said the country is about to enter a downward cycle of interest rates, pointing out that inflation is "more behaved." "We are about to.. have a downward cycle of interest rates. "Long-term interest rates are falling. The monetary authority has held Brazil's benchmark interest rate at 13.75% since September. Central bank chief Roberto Campos Neto has ruled out imminent cuts.
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