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

Trump signals possible expansion of U.S. regional policy beyond Venezuela

U.S. President Donald Trump said on Saturday that Cuba could become a subject of discussion as part of a broader regional policy, highlighting the possibility that Washington may expand its focus beyond Venezuela amid rising tensions in Latin America.

The remarks suggest that the White House is considering a recalibration of its strategy toward the region, in a context shaped by recent actions and warnings related to political stability and hemispheric security.

International

World leaders react to U.S. attacks on Venezuela, sparking global divide

The following are international reactions to the U.S. attacks carried out on Saturday against Venezuela:

Chinese Ministry of Foreign Affairs

China said it was “deeply shocked” and strongly condemned the use of force by the United States against a sovereign country, as well as the use of force against the president of that nation.

“China firmly opposes this hegemonic behavior by the United States, which seriously violates international law, infringes upon Venezuela’s sovereignty, and threatens peace and security in Latin America and the Caribbean,” the ministry said. It urged Washington to comply with international law and the purposes and principles of the United Nations Charter, and to cease actions that violate the sovereignty and security of other countries.

French Foreign Minister Jean-Noël Barrot

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Barrot stated that the military operation that led to the capture of Nicolás Maduro violates the principle of non-use of force, which underpins international law. He stressed that no lasting political solution can be imposed from outside and that only sovereign peoples can decide their own future.

Russian Ministry of Foreign Affairs

Russia said the United States had committed an act of armed aggression against Venezuela, describing the move as deeply troubling and condemnable.

“The pretexts used to justify such actions are unfounded,” the ministry said, adding that ideological animosity had prevailed over pragmatism and the willingness to build relations based on trust and predictability.

Moscow emphasized the need to prevent further escalation and to focus on resolving the crisis through dialogue. It reiterated that Latin America should remain a zone of peace, as declared in 2014, and that Venezuela must be guaranteed the right to determine its own destiny without external — especially military — interference.

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Russia also said it supports calls by Venezuelan authorities and Latin American leaders for an urgent meeting of the United Nations Security Council.

United Nations

UN spokesman Stéphane Dujarric said Secretary-General António Guterres continues to stress the importance of full respect for international law, including the UN Charter. He added that the secretary-general is deeply concerned that international legal norms were not respected.

Government of Argentina and President Javier Milei

Argentine President Javier Milei, a close regional ally of Donald Trump, posted on X: “FREEDOM MOVES FORWARD. LONG LIVE FREEDOM, DAMN IT,” alongside a video showing him at a summit describing Maduro as a threat to the region and supporting the pressure exerted by Trump on Caracas.

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In a statement, the Argentine government praised “the decision and determination shown by the President of the United States and his administration in the recent actions taken in Venezuela that led to the capture of the dictator Nicolás Maduro, leader of the Cartel of the Suns.”

Argentina said it hopes these developments represent a decisive step forward in the fight against narcoterrorism in the region.

Mexican Foreign Ministry

Mexico strongly condemned and rejected the unilateral military actions carried out in recent hours by U.S. armed forces against targets in Venezuelan territory, calling them a clear violation of Article 2 of the United Nations Charter.

The Mexican government reiterated that dialogue and negotiation are the only legitimate and effective means to resolve disputes and reaffirmed its willingness to support any effort aimed at facilitating dialogue, mediation, or accompaniment to preserve regional peace and prevent confrontation.

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International

Missile attack hits Kharkiv homes, leaving 13 wounded

Ukrainian President Volodymyr Zelensky said on Friday that a Russian missile attack on residential buildings in the eastern city of Kharkiv has left at least 13 people injured, according to local authorities.

“A horrific Russian attack on Kharkiv,” Zelensky wrote on Telegram, explaining that two missiles were fired, striking residential areas and causing “a number of casualties that is still being clarified.”

Local officials later confirmed that 13 people were injured in the attack, six of whom were hospitalized, including one woman in serious condition.