International

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.

International

Spain’s irregular migrant population rises to 840,000, study finds

The number of migrants living in Spain without legal residency status continues to rise and has reached 840,000 people, with 91% originating from the Americas, particularly Colombia, Peru and Honduras, according to a report by the Spanish think tank Funcas (Foundation of the Savings Banks).

An estimated 17.2% of the non-EU foreign population living in Spain is in an irregular administrative situation. The estimate is based on the gap between the number of foreign residents effectively living in Spain, according to the National Statistics Institute (INE), and those who hold a residence permit, benefit from international protection, or are in the process of obtaining it.

The data, as of January 1, 2025, point to a notable and sustained increase in irregular migration since 2017, when the estimated figure stood at around 107,000 people, representing 4.2% of the non-EU population residing in Spain.

By origin, migrants from the American continent stand out, totaling around 760,000 people, or 91% of all irregular migrants. Colombians account for nearly 290,000, followed by Peruvians with almost 110,000, and Hondurans with about 90,000. Migrants from Africa (50,000), Asia (15,000) and Europe (14,000) trail far behind.

The figures predate Spain’s latest immigration regulation reform, which came into force in May 2025 and introduces measures to ease access to legal status through residency ties. According to Funcas, the reform would, in principle, tend to reduce the number of migrants in an irregular situation.

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International

Historic snowstorm paralyzes Toronto after 60 centimeters of snow

Toronto, Canada’s largest city and the fourth most populous in North America, was largely paralyzed on Monday after a historic snowstorm dumped up to 60 centimeters of snow and sent temperatures plunging to -15 degrees Celsius, authorities said.

Late Sunday, as the scale of the snowfall became clear, city officials declared a climate emergency, triggering extraordinary measures including parking bans on several major streets to facilitate snow removal operations.

Toronto’s public transit authority reported that while some buses remain immobilized, subway and streetcar services are operating with relative normality, though localized disruptions may occur.

A similar situation is affecting the city’s commuter rail network, which remains operational but is experiencing significant delays on its main routes due to the severe weather conditions.

International

Venezuela frees at least 80 political prisoners, NGO says

At least 80 political prisoners were released on Sunday across Venezuela, human rights group Foro Penal reported, as the broader process of detainee releases continues at a slow pace under the interim government.

Foro Penal’s director, Alfredo Romero, wrote on social media platform X that verified releases took place nationwide and that the figure could rise as more confirmations are completed.

Attorney Gonzalo Himiob, also from Foro Penal, said the excarcelations occurred during the early hours of the day and emphasized that the number is not yet final pending further verification.

The releases are part of a series of steps announced by Venezuela’s interim leader, Delcy Rodríguez, who took power after the capture of former President Nicolás Maduro in a U.S. military operation on Jan. 3, 2026. Rodríguez has pledged a significant number of liberations but has been criticized by opposition groups and rights organizations for the slow and nontransparent nature of the process.

So far, the Venezuelan government reports that 626 detainees have been freed since December, though independent counts by human rights groups suggest the number of actual political prisoner releases is lower and that many remain behind bars.

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Families of those still detained have maintained vigils outside prisons, hopeful for further releases even as broader concerns about political imprisonment and due process persist.