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Board of Brazil’s Petrobras elects Lula ally as new president

Photo: AFP

January 26 | By AFP |

The board of directors of Petrobras on Thursday appointed Jean Paul Prates, an ally of President Luiz Inacio Lula da Silva, as head of the state oil company.

Prates, a 54-year-old lawyer and economist, was previously a senator in northeastern Rio Grande do Norte state and a member of Lula’s Workers’ Party.

Lula described Prates as a specialist in the energy sector when nominating him for the job on Twitter last month.

In a statement confirming the appointment, the Petrobras board said Prates had been chosen unanimously. 

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Prates has 30 years experience in the oil, natural gas, biofuels and renewable energy sectors.

“I have been given the mission of managing Petrobras in the coming years,” Prates said.

He added that he was “honored to lead a company that is the heritage of all Brazilians.”

Petrobras is the flagship of Brazilian industry. It is the largest company in the South American country but was at the center of the wide-ranging “Operation Car Wash” corruption scandal.

As part of the graft investigation, Lula was himself convicted of accepting a bribe and spent 18 months in jail before a judge annulled his conviction.

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Petrobras went through some turbulent years during the presidency of Lula’s predecessor, Jair Bolsonaro.

The company went through four different CEOs during that period due major disagreements over Petrobras’s oil pricing policies.

Bolsonaro even went so far as to accuse Petrobras of theft over its price hikes.

The company sets prices based on the standard international rate for a barrel of oil.

The position of Petrobras chief executive is one that comes with great exposure to political pressure.

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In its 68 years of existence, the company has had 39 CEOs, meaning they have lasted on average less than two years.

The markets have expressed fears that Prates could change the company’s pricing policies and that under Lula’s socialist government there will be greater interference in the running of state companies.

The Brazilian state owns 50.26 percent of Petrobras’s capital and Lula has ruled out privatizing the company.

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International

OAS Election Mission to Monitor Claims of Political Interference by Colombia’s President

The Electoral Observation Mission of the Organization of American States (OAS) has pledged to follow up on allegations regarding the alleged involvement of Colombian President Gustavo Petro in political campaigning ahead of Sunday’s presidential election.

The announcement was made by presidential candidate Claudia López after a meeting with the head of the OAS Electoral Observation Mission, former Dominican Republic President Leonel Fernández.

According to a statement released by López’s campaign, the OAS mission listened to the concerns raised by the candidate and committed to monitoring the complaints she has submitted to both national and international organizations.

The mission also reiterated its commitment to overseeing the electoral process to help ensure that the will of Colombian voters is respected throughout the election.

“We have turned to international forums and technical observation missions to warn that Colombian democracy cannot be left at the mercy of fear or undue pressure,” López, the former mayor of Bogotá, said following the meeting.

López has repeatedly expressed concerns about what she describes as political interference in the electoral process and has called on national and international institutions to closely monitor the conduct of the campaign.

The OAS observation mission is one of several international bodies deployed to Colombia to monitor the presidential election, which is taking place amid heightened political tensions and intense competition among candidates from across the ideological spectrum.

The election is expected to be closely watched both domestically and internationally as Colombians choose whether to continue with the country’s first left-wing administration or shift toward a new political direction.

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International

Colombia Votes in Pivotal Election as Left Seeks to Retain Power

Colombians headed to the polls on Sunday in a crucial presidential election that will determine whether the country continues under its first left-wing government in modern history or shifts back toward the political right.

The election campaign has been marked by deep political divisions, with armed violence and economic concerns emerging as the dominant issues for voters.

A total of 11 candidates remain in the race following the withdrawal of three presidential tickets. The central question is which candidate will advance to a likely runoff election alongside ruling-party senator Iván Cepeda, who has led opinion polls for months with his platform of “democratic revolution” but is not expected to secure enough votes to win outright in the first round.

On the right, Senator Paloma Valencia of the Democratic Center party, the political movement founded by former President Álvaro Uribe, has lost momentum as support has grown for far-right attorney Abelardo de la Espriella. Known as “The Tiger,” De la Espriella has campaigned on a tough-on-crime agenda targeting criminal organizations and guerrilla groups, drawing comparisons to the security policies of Salvadoran President Nayib Bukele.

Political analyst Sandra Borda, a professor at the University of the Andes, argues that Colombia is experiencing not simply greater polarization but a broader political landscape.

“The 2016 peace agreement with the FARC opened significant space for the left. Inevitably, it also created opportunities for the right,” Borda told CNN. The political scientist, who ran for the Senate in 2022 with the New Liberalism movement, believes the current election presents a more challenging environment for the left than four years ago.

According to Borda, left-wing candidates can no longer campaign solely as agents of change who have never had the opportunity to govern or who remained untouched by traditional politics.

“They can no longer make that argument. They have already governed and are no longer immune from criticism associated with political power,” she said.

The election is being closely watched across Latin America as voters weigh the record of the outgoing administration against promises of change from candidates across the political spectrum.

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International

ICE agent arrested in Texas over shooting of Venezuelan migrant in Minnesota

U.S. authorities arrested an Immigration and Customs Enforcement (ICE) agent on Friday in Texas after he was accused of shooting a Venezuelan migrant in Minnesota earlier this year and later providing false information about the incident.

The suspect, identified as Christian Castro, faces four counts of second-degree assault, along with an additional charge related to filing a false official report. He was taken into custody after investigators from the Minnesota Bureau of Criminal Apprehension located him, according to a statement from the Hennepin County Attorney’s Office.

The case stems from a January operation carried out by ICE during which Castro shot Julio César Sosa, a Venezuelan migrant, in the leg. Prosecutors allege that the agent later submitted a misleading account of the incident, claiming that Sosa and another migrant had attacked officers with a shovel and a broomstick.

However, investigators say that video evidence and further findings contradicted that version of events, leading to the dismissal of charges initially brought against the migrants by federal prosecutors.

ICE’s acting director, Todd Lyons, acknowledged in February that agents involved in the incident had given “false sworn testimony” about what occurred.

Hennepin County Attorney Mary Moriarty described Friday’s arrest as a “critical step forward” in the judicial process and reaffirmed that the investigation remains ongoing.

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