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  • BRASILIA, May 11- President Dilma Rousseff was expected to become Brazil's first leader in more than two decades to be removed from office as the Senate began a session on Wednesday that will vote on whether to try her for breaking budget rules. If her opponents garner a simple majority in the 81- seat Senate, Rousseff will be suspended for up to six months during...

  • BRASILIA, May 11- President Dilma Rousseff was expected to become Brazil's first leader in more than two decades to be removed from office when the Senate votes on Wednesday on whether to place her on trial for breaking budget rules. If her opponents garner a simple majority in the 81- seat Senate, Rousseff will be suspended for up to six months during her trial,...

  • Brazilian President Dilma Rousseff.

    Brazil's Senate will vote on Wednesday on whether to put President Dilma Rousseff on trial for breaking budget rules.

  • LONDON, May 11- Emerging stocks slipped on Wednesday, failing to build on the previous day's gains amid persistent doubts over economic growth, although Philippines shares extended a post-election rally to hit 8-1/ 2- month highs. Data showed Philippines exports fell for the 12th straight month, keeping a lid on the euphoria triggered by the election of...

  • BRASILIA, May 11- Brazil's Senate will vote on Wednesday on whether to put President Dilma Rousseff on trial for breaking budget rules, amid expectations she will become the country's first leader in more than two decades to be removed from office. With well over half of senators telling newspapers they will vote to try Rousseff, Brazil's first female leader is...

  • TOKYO, May 11- Asian stocks pulled away from eight-week lows on Wednesday, a day after solid corporate earnings sparked a rally in global equities while the yen struggled amid intervention warnings from Tokyo in the wake of the currency's rapid rise. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.4 percent in early trade, recovering from...

  • BRASILIA, May 10- Brazilian stocks and the real jumped on Tuesday as impeachment proceedings against leftist President Dilma Rousseff got back on track, fueling optimism that a new pro-market administration could take over on Thursday. On Tuesday, Attorney General Eduardo Cardozo, the government's top lawyer, asked the Supreme Court to annul impeachment...

  • BRASILIA, May 10- Brazilian President Dilma Rousseff took her battle to survive impeachment to the Supreme Court on Tuesday, in a last-ditch attempt to stay in office a day before the Senate will likely vote to try her for breaking budget laws. Attorney General Eduardo Cardozo, the government's top lawyer, asked the Supreme Court to annul impeachment...

  • *Global stock gauge paces to best day in 3 weeks. *Japan reiterates readiness to intervene on yen. NEW YORK, May 10- Stock markets around the world rallied on Tuesday, helped by solid corporate earnings reports and higher oil prices supporting energy shares, while the yen again retreated sharply against the dollar.

  • BRASILIA, May 10- Brazilian President Dilma Rousseff took her battle to survive impeachment to the Supreme Court on Tuesday, in a last-ditch attempt to stay in office a day before the Senate is expected to vote to try her for breaking budget laws. Speaker Eduardo Maranhao withdrew his surprise decision on Tuesday, following complaints that it was illegal,...

  • The Senate will vote on Wednesday whether to put Rousseff on trial for breaking budget laws. In a statement to the Senate, Maranhao did not cite any reason for backtracking on his decision to annul due to "procedural flaws" the lower house's April 17 vote. The vote had overwhelmingly recommended that the Senate try Rousseff.

  • Brazilian President Dilma Rousseff

    The acting Lower House Speaker annulled his previous day's action of calling off the impeachment vote against President Rousseff, saying it could go ahead.

  • Maranhao, in an official statement to the Senate, did not cite any reason for backtracking on his surprise announcement. On Monday, he cited "procedural flaws" in annulling the vote, which had overwhelmingly recommended the Senate try Rousseff for breaking budget laws. Senate President Renan Calheiros said on Monday that Maranhao was "playing with democracy" and...

  • LONDON, May 10- Emerging equities edged up on Tuesday, snapping a seven-day losing streak after moderate inflation data from China buoyed hopes of further monetary easing, while Turkish assets recouped more of last week's losses. The benchmark emerging equity index rose 0.17 percent, with gains across Asia and Europe after Chinese inflation was considered...

  • It's likely Dilma Rousseff will be impeached: Expert

    Jimena Blanco, head of Latin America at Verisk Maplecroft, explains the seriousness of the allegations against Brazil's President Dilma Rousseff.

  • BRASILIA, May 9- Brazil's Senate forged ahead with impeachment proceedings against President Dilma Rousseff on Monday, rejecting a surprise decision by the acting speaker of the lower house, who tried to annul a key vote just days before the president could be suspended from office. In a day of chaos and confusion, Senate leadership scrambled to get the process...

  • BRASILIA, May 9- Brazil's Senate pressed ahead with impeachment proceedings against President Dilma Rousseff on Monday, rejecting a surprise decision by the acting speaker of the lower house to annul a key vote in the process. The ruling by Senate head Renan Calheiros to push forward put the upper house at odds with the interim leader of the House of Deputies,...

  • BRASILIA, May 9- The impeachment process against Brazilian President Dilma Rousseff was annulled by the acting speaker of the lower house of Congress on Monday, but the stunning decision appeared likely to provide only a temporary reprieve for the leftist leader. Just days before the Senate was expected to put Rousseff on trial, Waldir Maranhao said there were...

  • NEW YORK, May 9- The yen tumbled against the U.S. dollar on Monday as Japan signalled it was ready to intervene in the currency market, while a drop in oil prices undercut stocks. Europe's broad stock index gained, supported by a 1.1- percent rise for Germany's DAX index amid positive news for the country's economy. "Today, really you're seeing just that...

  • SAO PAULO, May 9- Brazilian markets weakened on Monday after the acting lower house speaker in Brazil's Congress annulled an impeachment vote, though losses were pared as investors bet the move would delay rather than prevent leftist President Dilma Rousseff's removal from office. The country's benchmark Bovespa stock index slid 2 percent while the broader...