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Brazil's President Jair Bolsonaro. Photo: Alexandre Schneider/Getty Images

Brazil's President Jair Bolsonaro tweeted Wednesday he's launched an investigation after an officer traveling in a presidential plane to the G20 summit in Japan was found with 86 pounds of cocaine when he stopped off in Spain.

Details: El Pais first reported a Brazilian Air Force officer traveling with Bolsonaro's G20 contingent was arrested at Spain's Seville airport. Authorities said they found the packages in his hand luggage, per El Pais.

I demanded immediate and severe punishment for the person responsible for the narcotic substance found in the military plane. We won’t tolerate such disrespect to our country!"
— Translation of Bolsonaro's tweet

Why it matters: Bolsonaro was elected on a populist platform with a mandate to be tough on crime, vowing to take a hardline approach to drug traffickers. drug traffickers.

Go deeper: Arrival of Brazil's Bolsonaro draws praise from Trump, fear from critics

Go deeper

Ben Geman, author of Generate
6 mins ago - Economy & Business

Tesla's wild rise and European plan

Tesla's market capitalization blew past $500 billion for the first time Tuesday.

Why it matters: It's just a number, but kind of a wild one. Consider, via CNN: "Tesla is now worth more than the combined market value of most of the world's major automakers: Toyota, Volkswagen, GM, Ford, Fiat Chrysler and its merger partner PSA Group."

Dave Lawler, author of World
47 mins ago - World

China's Xi Jinping congratulates Biden on election win

Photo: Paul J. Richards/AFP via Getty Images

Chinese President Xi Jinping sent a message to President-elect Biden on Wednesday to congratulate him on his election victory, according to the Xinhua state news agency.

Why it matters: China's foreign ministry offered Biden a belated, and tentative, congratulations on Nov. 13, but Xi had not personally acknowledged Biden's win. The leaders of Brazil, Mexico and Russia are among the very few leaders still declining to congratulate Biden.

Kendall Baker, author of Sports
2 hours ago - Sports

College basketball is back

Illustration: Sarah Grillo/Axios

A new season of college basketball begins Wednesday, and the goal is clear: March Madness must be played.

Why it matters: On March 12, 2020, the lights went out on college basketball, depriving teams like Baylor (who won our tournament simulation), Dayton, San Diego State and Florida State of perhaps their best chance to win a national championship.