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Brazil’s Petrobras hikes prices, ignoring Bolsonaro

AFP

Brazilian state-run oil company Petrobras announced hefty increases in gasoline and diesel prices Thursday in response to the Ukraine crisis, ignoring President Jair Bolsonaro’s criticism of what he calls excessive prices.

Petrobras said it would raise the price of gasoline from its refineries by 18.8 percent and diesel by 24.9 percent from Friday, citing the “worldwide surge in the prices of oil and oil derivatives as a result of the war between Russia and Ukraine.”

The company said the move was in line with increases by other fuel suppliers, and emphasized that it had not raised prices in nearly two months.

But the move will likely irk the far-right president, who has been trying to rein in surging fuel prices and inflation more broadly, phenomena which are hurting his popularity as he gears up to seek reelection in October.

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Bolsonaro, who regularly criticizes Petrobras for high prices, said Monday the company’s policy of parity with international prices “cannot continue.”

Petrobras shares dove more than seven percent following the comment.

That echoed a stock plunge of more than 20 percent just over a year ago, when Bolsonaro changed Petrobras’s chief executive after saying the company should not be constantly “surprising people” with price increases.

Bolsonaro is pushing for Congress to pass legislation to bring fuel prices down, though experts say the short-term impact would be minimal.

He is also reportedly looking at decreeing emergency subsidies to lower prices.

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Both measures are unpopular with fiscal conservatives.

Surging prices in Brazil, where the annual inflation rate stands at 10.38 percent, are a weak spot for Bolsonaro as he eyes a tough reelection battle in seven months, likely against leftist ex-president Luiz Inacio Lula da Silva.

The international oil market has been rocked by volatility since Russia invaded Ukraine two weeks ago.

The Brent crude price hit a peak of $139 a barrel Monday, a 14-year high, before falling to around $116 Thursday.

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International

Paraguay launches dengue vaccination for children in high-risk areas

Dengue fever, transmitted by the Aedes aegypti mosquito, remains a persistent threat in tropical and subtropical countries such as Paraguay, where it claimed the lives of 132 people among nearly 100,000 infections during the 2023–2024 Southern Hemisphere summer, according to official data. However, that figure was lower than the record set in the 2012–2013 season, when 252 deaths were reported among roughly 130,000 infections.

“Today marks a very important step toward protecting our children and bringing peace of mind to families,” Paraguay’s Minister of Health, María Teresa Barán Wasilchuk, said in a speech on Wednesday.

The vaccine will be administered to children between 6 and 8 years old in municipalities with the highest incidence of dengue cases in the past five years. Authorities will use TAK-003 (Qdenga), developed by Takeda—one of Japan’s largest pharmaceutical companies—which was approved by the World Health Organization (WHO) in 2024.

“We celebrate this step, which positions Paraguay as a country with one of the most robust immunization programs,” said Héctor Castro, director of the Acosta Ñu Pediatric Hospital. “We will work tirelessly to ensure this government decision becomes a success in the fight against this scourge.”

Vaccinating children against dengue “is not only a historic and public health milestone, but also a humanitarian one,” Castro added during remarks delivered at the hospital in San Lorenzo, near the capital, Asunción.

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President Paz dismisses Vidovic Over 2015 corruption sentence

Justice Minister Freddy Vidovic took office on November 9 after taking the oath of peace for a five-year term. However, his tenure was short-lived: he was removed from the position on Thursday after a past criminal conviction came to light.

In 2015, Vidovic was sentenced to three years in prison for bribery in favor of Peruvian businessman Martín Belaúnde, a former adviser to ex-president Ollanta Humala. Belaúnde was captured in Bolivia ten years ago and handed over to Peruvian authorities, who sought him for alleged involvement in a corruption case that also implicated Humala, who later served time for corruption charges.

At the time, Vidovic was part of Belaúnde’s legal defense team. He was accused of assisting the former presidential adviser in a failed attempt to escape while in Bolivia.

Following the revelation of the conviction, President Paz dismissed Vidovic and appointed Jorge Franz García as the new Justice Minister, according to the decree published on Thursday.

On Wednesday night, Government Minister Marco Antonio Oviedo confirmed the three-year sentence against Vidovic, noting that this background meant he “could not hold public office.”

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Before his dismissal was made public, Vidovic acknowledged on his Facebook account that he had been convicted, but claimed he had been a victim of “kidnapping and torture” and argued that the ruling was “invalid and tainted.”

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International

International organizations push for expanded kidney transplant access in SICA region

A group of international organizations held a high-level meeting in Antigua Guatemala, Guatemala, to address transplantation as a key component in the comprehensive management of Chronic Kidney Disease (CKD) in the countries of the Central American Integration System (SICA).

The meeting was organized by Spain’s National Transplant Organization (ONT), the Pan American Health Organization (PAHO), and the Executive Secretariat of the Council of Ministers of Health of Central America and the Dominican Republic (SECOMISCA). It was conducted within the framework of the Triangular Cooperation Program of the Spanish Agency for International Development Cooperation (AECID) and endorsed by the Ibero-American Donation and Transplant Network/Council (RCIDT).

The purpose of the gathering was to promote kidney transplantation as a priority option for renal replacement therapy, given its superior cost-effectiveness and health outcomes compared with dialysis.

According to a joint press release, the participating organizations also sought to encourage political commitment to advance equitable access to kidney transplantation and to identify common priorities for regional cooperation.

During the event, institutions presented the current status of Chronic Kidney Disease (CKD) and access to kidney transplantation in SICA countries, as well as the 2019–2030 Regional Donation and Transplant Strategy (CD 57R11). The meeting also facilitated a regional political dialogue aimed at incorporating transplantation into the comprehensive management of CKD, with the goal of generating recommendations to ensure equitable and progressive access to renal replacement therapies.

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Additionally, the organizations explored opportunities to improve CKD registry systems, including transplantation data.

The meeting was convened in response to the growing burden of Chronic Kidney Disease across the World Health Organization (WHO) regions.

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