Brazil's right-wing president-elect Jair Bolsonaro picked retired General Carlos Alberto dos Santos Cruz as his minister in charge of political relations with Congress, and military engineer Tarcisio Freitas as his infrastructure ministry, a fifth and sixth military to his cabinet.
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.
The average price of gasoline at Petrobras' refineries has dropped around 20% in November as of Tuesday but that decrease will not hit retail prices anytime soon. The state-run petroleum company made the announcement Monday, but gas stations were reluctant to follow suit, at least not at the same level.
Brazil’s exiting President Michel Temer signed into law a 16% pay raise for Supreme Court justices on Monday, disregarding a request from his President-elect Jair Bolsonaro that he veto the bill to avoid increasing next year’s budget deficit.
Over the past few years, Brazil has held several very successful oil auctions under production-sharing contracts in its pre-salt layer, attracting major oil companies to its prized offshore oil area.
A gang of some 50 armed individuals attacked on Sunday night two banks, as well as military and police barracks, in a city in the northeast of Brazil, burning vehicles and causing a shooting that left three suspects dead.
Brazil's jailed ex-president Lula da Silva's legal troubles mounted on Monday as he was accused by the Sao Paulo public prosecutor's office of money laundering in his dealings with Equatorial Guinea.
Brazilian food company Minerva SA has signed memorandums of understanding with China's Alibaba and another five clients in the world's most populous nation to supply frozen beef for a period of five years.
President-elect Jair Bolsonaro said his government would not send back the tens of thousands of Venezuelans who have sought refuge in Brazil from the economic breakdown in their populist ruled homeland.
The destruction of Brazil's Amazon rainforest reached its highest level in a decade this year, government data released on Friday showed, driven by illegal logging and the encroachment of agriculture in the jungle.