Brazil’s Supreme Court ordered the arrest of a former cabinet chief, four congressmen and four former congressmen involved in a 2005 bribery scandal, marking the first definitive jail sentences for such high-profile politicians.
Camargo Correa SA, Brazil’s third- largest construction company, will consider bidding on hydro- power projects in Ghana, where the government plans to spend $4.5 billion to double power capacity, Brazilian Ambassador Irene Vida Gala said.
In the race to succeed Brazilian President Luiz Inacio Lula da Silva, only one candidate can match the former union leader’s up-by-the-bootstraps biography: his former Environmental Minister Marina Silva .
Sao Paulo Mayor Fernando Haddad steps out of a black sedan in Paraisopolis, a neighborhood of small brick homes, cramped storefronts and narrow streets, in mid-July. He is meeting with residents weeks after about a million Brazilian protesters took to the streets across the nation, railing against corruption, shoddy education and inadequate public transportation.
A group led by Petroleo Brasileiro SA won a license to develop Brazil’s biggest oil discovery under more favorable terms than analysts estimated. Shares in Petrobras, as the state-run producer is known, surged.