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Politics Dilma Rousseff

  • SAO PAULO, Jan 26- The Brazilian central bank's recent decision to ease reserve requirements for commercial lenders could lead to less state oversight of the industry, paving the way for more credit, Banco Santander Brasil SA's top executive said on Thursday. Indications that central bank policymakers could slash the overnight lending rate to single-digit...

  • SAO PAULO, Jan 19- Leading shareholders of Vale SA are close to endorsing a plan to turn the world's No. 1 iron ore producer into a company with dispersed share ownership within six years, two people familiar with the talks said. Bradespar SA, Mitsui& Co and several Brazilian pension funds are negotiating a new shareholder accord that would give Vale dispersed share...

  • SAO PAULO, Jan 19- Leading shareholders of Vale SA are close to endorsing a plan to turn the world's No. 1 iron ore producer into a company with dispersed share ownership within six years, two people familiar with the talks said. Bradespar SA, Mitsui& Co and several Brazilian pension funds are negotiating a new shareholder accord that would give Vale dispersed share...

  • SAO PAULO, Jan 19- Leading shareholders of Vale SA are close to endorsing a plan to turn the world's No. 1 iron ore producer into a company with dispersed share ownership within six years, two people familiar with the talks said. Bradespar SA, Mitsui& Co and several Brazilian pension funds are negotiating a new shareholder accord that would give Vale dispersed share...

  • BRASILIA, Jan 16- Brazil will increase a subsidized credit line available to farmers to prepare for the 2017-2018 crop by about one-fifth to 12 billion reais, President Michel Temer told Reuters on Monday. The new crop financing will allow Brazilian producers to purchase agricultural inputs such as seeds, fertilizers and pesticides at reduced interest rates...

  • BRASILIA, Jan 16- Brazilian car rental firm Movida Participações SA plans to sell shares in an initial public offering at between 8.9 reais and 11.3 reais, it said in a filing on Monday. Book building starts on Monday and ends on Feb. 6, and shares are expected to start trading in the Sao Paulo stock exchange on Feb. 8, according to the filing. Movida's IPO plan...

  • Sao Paulo skyline

    Brazil continues to deliver hefty returns on its stocks, even weathering a deep economic downturn.

  • SAO PAULO, Jan 12- The Brazilian government is drafting a decree to allow 100 percent foreign ownership of local airlines, a Transportation Ministry spokesperson said on Thursday, a move that could attract investors to a recession-beaten industry. Newspaper Valor Econômico, citing three unnamed aides to President Michel Temer, earlier on Thursday reported...

  • BRASILIA, Jan 11- Brazil surprised markets with a larger-than-expected interest rate cut on Wednesday, as the worst recession in Brazilian history threatens to stretch into a third year. In a unanimous vote, the central bank's nine-member monetary policy committee, known as Copom, decided to cut its benchmark Selic rate by 75 basis points to 13.00 percent after...

  • BRASILIA, Jan 11- Brazil surprised markets with a larger-than-expected interest rate cut on Wednesday, stepping up its monetary easing to revive an economy mired in its worst recession ever. In a unanimous vote, the central bank's nine-member monetary policy committee, known as Copom, decided to cut its benchmark Selic rate by 75 basis points to 13.00 percent...

  • People walk past an electronic board showing the graph of the recent fluctuations of market indices at the floor of Brazil's BM&F Bovespa Stock Market in downtown Sao Paulo, Brazil, May 9, 2016.

    Brazilian equities continued their climb higher on Monday, hitting their highest level in more than four years.

  • People in front of the Central Bank of Brazil in Brasilia protest against the payment of public debt by the government.

    Brazil cut interest rates for the first time in four years on Wednesday, opting for a modest 25 basis-point reduction to launch an easing cycle.

  • Brazil's former president Luiz Inacio Lula da Silva will stand trial on corruption charges, a crusading federal judge ruled on Tuesday.

  • Impeached President Dilma Rousseff delivers her farewell address in Alvorado Palace on August 31, 2016 in Brasilia, Brazil.

    The removal of Dilma Rousseff from the presidency of Brazil is unlikely to speed up the country’s recovery from a severe recession, economists say.

  • Impeached President Dilma Rousseff delivers her farewell address in Alvorado Palace on August 31, 2016 in Brasilia, Brazil.

    Brazil's Senate ousted President Dilma Rousseff on Wednesday, ending an impeachment process that polarized Latin America's biggest country.

  • Brazil Economy

    Brazil's new administration needs to do more on the fiscal policy front to help anchor inflation, says Roubini Global Economics's Rachel Ziemba.

  • Rousseff out in Brazil

    As expected, Brazilian President Dilma Rousseff has been removed from office by the Brazilian Senate. CNBC's Seema Mody reports.

  • Brazil's Rousseff removed from office

    Brazil's President Dilma Rousseff has been removed from office by Senate, CNBC's Michelle Caruso-Cabrera reports.

  • Roussseff impeachment likely to happen: Analyst

    Brazil is set for new leadership, says Benat Bilbao-Osorio, regional director for Latin America and the Caribbean at The Economist Intelligence Unit.

  • Corruption in Brazil is endemic: Political expert

    Jimena Blanco, head of Americas at Verisk Maplecroft, discusses Brazil's politics and the impeachment case against suspended President Dilma Rousseff.