Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity.» Read More
BRASILIA, Sept 17- Brazil's government will extend its " Minha Casa, Minha Vida" low-income housing program into 2015 and build another 350,000 units to boost the building industry, Finance Minister Guido Mantega said on Wednesday.
BRASILIA, Sept 17- The Brazilian government will expand the "Minha Casa, Minha Vida" low-income housing program by 350,000 units to be built in the first half of next year, Finance Minister Guido Mantega said on Wednesday.
BELO HORIZONTE/ SAO PAULO, Brazil, Sept 16- The handsome, accomplished grandson of one of Brazil's most beloved politicians, Aecio Neves has been preparing his whole life to be president, friends say. And that, paradoxically, best explains why he's languishing in Brazil's presidential election race.
BRASILIA, Sept 15- President Dilma Rousseff is running neck-and-neck with her main rival, Marina Silva, less than three weeks before Brazil's presidential election that will likely go down to the wire in a runoff, a poll published on Monday showed.
BRASILIA, Sept 15- Brazilian President Dilma Rousseff's leftist government, agreeing to industry lobby group demands less than a month before a contested election, announced tax benefits on Monday for manufacturing companies operating abroad or exporting goods.
SAO PAULO, Sept 12- Brazil's central bank will extend its currency intervention program into 2015 and may increase the rollover pace of expiring currency swaps to curb volatility in the real, a person on President Dilma Rousseff's economic team said on Friday.
NEW YORK, Sept 12- U.S.-listed shares of Brazilian companies were down sharply on Friday after an opinion poll showed Brazilian President Dilma Rousseff has narrowed the lead of her top challenger, Marina Silva, in a likely runoff race.
Since entering the race in mid-August, Silva has picked a pro-agriculture congressman as her running mate, met repeatedly with agribusiness leaders and campaigned in the farm belt, eager to make allies in an industry that accounts for a quarter of Brazil's economy. The fuel price controls have gutted Brazil's once-booming sugar cane ethanol industry.
BRASILIA, Sept 12- Brazilian President Dilma Rousseff has narrowed the lead of her top challenger, Marina Silva, to one percentage point in a potential runoff vote likely to follow the Oct. 5 presidential election, a new opinion poll by pollster Ibope showed on Friday.
BRASILIA, Sept 11- Marina Silva would push for large budget cuts and end a central bank foreign exchange program aimed at supporting the currency if she is elected Brazil's next president in October, a senior economic adviser told Reuters on Thursday.
BRASILIA, Sept 11- Brazilian presidential candidate Marina Silva would if elected push for large budget cuts and end a program supporting the currency in a bid to regain investor trust and revive the economy, a senior economic adviser told Reuters on Thursday.
BRASILIA, Sept 10- Brazilian President Dilma Rousseff has recovered support and would run a tight race with opposition candidate Marina Silva if October's election leads to a runoff vote, polls published on Wednesday showed.
BRASILIA, Sept 10- Brazilian President Dilma Rousseff has recovered support and is running neck-and-neck with environmentalist Marina Silva in a likely second-round runoff in the October election, a poll published on Wednesday showed. The poll was commissioned by weekly news magazine Carta Capital and published on its website.
BRASILIA, Sept 10- President Dilma Rousseff has recovered support and is running neck-and-neck with environmentalist Marina Silva in a likely second-round runoff in the October presidential election, a new poll published on Wednesday showed.
BRASILIA, Sept 9- Brazilian President Dilma Rousseff has recovered ground and would be tied in popular support with opposition politician Marina Silva in a runoff vote in October, a new poll showed on Tuesday, though a festering corruption scandal threatens to complicate Rousseff's re-election bid.
BRASILIA, Sept 9- The Brazilian central bank backtracked on Tuesday and decided not pursue a lawsuit against a market economist who said the bank was "incompetent" and "subservient" to President Dilma Rousseff.
BRASILIA, Sept 9- Brazil's President Dilma Rousseff has narrowed environmentalist Marina Silva's lead in a likely presidential election runoff in October, a new opinion poll showed on Tuesday, but a new political corruption scandal could hurt her re-election bid.
RIO DE JANEIRO, Sept 9- Moody's Investors Service on Tuesday said it may cut Brazil's credit rating in the next couple of years as the economy slows down, putting added pressure on whoever is elected president in October to change course on economic policy.
BRASILIA, Sept 9- Brazilian President Dilma Rousseff has narrowed environmentalist Marina Silva's lead in a likely second-round presidential election runoff in October to three percentage points from six points two weeks ago, a new opinion poll showed on Tuesday.
SAO PAULO, Sept 9- The streets of Jardim São Luis, a poor and violent neighborhood near the edge of São Paulo, have not been this quiet in years. After a decade of economic growth and welfare policies that lifted more than 30 million Brazilians out of poverty, Jardim São Luis and other tough neighborhoods across Brazil had high hopes for the future.