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Politics Dilma Rousseff

  • LONDON/ NEW YORK, April 10- Mexican and Brazilian voters fed up with politics as usual could whipsaw investors this year, with a leftist consolidating his favorite status in Mexico's presidential race while Brazil's front-runner now sits in jail, leaving its October election wide open. Mexico and Brazil, Latin America's largest economies, have benefited from...

  • *Lula's Workers Party defiant in defending his right to run. BRASILIA, April 5- A Brazilian judge on Thursday ordered former President Luiz Inacio Lula da Silva to turn himself in to police within 24 hours to serve a 12- year sentence for a graft conviction, likely ending the presidential front-runner's hopes of returning to power. Earlier on Thursday, Brazil's...

  • *Lula's Workers Party defiant in defending his right to run. Earlier on Thursday, Brazil's Supreme Court rejected Lula's plea to remain free until he exhausts all his appeals, in a corruption case he calls a political witch hunt. "Lula continues to be our candidate, because he is innocent, and because he is the leading candidate to become the next president of Brazil,"...

  • *Lula's Workers Party defiant in defending his right to run. A defiant Workers Party, founded by Lula, said its supporters would take to the streets to defend his right to run. "Lula continues to be our candidate, because he is innocent, and because he is the leading candidate to become the next president of Brazil," said Workers Party leader, Senator Gleisi Hoffmann.

  • *Supreme Court case casts shadow over October election. BRASILIA, April 4- Brazil's Supreme Court early on Thursday rejected former president Luiz Inacio Lula da Silva's plea to avoid prison while he appeals a corruption conviction, in a vote that likely ends his political career and deepens divisions in the country. The decision against Lula is a serious blow...

  • *Supreme Court case casts shadow over October election. BRASILIA, April 4- Brazil's Supreme Court justices were on the verge of rejecting former leftist president Luiz Inacio Lula da Silva's plea to avoid prison while he appeals a corruption conviction, in a vote that would likely end his political career and deepen divisions in the country.

  • BRASILIA, April 4- Brazil's Supreme Court was on the verge of rejecting on Wednesday former president Luiz Inacio Lula da Silva's plea to remain out of prison while he appeals a corruption conviction, a case that has sharply divided the country, cast a shadow over this year's presidential election and stirred rumblings in the army. The leftist leader is still...

  • BRASILIA, April 4- Brazil's Supreme Court on Wednesday resumed hearing former president Luiz Inacio Lula da Silva's plea to remain out of prison while he appeals a corruption conviction, a case that has sharply divided the country, cast a shadow over this year's presidential election and stirred rumblings in the army. The leftist leader is still Brazil's most...

  • BRASILIA, April 4- Brazil's Supreme Court on Wednesday will resume hearing former president Luiz Inacio Lula da Silva's plea to remain out of prison while he appeals a corruption conviction, a case that has sharply divided the country, cast a shadow over this year's presidential election and stirred rumblings in the army. The leftist leader is still Brazil's...

  • BRASILIA, March 28- More than one third of President Michel Temer's cabinet will resign over the next week to campaign for their Congressional seats in the October general election, presidential aides said on Wednesday. The exodus of 11 ministers includes Finance Minister Henrique Meirelles who is expected to quit by Tuesday to announce that he is joining the...

  • BRASILIA, March 19- A canal set to deliver water to two drought-stricken states in northeastern Brazil is set to go into operation by year's end, a government minister said on Monday. The first canal went into operation last year and 1 million people are already receiving water in Paraiba state, said Helder Barbalho, who heads the Ministry of National Integration...

  • RIO DE JANEIRO, March 16- The most likely leftist contender in Brazil's presidential race, Ciro Gomes, is warning investors to hold off buying state assets in the energy sector because he would expropriate them if he wins in October. Gomes will benefit the most if former President Luiz Inacio Lula da Silva, Brazil's most influential politician, is barred from...

  • BRASILIA, March 12- Support for a presidential run by Brazil Finance Minister Henrique Meirelles is gaining strength within the country's largest party and he could be nominated over President Michel Temer for the October presidential race, party officials said. Still, the ruling party is set on having its own presidential candidate, even if a stronger...

  • BRASILIA, Feb 23- Fitch Ratings cut Brazil's credit rating further into junk territory on Friday, saying the country's failure to put a social security overhaul to a vote undermines public finances. Brazil's government has put off a vote on a constitutional amendment to reform the pension system, seen as vital to shoring up the country's finances, following a...

  • BRASILIA, Feb 20- President Michel Temer's decision to throw in the towel on reforming Brazil's loss-making pension system leaves the unpopular measure as a campaign issue for October's elections and a major headache for his successor. Brazil's generous pension system is at the heart of budget deficit that ballooned from 3 percent of GDP in 2013 to a massive...

  • BRASILIA, Feb 20- President Michel Temer's decision to throw in the towel on reforming Brazil's loss-making pension system leaves the unpopular measure as a campaign issue for October's elections and a major headache for his successor. Brazil's generous pension system is at the heart of budget deficit that ballooned from 3 percent of GDP in 2013 to a massive...

  • BRASILIA, Feb 9- A bribery investigation into Brazilian President Michel Temer regarding the extension of port concessions last year has found no evidence of corruption and could soon conclude no crime was committed, the head of the federal police told Reuters on Friday. Director General Fernando Segovia said in an interview that police found no proof that a...

  • BRASILIA, Feb 9- Brazil's Federal Police will likely recommend shelving an investigation into alleged bribery of President Michel Temer in return for extending port concessions last year because it has turned up no evidence, its chief told Reuters on Friday. Director General Fernando Segovia said in an interview that police found no proof that a decree...

  • SAO PAULO/ BRASILIA, Jan 31- An unexpected U.S. trade ruling last week has added to pressure on Boeing Co and Embraer SA to pull off a proposed tie-up but it will still require careful coaxing to get the Brazilian government on board. The nature of the deal, which Boeing and Embraer have publicly sidestepped by calling it a "potential combination," will be decisive in...

  • BRASILIA, Jan 11- Ratings agency Standard& Poor's cut Brazil's credit rating further below investment grade on Thursday as doubts grew about a presidential election in October and a push to trim its costly pension system, seen as vital to closing a huge fiscal deficit. S&P lowered its long-term rating for Brazil sovereign debt to BB- from BB previously, with a...