International
Board of Brazil’s Petrobras elects Lula ally as new president
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.
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.
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.
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.
Internacionales
U.S. to restore ambassador-level relations with Bolivia after 17 years
U.S. Deputy Secretary of State Christopher Landau announced on Saturday that the United States will restore ambassador-level diplomatic relations with Bolivia after 17 years. The statement came during his visit to La Paz to attend the inauguration of Bolivia’s new president, Rodrigo Paz Pereira.
In a brief appearance before the media, Landau noted that in recent weeks Washington had maintained “very close relations with the president-elect.”
“And now that he is officially president, we will restore relations at the ambassador level, as it should have always been,” he said, speaking alongside President Paz.
Landau described it as “highly unusual” and “very unfortunate” that the two nations have spent years without ambassadors in each other’s capitals — Washington, D.C., and La Paz.
“Diplomacy is ultimately about communication. Without an ambassador in the other country’s capital, that becomes more difficult,” the U.S. official emphasized, expressing hopes that the appointment of new ambassadors will be announced “very soon.”
He also recalled that President Paz has expressed his interest in maintaining a strong bilateral relationship, adding that the United States “reciprocally wants to establish a good relationship with this new Bolivian government.”
For his part, President Paz thanked the U.S. delegation led by Landau for attending his inauguration and asked him to “convey a message of cordiality and friendship” to President Donald Trump and all levels of the U.S. government.
International
Trump says GOP ‘learned a lot’ after democratic election wins
U.S. President Donald Trump said that he and the Republican Party “learned a lot” from the Democratic victories in Tuesday’s state and local elections. He also compared Democrats to “kamikaze pilots” over the ongoing budget standoff.
Speaking at an event with Republican senators on Wednesday, Trump described the results as an unexpected setback.
“These were very Democratic areas, but I don’t think it was good for Republicans. In fact, I don’t think it was good for anyone. But we had an interesting night and we learned a lot,” he said during remarks broadcast by the White House.
Trump agreed with pollsters that two key factors led to Republican losses in New York’s mayoral race and the gubernatorial contests in New Jersey and Virginia.
International
Bolivia’s Jeanine Áñez freed after Supreme Court annuls her conviction
Former Bolivian interim president Jeanine Áñez was released from a women’s prison in La Paz on Thursday, where she had spent more than four and a half years for an alleged coup, after her conviction was annulled, AFP journalists confirmed.
Dozens of supporters and family members gathered outside the facility to celebrate her release. Áñez left the prison waving a Bolivian flag around 15:00 GMT.
“It is comforting to see that justice will once again prevail in Bolivia. She was the only woman who took on the role with bravery and courage,” said Lizeth Maure, a 46-year-old nurse who had come to show her support.
Áñez, a 58-year-old lawyer and conservative politician, governed Bolivia for nearly a year until November 2020, when she handed power to leftist leader Luis Arce.
She was arrested in 2021 and sentenced the following year to 10 years in prison for “resolutions contrary to the Constitution,” accused of illegally assuming the presidency after Evo Morales resigned in 2019 amid social unrest.
Her sentence was overturned on Wednesday by the Supreme Court of Justice, Bolivia’s highest judicial authority.
The court ruled that Áñez should have been subjected to a “trial of responsibilities” before Congress— a constitutional process reserved for sitting presidents, vice presidents, ministers, and top judges — rather than prosecuted in an ordinary criminal court.
As she was welcomed by relatives and supporters upon release, Áñez declared:
“I feel the satisfaction of having fulfilled my duty to my country, of never having bowed down. And I will never regret having served Bolivia when it needed me.”
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