Politics Dilma Rousseff

  • BRASILIA, Dec 6- Brazilian President Michel Temer said on Thursday his government will leave a primary budget deficit of less than 130 billion reais when he hands over the reins to President-elect Jair Bolsonaro on Jan. 1. Temer said he expects Bolsonaro's incoming government to follow its fiscal austerity policies and maintain a spending ceiling, which was...

  • BRASILIA/ RIO DE JANEIRO, Nov 22- A top aide to Brazilian president-elect Jair Bolsonaro said on Thursday the new government would adopt concession contracts for lucrative pre-salt oil auctions, raising concerns that talks to change the regime would drag and derail much-needed investment. Investors are eager to win a bigger slice of Brazil's oil prize, but the...

  • BRASÍLIA, Nov 12- Brazil's top appeals court on Monday ordered the release of one of meat processor JBS' controlling shareholders, Joesley Batista, and Ricardo Saud, a lawyer for J&F Investimentos, which controls JBS. JBS shares were virtually unchanged in late afternoon trade at the Sao Paulo stock exchange, at 9.95 reais. Neri Geller, who served as agriculture...

  • RIO DE JANEIRO, Nov 12- World Bank chief financial officer and former Brazilian finance minister Joaquim Levy has accepted far-right President-elect Jair Bolsonaro's offer to lead state development bank BNDES, Bolsonaro adviser Paulo Guedes said on Monday. "With extensive experience in public management and a PhD in economics from the University of...

  • RIO DE JANEIRO/ SÃO PAULO, Nov 9- Police arrested a controlling shareholder of meatpacker JBS SA and two former Brazilian agriculture ministers on Friday in connection with an investigation into illegal campaign contributions. Antonio Andrade and Neri Geller, who served consecutively as agriculture ministers under former President Dilma Rousseff, were...

  • RIO DE JANEIRO/ SAO PAULO, Nov 9- Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. Antonio Andrade and Neri Geller, who served consecutively as...

  • SAO PAULO, Oct 31- The victory of Brazil's far-right presidential candidate Jair Bolsonaro has battered the country's leftist Workers Party, which is now looking for a way to rebuild. For millions of Brazilians, the PT, as the Workers Party is known, has become synonymous with corruption and mismanagement. Former President Luiz Inacio Lula da Silva- whom Barack...

  • BRASILIA, Oct 23- The man who will likely be Brazil's next Defense Minister greeted two reporters waiting outside the door, then politely sent them packing. Their ascension has many here worried about a return to the days when the armed forces called the shots in Brazil. Most of Bolsonaro's inner circle have retained close ties to Brazil's current military...

  • RIO DE JANEIRO, Oct 15- Brazil's far-right presidential front-runner Jair Bolsonaro could revise the country's model of production-sharing contracts in its coveted pre-salt oil fields if he wins this month's election, newspaper Valor reported on Monday. Brazil's production-sharing contract model for its pre-salt oil fields was rolled out by the leftist...

  • BRASILIA, Oct 4- Whoever wins Brazil's presidential race this month will inherit a fiscal straight jacket and a drifting economy in urgent need of repair- but will have no governing coalition in Congress to pass reforms. On Sunday, Brazilians will vote for the president, all 513 members of the lower house of Congress, and two-thirds of the 81- member Senate.

  • BRASILIA, Sept 27- On a visit to Israel two years ago, far-right Brazilian lawmaker Jair Bolsonaro leaned back into the River Jordan in a white robe to be baptized in the arms of a fellow congressman and evangelical pastor. While still an avowed Catholic, Bolsonaro is riding a wave of support from Brazil's evangelical Christians, who have helped make him the...

  • BRASILIA, Sept 27- On a visit to Israel two years ago, far-right Brazilian lawmaker Jair Bolsonaro leaned back into the River Jordan in a white robe to be baptized in the arms of a fellow congressman and evangelical pastor. While still an avowed Catholic, Bolsonaro is riding a wave of support from Brazil's evangelical Christians, who have helped make him the...

  • CURITIBA/ RECIFE, Aug 24- It is Thursday outside a government building in this tidy city in southern Brazil. Despite his predicament, Lula is still calling the shots in his Workers Party and engineering another presidential run, underscoring his stature as the most popular modern political figure in Brazil. During his two presidential terms, which ran from 2003...

  • CURITIBA/ RECIFE, Aug 24- It is Thursday outside a government building in this tidy city in southern Brazil. Despite his predicament, Lula is still calling the shots in his Workers Party and engineering another presidential run, underscoring his stature as the most popular modern political figure in Brazil. During his two presidential terms, which ran from 2003...

  • SAO PAULO, July 25- Facebook Inc on Wednesday took down a network of pages and accounts used by a right-wing Brazilian activist group, cracking down on what it called a misinformation network ahead of elections in October. Facebook said in a statement that it deactivated 196 pages and 87 accounts in Brazil for their part in "a coordinated network that hid behind...

  • SAO PAULO, July 25- Facebook Inc on Wednesday took down a network of pages and accounts used by a right-wing Brazilian activist group, cracking down on what it called a misinformation network ahead of elections in October. Facebook said in a statement that it deactivated 196 pages and 87 accounts in Brazil for their part in "a coordinated network that hid behind...

  • SAO PAULO, July 25- Facebook Inc on Wednesday took down a network of pages and accounts used to spread fake news by members of a right-wing Brazilian activist group, sources told Reuters, as part of a crackdown ahead of an election in October. Facebook deactivated 196 pages and 87 accounts in Brazil for their part in "a coordinated network that hid behind fake...

  • Brazil's thriving fintech sector has managed to defy the country's political and economic turmoil.

  • Former Brazilian President Dilma Rousseff speaks during a media conference at Uruguay's Frente Amplio party's headquarters in Montevideo, November 4, 2016.

    "This was not something that happened by surprise. It had a clear goal," former Brazilian President Dilma Rousseff says.

  • expecting more calm waters after rousseff's impeachment

    Mario Garnero, chairman and founder of Brasilinvest, discusses the fight against corruption in Latin America.