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Politics Dilma Rousseff

  • BRASILIA, Oct 18- A congressional committee voted 39-26 on Wednesday to reject charges against Brazilian President Michel Temer stemming from a corruption case involving the world's largest meatpacker. The full lower house of Brazil's Congress still must vote on the charges but is expected to shelve them next week, sparing Temer from trial by the Supreme...

  • BRASILIA, Oct 11- Brazil's federal audit court on Wednesday ordered a freeze of former President Dilma Rousseff's assets as well as those of José Sérgio Gabrielli, ex-head of state-run oil company Petrobras, over a $580 million loss in the 2006 purchase of a Texas refinery. The order also covered former Finance Minister Antonio Palocci and three members of...

  • SAO PAULO, Oct 6- Further weakness in the Mexican peso is no longer a sure bet after a two-month selloff drove the currency to three-month lows, the latest Reuters poll of market strategists showed, although other Latin American currencies are expected to fall. Uncertainty over the currency's path looms large, with forecasts more spread out than in previous...

  • BRASILIA, Oct 4- Brazil's Finance Minister Henrique Meirelles has hired social media experts to boost his image ahead of the 2018 election, three sources told Reuters on Wednesday, the strongest sign yet that the former banker is seriously eyeing a run for president. Meirelles hired analysts linked to the Getúlio Vargas Foundation think tank to study his...

  • RIO DE JANEIRO, Sept 27- Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday, winning 10 blocks in the country's 14th round of bidding for oil exploration and production rights, helping the cash-strapped nation fetch a record 3.8 billion reais. That was Brazil's highest-ever such bid. The U.S. company prior to the auction was among the few oil...

  • RIO DE JANEIRO, Sept 27- Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday, winning a total of eight offshore blocks in the country's 14th oil bidding round, helping the cash-strapped nation to fetch a record 3.8 billion reais. That was Brazil's highest-ever such bid. The positive results came as a surprise, after Brazil's oil regulator ANP...

  • SAO PAULO, Sept 19- Approval for Brazilian President Michel Temer's government has plummeted, according to a poll published on Tuesday, as the scandal-plagued leader faces new corruption charges and struggles to push his economic reform agenda through Congress. Temer took over a year ago from impeached leftist Dilma Rousseff and has said he does not care...

  • BRASILIA/ SAO PAULO, Sept 12- Brazil's federal police suspect that President Michel Temer, alongside a group of close aides from his party, participated in illicit acts that rendered him up to 31.5 million reais in advantages and other perks. The report was sent to the Federal Supreme Court, the only court with the authority to investigate a sitting president.

  • SAO PAULO, Sept 12- Brazil's federal police suspect that President Michel Temer, alongside a group of close aides from his party, participated in illicit acts that rendered him up to 31.5 million reais in advantages, according to a police report on Monday. The police sent the report to the Federal Supreme Court, the only court with the authority to investigate a...

  • BRASILIA, Sept 8- Brazil's top prosecutor on Friday charged six lawmakers from President Michel Temer's Brazilian Democracy Movement Party with forming a criminal organization, the latest in a barrage of charges in the country's sprawling corruption scandal. Those accused by prosecutor Rodrigo Janot in a filing with the Supreme Court include former...

  • BRASILIA, Sept 8- Brazil's top prosecutor on Friday charged six lawmakers from President Michel Temer's Brazilian Democracy Movement Party with forming a criminal organization, the latest in a barrage of charges in Brazil's sprawling corruption scandal. Those accused by Rodrigo Janot in a filing with the Supreme Court include former senator and president...

  • BRASILIA, Sept 6- The former finance minister under Brazil's Luiz Inacio Lula da Silva on Wednesday accused the ex-president of receiving bribes from contractor Odebrecht, adding to a list of corruption accusations that threaten Lula's ability to run for president in 2018.. Lawyers for the former finance minister, Antonio Palocci, said he told prosecutors...

  • BRASILIA, Sept 6- The former finance minister under Brazil's Luiz Inacio Lula da Silva on Wednesday accused the ex-president of receiving bribes from contractor Odebrecht, adding to a list of corruption accusations that threaten Lula's ability to run in 2018.. Lawyers for former Finance Minister Antonio Palocci said he told prosecutors that Lula accepted...

  • BRASILIA, Aug 30- The World Trade Organization announced on Wednesday that it was giving Brazil 90 days to withdraw a wide range of industrial stimulus programs, supporting complaints by Japan and the European Union over unfair competition. During the appeal process, the EU and Japan cannot implement retaliatory measures if Brazil does not comply in...

  • BRASILIA, Aug 29- A widely expected World Trade Organization ruling against industrial subsidies in Brazil will likely embolden the government's push toward free-market policies and reduce the role of the cash-strapped state in Latin America's largest economy. Brazilian officials have already begun discussing how to phase out the interventionist...

  • SAO PAULO, Aug 29- Brazil's economic growth likely slowed to a near halt in the second quarter, a Reuters poll of economists showed on Tuesday, although a pickup in consumer spending suggested a recovery from the worst recession in over 100 years is on track. Brazil's gross domestic product probably grew just 0.1 percent in the quarter from the first three months...

  • SAO PAULO, Aug 22- Cesar Mata Pires, the owner and co-founder of Brazilian engineering conglomerate OAS SA, one of the largest companies involved in Brazil's corruption scandal, died on Tuesday. The son of a wealthy cattle rancher in the northeastern state of Bahia, Mata Pires' links to politicians were central to the expansion of OAS, which became Brazil's No. 4...

  • SAO PAULO/ BRASILIA, Aug 21- Brazil on Monday floated a proposal to cede control of the country's biggest power utility, Eletrobras, in the boldest privatization yet by a government struggling to close a record budget deficit, sending Eletrobras' shares soaring in after-market trading. The Mining and Energy Ministry gave Centrais Elétricas Brasileiras SA, the...

  • BRASILIA, Aug 15- Brazil's government loosened its budget targets for all years through 2020 on Tuesday, delaying prospects for a drop in the federal deficit after legislators repeatedly refused to raise taxes in the recession-hit economy. Ratings agency Standard& Poor's spared Brazil from a downgrade, saying after the announcement that it would maintain...

  • BRASILIA, Aug 14- Brazil's government delayed the announcement of looser budget targets for 2017 and 2018, previously expected for Monday, as authorities struggled to estimate revenues given strong opposition in Congress to tax hikes, five sources told Reuters. Members of Temer's economic team, including Finance Minister Henrique Meirelles, previously...