Lula and Cunha Investigated in Lava Jato Corruption Scandal
Both ex-President Luiz Inácio Lula da Silva and current Speaker of the House of Representatives Eduardo Cunha are being investigated...
July 17, 2015Topic
Petrobras
Rousseff Meets with Lula in Brazil to Reverse Negative Perception
Plan is to publicize the positive actions of the Administration and increase Rousseff’s popularity,
July 15, 2015
Federal Police Arrest Another Petrobras Director in Brazil
With the arrest of Jorge Zelada, Brazil's Federal Police have now arrested four former Petrobras directors in connection with the...
July 3, 2015
Rio Governor Pezão Ensures Comperj Refinery Will Open
The governor of Rio de Janeiro, Luiz Fernando “Pezão” (Bigfoot), said that the troubled refinery Comperj will be completed.
July 1, 2015
Lava Jato Operation Arrests High-Level Executives in Brazil
Among those arrested were the presidents of Odebrecht and Andrade Gutierrez, the two largest construction conglomerates in the country.
June 19, 2015
Lava Jato Scheme Affects Brazil’s Ship-Building Industry
Bribery and money-laundering scheme may lead to the layoffs of forty thousand ship construction employees in the next four months.
April 30, 2015
Petrobras of Brazil Announces Losses of US$17 Billion in 2014
Petrobras of Brazil announced that corruption, bribes and devaluation of assets (impairment) cost the company over US$17 billion in 2014.
April 23, 2015
Ruling Party Treasurer Arrested in Corruption Scandal in Brazil
Treasurer is being investigated for passive corruption and money laundering linked to the Petrobras scandal.
April 15, 2015
Petrobras Signs Agreement with China’s Development Bank
Contract should relieve financial pressure over company, which has found it difficult to obtain foreign credit due to the widespread...
April 2, 2015