RIO DE JANEIRO, BRAZIL - Brazilian prosecutors have joined the list of factors that should significantly affect commodity markets in coming months.
While the pandemic is restricting supply, judges in Brazil have usually granted prosecutors' petitions to shut down large slaughterhouses and mining operations over the past weeks.
This contrasts with the US, where authorities take steps to keep companies running while implementing measures to contain the virus.
There are technical and cultural reasons behind the aggressive legal tactics. The civil code system in Brazil restricts the judges' ability to decide matters that have no statutory guidance, which limits their scope . . .