Fire breaks out at COP30 climate summit venue in Brazil
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Trump, Brazil
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Fire officials ordered the evacuation of the entire site for the conference, known as COP30, and it wasn’t clear when the talks would resume.
By Sudarshan Varadhan, Kate Abnett and William James BELEM, Brazil (Reuters) -Brazil, host of the COP30 conference, urged countries to unite for a deal to strengthen international climate efforts on Friday,
Brazil presented the COP30 climate summit with a deal in the early hours of Friday that omitted any reference to exiting fossil fuels amid stiff resistance from producing countries.
Mr. Trump cited "various officials" whom he said advised him that "certain agricultural imports from Brazil should no longer be subject" to the 40% tariff, in part because of progress the U.S. has made in its trade negotiations with Brazil.
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The Brazilian central bank said on Friday it will offer up to $2 billion in two dollar auctions with repurchase agreements on Monday morning.
Brazil’s former President Jair Bolsonaro ’s lawyers on Friday petitioned the Supreme Court requesting that he serve his prison time under house arrest, citing poor health. Bolsonaro was convicted in September of attempting a coup following his 2022 electoral defeat and was sentenced to 27 years and three months in prison.