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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Following the scandal of sexual misconduct and abuse by one of the coaches of Brazil’s men Olympic gymnastics’ team, one of the sport’s biggest sponsors, Caixa Economica Federal (CEF)...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - This morning, Thursday, July 27th, the Federal Police in Brazil served court orders which included three temporary arrest and eleven search and seizure in the 42nd phase of Lava Jato...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The political landscape in Brazil avoided another upheaval yesterday (Friday, June 9th) when the Superior Electoral Court (TSE) voted against the annulment of the Dilma-Temer presidential campaign ticket, which won...
Opinion by Jeb Blount RIO DE JANEIRO, BRAZIL – I’ve rarely been as depressed about Brazil’s future as I was watching the giant Brazil-wide protests May 30th against Brazilian President Michel Temer. On the surface at least, the rallies were a...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Federal Court in the state of Paraná accepted the five complaints filed by the Federal Public Prosecutor yesterday (April 25th) against 59 investigated in the context of the Operação...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to court documents just released to the public, executives of embattled Brazilian construction giant Odebrecht admitted to paying some US$2.3 million in bribes to win the contract to renovate...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Although local and international media have highlighted bans on imported Brazilian meats by foreign nations, Brazilian authorities are concerned the decline of meat consumption by Brazilians themselves. Consumer protection entities...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A court in Rio de Janeiro has determined that the millions recovered in the state from the Lava Jato (Carwash) corruption scandal be used to pay more than 140,000 public...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Fitch Ratings has downgraded Brazilian conglomerate Odebrecht’s Long-Term Foreign and Local Currency Issuer Default Ratings to 'CC' from, 'B- ' and its National Long-Term Rating to 'CC ', from 'BB-...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Development Bank (BNDES) announced on Tuesday (October 11th) it suspended US$4.7 billion worth of overseas contract payments granted to those companies investigated by federal prosecutors in the Lava Jato...
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