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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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.
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SAO PAULO/ BRASILIA, March 8- Brazil said on Friday it will scrap federal taxes on certain food staples and toiletries, the latest in a series of measures to curb prices after a surprise jump in inflation in February triggered alarm bells.
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*Brazil's currency hits strongest level since May. Brazil's benchmark IPCA consumer price index rose 0.60 percent in February, statistics agency IBGE said on Friday, above all 39 forecasts in a Reuters poll.
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RIO DE JANEIRO, March 8- Brazilian oil-producing states retaliated on Friday against multi-billion-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.
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* "He was invincible," Raul Castro says. CARACAS, March 8- From Iran's Mahmoud Ahmadinejad to Cuba's Raul Castro, about 30 heads of state joined Friday's funeral of Hugo Chavez in a last goodbye to the charismatic but divisive Venezuelan leader who changed the face of politics in South America.
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* "He was invincible," Raul Castro says. CARACAS, March 8- From Iran's Mahmoud Ahmadinejad to Cuba's Raul Castro, about 30 heads of state joined Friday's funeral of Hugo Chavez in a last goodbye to the charismatic but divisive Venezuelan leader who changed the face of politics in South America.
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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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* "He was invincible," Raul Castro says. CARACAS, March 8- 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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*Rio de Janeiro government suspends payments in protest. *Main oil producing states appeal to Supreme Court.
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BRASILIA, March 7- Brazil's Congress has overturned a presidential veto of a controversial oil and natural gas royalty bill, stripping billions of dollars in revenue from producing states, which have threatened to contest the bill in the courts.
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*Brazil keeps benchmark Selic rate at 7.25 pct. BRASILIA, March 6- Brazil's central bank held its benchmark interest rate steady at an all-time low of 7.25 percent on Wednesday, but signaled that policymakers are ready to hike rates again to rein in high inflation in Latin America's largest economy.
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WASHINGTON, March 5- Venezuelan President Hugo Chavez died on Tuesday after a two-year battle with cancer, ending 14 years of divisive rule. Secretary-General Ban Ki- moon offered his "deepest condolences" to the people of Venezuela.
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HSBC's Purchasing Managers Index for the Brazilian services sector dropped to 52.1 in February from 54.5 in January on a seasonally adjusted basis. The Composite Output Index, which includes both the services sector and manufacturing data, also fell to 52.9 from 54.9 in February, HSBC said.
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*Latin America buyouts reached $7.9 billion last year. SAO PAULO, March 5- Buyout and venture capital firms spent $7.9 billion purchasing companies in Latin America last year after heavy fundraising during the prior two years gave them enough capital to buy targets in the consumer, financial and education sectors, according to a private-equity association.
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SAO PAULO, March 5- Two decades ago, two rivals offered competing visions for the future of Latin America's biggest democracy.