The weak Brazilian reals (BRL) against the U.S. dollar (US$) has encouraged Brazilian coffee farmers to increase selling over the past time. The BRL had depreciated 29.29% against the US$ by end-2020. At times, it fell to 5.99 reals per dollar. However, it gradually increased to 5.10 reals per dollar at the year’s end. Market observers have found that there is intervention by the Brazilian central bank whenever the BRL falls to 5.6-5.8 reals per dollar. Money market analysts have forecast that the BRL will rise to 4.5-4.8 reals per dollar in 2021. The domestic currency gain will ease the selling pressure though the coffee production may be large(1). … [Read more...] about Coffee trade prospect 2021
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Top Spanish general resigns over allegations of vaccination queue-jumping
“General Villarroya and other colleagues, my companion is 67, has Alzheimer’s and is blind. We are waiting for the vaccine. A clerk and a former nurse and we are in the first group. Are you more important?” tweeted a user with the handle @Marcosendra1. … [Read more...] about Top Spanish general resigns over allegations of vaccination queue-jumping
There’s more to working life than money
“The ‘cost’ of working as a motorbike driver, though, include being out in dangerous traffic all day, which increases the likelihood of having an accident,” she explained. “Likewise, selling bread or coffee on the street might come with a decent income, but young people can easily lose the professional contacts they’ve made, some of their specialised knowledge, and more importantly, the opportunity to constantly improve, which can only be done in an office environment.” … [Read more...] about There’s more to working life than money