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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.

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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.

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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.

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International

WHO worker killed as Israeli forces fire on Gaza medical convoy

An employee of the World Health Organization (WHO) was killed on Monday in Gaza Strip after Israeli forces opened fire on a medical convoy transporting patients for evacuation, according to witnesses and official accounts.

The Israel Defense Forces (IDF) said the vehicle approached troops in a “threatening manner,” alleging that the driver accelerated toward soldiers despite warning shots. “The troops fired warning shots. The vehicle continued advancing, and additional fire was directed at it,” the military said in a statement.

The army also claimed the vehicle lacked clear markings and was therefore treated as a potential threat.

However, survivors disputed that account. Raed Aslan, a passenger in the convoy, told reporters in Khan Younis that the vehicles were clearly marked with WHO insignia. “The vehicle was clearly identified as belonging to the WHO,” he said, adding that an Israeli tank blocked the road and fired at the driver despite the route being empty.

The convoy was transporting patients to the Rafah crossing, the only exit point available for medical evacuations abroad, as Israel does not permit transfers to Jerusalem or the West Bank.

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The incident adds to a series of controversial cases involving Israeli military actions against humanitarian convoys. In April 2024, seven workers from World Central Kitchen were killed in an Israeli strike in Deir al-Balah. The military initially cited a “misidentification,” despite the vehicles being clearly marked.

Similarly, in March 2025, 15 paramedics, rescuers, and a UN worker were killed near Rafah. Israeli authorities first claimed emergency lights were off, but video evidence later contradicted that assertion.

A subsequent investigation by organizations including Forensic Architecture found that Israeli forces fired hundreds of rounds at the convoy, and that the vehicles were later destroyed and buried along with the bodies before being recovered days later.

The latest incident is likely to intensify scrutiny over the conduct of military operations in Gaza, particularly regarding the safety of humanitarian personnel and medical evacuations.

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NASA’s Orion sets record as farthest crewed mission from Earth

NASA’s Orion spacecraft set a new milestone on Monday, becoming the crewed space mission to travel the farthest distance from Earth, surpassing the record set by Apollo 13, which reached 400,171 kilometers from the planet.

The Orion capsule, part of the Artemis II mission, achieved the record at 12:57 p.m. Eastern Time as it continued its journey toward the gravitational sphere of influence of the Moon.

The milestone came less than an hour before the crew was scheduled to begin observation activities during its planned lunar flyby.

“From here, in the ‘Integrity Cabin,’ as we surpass the greatest distance humans have ever traveled from Earth, we do so honoring the extraordinary efforts and achievements of those who came before us in human space exploration,” said Canadian astronaut Jeremy Hansen.

The mission, which launched last Wednesday from Cape Canaveral, is designed to orbit the Moon and return to Earth within ten days. According to the schedule, the spacecraft is expected to begin its lunar flyby at 2:45 p.m. ET, concluding around 9:20 p.m.

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International

Petro accuses top guerrilla leader of bribing officers to evade military strikes

Colombian President defends his government's social reforms

The president of Colombia, Gustavo Petro, said Saturday that the country’s most wanted guerrilla leader is bribing members of the security forces to obtain advance information and evade military operations.

According to the government, Iván Mordisco, a dissident leader of the now-defunct FARC, is currently on the run in the जंगल following an الجيش bombardment last week that killed six of his closest collaborators in the department of Vaupés.

Authorities believe the guerrilla commander had been at the site shortly before the operation. “He buys off the commanders who are supposed to capture him; that’s how he escapes the bombings, but leaves his own people to die. He is warned before every strike,” Petro wrote on social media platform X.

The six individuals killed in the strike were part of Mordisco’s security ring, according to Defense Minister Pedro Sánchez.

Local media reported that one of those killed was a woman known as “alias Lorena,” who was allegedly Mordisco’s partner and the mother of his child.

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After failed attempts to negotiate peace, Petro’s administration has shifted to a more aggressive military strategy against the guerrilla leader. In recent months, three of Mordisco’s brothers have been captured and now face charges including homicide, kidnapping, and arms trafficking.

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