International
Brazil’s Lula appoints former mayor as finance minister
| By AFP |
Brazil’s president-elect Luiz Inacio Lula da Silva on Friday named former Sao Paulo mayor Fernando Haddad, viewed unfavorably by many in the business community, as his finance minister.
Lula da Silva, who narrowly defeated incumbent Jair Bolsonaro in October elections, unveiled ministers in the key posts of foreign affairs, justice, defense, and chief of staff.
However, all eyes were on his pick for finance minister, with markets nervous over the incoming government’s commitment to fiscal discipline and the inflation-hit economy in fragile recovery.
“(I chose) comrade Fernando Haddad as Minister of Finance,” Lula said during a press conference in the capital Brasilia.
Haddad, 59, who served as education minister from 2005 to 2012, succeeds powerful liberal economy minister Paulo Guedes, an ally of far-right President Jair Bolsonaro.
After Lula’s new government takes office following his January 1 inauguration, the economy ministry will be dissolved and transformed into finance, industry and planning agencies.
When Haddad’s name started circulating for the role, markets reacted with unease, viewing him as too much on the left and fearing he would jeopardize the budgetary balance.
“He represents the heterodox economic policy” that Lula’s Workers’ Party (PT) defends, said Antonio Madeira of the MCM consultancy firm.
Madeira said that with Haddad in the finance ministry, he expects “an increase in spending” and “a more assertive state giving a significant role to public companies.”
Despite some of the reluctance towards Haddad, the Sao Paulo Stock Exchange’s Ibovespa index was up Friday by 0.5% after the names of the future ministers were announced.
Lula also tapped Mauro Vieira as foreign minister.
Vieira is a 71-year-old career diplomat who has already served as foreign minister as well as ambassador to Argentina, the United States and the United Nations.
He is currently serving as ambassador to Croatia, which on Friday knocked Brazil out of the World Cup.
For the justice ministry, Lula appointed Flavio Dino, a former governor of the northeastern state of Maranhao.
Rui Costa, governor of the province of Bahia, was named to a ministry that falls between the roles of prime minister and chief of staff.
Jose Mucio Monteiro, a civilian, was named defense minister.
After appointing five white men to the key ministries, Lula promised that “in time, you will see more women than men here … as well as a number of Afro-Brazilians.”
“We will try and form a government in the image of Brazilian society.”
Lula, a former unionist who already served two terms as president between 2003 and 2010, said that he would announce the names of more ministers next week and he has “not yet decided the total number of ministers” he would have in his government.
One of the most highly anticipated posts is that of the environmental minister, who will play a crucial role as Brazil seeks to tackle deforestation in the Amazon.
International
Interpol Operation Leads to 8,700 Arrests and Massive Drug Seizures Across Latin America
Interpol and the Organization of American States (OAS) announced the arrest of more than 8,700 people and the seizure of over 3,300 firearms and 56 tons of illegal drugs across 20 countries in Central America, South America, and the Caribbean following a six-week multinational security operation.
According to a statement released by the OAS, the operation — known as Operation Orca XI — was carried out between October 15 and November 30, 2025, under the coordination of Interpol, with support from the OAS and funding from the European Union.
The operation resulted in 8,701 arrests linked to illegal firearm possession, drug trafficking, and other criminal activities. Authorities also confiscated nearly 200,000 rounds of ammunition, $256,025 in cash, and 210 vehicles connected to criminal operations.
Participating countries additionally reported the seizure of 6.9 tons of cocaine, 659,403 coca plants, 9.3 tons of coca paste, 38.5 tons of marijuana, two tons of methamphetamine, and 11 kilograms of ketamine.
In its statement, the OAS emphasized that illegal arms trafficking in the region is closely tied to other forms of organized crime, including drug trafficking, human trafficking, migrant smuggling, and cybercrime.
“Criminal organizations behind these crimes often use the same routes for multiple illicit goods,” the organization stated, adding that Operation Orca XI exposed the strong links between these criminal networks.
International
Mexico Denies Interpol Red Notice Against Sinaloa Governor Rubén Rocha Moya
Mexico’s Secretaría de Seguridad y Protección Ciudadana (SSPC) stated on Wednesday that Sinaloa Governor on leave Rubén Rocha Moya is not subject to a Red Notice issued by Interpol, following reports that claimed an international warrant had been issued against him.
In an official statement, the federal agency said consultations were conducted with both national and international authorities, confirming that no international search or arrest mechanism exists against the Sinaloa politician.
“The Secretariat of Security and Citizen Protection informs that the governor on leave of Sinaloa, Rubén Rocha Moya, does not have a Red Notice issued by Interpol,” the SSPC said.
The clarification comes after speculation circulated regarding an alleged international order targeting Rocha Moya, prompting federal authorities to publicly deny the claims.
International
Rubio and Lavrov Hold Talks After Large-Scale Russian Assault on Ukraine
The United States remains willing to mediate in the war between Russia and Ukraine, Secretary of State Marco Rubiosaid Tuesday following a large-scale Russian attack against Kyiv.
“Every time you see these large attacks by either side, it is a reminder of why this is a terrible war (…) that must come to an end,” Rubio told reporters after holding a phone conversation with Russian Foreign Minister Sergey Lavrov.
Speaking during an official visit to India, Rubio stated that the United States is “ready and prepared to do whatever it can” to help facilitate an end to the conflict.
“We hope the opportunity presents itself at some point,” he added.
Russia warned on Monday that it could launch additional strikes against Kyiv, including attacks targeting what it described as “decision-making centers,” after carrying out weekend bombardments involving dozens of drones and missiles across Ukraine. The attacks reportedly killed four people.
According to the Ministry of Foreign Affairs of Russia, Lavrov urged the United States during the call to evacuate diplomats from its embassy in Kyiv.
Rubio later clarified that Moscow had issued a warning to all embassies in the Ukrainian capital, not only to the U.S. diplomatic mission.
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