LATIN AMERICA

FACTORY EXPLOSION IN BRAZIL CLAIMS NINE LIVES

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An explosion at an explosives manufacturing plant near Curitiba, in southern Brazil's Paraná state, has killed six men and three women, according to emergency officials. The incident occurred early Tuesday morning in Quatro Barras, where employees of Enaex, a company producing civilian-use explosives for mining and construction, were on shift.

BOLSONARO PLACED UNDER CURFEW AMID COUP INVESTIGATION

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Former Brazilian President Jair Bolsonaro has been placed under a court-ordered nighttime curfew and is required to wear an electronic ankle monitor as investigations into his alleged role in an attempted coup continue to unfold. The decision, issued by the Supreme Federal Court, is part of a broader inquiry into efforts to prevent President Luiz Inácio Lula da Silva from taking office following the 2022 elections.

US DOUBLES REWARD FOR ARREST OF NICOLÁS MADURO

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Accusing Venezuelan President Nicolás Maduro of being "one of the largest narco-traffickers in the world," the US has doubled the reward for information leading to his arrest to $50 million. Attorney General Pam Bondi said the US would double its already announced reward of $25 million, adding that Maduro was directly linked to drug smuggling operations.

BRAZIL READY TO RETALIATE TRUMP'S TARIFF THREAT

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Brazilian President Luiz Inácio Lula da Silva has stated his readiness to retaliate with matching tariffs if the United States imposes new levies on Brazilian goods. Lula's response came after President Donald Trump threatened on Wednesday to implement a 50% import tax on Brazilian goods starting August 1st.

BRAZIL'S FORMER PRESIDENT HOSPITALIZED AMID ALLEGATIONS OF COUP PLOT FALLOUT

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Brazil's former president Jair Bolsonaro was placed under house arrest Monday over an alleged coup plot. The order by Supreme Court Justice Alexandre de Moraes has strained ties with the US, where Donald Trump has defended Bolsonaro and responded with tariffs.

TRUMP DEFENDS BOLSONARO IN COUP TRIAL

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US President Donald Trump has weighed in on the legal troubles of Brazil's former President Jair Bolsonaro, urging Brazilian authorities to end what he called a "WITCH HUNT." Bolsonaro, who served as president from 2019 to 2022, is currently on trial for allegedly attempting a coup against current President Luiz Inácio Lula da Silva, a charge he denies.

BP FINDS LARGEST OFFSHORE OIL RESERVE SINCE 1999, OFF BRAZIL

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BP has announced its largest oil and gas find in a quarter-century, revealing a significant discovery in Brazil's Santos Basin that may reshape its upstream ambitions and long-term output strategy.

ARGENTINA ORDERED TO SELL ITS STAKE IN OIL FIRM YPF

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A New York federal judge has ruled against Argentina, ordering the country to sell its 51% stake in oil firm YPF in a decision that adds to the challenges facing President Javier Milei's efforts to stabilize the country's ailing economy. Milei, who has made economic recovery a central plank of his administration, quickly announced plans to appeal the ruling, which comes after a decade of international legal wrangling.