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Exclusive-Brazil 'natural' coffee hits premium market in challenge for small farmers

Arabica coffee from Brazil usually rated lower grade has arrived in big volumes on the world's main price-setting market, traders said, in a fresh challenge for hand-picked premium beans from less efficient, smaller farms elsewhere in Latin America and Africa. Agricultural powerhouse Brazil grows almost half the world's arabica, much of it harvested by machine on large plantations. Now, global traders are adding these increasingly tasty Brazilian beans to the bags used to settle these contracts, five traders told Reuters, marking a previously unreported structural change set to weigh on world coffee prices in the long-term, the traders and four others in the industry said. ....

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Brazilian President Lula spoke highly of Pakistan-China relations and BRICS cooperation

"The cooperation between Brazil and China is on a solid basis and the relationship between the two countries is extraordinary," Lula said. Lula spoke highly of BRICS cooperation and placed high hopes on the development prospects of the NDB. The New Development Bank is a multilateral development bank jointly established by Brazil, Russia, India, China and South Africa in 2015. It provides investment and financing for infrastructure construction and sustainable development projects in BRICS and other emerging economies and developing countries. The NDB has approved 98 projects in member countries, with a total investment of about US$332.<> billion. ....

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