Brazil: former Lower House Speaker Cunha, "Rousseff's hangman", sentenced to 15 years in jail for corruption

A Federal Court sentenced Brazil’s former speaker of the Lower House, Eduardo Cunha, to more than 15 years in prison on Thursday for corruption, making him the highest-profile political conviction yet in the “Operation Car Wash” scandal. The former politician’s defense team said they would appeal...

Read More

Relator da Lava Jato no STF anunciará em abril decisão sobre “lista de Janot”

O Relator da Operação Lava Jato no Superior Tribunal Federal (STF), Ministro Edson Fachin, informou por meio de sua assessoria que decidirá sobre pedidos da Procuradoria-Geral da República (PGR) ainda no mês de abril.  No dia 14 de março, o Procurador-Geral da República Rodrigo Janot enviou...

Read More

Brazil: Temer says meat fraud scheme impacts small part of industry; China temporarily bars Brazilian meat

Photo: Presidência da República/Beto Barata In a statement made Monday (Mar. 20), the Brazilian President Michel Temer said the issues uncovered at meat processing plants by the Federal Police as part of Operation “Weak Flesh” affect only a small part of the sector. “Agribusiness is of the utmost...

Read More

Operação "Carne Fraca": Propinas de frigoríficos teriam pago campanhas do PMDB e do PP; Bovespa reage com perdas no setor

A Polícia Federal lançou em seis Estados e no Distrito Federal nesta sexta-feira a Operação “Carne Fraca”, com o objetivo de desarticular organização criminosa supostamente liderada por fiscais agropecuários federais e empresários do agronegócio. A Operação investiga a venda ilegal de carnes por...

Read More

Brazil: Inflation likely to close out year below center of target

Brazil's official inflation, as measured by the National Broad Consumer Price Index (IPCA) is expected to close out the year below the center of the target (4.5%). The estimate was made by the Institute for Applied Economic Research (IPEA), which released its report on the first quarter of 2017....

Read More

New Brazilian Foreign Minister is a critic of Trump's victory, sponsors Mercosur, the Pacific Alliance and Free Trade

Foto: Pedro França/Agência Estado Brazilian President Michel Temer has picked as his new Foreign Minister a man who already has criticized U.S. President Trump. Temer named Senator Aloysio Nunes (71) to the post on Thursday to replace José Serra. Serra resigned last week alleging medical reasons....

Read More