After the election was canceled shortly before the vote was due to take place amid disputes over the rules, the parliament moved to seize control of the political process and replace Dbeibah's government.

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The Nasdaq rose 270.95 points, or 2.5%, to 11,069.30. The S&P 500 jumped 89.95 points, or 2.4%, to 3,764.79.
The Dow Jones Industrial Average gained 641.47 points, or 2.1%, to 30,530.25. The Russell 2000 index of smaller companies added 28.34 points, or 1.7%, to 1,694.03.

The settlement - reached by a narrow dirt road sliced through the forest in the 1970s during Ecuador's oil boom and then a three-hour motorized canoe ride along the Curaray River - is home to some of the region's 5,000 Waorani.

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They don't see the life they will suffer later," Nihua said. There are always families who want to negotiate. "The oil companies speak to two or three families at a time and offer them money to get permission to enter their lands.

Any move by Bashagha to establish a government in Tripoli could well trigger armed resistance by forces linked to Dbeibah, pointing to a return to Libya's division between rival administrations based in different cities.

Whether the political crisis will kindle armed conflict remains unclear, but it leaves Libya without a unified government, with the main political and military forces bitterly divided and with no clear path forward.

Petroleo Brasileiro SA, as the company is formally known, said in a securities filing that Chief Executive Jose Mauro Coelho had resigned on Monday morning and an interim CEO would now be appointed for the board's consideration.

The United Nations and foreign powers that recognized Dbeibah's government when it was installed a year ago have avoided any definitive statement on which administration should now be seen as legitimate, and have instead pushed for quick elections.



Bashagha's large cabinet with 35 members reflects the extensive negotiations and Classic Novels promises of positions needed to secure support from a majority of members of parliament and the various interests they represent.

Fifteen years ago, in a bid to save Yasuni national park from oil development, Ecuador's former President Rafael Correa asked wealthy countries to donate $3.6 billion to offset revenue lost by not drilling there.

Since winning a series of landmark legal challenges, the Cofan of Sinangoe, a community of about 50 families who fish, farm and hunt, have successfully suspended mining in their territory - a rare achievement in the increasingly mining-blighted Amazon.

Alexandra Narvaez, the Cofan guard's first woman member and a winner of the 2022 Goldman Environmental Prize, said the group has come across makeshift mining camps with heavy excavating machinery as well.

SAO PAULO - The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns in an election year.

"We monitor who's entering our territory without our permission. We're protecting our territory and rivers from people who want to cause damage," said the 26-year-old, who belongs to Ecuador's first uniformed and tech-backed indigenous guard, set up by the A'i Cofan under their own laws in the northern rainforest village of Sinangoe.

SANTIAGO - None of Chile's four former living presidents will attend July's ceremonial handover of the proposed new constitution to President Gabriel Boric, ahead of a referendum in September which will determine its implementation.

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"We are defending our home with pen and paper and our voices, and not with spears," said 29-year-old Nihua, who leads 30 communities of about 1,000 Pastaza Waorani people living in villages spread along the river.

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The tech-heavy Nasdaq climbed 2.5% and the Dow Jones Industrial Average added 2.1%. The S&P 500 rose 2.4%. Markets will be closely watching congressional testimony this week from Federal Reserve Chair Jerome Powell for more clues about the Fed_s thinking about inflation and future interest rate hikes.
The yield on the 10-year Treasury note rose to 3.30%. It_s still 21.5% below the record high it set in January.