GFM Network News


As Amazon burns, Bolsonaro tells rest of world not to interfere

Brasilia/Sao Paulo | Reuters — Amid growing international criticism over wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest alight but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General Antonio Guterres both took to Twitter to express their […] Read more



Vale sells fertilizer unit to Mosaic

Brasilia/Sao Paulo | Reuters — Vale SA’s US$2.5 billion sale of its fertilizer business to Mosaic Co., the latest step in the Brazilian iron ore miner’s strategy to reduce debt, also makes it the U.S. company’s biggest shareholder. Mosaic, which made the deal to improve its access to Brazil’s vast agricultural markets, will pay $1.25 […] Read more