Dilma Rousseff
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At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.
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SAO PAULO, April 4- She's one of the world's most popular presidents with an approval rating that is the envy of her peers in richer countries struggling with debt crises and political deadlock- 79 percent and rising. And yet, it's entirely possible that Dilma Rousseff could fail to win re-election as president of Brazil in October 2014.
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SAO PAULO, April 4- Automobile production in Brazil rose slightly in March but sales continued to lag compared with a year earlier, underscoring a fragile market that prompted the government to extend tax breaks on car and truck sales through the end of the year.
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BRASILIA, March 30- The Brazilian government postponed until next year increases in taxes on the sale of cars and trucks in a bid to stimulate demand for manufactured goods and spur economic growth, the Finance Ministry said on Saturday.
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*Deal should help German company grow outside Europe. *Batista lost about $20 bln of his fortune last year. SAO PAULO, March 28- Eike Batista, who lost the title of Brazil's richest man as his fortune shrank by two-thirds in the past year, agreed to sell a stake in power company MPX Energia SA to Germany's E.ON SE for about 2.1 billion reais.
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SAO PAULO, March 27- Ratings agency Fitch warned Brazil on Wednesday that weak economic growth and looser budget policies could delay any upgrades of the country's sovereign credit rating. It noted that Brazil's debt-to-GDP ratio and interest payments are above the median of other countries with the same rating.
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SAO PAULO, March 22- Brazil's inflation rose slightly less than expected in the month to mid-March, reinforcing bets that the central bank could wait until at least May to start raising interest rates. Brazil's benchmark IPCA-15 price index rose 0.49 percent, slowing from a 0.68 percent advance in the month to mid-February, statistics agency IBGE said on Friday.
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SAO PAULO, March 22- Brazil's inflation rose slightly less than expected in the month to mid-March, reinforcing bets that the central bank could wait until at least May to start raising interest rates. Brazil's benchmark IPCA-15 price index rose 0.49 percent, slowing from a 0.68 percent advance in the month to mid-February, statistics agency IBGE said on Friday.
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**Greece's Piraeus Bank struck a deal on Friday to take over the Greek branches of Cyprus's troubled banks in what a source close to the matter said involved the transfer of 17 billion euros of loans and 14 billion euros of deposits.
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**Private equity firms are joining forces in the auction of BMC Software Inc, four people familiar with the matter said, making it more likely that the business software maker will be taken private in a deal that will top $6 billion.
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* "Maduro win would be best"- Brazil's foreign trade lobby. Over the past decade, Brazil's exports to Venezuela soared by 533 percent to some $5 billion, making it Brazil's second largest market in Latin America after Argentina, both major buyers of Brazilian manufactured goods. Economists say Brazil's investments in Venezuela are around $20 billion.
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SAO PAULO, March 20- With interest rates set to rise in Brazil, stocks should drop in coming months as investors flock to more lucrative bonds, right?
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BRASILIA, March 19- The Brazilian economy is hardly growing and inflation is rearing its head, but President Dilma Rousseff's popularity continues to climb to new highs. The personal approval rating of Brazil's first woman president rose to 79 percent in March from 78 percent in December, according to a CNI/Ibope opinion poll released on Tuesday.
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BRASILIA, March 19- The Brazilian economy is hardly growing and inflation is rearing its head, but President Dilma Rousseff's popularity continues to climb to new highs. The personal approval rating of Brazil's first woman president rose to 79 percent in March from 78 percent in December, according to a CNI/Ibope opinion poll released on Tuesday.
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BRASILIA/ RIO DE JANEIRO, March 15- Brazil's main oil-producing states asked their country's Supreme Court on Friday to overturn a new law that strips them of billions of dollars in royalties levied on the output of rich offshore oil fields.
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BRASILIA/ RIO DE JANEIRO, March 15- Brazil's main oil-producing states asked their country's Supreme Court on Friday to overturn a new law that strips them of billions of dollars in royalties levied on the output of rich offshore oil fields.
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*Brazil's non-oil states dominate in congress. BRASILIA, March 14- Brazil's President Dilma Rousseff signed into law on Thursday a bill stripping oil-producing states of billions in royalty earnings to share them with non-producing regions, but a legal challenge is expected to the hotly-contested change.
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BRASILIA, March 14- President Dilma Rousseff's government plans to extend payroll tax exemptions to all Brazilian manufacturing industries to boost investment and growth in a stagnant economy, Trade and Industry Minister Fernando Pimentel said on Thursday.
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*Must be approved by President Dilma Rousseff. BRASILIA, March 12- Brazil's national congress belatedly approved a 2.3 trillion reais budget for 2013 on Tuesday, after a dispute over the distribution of royalties from oil production delayed the vote for weeks.
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CARACAS, March 11- Hugo Chavez's exit from the world stage may take the sting out of an ideological battle that has enveloped Latin America since a new batch of leftists started taking power about 15 years ago to challenge U.S. "
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RIO DE JANEIRO, March 8- Brazilian oil-producing states retaliated on Friday against multibillion-dollar cuts made by Congress to their oil royalties with a wave of protests and threats to cut off most of the country's oil output.