Brazil's Federal Police arrested a businessman believed to be the leader of a criminal group responsible for the logging of 65 square kilometers of rainforest. The suspect is said to have illegally seized the Amazon land in the state of Pará for logging and cattle ranching.
Brazilian president Lula da Silva's lawyer, Cristiano Zanin, 47, took a seat for life on the country’s Supreme Court on Thursday. Zanin helped Lula overturn convictions stemming from Brazil’s sprawling “Car Wash” corruption investigation and was freed after 580 days of incarceration.
Wednesday relief for the Brazilian government, the central bank decided on a more aggresive rate-cutting reducing its benchmark interest rate by 50 basis points and signaling more of the same in the months ahead due to an improving inflation outlook.
Brazilian President Lula da Silva said on Wednesday that he supports more countries joining the BRICS group of large developing nations, (Brazil, Russia, India, China, and South Africa) when the group holds its summit in Johannesburg from Aug. 22 to 24.
A police operation in Rio de Janeiro slums known as favelas aimed at locating and arresting members of criminal groups has left 10 people killed, according to local media reports, thus bringing to 45 the number of deaths in similar operations by security forces nationwide in the last six days.
Brazilian Military Police (PM) forces have allegedly committed extra-judiciary executions during Operation Shield in the past few days in the city of Guarujá, on the coast of São Paulo, Agencia Brasil reported Wednesday. The officers randomly killed people identified as former prison inmates or with a police record, according to residents of the neighborhoods where the deaths occurred.
Brazilian President Luiz Inácio Lula da Silva Wednesday insisted that The world must help his country preserve the Amazon after deforestation in that natural area went down by 33.6% in the first semester of 2023, following Lula's Jan. 1 inauguration.
Brazil's giant oil and gas corporation Petrobras this week presented its second-quarter report, which showed a drop in oil exports in a scenario of increased processing at domestic refineries.
Brazilian authorities in the State of São Paulo confirmed ten people had died in a law enforcement operation following the murder of 30-year-old Military Police officer Patrick Bastos Reis. Commissioner Antônio Sucupira of Guarujá's Civil Police said two other people died Monday after Governor Tarcísio Gomes de Freitas had spoken of eight casualties. Ten others were arrested, including the suspected shooter, it was reported.
The world’s soybean market is dominated by one major buyer: China, and for years, Mercosur's leading member Brazil has taken an increasingly bigger share of that trade away from the US. So much so that Brazilian shippers are even starting to dominate during the typical season lull.