Brazil Daily

The mysterious oil spill on Brazilian shores

Good morning! Today, we cover the massive oil spill along the Brazilian coast. The future of Operation Car Wash—and a soap-opera story involving the former prosecutor general. And the Central Bank’s growing optimism. (This newsletter is for platinum subscribers only. Become one now!)

The mysterious oil spill on Brazilian shores

Brazil’s environmental agency is monitoring the appearance of oil stains along the Northeast coast. So far, 46 municipalities in eight states have registered the presence of oil on their waters or on the beach. Petrobras says the substance is crude oil—which is not produced in Brazil. However,...

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