Politics Dilma Rousseff

  • BRASILIA, June 10- Brazil's Dilma Rousseff said she would call a referendum on holding early elections if she is reinstated as president, an offer analysts saw as a bid to sway undecided senators to help clear her in an impeachment trial. If Rousseff survives the Senate trial, expected to conclude in August, the Constitution would provide for her to serve out her...

  • SAO PAULO, June 10- The group representing securities brokerages in Brazil wants the central bank to ease limits on the type of financial services they can offer, as they struggle to find fresh revenues amid a tumble in capital markets activity, a senior executive said. Those transactions include the payment and settlement of credit card bills and of monthly tax...

  • BRASILIA, June 10- Brazil's suspended President Dilma Rousseff is calling for a referendum on whether to hold early elections if she survives removal from office in an impeachment trial that is expected to conclude in August. Rousseff's supporters have questioned the legitimacy of her suspension during the Senate trial and replacement by Vice President...

  • A security guard keeps watch at the entrance to Olympic Park, the primary set of venues being built for the Rio 2016 Olympic Games.

    Brazil is considering an emergency loan to Rio as it prepares to host the Olympics, according to two senior government officials.

  • BRASILIA, June 8- Brazil held interest rates steady for the seventh straight time on Wednesday, resisting pressure to slash borrowing costs amid a recession as inflation remains near double digits. The nomination of the MIT- trained economist was confirmed by the Senate on Tuesday but he did not participate in the Copom meeting. "It was what we expected, given the...

  • BRASILIA, June 8- Brazil held interest rates steady for the seventh straight time on Wednesday, resisting pressure to slash borrowing costs amid a recession as inflation remains near double digits. In a unanimous vote, the central bank's monetary policy committee, known as Copom, decided at its last meeting led by governor Alexandre Tombini to keep its...

  • SAO PAULO, June 8- Whirlpool Corp will soon open its first Argentine factory in 14 years, with plans for two more production lines within five years, the company's chief Latin America executive said on Wednesday, saying conditions there were better than in his native Brazil. The plans laid out by Whirlpool's regional head Joao Carlos Brega underscored...

  • SAO PAULO, June 8- Whirlpool Corp will soon open its first Argentine factory in 14 years, with plans for two more within five years, the company's chief Latin America executive said on Wednesday, saying conditions there were better than in his native Brazil. The plans laid out by Whirlpool's regional head Joao Carlos Brega underscored Argentina's rising allure...

  • RIO DE JANEIRO, June 8- Brazilian mining company Vale SA said on Wednesday there have been no attempts within the company to remove Chief Executive Murilo Ferreira, responding to local media reports that his job was under threat. Valor Economico reported last week that the new government of Interim President Michel Temer was looking to oust Ferreira because he...

  • BRASILIA, June 8- More than a quarter of Brazilians view interim President Michel Temer's government negatively and a majority want new elections this year, according to a poll on Wednesday that suggested scandals and policy reversals had dented his popularity. Temer's government, which began on May 12 when Brazil's Senate suspended leftist President Dilma...

  • BRASILIA, June 8- Brazil's central bank will likely keep interest rates on hold for the seventh straight time on Wednesday, resisting pressure to lower borrowing costs amid a recession as inflation remains well above its official target. At his Senate confirmation hearing on Tuesday, Goldfajn said the new government needs to create the conditions for...

  • BRASILIA, June 8- Brazil's central bank will likely keep interest rates on hold for the seventh straight time on Wednesday, resisting pressure to lower borrowing costs amid a recession as inflation remains well above its official target. Interim President Michel Temer, who took over from President Dilma Rousseff as she stands trial for allegedly breaking...

  • BRASILIA, June 7- Brazil's top prosecutor is seeking the arrests of the Senate leader and other senior ruling party politicians for allegedly trying to obstruct a corruption probe, threatening to undermine President Michel Temer's interim government, O Globo reported on Tuesday. Those targeted are Senate President Renan Calheiros, Senator Romero Jucá, the...

  • RIO DE JANEIRO, June 4- Brazil's energy ministry said on Saturday it backed full independence for Petrobras to set domestic fuel prices, blaming past controls for saddling the state-controlled oil company with crippling debt that is the oil industry's largest. Coelho was appointed in May when Interim-President Michel Temer took over from suspended...

  • The head of the Organization of American States, that Venezuela views as a pawn of U.S. policy, this week called for an emergency meeting to discuss a possible censure of the country for violating democratic norms. Meanwhile on Thursday a senior Brazilian official said Brazil may help block Venezuela from taking the rotating presidency of the Mercosur trade...

  • The head of the Organization of American States, that Venezuela views as a pawn of U.S. policy, this week called for an emergency meeting to discuss a possible censure of the country for violating democratic norms. Meanwhile on Thursday a senior Brazilian official said Brazil may help block Venezuela from taking the rotating presidency of the Mercosur trade...

  • BRASILIA, June 3- Brazil's central bank will probably keep interest rates at their highest in nearly 10 years, a Reuters poll showed, at what is set to be the last meeting before appointed chief Ilan Goldfajn takes over to start a potentially long cycle of rate cuts. The central bank was included in a broad cabinet reshuffle by interim President Michel Temer, who...

  • SAO PAULO, June 3- Latin American stocks and currencies jumped on Thursday after U.S. job creation slowed sharply, allaying fears of a Federal Reserve rate hike as soon as this month. Comments by Fed officials including Chair Janet Yellen had led some traders to bet the U.S. central bank could take action at its June 14-15 policy meeting. The Fed could also delay the...

  • *Fuel price policy to be set by and for Petrobras- CEO. RIO DE JANEIRO, June 2- Pedro Parente kicked off his first day as chief executive of Brazilian state oil company Petrobras on Thursday by vowing change as he attacked the way the company has been run, noting corruption, heavy debt and government control of fuel prices. He said Petroleo Brasileiro SA, as the company...

  • BRASILIA, June 2- Finance Minister Henrique Meirelles said on Thursday that Congress has signaled it is willing to approve tough measures to control spending, as Brazil fights to emerge from its worst recession since the 1930 s. "I have received favorable signals from Congress, which has the will to tackle this structural problem." Temer, who has replaced...