What We’re Reading — 25 July 2016

Is it darkest before the dawn? Brazil hopes so.
Brazil’s Economic Gloom Shows Signs of Lightening (WSJ)

Sadia Halal’s MENA operations going to market.
Brazil’s BRF Is Said to Eye $1.5 Billion IPO for Sadia Unit (Bloomberg)

And you think your nephews are deadbeats.
Prosecutor: Venezuela first lady's nephews confess drug deal (Washington Post)

Speaking of deadbeats, Venezuela owes Brazilian companies $3b.
Venezuela deve US$ 3 bi a empresas brasileiras (Valor)

Plan A to get out of jail didn’t work, so now for Plan B.
Peru's Jailed Former President Alberto Fujimori Seeks Pardon (NYT)

Statements you wouldn’t think needed to be made...
Paraguay and Brazil reiterate “Venezuela is a non full member of Mercosur” (Mercopress)