IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.60▲ 0.26% USD/MXN18.67▲ 0.35% USD/CLP988.80▲ 0.61% USD/COP3,274▼ 1.01% USD/PEN3.41▼ 0.05% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 1.12% USD/DOP60.60▲ 0.25% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.20▼ 0.42% BRENT 92.16 ▼ 0.65% WTI 85.80 ▼ 0.84% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.95% GOLD 3,950 ▼ 1.27% SILVER 51.00 ▼ 1.71% SOY 1,229 ▼ 0.02% CORN 447.75 ▼ 0.06% WHEAT 596.25 ▼ 0.54% COFFEE 269.70 ▲ 0.26% SUGAR 18.13 ▼ 1.89% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,075 ▲ 3.42% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.59 ▲ 0.20% USD/MXN 18.67 ▲ 0.35% USD/CLP 987.43 ▲ 0.47% USD/COP 3,274 ▼ 1.01% USD/PEN 3.41 ▼ 0.05% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.60 ▲ 0.25% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.20 ▼ 0.46% BRENT 92.16 ▼ 0.65% WTI 85.80 ▼ 0.84% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.95% GOLD 3,950 ▼ 1.27% SILVER 51.00 ▼ 1.71% SOY 1,229 ▼ 0.02% CORN 447.75 ▼ 0.06% WHEAT 596.25 ▼ 0.54% COFFEE 269.70 ▲ 0.26% SUGAR 18.13 ▼ 1.89% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,075 ▲ 3.42% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
since 2009
Thursday, November 12, 2026

Brazil Politics - Brazil

Brazilian Police Arrest Italian Drug Lord After Years on the Run

By · · 2 min read

RIO DE JANEIRO, BRAZIL – (REUTERS) Brazil’s Federal Police on Monday arrested Rocco Morabito, a fugitive Italian drug lord with ties to the powerful ‘Ndrangheta criminal gang, underlining the growing importance of Brazil in the Europe-bound cocaine trade.

Morabito was arrested in a hotel room in the northeastern coastal city of João Pessoa, along with two other foreigners, Brazil’s Justice Ministry said in a statement. One of the foreigners was another Italian fugitive it said, without giving further information.

Rocco Morabito,
Rocco Morabito.
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In a separate statement, the Federal Police said that Morabito had been arrested in Uruguay in 2017, after 22 years on the run from Italian justice. He escaped from jail in Uruguay in 2019, when Brazilian authorities began investigating him.

The Federal Police said that Italian police traveled to Brazil for the arrest and were involved in the operation.

“(Morabito) was considered the second most wanted criminal in Italy and accused of involvement with the ‘Ndrangheta, considered one of the largest and most powerful criminal organizations in the world,” the Justice Ministry said.

It added that Morabito has already been sentenced to 30 years in prison in Italy.

In recent years, Brazil has become a key player in the trans-Atlantic drug trade, with its gangs tying up with Italian, Dutch and Balkan players to move record loads of cocaine to Europe, lured by high prices and growing demand.

Morabito’s arrest in the northeast of Brazil also hints at a growing trend in cocaine shipments from the poorer region of the country due to growing scrutiny in the major ports of southeastern Brazil.

The ‘Ndrangheta is based in the southern region of Calabria, the toe of Italy’s boot, and has surpassed Cosa Nostra to become the most powerful mafia group in the country – and one of the largest crime gangs in the world.

(Reporting by Ricardo Brito and Gabriel Stargardter; editing by Richard Pullin)

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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