Lula da Silva

Brazilian assets are stumbling into the new year as skepticism over President Luiz Inácio Lula da Silva's fiscal repair skills continues to grow. What Happened: The Brazilian real has dropped nearly 22% against the U.S. dollar this year, according to Bloomberg. The country’s central bank,...

President Luiz Inácio Lula da Silva said that Brazil should set a global example of how to handle Elon Musk, following the Supreme Court of Brazil confirming a ban on the tech entrepreneur’s social media platform X. The decision reportedly came after the platform was accused of spreading hate...

In a recent Reddit post, user SunsetKittens shares insights on why Petrobras Brasileiro (NYSE:PBR) stock presents a compelling investment opportunity. Known for previous successful stock picks like United States Steel (NYSE:X) and Teledyne Technologies (NYSE:TDY), SunsetKittens now focuses on...

Brazilian President Luiz Inácio Lula da Silva has advocated for a shift away from reliance on the US dollar in global trade, proposing a single currency for transactions among the BRICS nations. Speaking at the inauguration of Dilma Rousseff, the newly-appointed President of the New...

Brazil’s Former president Jair Bolsonaro plans to return back to his country in March in order to lead the opposition there. What Happened: The former Brazilian leader will also defend himself against accusations that he provoked attacks on government buildings by protestors last month,...

By Marian Venini via El Planteo On Sunday, Brazil witnessed the most polarized elections in its history, which ultimately led to the victory of the former two-time president, left-wing Luiz Inácio Lula da Silva over far-right candidate Jair Bolsonaro. Lula governed Brazil...

Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) has been in the spotlight this week, up roughly 5.5 percent. Earlier this week, the country’s former president, Luiz Inacio Lula da Silva, was indicted in a corruption probe related to the energy company, which also announced a 25 percent...

Netflix, Inc. (NASDAQ: NFLX) confirmed on Friday it would start filming a new original series based on Brazil’s recent corruption scandal and the investigation of "Operacion Lava Jato (Operation Car Wash)" this year. Operacion Lava Jato involves high-level politicians, public...

As the Brazilian real depreciated and corruption scandals linked high level government officials – many of which have been arrested – to massive bribery cases at state-controlled oil company Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) (NYSE: PBR-A), Brazil’s crisis seemed...

Brazil has been in trouble for a while, as the real depreciated and corruption scandals linked high level government officials – many of which have been arrested – to massive bribery cases at state-controlled oil company Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) (NYSE: PBR-A...

Shares of Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) have gained 50 percent since last Monday, and almost 10 percent on Friday alone. Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR-A) shares have surged even higher, as they rose more than 56 percent over the week. In fact, many oil...