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Brazil’s Petrobras raises fuel prices

AFP

Brazil’s state-owned oil company Petrobras announced Friday it is raising fuel prices, infuriating President Jair Bolsonaro as he faces an inflationary spike and a re-election bid in October.

Painful price increases, especially for food and fuel, have emerged as a key weak spot for the far-right incumbent. 

Petrobras, the largest company in Latin America, said it will hike gasoline prices by 5.18 percent and diesel prices by 14.26 percent starting Saturday.

It blamed “a challenging scenario in Brazil and the world,” the latter a reference to the war in Ukraine, which has triggered higher oil prices around the world.

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Brazil has already seen fuel prices surge by over 33 percent in the past year, according to official figures — with the last spike in gasoline and diesel rates coming three months ago. 

Bolsonaro reacted angrily saying Petrobras “could sink Brazil in chaos.” 

In May, Bolsonaro dismissed the president of Petrobras, who had been in the job for just 40 days, with the country’s energy ministry saying “Brazil is currently experiencing a challenging moment.”

As in many countries of the world, prices are soaring in Brazil. Inflation stands at 11.73 percent, far above the central bank’s target of 3.5 percent.

The bank raised its benchmark interest rate for the 11th straight time on Wednesday as it battles inflation.

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Bolsonaro faces an uphill battle against leftist ex-president Luiz Inacio Lula da Silva (2003-2010), who leads in opinion polls and is remembered for presiding over a booming economy.

That is a sharp contrast to today, with Brazil’s economy struggling to bounce back from the pandemic and now reeling from the inflationary pressures unleashed by Russia’s invasion of Ukraine

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International

Spain rebukes U.S. over euthanasia case as minister defends legal framework

Spain’s Minister of Health, Mónica García, on Wednesday responded to the administration of U.S. President Donald Trump after reports that Washington requested an investigation into the euthanasia case of Spanish citizen Noelia Castillo.

The minister questioned the U.S. government’s stance and urged it not to interfere in matters governed by Spain’s legal and healthcare framework. “Stop fueling an international ultra agenda by meddling everywhere,” García wrote in a message on the social platform X.

In her remarks, García also criticized the U.S. healthcare system, noting that thousands of people die each year without access to medical coverage. She further accused the Trump administration of supporting actions that undermine human rights in international contexts.

García defended the legality of euthanasia in Spain, emphasizing that the procedure is strictly regulated and subject to medical and judicial oversight. “Spain is a serious country, with a strong healthcare system and a legal framework that protects individuals, including those who choose to seek assistance in dying under regulated conditions reviewed by clinical committees and upheld by the courts,” she said.

The case of Noelia Castillo, a 25-year-old woman living with paraplegia, drew widespread attention following a legal dispute with her father, who opposed her decision to undergo euthanasia. The procedure was ultimately carried out in accordance with Spanish law.

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New York City lifts TikTok ban on government devices under new security rules

New York City has lifted its ban on TikTok on government-owned devices, allowing city agencies to resume posting on the platform under newly established security protocols, Mayor Zohran Mamdani announced Tuesday.

The initial ban, implemented in 2023 by former mayor Eric Adams, aligned with federal and state-level restrictions across the United States, which limited the use of TikTok on official devices over concerns related to its parent company, ByteDance. The company has previously denied these concerns, calling them unfounded.

Under the updated guidelines issued by the city’s Cyber Command, devices designated for TikTok use by government agencies must not store or access sensitive information. Officials indicated that the policy shift is intended to enhance communication with residents.

“The Mamdani Administration is committed to using every tool in our toolbox to communicate with New Yorkers,” the mayor’s office said in a statement.

Following the announcement, the mayor’s official TikTok account resumed activity after remaining inactive since the ban was first enforced.

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Rubio signals possible engagement with Iranian factions amid internal divisions

U.S. Secretary of State Marco Rubio said Monday that Washington is hopeful of engaging with factions within the government of Iran, noting that the United States has received positive private signals.

Speaking to ABC News’ Good Morning America, Rubio suggested that internal divisions exist within the Islamic Republic and expressed confidence that figures with the authority to act could emerge.

“We are hopeful that this will be the case,” Rubio said. “Clearly, there are people there who are communicating with us in ways that those previously in power in Iran did not. This is reflected in some of the steps they appear willing to take.”

Despite this, Rubio maintained a firm stance toward Iran, reiterating that the ongoing conflict seeks to eliminate its capacity to develop nuclear weapons—an objective that President Donald Trump has previously claimed was achieved during a military strike last year.

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