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Hurricane Ida forecast to strengthen as it nears Louisiana

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  NEW ORLEANS (AP) — Forecasters warned residents along the northern Gulf of Mexico coast to rush preparations ahead of Hurricane Ida, which is expected to rapidly intensify and bring winds as high as 130 mph (209 kph), life-threatening storm surge and flooding rain when it slams ashore Sunday in Louisiana. HURRICANE IDA: MORE COVERAGE – Hurricane Ida strikes Louisiana; New Orleans hunkers down – Packed with virus patients, Louisiana hospitals hit by Ida – EXPLAINER: Ida similar to Katrina, but stronger, smaller The National Hurricane Center warned that super-warm Gulf waters are expected to soon rapidly magnify Ida’s destructive power, boosting it from a Category 2 storm to an extremely dangerous Category 4 hurricane in just 18 hours or less. Landfall was expected Sunday afternoon. Vehicles head slowly east on the Interstate-10 twin spans leaving New Orleans while only a trickle of cars heads west back into the city before landfall of Hurricane Ida. (AP Photo/Matthe...

https://www.gov.br/mre/en

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  MEAT The Biggest Exporters of Beef in the World   Brazil is forecast to be the  biggest exporter of beef  and veal in the world in 2021.  Despite alreading being the biggest exporter of the meat,  Brazil was also one of the countries growing its exports the strongest, together with Argentina and Canada. While Brazilian beef is certainly is a sought-after product abroad, Brazil has also been criticized for its cattle industry which is strongest in the central states of the country and has caused a lot of deforestation. Cattle need feed and room to graze. Millions of acres have been cleared to make room for the animals themselves as well as soy plantations, a crop of which 80 percent is used for animal feed worldwide. The fires which wreaked havoc on the Brazilian rainforest in 2019 were caused by the burning of trees in connection to the clearing of forest for the soy and cattle industries, as well as small-scale farmers slashing and burning their cropland...

https://www.gov.br/mre/en

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  "Default" of court orders "scares a lot" the market, says former BC president     Arminio Fraga said that Guedes' maneuver to pay debts of R$ 90 billion "smells of default" The former president of the Central Bank and founding partner of Gávea Investimentos, Arminio Fraga, gave an interview to GloboNews and called the maneuver by Economy Minister Paulo Guedes to pay the precatório "scary" and said he had "a smell of default".  "There are several dimensions to this story without wanting to go too far, but on the one hand you have the very concept of precatório, precatório is debt, it's a decision ultimately that the government has to pay. So, this smells like default, it's worrisome. And then there's the impact on the ceiling, yeah, it's hard to believe that this was a surprise. These things come in a legal pipeline that takes a long time, it doesn't show up like that overnight. It shouldn't be an objec...

https://www.gov.br/mre/en

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  Brazil Petrobrás - The pricing policy behind the crisis at Petrobras     Exchange announcement at the head of the state-owned company generates turmoil in the market.  Bolsonaro intervention takes place after successive fuel readjustments in 2021 The Brazilian market went through turmoil this Monday (22), the first day of trading after the announcement of exchange at the command of Petrobras.  The Ibovespa and the shares of the state-owned company closed the day on a fall, while the dollar and the Brazil risk rose.  On Friday (19), President Jair Bolsonaro had announced a military man to command the oil company, after repeated adjustments in the price of fuel.  “Sleep with this” explains Petrobras' pricing policy and shows different views on the company's role.  The program also features special reporter Camilo Rocha talking about the calamity scenario in Acre and special reporter João Paulo Charleaux commenting on the definition of the second r...

https://www.gov.br/mre/en

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  More than 60% of industrialists believe that there will be rationing, points out CNI     A SURVEY SHOWS THAT 83% OF ENTREPRENEURS IN THE SECTOR FEAR INCREASED COSTS  Beatriz Puente*, from CNN, in Rio de Janeiro   August 10, 2021 at 2:15 pm |  Updated August 10, 2021 at 7:22 pm A survey carried out by the National Confederation of Industry (CNI) indicates that 63% of businessmen in the industrial sector believe that   electricity rationing   is a possibility for Brazil, given the low reservoirs and the red flag in the electricity bill. The survey also points out that nine out of ten entrepreneurs are concerned about the current scenario of water crisis, and 98% believe that there will be an increase in prices.  The biggest fear of the industrialists heard by the CNI is the increase in the cost of energy: 83% indicated this as the main concern.    The water crisis is due to the low in the reservoirs of hydroelectric plants...