Brazil

• Saturday, October 1st 2016 - 02:46 UTC

  Sao Paulo mayor race has become a puppets' dispute between presidential hopefuls

  

  Next Sunday Brazilians will be going to the polls to elect mayors and councilors in 5.570 cities and towns across the country in what is the first test of the mood of voters since the impeachment of president Dilma Rousseff last month.

• Friday, September 30th 2016 - 11:24 UTC

  Spate of killings ahead of Sunday's municipal elections, the dark side of Brazilian politics

  

  The gunning down of a string of candidates ahead of nationwide municipal elections this Sunday is stoking fears that Brazil's toxic politics are headed into dangerous new territory. The main headline from Sunday's polls is expected to be the hammering of the populist Workers' Party, which many here blame for Brazil's punishing recession and sprawling corruption scandals.

• Wednesday, September 28th 2016 - 10:28 UTC

  No end to Petrobras spill: powerful couple (Senator and ex minister) indicted on corruption charges

  

  Brazilian Senator Gleisi Hoffmann and her husband, Paulo Bernardo Silva, who both served in the ousted government of former President Dilma Rousseff, were indicted on Tuesday by the Supreme Court on corruption and money laundering charges in the Petrobras graft investigation.

• Tuesday, September 27th 2016 - 10:56 UTC

  Palocci, the brainchild behind the successful years of ex president Lula da Silva

  

  A medical doctor by training, Antonio Palocci was Brazilian former president Luiz Inacio Lula da Silva's finance minister and a key player in the 2002 election campaign that put the union and PT (Workers Party) leader in the presidential seat.

• Tuesday, September 27th 2016 - 10:48 UTC

  Liaison man between Lula and Rousseff's presidencies, and corruption scheme arrested

  

  Brazilian presidents Lula da Silva and Dilma Rousseff former Presidential Chief of Staff and Finance Minister Antonio Palocci was temporarily arrested on Monday morning in São Paulo as part of the 35th phase of the Lava Jato (Car Wash) Operation investigating the Petrobras corruption scandal.

• Monday, September 26th 2016 - 13:16 UTC

  Brazil Supreme Court opens the door to investigate Temer on campaign funding

  

  Brazilian Supreme Court judge has authorized a preliminary investigation into allegations from former Transpetro head Sergio Machado that President Michel Temer illegally solicited campaign money in 2012. Machado, who secured a plea deal after being implicated in the widely publicized Lava Jato scandal, said in court that Temer had asked for donations to benefit Sao Paulo's mayoral campaign for Gabriel Chalita.

• Monday, September 26th 2016 - 10:56 UTC

  US Treasury Secretary on advisory visit to Argentina, Brazil, Colombia and Mexico

  

  U.S. Treasury Secretary Jacob Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. Lew will be visiting the four largest Latin American economies this week beginning with Argentina on Monday, recognizing efforts by President Mauricio Macri to reintegrate Argentina into the global economy.

• Saturday, September 24th 2016 - 08:02 UTC

  Temer links Rousseff's removal with the drastic change in economic policy

  

  Brazilian president Michel Temer addressing business leaders and foreign policy experts in New York earlier this week revealed another twist to the recent political events in the country which led to the impeachment and removal of his elected predecessor Dilma Rousseff.

• Saturday, September 24th 2016 - 07:46 UTC

  Latam modifies ownership structure before the entrance of Qatar airlines

  

  The Amaro family from Brazil, one of the main controllers of LATAM Airlines, sold a 6.47% stake in the regional carrier on Friday on the Santiago stock exchange for some US$296 million, as part of a strategy to modify the company's ownership structure.

• Saturday, September 24th 2016 - 07:27 UTC

  Petrobras sells major gas pipeline which feeds Brazil's core industrialized regions

  

  A consortium led by Canada's Brookfield Infrastructure has signed a deal to buy a controlling stake in a natural gas pipeline system in Brazil from Petrobras for US$5.2 billion. Under the deal, the consortium will acquire a 90% stake in Nova Transportadora do Sudeste S.A. (NTS). Petrobras will retain a 10% stake.