Free Trial

Environment Minister Resigns Amid Illegal Logging Probe

BRAZIL
  • Brazilian Environment Minister Ricardo Salles resigned Wednesday, weeks after he was targeted by federal police as part of an investigation into alleged illegal logging in the Amazon rainforest.
    • Mr. Salles, who has been widely criticized by environmental activists around the world over rising deforestation under his watch, will be replaced by Joaquim Alvaro Pereira Leite, an official previously in charge of monitoring the Amazon. (Dow Jones)
  • Brazil's Supreme Court on Wednesday confirmed its earlier ruling that a lower court judge had failed to treat ex-President Luiz Inacio Lula da Silva fairly in graft probes, a decision that could lead other cases against the left-wing leader to be thrown out. (NP)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.