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Brazil celebrates: 0.6% expansion in the third quarter: rebound of agriculture and industry

Brazil’s economy expanded in the third quarter at its fastest pace since early last year, official data showed on Tuesday, with 0.6% growth over the previous quarter driven by a strong performance in agriculture and a sharp rebound in the industry. Upward revisions to previous figures for the first two quarters this year meant that the economy no longer contracted in the January-March period, and so steered clearer of recession than had previously been thought. Latin America’s largest economy expanded…

China hungers for Brazil’s Grain Harvest

Africa is not the only continent China is investing in Author: Denise Chrispim Marin Conventional wisdom says China plans ahead. Right now, as it works to secure food supplies for the next 50 years, China is getting more active in Brazil, the world’s third-largest grain producer—and one with the significant untapped capacity to expand the cultivated land. China has been ramping up agricultural investments. In 2016, ChemChina raised eyebrows with a $43 billion bid for Syngenta, a major producer of seeds.…
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