USDBRL 4.1261 +0.0557 (+1.37%)
Are the fires why the Real is so weak? The consequences of not controlling the fires has the following international reaction as released by the Financial Times, for example:
Victor Mallet in Biarritz and Arthur Beesley in Dublin 4 HOURS AGO
“France and other EU nations have threatened not to ratify one of the world’s biggest trade deals unless Brazil does more to fight fires in the Amazon rainforest, with President Emmanuel Macron saying that Brazil’s Jair Bolsonaro had “lied” about his environmental promises.
The threats to the trade pact between the EU and South America’s Mercosur bloc came as Mr Macron and other world leaders said the fires in the Amazon should be discussed urgently at this weekend’s G7 summit in France.
Ireland also called into question the EU’s trade deal with Mercosur, which is dominated by Brazil. Finland, which holds the EU’s rotating presidency, called for the bloc to examine the possibility of banning Brazilian beef.”
« Back to index