Politics Dilma Rousseff

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  • SAO PAULO, Feb 5- U.S. power utility AES Corp, Italy's Enel and several Brazilian rivals have shown preliminary interest in buying state-controlled power distributor Centrais Elétricas de Goiás SA, a group organizing the sale and a source briefed on the plan said. According to a website created by Brazil's Eletrobras, which has a controlling stake at Celg-D,...

  • SAO PAULO, Feb 5- U.S. power utility AES Corp as well as Brazilian rivals CPFL Energia SA and Equatorial Energia SA are among interested parties that have shown preliminary interest in buying state-controlled power distributor Centrais Elétricas de Goiás SA, a source briefed on the plan said. Other companies that have requested access to documents for the...

  • BRASILIA, Feb 2- Industrial output in Brazil fell for a seventh straight month in December, capping the worst year for manufacturers in more than a decade as they struggle with inflation, high interest rates and political uncertainty. Manufacturers and miners cut nearly one fifth of their production since a 2013 peak after Brazil fell into a deep recession.

  • The Chilean Health Ministry says all three Zika cases reported Tuesday were contracted outside Chile. It says one person was infected while traveling in Venezuela, one in Colombia and one in Brazil. The World Health Organization says Zika is likely to spread to every country in the Americas where the Aedes aegypti is found.

  • SAO PAULO, Feb 1- An overwhelming majority of Brazilians want an investigation into a sprawling kickback scheme at state-controlled oil producer Petrobras to continue despite concern it is hurting the nation's ailing economy, according to a poll released on Monday. That makes Rousseff the most unpopular president since Brazil's return to democracy three...

  • SAO PAULO/ BRASILIA, Feb 1- Shares of Brazilian airline Gol soared nearly 40 percent on Monday after a newspaper reported the government is considering the end of limits on foreign ownership of domestic airlines to attract investment to the struggling sector. Last year Congress debated a proposal to lift the foreign ownership limit to 49 percent.

  • Jan 29- Companies and scientists are racing to create a Zika vaccine as concern grows over the mosquito-borne virus that has been linked to severe birth defects and is spreading quickly through the Americas. Brazil, the hardest-hit country, has reported around 3,700 cases of the devastating birth defect called microcephaly that are strongly suspected to be...

  • BRASILIA, Jan 29- Brazil is losing the battle against the mosquito spreading the Zika virus, President Dilma Rousseff said on Friday, calling for a national effort to eradicate the insect. The virus has been linked to thousands of cases of babies being born in Brazil with microcephaly- meaning they have abnormally small heads and brains that have not developed...

  • BRASILIA, Jan 28- Brazil will release 83 billion reais in new credit from state-run banks for farmers, builders and other businesses suffering in a shrinking economy, resuming stimulus efforts it had largely eschewed in last year's austerity drive. Finance Minister Nelson Barbosa told reporters details on Thursday of the new credit aiming to help companies...

  • SAO PAULO, Jan 28- Banco Bradesco SA, Brazil's No. 2 private sector bank, expects loan book growth to slow and loan-loss provisions to rise significantly this year, highlighting the headwinds facing Latin America's largest economy. The range, the lowest this decade, signals prudence as Brazil grapples with the longest recession since at least 1901..

  • SAO PAULO, Jan 28- Banco Bradesco SA, Brazil's second-biggest private sector bank, expects loan book growth to slow and loan-loss provisions to rise significantly this year, highlighting the headwinds facing Latin America's largest economy. The range is the lowest this decade, signaling prudence as Brazil grapples with a recession that could be the nation's...

  • BRASILIA, Jan 27- Brazil's President Dilma Rousseff could release up to 60 billion reais in fresh credit from state-run banks and a workers' pension fund to help lift the country out of a deep recession, two senior government sources said on Wednesday. Her government will announce the fresh credit at a high-profile meeting with business leaders and union bosses...

  • BRASILIA, Jan 27- Brazil's President Dilma Rousseff could release up to 60 billion reais in fresh credit from state-run banks and a workers' pension fund to help lift the country out of a deep recession, two senior government sources said on Wednesday. Her government will announce the fresh credit at a high-profile meeting with business leaders and union bosses...

  • SAO PAULO, Jan 27- Beach-side apartments in Brazil may have been used as bribes and to launder money for members of the ruling Workers' Party, police and prosecutors said on Wednesday after ordering six arrests and 15 search warrants. The apartments were held in the name of front companies, such as Murray Holdings LLC that was registered by Panama- based Mossack...

  • BRASILIA, Jan 22- President Dilma Rousseff said on Friday that her cash-strapped government could consider tapping into Brazil's sizeable foreign reserves at a given moment, an idea that troubles investors already worried about the country's economic decline. In an interview with the online news service UOL, Rousseff said she was neither for nor against...

  • SAO PAULO, Jan 22- Brazilian President Dilma Rousseff has approved a resolution to maintain the current system for establishing the minimum price of oil on which royalty payments are paid by state-run company Petroleo Brasileiro SA to local governments. For states such as Rio de Janeiro, oil revenues are vital to funding public services.

  • Relations between Argentina and the United States soured under the South American country's former leader, Cristina Fernandez, who frequently railed against what she called bullying by greedy capitalist powers in her fight against U.S. creditors. Senator Marco Rubio, who has in the past opposed World Bank loans to Argentina over the country's unpaid debt,...

  • BRASILIA, Jan 21- President Dilma Rousseff's government will announce a strategy next week to kick start the Brazilian economy without causing it to overheat or fuel inflation, sources in the administration said on Thursday. The attempt to pull Brazil out of its worst recession in decades will involve opening up state financing for certain industries,...

  • Figures on Thursday showed Brazil lost 1.5 million payroll jobs last year, its worst annual result in nearly three decades. The number of employed people in Brazil fell 3.7 percent in 2015. This is a transition phase for Brazil, "Barbosa said at a panel in the World Economic Forum in Davos, Switzerland.

  • Figures on Thursday showed Brazil lost 1.5 million payroll jobs last year, its worst result in nearly three decades. The number of employed people in Brazil fell 3.7 percent in 2015. This is a transition phase for Brazil, "Barbosa said at a panel in the World Economic Forum in Davos, Switzerland.