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  • Analysts Say Brazil's Public Social Security Reform Will Be Postponed to 2018 and Interest Rate Fall Will Slow Down

    The excitement that moved economists and analysts is being replaced by moderation. The perception that the public Social Security reform cannot be furthered with the same agility by President Michel Temer or a potential substitute is gaining momentum - and the reform is likely to be postponed to 2018.

    Published on 05/26/2017 - 13h32

  • 'Cracolandia' Drug Addicts Have already Spread to More than 20 Different Areas in São Paulo

    Five days after a police operation in Cracolandia (Crackland) in the center of São Paulo, drug addicts have spread to various parts of the region such as Paulista avenue, as well as the space underneath the Joao Goulart overpass which is also known as the Minhocão.

    Published on 05/26/2017 - 13h11

  • Owners of JBS Corporation Had Profits of US$ 49,7 million in 2016

    Brothers Joseley, 45, and Wesley Batista, 47, owners of the JBS Corporation, managed to earn personal profits of R$163 million (US$ 49,7 million) in 2016 alone, which corresponds to 74% of the fine that they will be required to pay as part of the plea-bargain agreement that they closed with the Federal General Prosecutor (PGR).

    Published on 05/25/2017 - 11h40

  • Brazilian Police Kill Ten People during an Operation on a Farm in Pará

    A joint action of the Military and Civil police departments of the state of Pará ended with ten people killed on Santa Lúcia farm, in the city of Pau d'Arco (867 kilometers south of the capital, Belém), on Wednesday, May 24.

    Published on 05/25/2017 - 11h30

  • Protest against President Temer in Brasília Ends in Violence

    The protest organized by labor unions and leftist movements against President Temer transformed Esplanada dos Ministérios, where Brazil's National Congress and state ministries are located in Brasília, into a battlefield as organizers clashed with the police and the National Security Force on Wednesday, May 24.

    Published on 05/25/2017 - 11h16

  • Crisis Erodes JBS Value and Threatens Expansion Plan

    The crisis triggered by the plea bargain deals of JBS's controllers eroded the company's value and created new risks for the ambitious international expansion plan it has been trying to get out of the paper for months.

    Published on 05/24/2017 - 11h46

  • Car Wash Operation Expert Contests Report Presented by Temer's Defense Team

    The head of the Federal Police's forensic specialists working in the Car Wash Operaton (Lava Jato) in Curitiba (Paraná), Fábio Salvador, stated that the hiring of a private expert by the defense team of President Michel Temer in the case of the recordings made by Joesley Batista, one of the owners of JBS, is a "humiliation".

    Published on 05/24/2017 - 11h34

  • Federal Police Arrest Aide to President Temer Accused of Receiving Bribes

    The Federal Police (PF) arrested Tadeu Filippelli (PMDB- Brazilian Democratic Movement Party), a special aide to the President of the Republic, as well as former governors of the Federal District José Roberto Arrauda (PR- Party of the Republic) and Agnelo Queiroz (Workers' Party) on Tuesday (the 23rd).

    Published on 05/24/2017 - 11h18

  • Allied Political Parties Await Removal of President Temer while Planning for Succession

    Political parties allied with Michel Temer's Government have come to the conclusion that the President has lost his ability to remain in office. Led by the PSDB (Brazilian Social Democracy Party), the main allied party in the governmental base, they have already quietly conveyed this conclusion to Temer, the PMDB (Brazilian Democratic Movement Party) leader.

    Published on 05/24/2017 - 11h00

  • Car Wash Operation Accuses Lula of Corruption and Money Laundering in Country Home Remodeling Case

    A taskforce from the Car Wash Operation lodged another accusation against former president Lula on Monday (the 22nd) - this time, the accusation of corruption and money laundering related to the country house in Atibaia (State of SP).

    Published on 05/23/2017 - 13h54