Peru Cancels US$7 Billion Contract with Brazil’s Odebrecht
After cancelling US$7 billion pipeline, the Peruvian government said Odebrecht would have to shut down all of its operations in...
January 25, 2017Topic
Corruption
Brazil Improves Its 2016 Corruption Perception Ranking
Transparency International cited the 2016 US$3.5 billion Odebrecht settlement as an example for a good year for the Americas in...
January 25, 2017
Brazil’s Temer to Wait to Nominate Supreme Court Justice
The President said his nominee to replace Justice Teori Zavascki, would only come after a new rappourter has been appointed...
January 23, 2017
Fitch Classifies Brazil’s Odebrecht Risk as Very High
The agency's forecast that accords would improve the company’s situation did not materialize instead triggering corruption investigations in other countries.
January 18, 2017
Brazil’s Odebrecht to Pay US$8.9 Million to Peru For Bribes
The company admitted to Brazilian prosecutors payments of US$29 million in bribes to Peruvian officials to win contracts in the...
January 9, 2017
Editorial: Rio de Janeiro and Its Image Issues
Editorial, by Stone Korshak RIO DE JANEIRO, BRAZIL - It has long been said that "Brazil is a country of...
December 29, 2016Brazil’s Odebrecht to Pay U.S., Switzerland Billions in Fines
Already considered the largest-ever global bribery accord, Odebrecht, and subsidiary Braskem, agree to pay two foreign countries over US$3.5 billion...
December 22, 2016
Heavy Criticism for Brazil’s Modified Anti-Corruption Bill
For federal prosecutors the bill's approval may signal 'the beginning of the end' of the Lava Jato investigations.
December 1, 2016
Brazil’s Temer to Block Attempts at Legislative Amnesty
President Temer said he would any attempts by Congress to give amnesty to politicians who received illegal campaign contributions.
November 28, 2016