Politics Dilma Rousseff

More

  • BRASILIA, May 12- Brazil's incoming interim President Michel Temer will seek to undertake pension reform as one the first measures of his government to reduce the country's mounting debt burden and regain investors' trust, one of his top advisers told Reuters on Thursday. Centrist Temer was due to take the helm of the country later on Thursday, hours after the...

  • Wall Street, where a sharp fall on Wednesday set the gloomy tone in Asia, was set to open higher, according to index futures. Germany's Dax index gained 0.6 percent and Britain's FTSE 100 added 0.4 percent. Earlier, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.4 percent, moving back toward a two-month low touched on Tuesday.

  • BRASILIA, May 12- Brazil's Senate voted on Thursday to put leftist President Dilma Rousseff on trial in a historic decision brought on by a deep recession and a corruption scandal that will now confront her successor, Vice President Michel Temer. The 55-22 vote ends more than 13 years of rule by the left-wing Workers Party, which rose from Brazil's labor movement...

  • May 12- BlackRock Inc is among major asset managers that had been raising their bets on Brazil even before President Dilma Rousseff was suspended from office on Thursday, but many investors are wary about the long-term recovery prospects of Latin America's largest economy. In its Latin America Fund, BlackRock, the world's largest asset manager, has made what...

  • BRASILIA, May 12- Brazil's interim President Michel Temer will announce on Thursday measures to rebalance depleted fiscal accounts and generate new jobs in a country mired in its worst recession in decades, one of his top advisers told Reuters. Temer will take office on Thursday after the Senate voted to suspend President Dilma Rousseff for up to six months to...

  • LONDON, May 12- Brazil's real firmed against the dollar on Thursday as its Senate voted to suspend President Dilma Rousseff pending trial, but emerging equities traded flat as investors awaited fresh impetus for the fading rally. Brazilian assets have risen to near their 2016 highs this week in anticipation of the Senate voting to put Rousseff on trial for...

  • Impeachment trial awaits Brazil's President Rousseff

    The "Squawk Box" crew discusses Brazil's Senate vote to impeach President Dilma Rousseff for using fiscal tricks to manage the federal budget. Rousseff denies any wrongdoing and will be suspended for 180 days during the trial.

  • BRASILIA, May 12- Brazil's Senate voted on Thursday to put leftist President Dilma Rousseff on trial in a historic decision brought on by a deep recession and a corruption scandal that will now confront Michel Temer, the vice president who succeeds her. The 55-22 vote ends more than 13 years of rule by the left-wing Workers Party, which rose from Brazil's labor...

  • Brazil President Dilma Rousseff

    It's official, Brazil's Senate votes in favor of putting President Dilma Rousseff on trial for breaking budget laws.

  • LONDON, May 12- European shares followed Asian stocks lower on Thursday, hit by sharp falls on Wall Street the previous day, while German government bond yields hit one-month lows as investors sought shelter in low-risk debt. Germany's Dax index fell by 0.4 percent while Britain's FTSE 100 lost 0.5 percent. MSCI's broadest index of Asia-Pacific shares outside...

  • BRASILIA, May 12- A majority of Brazil's Senate indicated on Thursday it will vote to put President Dilma Rousseff on trial for breaking budget laws, signalling the end of 13 years of rule by the country's leftist Workers Party. In a marathon session of speeches, 41 of the 81 senators in Latin America's largest nation had indicated by the early hours of Thursday...

  • Dilma Rousseff will probably be ousted: Researcher

    Marcos Casarin, head of LatAm macro research at Oxford Economics, says markets are in a euphoria mode over the likelihood of Rousseff's impeachment.

  • BRASILIA, May 11- Supporters of Brazilian President Dilma Rousseff clashed with police outside the Senate on Wednesday ahead of a vote to put her on trial for breaking budget laws, that would mark the end of 13 years of leftist rule in Latin America's biggest country. If her opponents garner a simple majority in the 81- seat Senate, in a session that will last late...

  • BRASILIA, May 11- The Supreme Court rebuffed a last-ditch bid by President Dilma Rousseff to halt a vote in the Senate on Wednesday that is expected to put her on trial for breaking budget laws and end 13 years of leftist rule in Latin America's biggest country. If her opponents garner a simple majority in the 81- seat Senate in a session that will last late into the...

  • BRASILIA, May 11- Brazil's worst recession in decades may be close to bottoming out as Vice President Michel Temer prepares to assume power with a market-friendly agenda and broad support to end a political crisis that has paralyzed the government for months. Brazil, once one of the darlings of the emerging markets, will see its GDP shrink 3.9 percent this year...

  • BRASILIA, May 11- The Supreme Court rebuffed a last-ditch bid by President Dilma Rousseff to halt a vote in the Senate on Wednesday that is expected to put her on trial for breaking budget laws and end 13 years of leftist rule in Latin America's biggest country. If her opponents garner a simple majority in the 81- seat Senate in a session that will last late into the...

  • BRASILIA, May 11- Henrique Meirelles, the man tipped to be Brazil's next finance minister, will draw on his stellar reputation as central bank governor between 2003 and 2010, when the economy boomed, to revive investors' confidence in Latin America's ailing giant. Temer will take the helm of an interim government on Thursday if, as expected, the Senate votes to put...

  • BRASILIA, May 11- The Brazilian Senate was expected to suspend President Dilma Rousseff on Wednesday in a vote to put her on trial for breaking budget laws, pushing a deeply unpopular leader from power and ending 13 years of rule by her leftist Workers Party. If her opponents garner a simple majority in the 81- seat Senate in a session that will last into the night,...

  • BRASILIA, May 11- Brazil's Vice President Michel Temer could wait until June to appoint a new central bank chief if he takes over the reins of power this week, as part of a gradual transition to replace the bank's eight-member board, his spokesman said on Wednesday. Temer will replace President Dilma Rousseff if the Senate votes, as expected, to suspend her on...

  • If her opponents garner a simple majority in the 81- seat Senate in a session that will last into the night, Rousseff will be replaced on Thursday by Vice President Michel Temer as acting president for up to six months during the trial. With much of the nation following the momentous session live on television, the Senate began debating the impeachment trial in...