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
Maduro, Delcy Rodríguez sued in Florida over alleged kidnapping, torture and terrorism
U.S. citizens have revived a lawsuit in Miami against Venezuelan President Nicolás Maduro following his capture, as well as against Vice President and now acting leader Delcy Rodríguez and other senior Chavista officials, whom they accuse of kidnapping, torture, and terrorism.
The plaintiffs — including U.S. citizens who were kidnapped in Venezuela and two minors — filed a motion over the weekend before the U.S. District Court for the Southern District of Florida asking the court to declare the defendants in default for failing to respond to the lawsuit initially filed on August 14, 2025, according to court documents made public on Monday.
The case, assigned to Judge Darrin P. Gayles, accuses the Venezuelan leaders of violating the U.S. Anti-Terrorism Act (ATA), the Florida Anti-Terrorism Act, and the Racketeer Influenced and Corrupt Organizations Act (RICO).
In addition to Maduro and Rodríguez, the lawsuit names Venezuelan Defense Minister Vladimir Padrino López; Attorney General Tarek William Saab; Interior Minister Diosdado Cabello; former Supreme Court Chief Justice Maikel Moreno; and National Assembly President Jorge Rodríguez.
The complaint also lists the state-owned oil company Petróleos de Venezuela (PDVSA) and former Electricity Minister Néstor Reverol as defendants.
According to the filing, Maduro “committed flagrant acts of terrorism against U.S. citizens,” citing the criminal case in New York in which Maduro and his wife, Cilia Flores, appeared in court for the first time on Monday following their arrest on Saturday.
The lawsuit claims that the plaintiffs “were held captive by Maduro” with “illegal material support” from the other defendants, whom it identifies as members of the Cartel of the Suns, a group designated by the United States as a terrorist organization last year.
International
U.S. faces worst flu season in decades as new strain spreads nationwide
The flu continues to take a heavy toll across the United States, with all but four states reporting high or very high levels of activity as a new viral strain known as subclade K continues to spread.
According to another key indicator — doctor visits for fever accompanied by cough or sore throat, common flu symptoms — the U.S. is experiencing its highest level of respiratory illness since at least the 1997–98 flu season, based on data released Monday by the Centers for Disease Control and Prevention (CDC).
“This is definitely a standout year,” said Dr. Caitlin Rivers, an epidemiologist and senior scholar at the Johns Hopkins Center for Health Security. “It’s the worst we’ve seen in at least 20 years. Most of the country is experiencing very high levels of activity, and we are still near the peak.”
Rivers noted that it is unusual to see such a severe flu season following another poor season the previous year, as intense seasons typically do not occur back to back.
Nationwide, approximately 8.2% of doctor visits during the final week of the year were for flu-like symptoms. At the same point last season — which was also severe — that figure stood at 6.7%.
In Massachusetts, where flu activity is reported as very high, health officials urged residents to get vaccinated.
“This is a moment for clarity, urgency, and action,” said Dr. Robbie Goldstein, Commissioner of Public Health, in a press release. “These viruses are serious, dangerous, and potentially deadly. We are seeing critically ill children, families grieving devastating losses, and hospitals under strain due to capacity.”
International
U.S. Energy Secretary to meet oil executives on reviving Venezuela’s crude industry
U.S. Secretary of Energy Chris Wright is set to meet this week with executives from the American oil industry to discuss how to revive Venezuela’s crude oil sector, according to multiple media reports.
The meeting will take place on the sidelines of an energy conference organized by investment banking group Goldman Sachs in Miami.
Senior executives from major U.S. oil companies, including Chevron and ConocoPhillips, are expected to attend the symposium.
Venezuela holds the world’s largest proven oil reserves, estimated at 300 to 303 billion barrels, representing roughly one-fifth of known global reserves.
Following the controversial operation carried out on Saturday to detain Venezuelan President Nicolás Maduro, U.S. President Donald Trump has placed renewed emphasis on control over and exploitation of Venezuela’s vast oil resources.
Maduro, Delcy Rodríguez sued in Florida over alleged kidnapping, torture and terrorism
U.S. faces worst flu season in decades as new strain spreads nationwide
U.S. Energy Secretary to meet oil executives on reviving Venezuela’s crude industry
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
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