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Politics Dilma Rousseff

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  • BRASILIA, Aug 12- President Dilma Rousseff got an extra 15 days on Wednesday to respond to allegations that she doctored public accounts last year, delaying a decision by a court that could pave the way for the leftist leader's impeachment. The Federal Accounts Court, known as the TCU, granted the extra time and could now delay until September whether to reject or...

  • SAO PAULO, Aug 11- Moody's Investors Service cut Brazil's credit rating to near-junk status on Tuesday but said the country's coveted investment grade status is safe for now, proving some relief to investors and the government of President Dilma Rousseff. Moody's decision comes two weeks after competing ratings firm Standard& Poor's warned Brazil could lose...

  • Brazil's VP holding fort for unpopular Rousseff Tuesday, 11 Aug 2015 | 1:14 PM ET

    BRASILIA, Aug 11- Vice President Michel Temer is increasingly seen as the man who could lead Brazil out of political crisis if President Dilma Rousseff is forced from office, but people who know him say he will do all he can to see her serve out her term. They doubt, though, that he can do much to save her if the current pro-impeachment drumbeat results in a trial in...

  • BRASILIA, Aug 11- The biggest threat to Brazilian President Dilma Rousseff's hold on office may come not from a corruption scandal that has ensnared the country's business and political elite but from a less-heralded probe into accounting practices led by a computer science graduate turned lawyer. Julio Marcelo de Oliveira, a prosecutor at Brazil's Federal...

  • BRASILIA, Aug 11- The biggest threat to Brazilian President Dilma Rousseff's hold on office may come not from a corruption scandal that has ensnared the country's business and political elite but from a less-heralded probe into accounting practices led by a computer science graduate turned lawyer. Julio Marcelo de Oliveira, a prosecutor at Brazil's Federal...

  • BRASILIA, Aug 10- The president of Brazil's Senate said on Monday that attempting to impeach President Dilma Rousseff was not a priority and warned that seeking her removal in Congress would "set the country on fire." Many of the president's opponents in Congress have called for her impeachment for allegedly breaking the law by doctoring fiscal accounts to...

  • *Brazil consumer confidence at all-time low. SAO PAULO, Aug 10- Brazil's once red-hot housing market has turned cold quickly, forcing many developers to slam the brakes on new construction, though one corner of the industry is so far riding out the nation's worsening economic slump. At the time, developers like Cyrela Brazil Realty SA and Rossi Residencial SA,...

  • Rousseff met with prosecutor general Rodrigo Janot in the presidential palace to tell him of her decision to submit his name again for Senate approval, Justice Minister Jose Eduardo Cardozo said in Brasilia. Despite the political crisis, Brazil's Senate is inclined to approve Janot's name for a second term, senator Romero Juca of the PMDB party, which is one of...

  • RIO DE JANEIRO, Aug 6- Brazilian state-led oil company Petroleo Brasileiro SA said its second-quarter net income plunged 89 percent after a one-time charge for underperforming assets that caught analysts off guard. The 1.28- billion-real charge was taken as Petrobras' new executives and board of directors try to control the company's $132 billion debt, the...

  • BRASILIA, Aug 6- Allies of Brazil's President Dilma Rousseff have begun talking with her opponents about filling what they see as a leadership vacuum and her inability to pull the country out of an economic tailspin, party insiders said on Thursday. The president's failure to control her political base in Congress, dramatized by House Speaker Eduardo Cunha's...

  • SAO PAULO, Aug 6- Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil firm Petrobras' international division, and five others, saying they favored U.S. company Vantage Drilling in a rig contract. The prosecutor's office said that in exchange, Petrobras officials improperly favored Vantage...

  • BRASILIA, Aug 6- Allies of Brazil's President Dilma Rousseff have turned to her opponents to talk about filling what they see as a damaging leadership vacuum after losing confidence in her ability to pull the country out of an economic tailspin, party insiders said on Thursday. The president's failure to control her political base in Congress, dramatized by...

  • BRASILIA, Aug 6- President Dilma Rousseff's approval rating remains at rock bottom while a growing number of Brazilians want to see her impeached and fewer think she will see the end of her term, according to a poll published on Thursday. With a huge corruption scandal rocking her government and Brazil sliding into its worst economic downturn in 25 years,...

  • BRASILIA, Aug 5- Brazil's Senate approved on Wednesday a $4.6 billion financing agreement reached last week with Sweden for the purchase of 36 Gripen fighter jets from Swedish planemaker Saab AB for the Brazilian Air Force. The first Gripen NG fighter jets should be delivered to Brazil in 2019. Saab plans to set up a Brazilian assembly line producing the...

  • Brazilian Senate approves Saab fighter deal with Sweden Wednesday, 5 Aug 2015 | 8:48 PM ET

    BRASILIA, Aug 5- Brazil's Senate approved on Wednesday a $4.6 billion financing agreement reached last week with Sweden for the purchase of 36 Gripen fighter jets from Swedish planemaker Saab AB for the Brazilian Air Force. The first Gripen NG fighter jets should be delivered to Brazil in 2019. Saab plans to set up a Brazilian assembly line producing the...

  • BRASILIA, Aug 5- Brazil's top prosecutor, who has put dozens of politicians under investigation for allegedly taking bribes in the Petrobras corruption scandal, has won the backing of his peers to stay on the job for two more years. Rousseff is expected to nominate Janot, but it is not clear whether he will win confirmation by the Senate because the head of the upper...

  • CURITIBA, Brazil, Aug 3- Brazilian federal police on Monday arrested former government minister Jose Dirceu, one of the most senior members of the ruling Workers' Party to be detained so far in a corruption scandal engulfing state-run oil company Petrobras. Federal prosecutor Carlos Fernando dos Santos Lima called Dirceu a key instigator of the Petrobras...

  • CURITIBA, Brazil, Aug 3- Brazil's federal police on Monday arrested former government minister Jose Dirceu, one of the most senior members of the ruling Workers' Party to be jailed so far in a probe of alleged corruption at state-run oil company Petrobras. Federal prosecutor Carlos Fernando dos Santos Lima said during a press conference that Dirceu was one of the...

  • BRASILIA, Aug 3- Brazil's federal police on Monday arrested former government minister Jose Dirceu, ensnaring the most senior member of the country's ruling party yet in a massive investigation into alleged corruption at state-run oil company Petroleo Brasileiro SA. Police will hold a press conference at 10 a.m. Brasilia time to provide further details.

  • BRASILIA, July 31- Brazil's antitrust regulator CADE and federal prosecutors signed a leniency deal on Friday with engineering company Camargo Correa aimed at obtaining evidence of alleged price-fixing of contracts to build a nuclear power plant. Camargo Correa was the first of Brazil's construction firms to have its top executives convicted of...