International
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.
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.
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.
International
U.S. to invest $700 million in coal plants and mines under Trump initiative
U.S. President Donald Trump announced on Thursday a $700 million funding package aimed at supporting the American coal industry, marking the latest step in his administration’s efforts to boost the use of the fossil fuel.
According to Trump, the funding will be used to keep 14 coal-fired power plants operating across ten states, maintain 42 coal mines, and support the construction of two new power plants and an export terminal.
The president said the initiative will be financed through the Defense Production Act, a law enacted in 1950 that grants emergency powers to the president to support and direct domestic industries considered critical to national interests.
Since returning to the White House last year, Trump has pursued policies designed to expand domestic energy production and roll back a number of environmental regulations. He has also repeatedly questioned the scientific consensus regarding human-caused climate change.
Coal remains the most carbon-intensive fossil fuel and is the largest source of greenhouse gas emissions among major energy sources, making it a central focus of debates over climate policy and energy security.
U.S. Energy Secretary Chris Wright defended the initiative, describing coal as a critical resource for both electricity generation and industrial production.
The announcement comes as global energy markets continue to evolve. According to an analysis by the Global Energy Monitor, the world added and commissioned more coal-fired power capacity in 2025, although overall coal consumption declined. The report also found that the United States was the only major economy to record a significant increase in coal-fired power generation during that period.
The new funding package underscores the administration’s commitment to supporting traditional energy industries while debate continues over the balance between energy security, economic growth and environmental objectives.
International
Four decapitated bodies found in abandoned vehicle near Guerrero state Congress
Police in Mexico have found four decapitated bodies inside an abandoned vehicle parked near the state Congress building in Guerrero, authorities confirmed on Thursday.
The southern state of Guerrero, home to the resort city of Acapulco, has long been affected by violent clashes between criminal organizations competing for control of drug trafficking routes.
According to prosecutors cited by AFP, the bodies were wrapped in black plastic bags and left inside a car parked at one of the rear entrances of the legislative building in the state capital, Chilpancingo.
Authorities say the region has seen intensified conflict between rival drug trafficking groups, including the Sierra Cartel and Los Ardillos, a criminal organization that Indigenous communities have accused of carrying out attacks in the mountainous, impoverished areas of the state.
The ongoing violence highlights the persistent security crisis in Guerrero, where organized crime continues to exert significant influence over large parts of the territory.
International
Foro Penal Reports 404 Political Prisoners Still Held in Venezuela
The Venezuelan human rights organization Foro Penal, which leads legal defense efforts for political prisoners in the country, reported on Wednesday that 404 people remain imprisoned for political reasons, five fewer than the figure released a week earlier. Among those detained are 39 foreign nationals or individuals with dual citizenship.
According to data published by the organization, the current total includes 369 men and 35 women being held on political grounds. The report also indicates that 225 of the detainees are civilians, including one teenager, while 179 are members of the military.
Foro Penal stated that 167 of the prisoners have been convicted, whereas 237 remain behind bars without a final sentence. The organization also noted that it has documented 19,102 politically motivated detentions in Venezuela since 2014.
The updated figures come amid an ongoing process of prisoner releases announced by Venezuelan authorities. Two weeks ago, National Assembly President Jorge Rodríguez said that approximately 300 detainees would be freed as part of a new round of releases, separate from those granted under an amnesty approved earlier this year.
Days later, acting President Delcy Rodríguez stated that the number of releases would reach 500 in the coming days. However, relatives of political prisoners and human rights organizations have questioned the pace of the process, arguing that the number of verified releases remains significantly lower than the figures announced by the government.
Foro Penal has reported that dozens of prisoners have been released in recent weeks, but the organization maintains that hundreds of people continue to be detained for political reasons despite the government’s promises and the implementation of the amnesty process.
Families of detainees have continued to demand greater transparency regarding the release process, alleging that many of the promised excarcerations have yet to materialize and calling on authorities to provide clear information about those who remain in custody.
-
Central America4 days agoThousands of Teachers and Doctors Launch Nationwide Strike in Honduras
-
International14 hours agoFour decapitated bodies found in abandoned vehicle near Guerrero state Congress
-
Central America4 days agoArgentina Falls to Lowest Rating in Global Workers’ Rights Index Under Milei Administration
-
International2 days agoEight Bodies Found in Ecuador as Authorities Probe Link to Missing Persons Case
-
Central America3 days agoNorthern Guatemala community warns of possible famine as dry season intensifies
-
International14 hours agoU.S. to invest $700 million in coal plants and mines under Trump initiative
-
International2 days agoForo Penal Reports 404 Political Prisoners Still Held in Venezuela
-
Central America3 days agoEl Niño could intensify global climate risks, warns World Meteorological Organization

























