×

Politics Dilma Rousseff

  • firms@ June 8- Mexico's peso on Thursday hit its strongest level since the election of Donald Trump as U.S. president, while Brazil's currency firmed on bets a trial will not oust President Michel Temer. The peso advanced as far as 18.1625 per dollar, its strongest level since Nov. 9, when Trump's surprise victory drove the currency to a record low on fears he would rip...

  • BRASILIA, June 8- Brazil's top electoral court on Thursday excluded testimony of engineering company executives from an illegal campaign funding trial against President Michel Temer, a move that suggested it would throw out a case that had threatened to unseat him. The Supreme Electoral Tribunal voted 4-3 to exclude plea-bargain testimony of Odebrecht SA...

  • BRASILIA, June 8- The majority of judges on Brazil's top electoral court argued on Thursday to exclude testimony by construction executives on illegal campaign funding, suggesting they could throw out a case that has threatened to force President Michel Temer from office. Exclusion of the plea bargain testimonies from Odebrecht SA executives by the Supreme...

  • prompts caution@ SAO PAULO, June 8- Brazil's stocks and currency fell on Thursday in thin trading as investors remained cautious over an electoral trial that could oust President Michel Temer. The majority of judges on Brazil's top electoral court argued to exclude testimony by executives from conglomerate Odebrecht SA, potentially strengthening Temer's...

  • SAO PAULO, June 7- Brazilian stocks and currencies on Wednesday advanced after a planned reform of labor regulations cleared a hurdle in Congress, but uncertainty over the outcome of an electoral court trial that could oust President Michel Temer limited gains. Temer's proposal to loosen labor laws won approval from the Senate's economic affairs committee...

  • SAO PAULO/ BRASILIA, June 7- The Brazilian government has ordered state-controlled lender Caixa Econômica Federal to stop providing financing to a family of billionaires who accused President Michel Temer of working to obstruct a corruption probe, people familiar with the decision said on Tuesday. According to two of the people, The Temer administration...

  • SAO PAULO, June 6- Yields on Brazilian interest rate futures contracts fell on Tuesday after the minutes from the central bank's latest policy meeting reaffirmed its intention of slowing down the pace of rate cuts next month. Brazil's benchmark Bovespa stock index rose slightly, supported by rising shares of meatpacker JBS SA after its operations in...

  • BRASILIA, June 1- Brazil's economy emerged from its worst recession on record with its fastest growth rate in nearly four years, data showed on Thursday, boosting President Michel Temer's case for staying in office as he battles a corruption scandal. Brazil's gross domestic product grew 1.0 percent in the first quarter from the preceding one, matching...

  • BRASILIA, June 1- Brazil's economy emerged from its worst recession on record with its fastest growth rate in nearly four years, data showed on Thursday, boosting President Michel Temer's case for staying in office as he battles a corruption scandal. Brazil's gross domestic product grew 1.0 percent in the first quarter from the preceding one, matching...

  • BRASILIA, June 1- Brazil's economy emerged from its worst recession on record with its fastest growth rate in nearly four years, government data showed on Thursday, in some good news for President Michel Temer as he battles a corruption scandal. Brazil's gross domestic product grew by 1.0 percent in the first quarter from the preceding one, statistics agency...

  • BRASILIA, May 31- Brazil's central bank cut interest rates to a more than three-year low on Wednesday but said it was ready to dial down the pace of easing during a political crisis that threatens government efforts to plug a widening fiscal gap. Corruption allegations against President Michel Temer, which threaten to unseat the center-right politician and...

  • May 31- Brazil's scandal-plagued President Michel Temer has gained some breathing room due to an incipient economic recovery and the failure of his allies to agree on a caretaker to keep his fiscal reforms on track if he is ousted. Temer, who is being investigated for corruption by the Supreme Court, went on the offensive this week to convince Brazilians he is...

  • BRASILIA/ SAO PAULO, May 31- J&F Investimentos, controlling shareholder of the globe's largest meatpacker JBS SA, agreed to pay a record-setting 10.3 billion real fine for its role in corruption scandals that threaten to oust President Michel Temer, Brazilian prosecutors said. The settlement means that Brazil's three-year sweeping graft investigations...

  • May 31- Brazil's scandal-plagued President Michel Temer has gained some breathing room from an incipient economic recovery and the failure of his allies to agree on a caretaker to keep his fiscal reforms on track if he is ousted. If we see that they are not advancing, then we should quickly look for an alternative government, "Congressman Eduardo Cury, a vice...

  • BRASILIA/ SAO PAULO, May 31- J&F Investimentos, controlling shareholder of the globe's largest meatpacker, JBS SA, agreed to pay a record-setting 10.3 billion real fine for its role in corruption scandals that threaten to oust President Michel Temer, Brazilian prosecutors said. The settlement means that Brazil's three-year sweeping graft investigations...

  • BRASILIA, May 30- A record soy crop and rising automobile exports probably pulled Brazil out of its deepest recession on record in the first quarter, a Reuters poll showed on Tuesday, suggesting a slow recovery gained pace before an escalating political crisis threatened to bring down the government. Brazil's gross domestic product probably expanded by 1.0...

  • SAO PAULO, May 29- President Michel Temer urged Brazil's top electoral court to decide quickly on a case alleging illegal funding of his 2014 campaign in order to lift political uncertainty overshadowing a recovery in Latin America's largest economy. Helped by bumper soy and corn harvests, Brazil's economy eked out growth in the first quarter following its...

  • BRASILIA, May 26- Brazil's interest rates will probably be cut sharply this year, the inflation target reduced and a pension overhaul approved even if a corruption scandal topples President Michel Temer, as is widely expected, a Reuters poll showed on Friday. Still, according to most of 38 forecasts in the poll, the central bank is likely to cut its benchmark...

  • BRASILIA, May 25- Brazilian President Michel Temer on Thursday removed federal troops from the streets of the nation's capital, a day after sending in the army to contain violent protests against his scandal-plagued government. Temer's decision to send armed soldiers to Brasilia on Wednesday provoked an outpouring of criticism in a country with raw...

  • BRASILIA, May 25- Brazilian President Michel Temer on Thursday removed federal troops from the streets of the nation's capital, a day after sending in the army to contain violent protests against his scandal-plagued government. Temer's decision to send armed soldiers to Brasilia on Wednesday provoked an outpouring of criticism in a country with raw...