Latest Brazil government News

Brazil's Bolsonaro indicted for alleged money laundering for undeclared diamonds from Saudi Arabia

Jul. 05, 2024 00:23 AM EDT

SAO PAULO (AP) — The indictment of former Brazilian President Jair Bolsonaro for money laundering and criminal association in connection with undeclared diamonds from Saudi Arabia marked the far-right leader’s second formal accusation with more potentially in store. Two sources...

Brazilian police indict ex-President Bolsonaro in undeclared diamonds case, sources say

Jul. 04, 2024 20:19 PM EDT

SAO PAULO (AP) — Brazil's Federal Police have indicted former President Jair Bolsonaro for money laundering and criminal association in connection with undeclared diamonds the far-right leader received from Saudi Arabia during his time in office, according to a source with knowledge of the...

How tensions in Bolivia fueled an attempt to oust President Arce from power

Jun. 26, 2024 19:53 PM EDT

RIO DE JANEIRO (AP) — Armored vehicles rammed into the doors of Bolivia’s government palace on Wednesday as President Luis Arce said his country faced an apparent attempted coup. In a sense, the uprising was the culmination of tensions that have been brewing in Bolivia for...

Tax the super-rich, says a new report commissioned by Brazil for its G20 presidency

Jun. 25, 2024 16:19 PM EDT

RIO DE JANEIRO (AP) — A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations. Individuals with more than $1 billion in total assets would be required to pay the equivalent of 2% of...

New Petrobras chief is sworn in as market worries Brazil's government will have heavier hand

Jun. 20, 2024 02:14 AM EDT

RIO DE JANEIRO (AP) — The head of Brazil’s state-run oil giant Petrobras, Magda Chambriard, was sworn in Wednesday amid market concerns of increased government intervention in the company. President Luiz Inácio Lula da Silva — who nominated Chambriard — attended the ceremony...

G7 leaders tackle migration, AI and economic security on second and final day of summit in Italy

Jun. 14, 2024 15:30 PM EDT

BARI, Italy (AP) — The Group of Seven leading industrialized nations turned their attention to migration, artificial intelligence, economic security and the Indo-Pacific region on Friday, the second and final day of their summit in Italy. The G7 leaders stressed their determination to meet global...

G7 summit opens with deal to use Russian assets for Ukraine as Italy flexes its right-wing muscles

Jun. 13, 2024 15:13 PM EDT

BORGO EGNAZIA, Italy (AP) — A Group of Seven summit opened Thursday with agreement reached on a U.S. proposal to back a $50 billion loan to Ukraine using frozen Russian assets as collateral, giving Kyiv a strong show of support even as Europe's political chessboard shifts to the right. ...

G7 summit opens with deal to use Russian assets for Ukraine as EU's traditional powers recalibrate

Jun. 13, 2024 06:02 AM EDT

BARI, Italy (AP) — A Group of Seven summit is opening Thursday with agreement on a U.S. proposal to back a $50 billion loan to Ukraine using frozen Russian assets as collateral, giving Kyiv a strong show of support even as Europe's political chessboard shifts to the right. ...

China says it is willing to upgrade economic corridor with Pakistan and deepen ties with Brazil

Jun. 07, 2024 12:24 PM EDT

BEIJING (AP) — Beijing is willing to work with Islamabad to build an upgraded version of an economic corridor linking the two countries, China's leader Xi Jinping told visiting Pakistani Prime Minister Shehbaz Sharif on Friday. Sharif pledged to ensure the safety of Chinese workers...

She's the world's most expensive cow, and part of Brazil's plan to put beef on everyone's plate

Jun. 04, 2024 00:07 AM EDT

UBERABA, Brazil (AP) — Brazil has hundreds of millions of cows, but one in particular is extraordinary. Her massive, snow-white body is watched over by security cameras, a veterinarian and an armed guard. Worth $4 million, Viatina-19 FIV Mara Movéis is the most expensive cow ever...