The Huge Risk Facing Latin American Oil Companies
The region’s big energy firms are mostly lagging in the transition away from fossil fuels. More can be done.
Brazil’s Energy Sector Needs Reform. Is Bolsonaro Up to the Task?
Brazil’s president will need to work with Congress for the country to make good on its energy potential.
Petrobras’ $20-Billion Bright Spot
Despite recent controversies, Brazil’s state-led oil firm has cause for optimism thanks to two recent deals that sharpen its focus on pre-salt oil.
Brazil’s How-Not-To Guide on Trade
A look at the sugar and ethanol industry shows why trade barriers are not the best response to globalization’s pressures.
Brazil’s Year of Living Dangerously
In May 2016, the Brazilian Senate impeached President Dilma Rousseff in the middle of her second term, amid economic recession, corruption scandals and street protests. She was replaced by her vice president, Michel Temer. One year later, Brazilians are discussing Temer’s impeachment, amid economic recession, corruption scandals, taped recordings that could incriminate the chief of … Read more
The Brilliant Names of Brazil’s Anti-Corruption Operations: A Guide
This piece was updated on March 7. Operação Lava Jato, or “Operation Car Wash,” isn’t the only odd-sounding police sting to make waves in Brazil in recent years. Here are some of the names and stories behind the country’s most scintillating anti-corruption busts: Operação Lava JatoIn March 2014, a Brazilian currency exchanger named Alberto Youssef was caught … Read more
Brazil’s Historic Corruption Probe May Be at Risk
To date, President Dilma Rousseff has done a mostly admirable job of handling the historic corruption probe underway in Brazil. Even as the investigation of graft at state-run oil company Petrobras drew closer to her inner circle, and threatened to culminate in her impeachment, Rousseff allowed federal police and prosecutors to do their work with … Read more
Private Sector: Savage or Savior?
Since 1992, the Brazilian city of Cubatão has been a poster child for environmental responsibility. The United Nations even designated it as a global example of environmental recovery. But that title was won at a heavy cost. Less than a decade earlier, Cubatão, a city of 130,000 inhabitants in the state of São Paulo, was … Read more