Brazil suspends beef exports to China after 2 cases of atypical mad cow disease

China and Hong Kong buy over 50% of Brazilian beef exports.

  • Brazil discovered two cases of “atypical” mad cow disease in two separate domestic meat plants ( ”atypical” means the disease develops spontaneously, not related to eating contaminated foods)
  • only the 4th and 5th cases of atypical mad cow disease detected in Brazil in 23 years

More from China, ride-hailing (tech) giant Didi has denied media reports about Beijing municipal government-led investment in the firm. Via Bloomberg news. 


Not related but in other weekend news Tokyo and three surrounding prefectures are preparing to extend COVID19 states of emergency by around 2 weeks. Another 6 prefectures are considering extensions also. 

Info via Japanese media.  

Invest in yourself. See our forex education hub.

Articles You May Like

Risk assets put on a brave face as China slows
US weekly EIA natural gas storage change +44 bcf vs +39 bcf expected
Gold prices fall by Rs 60, silver declines Rs 575
Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year
Swiss Franc Rises in Very Quiet Markets Euro and Sterling on the Soft Side

Leave a Reply

Your email address will not be published.