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Dilma Rousseff

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  • BRASILIA, Feb 26- Brazil slowed the pace of monetary tightening on Wednesday, signaling it may be near the end of a rate-hiking cycle that threatened to tip Latin America's largest economy into a recession. The central bank is signaling that it is ready to end the cycle, "said Andre Perfeito, chief economist at Gradual Investimentos in Sao Paulo.

  • BRASILIA, Feb 26- Brazil raised interest rates by 25 basis points to 10.75 percent on Wednesday, taking advantage of a reprieve in inflation to slow the pace of monetary tightening and avoid smothering an economy close to recession.

  • Hackers target Brazil's World Cup for cyber attacks Wednesday, 26 Feb 2014 | 10:58 AM ET

    SAO PAULO, Feb 26- Brazilian hackers are threatening to disrupt the World Cup with attacks ranging from jamming websites to data theft, adding cyber warfare to the list of challenges for a competition already marred by protests, delays and overspending.

  • BRASILIA, Feb 26- Brazil will likely raise interest rates for the eighth straight time on Wednesday but slow the pace of monetary tightening as inflation eases and Latin America's largest economy flirts with recession. A smaller rate hike would be a relief to Rousseff, who has watched Brazil's economy slow to a crawl since taking office in January 2011.

  • BRASILIA, Feb 26- Brazil will likely raise interest rates for the eighth straight time on Wednesday but slow the pace of monetary tightening as inflation eases and Latin America's largest economy flirts with recession. A smaller rate hike would be a relief to Rousseff, who has watched Brazil's economy slow to a crawl since taking office in January 2011.

  • RIO DE JANEIRO/ LONDON, Feb 25- Brazil's real on Tuesday gained for a fifth session in a row as investors turned less pessimistic on the country's fiscal prospects, but Turkey's lira hit a two-week low versus the dollar after the latest twist in a government corruption scandal.

  • *Cosan's Rumo would name most of the board, have control. The planned takeover, which Cosan officials expect ALL's board and shareholders to approve, would create a new logistical giant in a country where access to cheap transportation infrastructure comes at a premium.

  • SAO PAULO, Feb 24- Deutsche Bank AG agreed on Monday to pay $20 million to settle charges in Brazil that Europe's largest investment bank by revenue helped manage funds embezzled by former city of São Paulo officials in the 1990 s, a prosecutor said on Monday.

  • RIO DE JANEIRO, Feb 24- Moody's Investors Service expects Brazil's credit ratings to suffer in 2015 if the next government does not make major policy changes to regain market confidence and ensure a decline in the country's debt burden.

  • SAO PAULO/ LONDON, Feb 24- Ukraine's dollar bonds rallimed on Monday on expectations the heavily indebted nation would receive aid from Western donors, while recovering investor sentiment helped Brazil's currency reach its strongest level in a month.

  • *Cable between Portugal and Brazil could cost $185 mln. BRUSSELS, Feb 24- Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.

  • BRASILIA, Feb 20- Brazil set a more modest fiscal savings target for 2014 on Thursday in a bid to recover investors' credibility, but economists remain skeptical that President Dilma Rousseff will be able to deliver in an election year.

  • NEW YORK/ LONDON, Feb 20- The Brazilian real gained 1 percent on Thursday after the country set a more modest and possibly more realistic fiscal savings target for 2014, while Ukraine's debt insurance costs rose to their highest since December 2009 on escalating conflict.

  • BRASILIA, Feb 20- Brazil set a more modest fiscal savings target for 2014 on Thursday in a bid to recover investors' credibility, but markets remain skeptical that President Dilma Rousseff will be able to deliver in an election year.

  • LONDON, Feb 14- Political risks in emerging markets are on the rise, with investors growing fearful of the potential fallout on business from this year's packed election calendar in the developing world.

  • WASHINGTON, Feb 13- Boeing Co is mounting a last-ditch campaign to convince U.S. lawmakers to buy more fighter jets and stave off a shutdown of a St. Louis production line after the U.S. Navy failed to fund the jets.

  • SAO PAULO, Feb 13- Brazilian retail sales dropped unexpectedly in December, ending the weakest year in a decade as persistent inflation and eroding consumer confidence sapped one of the few drivers of growth in Latin America's largest economy.

  • CABROBO, Brazil, Feb 10- In 2006, then President Luiz Inacio Lula de Silva, a native of Brazil's historically drought-plagued northeast, pushed through an idea that long-suffering residents of the region had been hearing about for more than a century.

  • BRASILIA, Feb 6- A new U.S. farm bill that reduces subsidies for cotton growers may stop Brazil from immediately slapping $830 million in trade sanctions on Washington. Brazil won a challenge against U.S. cotton subsidies at the World Trade Organization in 2004 giving it the right to impose $830 million in sanctions against U.S. products.

  • BRASILIA, Feb 5- A Cuban doctor working in Brazil sought asylum on Wednesday complaining that Cuba's communist government takes too big a slice of her pay, authorities said.