Brazilian Federal Police raided the home of Science and Technology Minister Gilberto Kassab on Wednesday following accusations that he received millions in bribes from the JBS food company between 2010 and 2016.
Brazilian outgoing president Michel Temer said on Thursday his government will leave a primary budget deficit fewer than 130 billion reais (US$ 33.3 billion) when he hands over the reins to President-elect Jair Bolsonaro on January first.
The Brazilian corruption probe known as Operation Carwash (Lava Jato) has placed three out of five living former presidents of Brazil as defendants. Michel Temer, the current president, and José Sarney so far have been only arraigned.
Brazil has opened criminal proceedings against former leaders Lula da Silva and Dilma Rousseff for allegedly receiving bribes with money diverted from state-owned oil giant Petrobras. The Workers Party (PT) of the two ex-presidents has strongly denied the charges, calling them a “scandalous maneuver” with partisan motives.
Folha de Sao Paulo a leading Brazilian daily has revealed the secret negotiations between the administration of ex-president Dilma Rousseff and the Cuban government to contract Cuban doctors to work in Brazil.
Former Argentine President Cristina Fernández Kirchner (CFK) Monday criticized the administration of her successor Mauricio Macri in a speech that lasted over an hour at the anti-G20 summit in Buenos Aires, saying - among other things - that by taking a loan from the International Monetary Fund (IMF) the current president merely manages what is dictated to him.
Two money transfers from British NGO Global Justice Now to the Buenos Aires branch of the Association for a Fee for Speculative International Financial Transactions to Help Citizens (ATTAC) worth 32,000 sterling pounds combined, have drawn the attention of Argentine anti money laundering authorities who have launched an ex officio investigation.
Brazil’s top appeals court has ordered the release of one of meat processor JBS’ controlling shareholders, Joesley Batista, and Ricardo Saud, a lawyer for J&F Investimentos, which controls JBS. Both were arrested on Friday in an investigation into illegal campaign contributions and alleged bribery of government officials.
Joaquim Levy, managing director and World Bank chief financial officer, has been tapped to be the next president of Brazil’s national economic and social development bank BNDES, news advanced to a column in daily O Estado de S. Paulo published on Sunday.
Several Latin American presidents and political activists are scheduled to hold the First Forum of Critical Thinking next week in Buenos Aires, just a few days before the G20 summit which this year in being hosted by Argentina and will convene the world's leaders.