Peruvian Stock Shock!

The Latibex is a Latin America listing segment of the Madrid Stock Exchanges, and carries major headline news from the region from Dow Jones.
Brazil is not the only South American republic whose stock exchange is bumping up against the famous “circuit breaker” — devised by the NYSE to avoid a repetition of the panic of [...]

“Bad Hair Day For Belo Horizonte Baldy”

Polícia Federal prende empresário Marcos Valério em operação Avalanche: Brazil’s federal police arrest Belo Horizonte ad agency executive Marcos Valério de Souza.
Marcos Valério is at the center of a number of cases involving alleged money laundering of public money into political slush funds through padded (overbilled) advertising budgets. One of these was the so-called “big [...]

Dantas’ Inferno: Did the Hatchet Man Have Sushi With The Sub-Supremes?

Comunique-se, the Brazilian trade daily for scribblers and paparazzi, reports: An IstoÉ editor who wrote that lawyers for Daniel Valente “The Quiet Brazilian” Dantas dined with aides to Supreme Court Chief Justice Gilmar Mendes on the day the Chief Justice, controversially, granted Dantas a habeas corpus writ, reveals who his source was not.
He does not [...]

Dam It! Has Correa Expelled Odebrecht or Has He Not?

Lula manda cancelar viagem de delegação brasileira ao Equador: The president of Brazil cancels a visit by a trade delegation to Ecuador.
G1/Globo reports.
This story has been driving me crazy today, just because I had to write up a short note about it, and news on the main factual issue here — has the government now [...]