Brazil

Friday, May 4th 2018 - 08:09 UTC
Massive raid in Brazil, Uruguay and Paraguay after money laundering ring suspected of moving US$ 1.6bn

Brazilian investigators conducted one of their largest operations against graft ever on Thursday, targeting a money laundering ring linked to powerful politicians and businessmen that moved some US$1.6 billion through offshore accounts in 52 countries.
Wednesday, May 2nd 2018 - 08:31 UTC
Petrobras increases offshore production: plans an extra million bpd output next year

Brazil’s state-controlled Petrobras expects oil production to start by the end of June at its Tartaruga Verde e Mestica offshore platform, the second of seven facilities planned to be installed this year, a company executive said on Monday.
Wednesday, May 2nd 2018 - 08:08 UTC
Towering inferno in Sao Paulo: 24-storey building collapses after huge blaze

A 24-storey building used by squatters in the center of Sao Paulo, Brazil's biggest city, collapsed early Tuesday after a blaze that tore through the structure, leaving at least three missing. Survivors described waking in the night to find themselves surrounded by flames and escaping with their children before the tower turned to rubble.
Tuesday, May 1st 2018 - 09:40 UTC
Rousseff in Buenos Aires to join Labor Day and launch a book on Lula

Brazilian former president Dilma Rousseff will be joining May first Labor Day activities in Argentina, and participate of a special ceremony at the Argentine unions federation umbrella organization, CGT.
Tuesday, May 1st 2018 - 07:09 UTC
Lula da Silva and PT chief Hoffmann hit with fresh corruption charges

Imprisoned former Brazilian President Lula da Silva, along with the current leader of the Workers Party he founded, was hit on Monday with fresh corruption charges by federal prosecutors.
Monday, April 30th 2018 - 08:53 UTC
Two supporters of Lula da Silva injured with gunshots in Curitiba

A man was seriously wounded early on Saturday when a gunman opened fire on a vigil in the southern Brazilian city of Curitiba, where former president Lula da Silva is serving time for corruption, his party said.
Monday, April 30th 2018 - 07:53 UTC
Temer again suspends Asian tour: a ports' investigation has the president nervous

Brazilian president Michel Temer was again forced to suspend a trip to Asia which was scheduled for next week. The head of state had originally planned to travel last January but had to suspend it following on medical advice.
Friday, April 27th 2018 - 12:24 UTC
Brazil's Supreme Tribunal begins to address Lula's case on May 4th

Brazil’s Supreme Federal Court (STF) is to vote on a motion starting May 4 that could potentially release ex-president Lula da Silva from prison, the court said. Lula's defense team hopes to overturn a decision by Sergio Moro, a federal judge and head of a key corruption investigation that determined he had to begin serving a 12-year sentence for accepting bribes.
Friday, April 27th 2018 - 12:06 UTC
Bad news for Lula: imprisoned ex close advisor strikes deal with investigators

Former Brazilian Finance Minister Antonio Palocci has struck a plea deal with federal investigators, according to news advance from the Rio based O'Globo on Thursday, raising the stakes in a corruption scandal engulfing high-ranking politicians and prominent businessmen.
Thursday, April 26th 2018 - 08:31 UTC
Brazil soybean planting forecast to break a record for the ninth year running

Soybean planted area in Brazil is forecast to set a record for the ninth consecutive year at 35.8 million hectares, according to an April 24 Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture.