Politics Dilma Rousseff

  • *Japan eyes Brazil's infrastructure investments. TOKYO, Oct 19- Japan on Wednesday agreed with Brazil to jointly explore Japanese infrastructure investment opportunities in South America's biggest economy as Brazilian President Michel Temer looks to foreign investment to pull out of a deep recession. "Brazil represents a chance for Japan.

  • *Brazil seeks access to Japan's beef, fruit markets. *First visit to Japan by Brazilian leader in 11 years. Temer, making the first visit to Japan by a Brazilian head of state in 11 years, aims to repair ties frayed by his predecessor Dilma Rousseff, who twice canceled official visits to Japan.

  • BRASILIA, Oct 19- Brazil's central bank is poised to cut some of the world's highest interest rates for the first time in four years on Wednesday, in an attempt to help Latin America's No.1 economy emerge from its deepest recession in decades. Inflation has retreated in recent months and the initial approval of a key austerity proposal in Congress has given...

  • TOKYO, Oct 19- Brazilian President Michel Temer told a top Japanese business lobby in Tokyo on Wednesday he would like to open up Brazil's markets and promote international investment there. Temer, making the first visit to Japan by a Brazilian head of state in 11 years, aims to repair ties frayed by his predecessor Dilma Rousseff, who twice cancelled official...

  • Serra's comments, amid expectations that Brazil's central bank could lower rates as early as this week after more than three years of tighter monetary policy, come as he and President Michel Temer sought to drum up a positive outlook at a meeting of the so-called BRICS group of developing nations in India. "There is room, yes, for a rate cut," Serra said, speaking to...

  • Serra's comments, amid expectations that Brazil's central bank could lower rates as early as this week after more than three years of tighter monetary policy, come as he and President Michel Temer sought to drum up a positive outlook at a meeting of the so-called BRICS group of developing nations in India. "There is room, yes, for a rate cut," Serra said, speaking to...

  • RIO DE JANEIRO, Oct 15- Brazilian President Michel Temer said on Saturday the government has no plans to increase fuel taxes, a day after state-run oil company Petrobras announced a drop in fuel prices. "The CIDE, no," he told reporters during an official visit to India. Temer, who replaced impeached President Dilma Rousseff following her ouster in August for budget...

  • RIO DE JANEIRO, Oct 14- Brazil's state-run oil company Petrobras said on Friday it was cutting fuel prices as part of a new policy tracking international benchmarks more closely after politically driven pricing cost the company billions in recent years. Chief Executive Pedro Parente told reporters in Rio de Janeiro that greater transparency will help lure...

  • RIO DE JANEIRO, Oct 14- Brazil's state-run oil company Petrobras said on Friday it was cutting fuel prices as part of a new policy tracking international benchmarks more closely after politically driven pricing cost the company billions in recent years. In a sign that new management is establishing greater space between Petrobras and the Brazilian...

  • RIO DE JANEIRO, Oct 14- Brazil's state-run oil company Petrobras said on Friday it was cutting fuel prices as part of a new policy tracking international benchmarks more closely after politically driven pricing cost the company billions in recent years. Petroleo Brasileiro SA, as the company is formally known, will cut prices for diesel by 2.7 percent and...

  • BRASILIA, Oct 10- Brazil's lower house of Congress approved a landmark proposal to cap public spending in a first-round vote on Monday, a major victory for President Michel Temer's efforts to regain market confidence and pull the economy out of its worst recession ever. The vote was Temer's biggest victory in Congress since he took the presidency in May amid a...

  • BRASILIA, Oct 10- Brazil's lower house of Congress approved a landmark proposal to cap public spending in a first-round vote on Monday, a major victory for President Michel Temer's efforts to regain market confidence and pull the economy out of its worst recession ever. The vote was Temer's biggest victory in Congress since he took the presidency in May amid a...

  • BRASILIA, Oct 10- Brazil's lower house of Congress approved a landmark proposal to cap public spending in a first-round vote on Monday, a major victory for President Michel Temer's efforts to regain market confidence and pull the economy out of its worst recession ever. "This is a clear sign of Congress' commitment to rebalance the fiscal account and rescue...

  • BRASILIA, Oct 8- The initial approval of a public spending cap is a step in the right direction, but it will still take years and other tough reforms for Brazil to regain its coveted investment-grade rating, a senior analyst with S&P Global Ratings told Reuters. In a late Friday telephone interview from the sidelines of the International Monetary Fund and World...

  • BRASILIA, Oct 7- Brazilian President Michel Temer on Friday ruled out tax breaks to kick-start industrial production and called on businesses to step up investment to help pull the country from a two-year recession. In a radio interview, Temer stressed that government health and education budgets would not suffer from an unpopular proposal before Congress...

  • BRASILIA, Oct 6- Brazil's top court has approved a request by prosecutors to split the investigation of dozens of politicians implicated in the sprawling Petrobras corruption scandal by grouping them by the main parties that prosecutors allege received kickbacks. In a decision made public on Thursday, Supreme Court Justice Teori Zavascki agreed to the...

  • BRASILIA, Oct 6- A congressional committee in Brazil approved a constitutional amendment on Thursday that would limit public spending increases for 20 years, handing President Michel Temer an initial victory in his plan to plug a widening deficit. Its approval requires two votes in the plenary of the lower house and two more in the Senate, needing a...

  • BRASILIA, Oct 6- A congressional committee in Brazil approved a constitutional amendment on Thursday that would limit public spending increases for 20 years, handing President Michel Temer an initial victory in his plan to plug a widening deficit. Its approval requires two votes in the plenary of the lower house and two more in the Senate, needing a...

  • A political outsider who is an outspoken advocate of privatizations and fiscal belt tightening, Doria wrested control of Brazil's largest city from the leftist Workers Party as voters punished its involvement in a corruption scandal. Combined with a solid national performance by Temer's own Brazilian Democratic Movement Party, the government emerged in...

  • BRASILIA, Oct 5- Brazil's lower chamber of Congress approved the main points of a bill on Wednesday removing a requirement that state-led oil company Petrobras be the sole operator of vast offshore oil reserves in the costly subsalt layer with a minimum 30 percent stake in their development. The bill, which could be amended in the future, is aimed at boosting...