Suspended President Dilma Rousseff will make a final stand in an impeachment trial that is widely expected to remove her from office
BRASILIA, Brazil— Suspended Brazilian President Dilma Rousseff is scheduled to face her accusers in the Senate on Monday during an impeachment trial that could remove her permanently from office. The trial is based on accusations that she illegally issued decrees last year to make government payments without the authorization of Congress.
SATURDAY, AUGUST 27 SEOUL- South Korea Finance Minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. MONDAY, AUGUST 29 JOHANNESBURG- South African Reserve Bank Deputy Governor Daniel Mminele and Bundesbank executive board member Andreas Dombret will brief the media on the bilateral cooperation between the central banks of South Africa and...
RIO DE JANEIRO— A trial against Brazil's president turned into a yelling match and was temporarily suspended on Friday after the head of Senate declared "stupidity is endless" and sharply criticized a colleague who had questioned the body's moral authority. The second day of the trial against President Dilma Rousseff got off to an edgy start when Senate...
U.S. swimmer Ryan Lochte landed a new endorsement deal on Thursday days even as the fallout from the Rio Olympics continued.
Nine months since impeachment proceedings began for Brazil's President Dilma Rousseff, the last stage of the process is finally underway.
The next test for Brazilian politics is whether the new government can help revive the economy, says Adrienne Arsht Latin America Center's Andrea Murta.
SATURDAY, AUGUST 27 SEOUL- South Korea finance minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. BISHKEK- National Bank of the Kyrgyz Republic interest rate decision. BRASILIA- Central Bank of Brazil holds Monetary Policy Committee Meeting.
PIIE's Monica De Bolle says Rousseff's impeachment is highly likely and Brazil could see a Temer-led government by early September.
BRAZILIAN POLICE INVESTIGATOR RESPONSIBLE FOR LOCHTE CASE SUGGESTS SWIMMER BE DEPOSED IN THE UNITED STATES.
BRAZILIAN POLICE RECOMMEND CHARGES AGAINST U.S.
NEW YORK— Ryan Lochte has a new sponsor— Pine Bros. Four major sponsors, including Speedo USA and Ralph Lauren, dumped Lochte on Monday, determining they no longer wanted their brands associated with the swimmer. Lochte claimed he and three other U.S. swimmers were robbed in Rio de Janeiro after their taxi was pulled over by armed men posing as police.
LONDON, Aug 25- Financial technology groups from more than 20 cities across the world plan to form a federation of' fintech' hubs this year in what would be the first attempt to coordinate and globalize web-based innovation transforming the financial industry. Innotribe, the innovation arm of financial communications provider SWIFT, and Innovate Finance, the...
Only 54 senators are needed to vote for a formal impeachment of Rousseff, with 49 declaring their willingness to do so, says CSIS' Michael Metera.
CHISINAU- National Bank of Moldova interest rate decision. NAIROBI- African Development Bank President Akinwumi Adesina holds a press conference to highlight Africa's economic growth progress and list structural challenges that hinder the continent from achieving rapid, inclusive and sustainable growth- 1330 GMT. SATURDAY, AUGUST 27 SEOUL- South Korea...
LOS ANGELES— Leslie Jones, the black "Saturday Night Live" and "Ghostbusters" actress-comedian, is again the target of racist and sexist online attacks. The hackers also appeared to have inserted a video of deceased Cincinnati Zoo gorilla Harambe and images of Jones posing with such stars as Rihanna, Kanye West and Kim Kardashian West. "Ghostbusters" filmmaker Paul...
SAO PAULO, Aug 24- Nippon Steel and Sumitomo Metal Corp is working on a plan to split Usinas Siderúrgicas de Minas Gerais SA into two separate units, in a last ditch attempt to end a two-year battle with Techint Group for control of the Brazilian steelmaker, two people familiar with the matter said on Wednesday. Techint Group, the other controlling shareholder of...
With coffee prices still near the 12-month high they hit last month, analysts are contemplating whether the rally has further to run.
WPP CEO, Sir Martin Sorrell and CNBC’s Steve Sedgwick talks about the advertising and how it played out during the 2016 Olympics Games in Rio.
**JOHANNESBURG- South African Finance Minister Pravin Gordhan take part in a debate on the economy- 1700 GMT. **PRETORIA- South African Reserve Bank Conference on Collaboration for Building Cyber Resilience. Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT.