Brazil

Friday, September 8th 2017 - 09:09 UTC
End of the line: ex minister and confident claims Lula da Silva accepted US$ 100 million from Odebrecht

A former finance minister and close confidant of Brazil’s Lula da Silva accused the ex-president of receiving bribes from contractor Odebrecht, adding to a list of corruption accusations that threaten Lula’s ability to run for president in 2018.
Thursday, September 7th 2017 - 08:11 UTC
Top prosecutor accuses Lula and Dilma of forming a criminal organization

Brazil’s top prosecutor on Tuesday charged former Presidents Lula da Silva and Dilma Rousseff along with fellow Workers Party members with forming a criminal organization, the latest accusations in Brazil’s sprawling corruption scandal
Wednesday, September 6th 2017 - 07:28 UTC
A weakened Temer faces a second corruption charge with a divided congress

Brazilian President Michel Temer faces a tougher battle to quash an imminent second corruption charge because he has lost support among disgruntled members of his governing coalition in Congress, the country's lower house speaker said.
Wednesday, September 6th 2017 - 07:01 UTC
Rio 2016 Olympic Games, another can of worms, ...and of Olympic corruption

Brazilian and French authorities said on Tuesday they uncovered an international corruption scheme aimed at buying votes in awarding the 2016 Olympics. It is the latest allegation to tarnish the legacy of the Rio Games, the first Olympics in South America.
Friday, September 1st 2017 - 13:34 UTC
Meat packing giant JBS names independent advisory board for its US branch

JBS USA, a unit of São Paulo, Brazil-based meat packing giant JBS SA, has formed an independent advisory board that will provide counsel to the company’s executive leadership on corporate governance, government and regulatory affairs and other matters.
Thursday, August 31st 2017 - 10:36 UTC
Argentina considers renting fighter aircraft from Brazil for the G20 summit in Buenos Aires

Argentina will be hosting the 2018 G20 summit of world leaders and is considering renting fighter aircraft from Brazil as part of the security preparations since the country's air force is mostly grounded or with very limited interception and strike capacity, according to Argentine military sources.
Wednesday, August 30th 2017 - 08:35 UTC
Meirelles expects the Brazilian economy to grow between 2.5% and 3% in 2018

Brazil's Finance Minister, Henrique Meirelles, said on Monday that he expects the economy to grow “at around 3%” in 2018. His statement was made a few minutes after a ministerial meeting at the Planalto Palace, at a time when the government is preparing itself to confront a new charge against President Michel Temer.
Tuesday, August 29th 2017 - 11:30 UTC
Brazil limits discretionary subsidies through government banks lending

Brazil’s lower house of Congress approved the main text of a bill creating a market-based benchmark interest rate for state lender BNDES, in a victory for President Michel Temer. The lower house will now have to analyze three potential amendments to the bill early on Tuesday before sending the measure to a final Senate vote, speaker Rodrigo Maia told reporters.
Friday, August 25th 2017 - 09:31 UTC
Brazil opens vast Amazon nature reserve to mining

Brazil stripped a vast Amazon nature reserve of its protected status in a move that could expand mining in the region, in a decree published on Wednesday. The four million-hectare reserve is home to indigenous people but also rich in gold and manganese.
Thursday, August 24th 2017 - 10:07 UTC
Venezuela ousted chief prosecutor says she has evidence of Maduro and allies corruption

Venezuela's recently ousted chief prosecutor accused President Nicolas Maduro and several allies on Wednesday of participating in acts of corruption, saying she would turn over proof that would help other countries prosecute. Venezuela's government quickly fired back, accusing Luisa Ortega Diaz of “grave moral and ethical infractions.”