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Brazil

Brazil billionaire Andre Esteves arrested in Petrobras probe

SÃO PAULO, Brazil – Andre Esteves, the Brazilian billionaire who transformed BTG Pactual into the largest independent investment bank in Latin America, was arrested in the corruption probe that has shaken the country's political and economic leadership.

Even Brazil’s military may not be enough to protect an endangered Amazon tribe

AWÁ INDIGENOUS LAND, Brazil – In January 2014, the Brazilian government sent the army into this corner of the Amazon, deploying soldiers backed by bulldozers and helicopters to clear out hundreds of families living illegally on a reserve for indigenous people.

DEA agents open Rio de Janeiro office

U.S. agents from the Drug Enforcement Administration have opened an office in Rio de Janeiro, host city for next year's Olympics, to help local forces fight drug and weapons traffickers.

Fitch cuts Brazil credit rating to just above junk

Fitch dealt Brazil's credit rating a one-step cut on Thursday to just above a junk rating, saying the government faces increased fiscal pressures as the economy contracts.

Brazil tribes declare war on illegal loggers in Amazon

Two indigenous groups in the Amazon have taken radical action to reduce illegal logging, tying up loggers, torching their trucks and tractors, and kicking them off the reserves. As a result, such logging has sharply declined in these territories.

Murder committed in big Brazilian cities every half hour, new report finds

The most violent city in the study was Fortaleza, capital of Ceara state in the impoverished northeast, where there were 1,989 killings and a rate of 77 murders for every 100,000 people.

Fugitive selfie-loving Brazilian mayor surrenders

A 25-year-old Brazilian mayor who reveled in posting glamorous pictures of herself on social media and who is suspected of embezzling from the town coffers has surrendered after vanishing for more than a month.

Brazil court freezes Neymar assets worth $47 million over tax probe

Judge Carlos Muta wrote in a ruling that Neymar had been subjected to a "special fine" concerning alleged unpaid taxes between 2011 and 2013.

Brazil corruption: Ruling party heavyweight sentenced to 15 years in prison

The former treasurer of Brazil's ruling party, João Vaccari, was sentenced Monday to more than 15 years in prison for his role in a massive corruption scandal at state oil giant Petrobras.

Supporters rally around Costa Rican band Overseas after Brazil robbery

Costa Rican punk rock Overseas has decided to continue with their South American tour despite having been robbed of all their possessions in Brazil, and seeks help from sponsors and fans.

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