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Today, Brazil is abuzz with a variety of events that span the spectrum from political intrigue to environmental concerns. Starting with a notable uptick in the cattle industry, Mato Grosso has sent a staggering 10,120 cattle for slaughter to Mato Grosso do Sul, marking an impressive 34.61-fold increase over the previous month, mainly driven by competitive beef prices. This comes amidst a national rise in slaughter volumes, although Mato Grosso itself experienced a slight decline. In the political arena, the Brazilian Chamber of Deputies has fast-tracked an amnesty project related to the January 8 coup attempt, with President Lula hinting at a possible reduction in former President Jair Bolsonaro's hefty 27-year sentence, a move that has stirred controversy among his supporters.
On the economic front, the Central Bank of Brazil has maintained the Selic interest rate at 15% for the second consecutive meeting, reflecting a cautious stance amid prevailing uncertainties. Meanwhile, Argentina is witnessing massive protests in Buenos Aires against President Javier Milei's austerity measures, which have adversely affected public services.
In sports news, Palmeiras secured a crucial 2-1 victory against River Plate in Argentina, setting the stage for an exciting return leg in São Paulo. However, the excitement is dampened by a tragic incident in Belém, where preparations for the COP30 climate conference are overshadowed by a murder, highlighting ongoing security cha...
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