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.

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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

Hiroshima survivor who embraced Obama dies at 88

The emotional embrace between Barack Obama and Hiroshima survivor Mori—who was eight years old when the United States dropped the atomic bomb in 1945—resonated around the world.

According to Asahi Shimbun and other local media, Mori died on Saturday at a hospital in Hiroshima.

Mori, known for his research on the fate of American prisoners of war in Hiroshima, was thrown into a river by the force of the explosion on August 6, 1945, during the atomic bombing of the city.

In a past interview with AFP, ahead of his meeting with Obama at the Hiroshima Peace Memorial in 2016, Mori recalled the chaos and desperation that followed the blast.

He described how, after emerging from the water, he encountered injured civilians seeking help amid the devastation, an experience that stayed with him throughout his life.

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In 2016, Obama became the first sitting U.S. president to visit Hiroshima, where he paid tribute to the victims of the first atomic bomb used in warfare. During the visit, Mori was visibly moved as he met the president, sharing a brief but powerful moment that symbolized remembrance and reconciliation.

The bombing of Hiroshima resulted in the deaths of approximately 140,000 people, including those who succumbed to radiation exposure in the aftermath.

Three days later, a second atomic bomb was dropped on Nagasaki, killing an estimated 74,000 people and contributing to the end of World War II.

International

Colombia seeks ‘total suffocation’ of armed groups with regional support

Colombia is advancing a strategy aimed at the “total suffocation” of illegal armed groups, seeking to corner them in border regions with the support of Ecuador and Venezuela, Defense Minister Pedro Sánchez said in an interview with AFP.

According to the minister, coordinated pressure from neighboring countries—backed by United States—aims to dismantle criminal networks that use cross-border routes to traffic Colombian cocaine toward North America and Europe.

For decades, armed groups involved in Colombia’s internal conflict have relied on border territories as strategic rear bases to evade military operations and maintain logistical support.

However, Sánchez said that dynamic is beginning to change.

“We expect a total suffocation between both nations so they have no spaces where they can live or feel safe […] to close off any room they might have,” he stated during the interview in Bogotá, less than five months before the end of President Gustavo Petro’s term.

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Regional developments have reinforced this strategy. Following the capture of Nicolás Maduro in a U.S. military operation, Washington has increased its influence in Caracas, where interim leader Delcy Rodríguez has implemented a renewed anti-narcotics policy.

Meanwhile, in Ecuador, President Daniel Noboa—a key U.S. ally in the region—has launched a two-week security plan under strict curfews to combat criminal gangs, with U.S. support.

Sánchez argued that these combined efforts leave illegal organizations with fewer escape routes and operational spaces, effectively placing them in a “dead end.”

International

Two killed in shooting at restaurant near Frankfurt Airport

Two people were shot dead early Tuesday at a restaurant in Raunheim, near Frankfurt Airport, according to local police.

Preliminary findings indicate that an armed individual entered the establishment at around 03:45 local time (02:45 GMT) and opened fire on the victims, who died at the scene from their injuries.

The suspect fled and remains at large, while the motive behind the shooting is still unclear, German media reported. Authorities have launched a large-scale search operation.