Senator and Banker in Brazil Arrested for Obstruction
Brazilian Senator, Delcidio Amaral and BGT Pactual Bank’s CEO, Andre Esteves were arrested on Wednesday, accused of obstructing investigations surrounding...
November 26, 2015Topic
scandal
Brazil’s Lava Jato Turning to Energy Companies in 16th Phase
The sixteenth phase of the Lava Jato (Car wash) investigation has started this morning with a focus on electricity companies,...
July 28, 2015
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, 2015
Brazil’s Federal Police to Investigate After FIFA Scandal
The Polícia Federal (Federal Police) has announced the opening of a investigation into possible ramifications of the corruption scandal at...
May 29, 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
Opinion: The Curmudgeon on “Reputational Rescue”
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – The title is a phrase used Thursday, March 5th, by Luis...
March 7, 2015
Petrobras May Help Push Brazil Stock Market Down 35 Percent
The Brazilian stock market fall is the largest drop of any major stock market with the exception of Greece and...
February 19, 2015
Former Petrobras Executive Arrested at Rio’s Airport
Nestor Cerveró, former head of internationals at Petrobras, was arrested this morning (January 14th) when he disembarked at Rio's Galeão...
January 14, 2015
Opinion: The Palace Coup in Brasília, a Smidgen
Opinion, by the Michael Royster RIO DE JANEIRO, BRAZIL - Yesterday’s (and today’s) news about the Lava-Jato (“Car Wash”) arrests...
November 16, 2014