You are here

Brazil

Florida's Orange Growers May Never Recover From Hurricane Irma

Florida's Orange Growers May Never Recover From Hurricane Irma

Hurricane Irma destroyed half of Florida’s citrus crop when it tore through the state earlier this month, as we reported earlier this month. The state’s orange growers at the time described the damage from the storm as the worst they’d seen in their lifetimes, as we reported at the time.

Many of the affected groves of oranges and grapefruits were approaching harvest, too – and their destruction helped send the price of orange concentrate futures rocketing higher.

Brazilian Real Tumbles After Senate Rejects Landmark Labor Reform Bill

Brazilian Real Tumbles After Senate Rejects Landmark Labor Reform Bill

Brazil's landmark labor reform bill, intended to relax the country's restrictive labor laws and a main plank of embattled President Michel Temer's efforts to bolster investment and pull the economy out of its worst recession ever and widely seen as the country's second most important reform agenda after the Pension bill, was unexpectedly rejected by a special committee in Brazil's senate, with 10 votes against it, 9 in favor and 1 abstention. 

Pages