Connect with us

International

Petrobras share prices plunge after Bolsonaro criticism

AFP

Shares in Brazilian oil company Petrobras plummeted more than seven percent Monday after President Jair Bolsonaro criticized the organization’s pricing policy in the face of rising crude prices due to the war in Ukraine.

The far-right leader, who has a habit of targeting the state-run company every time it raises prices, said that the “parity with the international price” of oil “cannot continue,” in an interview with a radio station in the northwestern state of Roraima.

The drop in share prices, due to the nervousness of investors, led to the fall of the Ibovespa index, the main index on the Sao Paulo Stock Exchange.

Ibovespa was down 2.52 percent at close.

Advertisement
20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

Bolsonaro met with specialists Monday afternoon to discuss a solution to the expected effect on fuel prices — which are estimated to rise 30 percent — in the context of skyrocketing international oil prices following Russia’s invasion of Ukraine.

The Brazilian president is seeking to stop Petrobras from raising prices for Brazilian consumers before the October elections, when Bolsonaro will seek reelection.

Brent North Sea crude for May delivery was up 4.31 percent to $123.21 per barrel on Monday.

West Texas Intermediate crude, the other market benchmark, was up 3.21 percent to $119.40.

The Brazilian government is evaluating different options, including asking Petrobras shareholders to suspend price adjustments during the Ukraine war; withdrawing certain federal taxes; or a possible fuel subsidy, which would add to already high public spending.

Advertisement
20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

In 2021, fuel prices rose nearly 50 percent, bringing overall inflation in Brazil above 10 percent, the highest rate since 2015.

Continue Reading
Advertisement
20250501_mh_noexigencia_dui_300x250
20250501_vacunacion-influenza-300x250
20250501_vacunacion_vph-300x250
20231124_etesal_300x250_1
20230601_agenda_primera_infancia_300X250
MARN1

International

Man arrested after deliberately driving into seven children in Osaka

Japanese police arrested a man on Thursday after he rammed his car into a group of seven schoolchildren in an apparent deliberate attack in the city of Osaka.

The children, who were on their way home from school, sustained injuries and were taken to the hospital. All seven remained conscious, according to local authorities.

An Osaka police officer, speaking on condition of anonymity, said the suspect is a 28-year-old man from Tokyo. The officer shared statements the man made after his arrest: “I was fed up with everything, so I decided to kill people by driving into several elementary school children,” the suspect reportedly said.

The man has been arrested on suspicion of attempted murder.

The injured children, aged between seven and eight, included a seven-year-old girl who suffered a fractured jaw. The six other children—all boys—suffered minor injuries such as bruises and scratches and were undergoing medical evaluation.

Advertisement

20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL

previous arrow
next arrow

Witnesses described the car as “zigzagging” before hitting the children. One witness told Nippon TV that a girl was “covered in blood” and the others appeared to have scratches.

Another witness said the driver, who was wearing a face mask, looked to be in shock when school staff pulled him from the vehicle.

Violent crimes are rare in Japan, though serious incidents do occur from time to time. In 2008, Tomohiro Kato drove a two-ton truck into pedestrians in Tokyo’s Akihabara district, then fatally stabbed several victims. Seven people were killed in that attack.

Continue Reading

Internacionales

Clashes erupt during may day protests across France amid calls for better wages

May Day protests in France were marked by a heavy police presence and clashes between demonstrators and law enforcement in several cities.

In Paris, Lyon, and Nantes, thousands took to the streets to demand better wages, fairer working conditions, and to voice their dissatisfaction with President Emmanuel Macron’s government.

While the majority of the demonstrations remained peaceful, isolated confrontations broke out in some areas. Protesters threw objects at the police, prompting the use of tear gas and resulting in several arrests.

Videos showing police crackdowns circulated widely on social media, drawing criticism from labor unions and human rights advocates, who denounced the authorities’ response to the protests.

Continue Reading

International

Kristi Noem credits Trump for mass migrant deportations by mexican president

U.S. Secretary of Homeland Security Kristi Noem claimed that Mexican President Claudia Sheinbaum has deported “more than half a million” migrants due to pressure from former President Donald Trump.

During a cabinet meeting highlighting the “achievements” of Trump’s administration in its first 100 days, Noem asserted that under the Republican leader’s influence, “Mexico has finally come to the table” to negotiate on migration and fentanyl trafficking.

“The president of Mexico told me she has returned just over half a million people before they reached our border,” Noem stated, criticizing media reports that suggest the Biden administration deported more migrants than Trump’s.

“I wish those deportations were counted,” Noem added, “because those people never made it to our border—she sent them back because you made her.” She went on to thank Trump: “They never made it here because they got the message—because you were so aggressive.”

Noem has made controversial claims about Sheinbaum in the past, prompting the Mexican leader to refute them.

Advertisement

20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL

previous arrow
next arrow

On April 1, Sheinbaum responded to one such statement by declaring, “The president answers to only one authority, and that is the people of Mexico,” after Noem said on Fox News that she gave Sheinbaum “a list of things Trump would like to see” and that Mexico’s actions would determine whether Trump granted tariff relief.

Continue Reading

Trending

Central News