Brazil

Brazil
Saturday, April 23rd 2016 - 10:51 UTC

Rousseff's bid for international support backfiring

“In the past, coups were carried out with machine guns, tanks and weapons, today all you need are hands that are willing to tear up the Constitution”, said Rousseff

Brazilian president Dilma Rousseff from New York accused her political opponents as “coup mongers” and “conspirators” and insisted she would fight to the very end the impeachment process to remove her from office. But her attacks faced a solid defense in Brazil including from members of the Supreme Court who expressed concern the president was questioning Brazil's institutions before the world.

Thursday, April 21st 2016 - 12:34 UTC

Mounting evidence against Lula da Silva at Brazil's Supreme Court

Rousseff appointed Lula da Silva to the chief of staff job March 16 to help her battle the impeachment effort.

Brazil's Supreme Court on Wednesday suspended a meeting that was to decide whether former President Lula da Silva can be his successor's chief of staff. The delay came three days after the lower house of Congress voted to begin impeachment proceedings against President Dilma Rousseff. She is accused of using accounting tricks in managing the federal budget.

Thursday, April 21st 2016 - 11:22 UTC

Rousseff will claim before UN she is victim of a “coup d'état without weapons”

Rousseff aides said the populist leader would attend a U.N. event Friday in New York, where she will denounce as illegal the attempt to impeach her.

Embattled Brazilian President Dilma Rousseff will travel to New York in a bid to rally international support against her impeachment, leaving behind a Cabinet paralyzed by political crisis as another minister defected Wednesday.

Tuesday, April 19th 2016 - 09:14 UTC

Temer prepares to take over, but Rousseff followers pledge to fight in the Senate and in the streets

Vice-president Temer, who Rousseff accuses of masterminding a 'coup', apparently is working on a wide ranging 'national coalition' and 'salvation cabinet'.

Financial markets in Brazil, and globally, are betting that with the exit of president Dilma Rousseff, a more business friendly government will take over helping Latin America's largest economy to kick-start with vice-president Michel Temer, who apparently is working on a wide ranging 'national coalition' and 'salvation cabinet'.

Tuesday, April 19th 2016 - 08:39 UTC

Uruguay's ruling coalition backs Rousseff and condemns the 'new kind of coups' in the continent

The release warns that if the coup prospers Rousseff will be replaced by Temer and Cunha both under investigation for corruption

Uruguay's ruling coalition, Broad Front, came out strongly in support of Brazilian president Dilma Rousseff and condemned the “coup which is being instrumented against the head of state who was supported by 54 million votes in free, open democratic elections”.

Tuesday, April 19th 2016 - 08:23 UTC

Rousseff vows to fight impeachment 'to the very end' in the Senate, where she is short of ten votes

“I have the force, the spirit and the courage to fight this whole process to the end” Rousseff said. “This is just the beginning of the battle”

Brazil's President Dilma Rousseff vowed on Monday to fight impeachment to the very end in the Senate after a Sunday heavy defeat in the lower house of Congress raised the likelihood of an end to her administration and 13 years of populist rule in Latin America's largest economy.

Tuesday, April 19th 2016 - 00:44 UTC

Brazil's steep recession forecasted to continue in 2017 as economic pessimism deepens

IMF predicted Brazil’s economy will contract 3.8% this year and level off to zero in 2017, warning the uncertain recovery pace could mean another downward revision.

As the political battle to remove president Dilma Rousseff rages on, with both sides seeming to ignore the necessary confidence and certainty for normal business, economists are becoming increasingly pessimistic about Brazil's economic outlook.

Monday, April 18th 2016 - 17:34 UTC

Rousseff loses crucial impeachment vote; Senate decides as economic uncertainty worsens

Voting one by one in a rollicking marathon session broadcast live on television to a rapt Brazilian public, the pro-impeachment lawmakers celebrated wildly

President Dilma Rousseff lost a crucial impeachment vote in Brazil’s lower house on Sunday evening, making her removal ever more likely and deepening the country’s political crisis. Rousseff’s opponents easily obtained the two-thirds majority of votes in the 513-member Chamber of Deputies needed to pass the impeachment measure.

Monday, April 18th 2016 - 09:46 UTC

Mercosur/EU trade deal is “no bed of roses” and “we're just beginning”

“We'll only reach an agreement if we start to discuss it. We're not going to get closer unless we display proposals. It's a give and take game”, said Malcorra

Despite growing optimism among Mercosur member countries of reaching a trade agreement with the European Union, Argentine minister of foreign affairs Susana Malcorra has cautioned that the road ahead is not “a bed of roses”, and the coming exchange of goods and tariff reduction proposals “will not satisfy any of the two sides”, but that is where “serious discussions begin”.

Saturday, April 16th 2016 - 09:38 UTC

Rousseff forced to cancel speech to the nation; defense with state resources argued the opposition

Opposition parties filed legal motions arguing President Rousseff can’t make a public address to mount a personal defense.

Embattled Brazilian President Dilma Rousseff canceled a scheduled address to the nation on Friday night, ahead of a looming impeachment vote in the lower house of Congress. The lower house will vote Sunday on whether Rousseff should be impeached by the Senate for allegedly breaking financial laws.

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