International
Petrobras shares fall after Bolsonaro fires its boss
AFP
The price of shares in Brazil’s state oil giant Petrobras fell Tuesday in reaction to President Jair Bolsonaro firing its boss after only 40 days on the job.
Bolsonaro dismissed Petrobras CEO Jose Mauro Coelho on Monday in a tug-of-war over rising fuel prices, which are set by Petrobras but tied to international market movement.
Petrobras shares lost more than four percent in afternoon trade on the Sao Paulo Stock Exchange, before recovering somewhat to 2.85 percent lower than Monday’s worth.
The movement reflects investor concerns of a possible intervention by the State, the main shareholder in Petrobras, in its autonomous pricing decisions.
Coelho took over last month for what should have been a one-year term. He became the company’s third CEO in just over a year after Bolsonaro also fired his predecessors.
Fuel prices in Brazil have risen more than 33 percent in the past year, according to official figures, driving annual inflation of more than 12 percent and hurting Brazilians’ wallets in an election year.
The far-right Bolsonaro trails leftist ex-president Luiz Inacio Lula da Silva in opinion polls ahead of elections in October.
Brazil’s Ministry of Mines and Energy announced Coelho’s dismissal, saying the country was “experiencing a challenging moment, due to the effects of the extreme volatility of hydrocarbons in international markets.”
The government has proposed for Coelho to be replaced by Caio Mario Paes de Andrade, an official in the Economy Ministry.
He must be confirmed by the company’s board of directors.
Earlier this month, Bolsonaro also replaced his longtime energy minister, Bento Albuquerque, days after Petrobras reported record quarterly profits.
Bolsonaro said those profits amounted to “rape,” and called on Albuquerque and Coelho to stop Petrobras from raising prices.
Petrobras went on to hike diesel prices by an additional 8.9 percent.
International
Washington declares State of Emergency as atmospheric river brings severe flooding
Washington Governor Bob Ferguson declared a state of emergency on Wednesday in response to severe flooding affecting several counties, where more than 75,000 people remain under evacuation alerts following heavy rainfall that has caused significant water accumulation.
An atmospheric river has battered the state since Monday, dropping several centimeters of rain and threatening serious flooding in communities near major rivers. More precipitation is expected in the coming days, and the National Weather Service (NWS) has forecast between 15 and 20 centimeters of rain from Wednesday morning through Thursday afternoon in communities along the far western region, worsening the emergency.
Rainfall totals in higher elevations near the Canadian border could exceed 20 centimeters, further increasing the risk.
“Lives will be at stake in the coming days,” Ferguson warned during a press conference.
The governor underscored the severity of the situation and said he will request an expedited federal disaster declaration from President Donald Trump’s administration to access additional resources for the emergency response.
“I want to urge all Washington residents to pay close attention to alerts from their counties and emergency management departments. If you receive an evacuation order, please follow it,” he added.
Most rivers from the Canadian border down to southwestern Washington are in flood stage. Several are expected to reach record levels, including the Skagit River, which could exceed its 1990 flood peak when water levels rose 1.2 meters.
Around 75,000 people are at risk of flooding in Skagit County, where authorities continue to maintain an evacuation watch.
The Washington National Guard and the U.S. Army Corps of Engineers have been activated to assist with evacuations and response efforts in rural areas affected by flooding.
International
U.S. to require five-year social media history from tourists under Visa Waiver Program
Tourists from 42 countries covered by the U.S. Visa Waiver Program would be required to provide their social media history from the past five years in order to enter the United States, according to a new proposal released Wednesday by the administration of President Donald Trump.
The initiative, led by U.S. Customs and Border Protection (CBP), aims to more thoroughly review the activity of travelers entering the country through the Electronic System for Travel Authorization (ESTA). When asked about the plan’s potential impact on tourism, Trump insisted that the United States is “doing very well.”
“We just want people to come here and be safe… We want to make sure we’re not letting the wrong people into our country,” the president said during a press conference at the White House.
The proposal, published in the Federal Register, seeks to expand the information collected from visitors entering the U.S. for up to three months under the visa waiver program.
ESTA applies to travelers from 42 countries, including the United Kingdom, Ireland, New Zealand, Australia, France, Japan, Israel and Qatar.
In addition to requiring a five-year social media history, the plan would increase the amount of personal data requested, such as phone numbers and email addresses used over the past ten years. It also calls for family details, including names, dates of birth and places of birth of the traveler’s relatives.
The proposal further includes a new mobile tool that would allow any foreign visitor to record their departure from the United States.
International
Six ecuadorian soldiers jailed pending trial for alleged extrajudicial execution
Six Ecuadorian soldiers were placed in pre-trial detention on Wednesday by a civilian court over an alleged extrajudicial execution, the Attorney General’s Office reported.
As part of his war on drug trafficking, President Daniel Noboa declared an internal armed conflict in 2024 and deployed the Armed Forces to the streets. Human rights organizations have since denounced military abuses and a rise in disappearances attributed to state agents.
A judge in the coastal province of Santa Elena ordered pre-trial detention for six soldiers for alleged extrajudicial execution, the prosecution stated on X. It added that the troops, now under investigation for the suspected crime, were in charge of an operation in the resort town of Salinas, during which one of the detainees died.
In a separate case involving alleged abuse of authority, a group of 17 soldiers is currently on trial for the forced disappearance of four minors whose bodies were found burned near an Ecuadorian Air Force (FAE) base.
In December 2024, Saúl Arboleda, Steven Medina, and brothers Josué and Ismael Arroyo — aged 11 to 15 — were detained by a military patrol in southern Guayaquil.
According to Amnesty International, Ecuador’s Prosecutor’s Office has received reports of at least 43 possible cases of forced disappearance since 2023, the year Noboa took office pledging a tough stance against organized crime.
Washington declares State of Emergency as atmospheric river brings severe flooding
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