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Dilma Rousseff

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  • Long-term investors ready to buy Brazil after election Friday, 17 Oct 2014 | 10:35 AM ET

    RIO DE JANEIRO/ SAO PAULO, Oct 17- Long-term foreign investors are growing more optimistic about Brazil no matter who wins this month's presidential election but they say an opposition victory could unleash a flood of new money. Rousseff's economic policies have been roundly criticized by investors for tipping Brazil into a recession while damaging...

  • SAO PAULO, Oct 16- A late injection of campaign cash is helping business-friendly opposition candidate Aecio Neves push Brazil's presidential runoff against incumbent Dilma Rousseff down to the wire, eroding her huge fundraising advantage. Neves has already won over many investors and business leaders with promises to restore fiscal discipline, clamp...

  • BRASILIA, Oct 15- Aecio Neves would scrap a "failed" economic model and restore the pillars of Brazil's economy to overcome slow growth and high inflation if he wins the presidency this month, the candidate's pick for finance minister told Reuters on Wednesday. Neves, a centrist who has promised to rescue Brazil from recession, is running neck-and-neck with...

  • BRASILIA, Oct 15- Brazilian presidential candidate Aecio Neves will end a central bank currency swap program that has cushioned losses in the country's currency, the real, if he is elected later this month, Neves's choice for finance minister, Arminio Fraga, told Reuters on Wednesday. Neves, a centrist who has promised to rescue the economy from recession, is...

  • SAO PAULO, Oct 15- Brazil's economy has stagnated and will remain weak well into 2015 but its big private-sector banks are poised to safely weather the downturn thanks to a cautious business model that keeps a lid on risky lending and costs. All of those problems typically drag on bank earnings, but giants like Ita├║ Unibanco Holding SA, Banco Bradesco SA and...

  • *Wall Street stocks tumble for third straight session. NEW YORK, Oct 13- Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year after comments from Federal Reserve officials hinted at delays in expected interest rate hikes. "There's been a lot of focus on breaking...

  • *Trade data eases worries over China slowdown. Stronger-than-expected data out of China gave the bulls some respite, but traders remained cautious after numbers out of China and Germany last week pointed to a global slowdown. "The fact we broke 1,900 on the S&P, the 200- day moving average, if we don't close above there today, that means the trip to lower levels is...

  • SAO PAULO, Oct 13- Shares of Brazilian state-run companies skyrocketed on Monday as investors saw a higher likelihood of challenger Aecio Neves defeating President Dilma Rousseff in this month's election. Preferred shares of Petroleo Brasileiro SA, the oil producer known as Petrobras, soared about 11.5 percent and were on track to close with their biggest...

  • *Trade data eases worries over China slowdown. Stronger-than-expected data out of China gave the bulls some respite, but traders remained cautious after numbers out of China and Germany last week pointed to a global slowdown. "It seems like the market's sort of jogging," Stephen Carl, principal and head of U.S. equity trading at The Williams Capital Group in New...

  • SAO PAULO, Oct 13- Under pressure in Brazil's closest election race in decades, President Dilma Rousseff is centering her campaign around a familiar bogeyman- an 83- year-old former president associated with a more turbulent, elitist era. In numerous TV ads and speeches, Rousseff has warned that a vote for her opponent in the Oct. 26 runoff vote, centrist Senator...

  • SAO PAULO, Oct 12- Business-friendly opposition candidate Aecio Neves received a crucial boost in Brazil's presidential election race on Sunday with the endorsement of popular environmentalist Marina Silva two weeks before his runoff against incumbent Dilma Rousseff. He needs the support of most of Silva's supporters if he is to defeat the leftist...

  • WASHINGTON, Oct 10- Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday. "We are keen to move back to a broader, more open approach to foreign policy," Arminio Fraga, a former...

  • WASHINGTON, Oct 10- Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday. "We are keen to move back to a broader, more open approach to foreign policy," Arminio Fraga, a former...

  • BRASILIA, Oct 9- Pro-business opposition candidate Aecio Neves has gained support and is running neck-and-neck with leftist President Dilma Rousseff ahead of Brazil's Oct. 26 presidential runoff, two polls showed on Thursday. The polls were the first by Brazil's two major polling firms since Sunday's first-round vote in which Rousseff won 41.6 percent of...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she will wait for political pledges from pro-business opposition candidate Aecio Neves before backing him in the Oct. 26 runoff to Brazil's presidential election. An endorsement from Silva, who finished third in the election's first round on Sunday with 22 million votes, would increase Neves'...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she is still waiting for "answers" on political commitments she is seeking from pro-business candidate Aecio Neves before endorsing him in the Oct. 26 runoff to Brazil's presidential election. "We hope Neves embraces the idea of political renewal," Feldman told reporters at the meeting at the...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she is still waiting for "answers" on political commitments she is seeking from pro-business candidate Aecio Neves before endorsing him in the Oct. 26 runoff to Brazil's presidential election. In a statement to parties that backed her unsuccessful presidential bid, Silva said Neves' commitments...

  • BRASILIA/ RIO DE JANEIRO, Oct 8- Brazil's annual inflation rate in September shot way above an official target to its highest in nearly three years, the latest economic blow for President Dilma Rousseff who is locked in a tight race for re-election against market-favorite Aecio Neves. Brazil has slipped into recession in the first half of the year and will barely...

  • BRASILIA, Oct 8- Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff. Meat prices rose sharply after Russia stepped up imports of Brazilian beef, chicken and pork.

  • SAO PAULO/ BRASILIA, Oct 7- President Dilma Rousseff's strategy of slamming bankers and playing up class divisions may give her the edge in this month's election but it further strains relations with business leaders just as Brazil's stagnant economy badly needs fresh investment. The leftist incumbent, who led the first round of voting on Sunday and now faces...