Brazil's populist president Dilma Rousseff vowed at a protest on Sunday, International Labour Day, that she would go down fighting ahead of what could be her final full week in power before impeachment.
Brazil's central bank left its benchmark interest rate on hold at 14.25% for a sixth consecutive time, amid stubbornly high inflation and political uncertainty. The bank which makes rate decisions eight times a year has held its key Selic rate steady since the last of seven consecutive hikes in July 2015.
We respect the Brazilian constitutional process and thus Argentina does not have plans to follow on president Dilma Rousseff announcement that she will appeal to Mercosur to implement the democratic clause if the impeachment process to remove the head of state from office advances in the country's Senate.
Brazilian President Dilma Rousseff concedes that even if the full Senate finally votes against her impeachment, she may be obliged to support the call for new presidential elections this year, according to Folha, one of Sao Paulo's most influential dailies.
Amnesty International said on Wednesday that residents of Olympic host Rio de Janeiro's slum favelas are living in terror after 11 people were killed in police shootings in the past month. The rights group said at least 307 people were killed by police in the city last year and called on Brazilian authorities to take action in the 100 days ahead of the start of the Rio Games on August 5.
Brazil’s Senate chose the 21 members of a commission that will recommend whether or not to move forward with impeachment proceedings against embattled President Dilma Rousseff. As was expected, the Senate picked a committee stacked with supporters of impeachment that will report back on whether to put Rousseff on trial. Only five of the committee’s 21 members have declared their support for the populist president.
A poll released on Monday showed Brazilians overwhelmingly favored the hypothetical resignation of both President Dilma Rousseff and her vice-president Michel Temer, followed by new presidential elections. Just over 60% of respondents said that scenario would be the best way out of the crisis, although no such solution is stipulated under Brazil’s Constitution.
Brazil's largest opposition party is divided over how strongly to back a new interim government if it succeeds in having President Dilma Rousseff stripped of office, as it eyes a run at the presidency in 2018, senior members said on Monday.
Former President Lula da Silva attacked on Monday the gang of lawmakers who have implanted an agenda of chaos in Brazil by pushing to impeach and remove incumbent head of state Dilma Rousseff. Lula participated in Sao Paulo in a seminar with representatives of leftist parties, including Italy's former Prime Minister Massimo D'Alema.
If Brazilian Vice President Michel Temer takes power, former central bank President Henrique Meirelles would accept the position of finance minister under the condition he was given approval rights over members of the entire economic team, newspaper Folha de S. Paulo reported on Sunday.