Two weeks after the removal of Dilma Rousseff as Brazil's president, the lower house of Congress on Monday expelled the lawmaker who engineered her impeachment for lying about secret bank accounts in Switzerland. The once powerful former speaker Eduardo Cunha, who has been charged with corruption by the Supreme Court, was banned from politics for eight years and faces arrest now he has lost his congressional prerogatives.
Brazil's new government is trying to stifle a corruption investigation targeting politicians and major parties, the former attorney general said in a magazine interview a day after being replaced by President Michel Temer. The former official, Fabio Medina Osorio, told weekly magazine Veja that he was fired because he tried to deepen the so-called “Car Wash” corruption probe into the country's oil company Petrobras.
Brazilian police say they want to speak to International Olympic Committee (IOC) President Thomas Bach about an alleged scheme to resell tickets during last month's Rio Olympics. The police pointed out that Mr. Bach is being treated as a witness, not a suspect.
Brazil's new president, Michel Temer, was booed at an annual military parade in the capital Brasilia on Wednesday, his first public outing since taking power last week. Out with Temer! shouted protesters at the heavily policed ceremony. Supporters of Temer applauded the new leader.
The Brazilian central bank said on Tuesday that future interest rate cuts will not depend on any single factor, signaling that policymakers are ready to ease monetary policy as inflation expectations improve. In the minutes of its last rate-setting meeting, the bank said all members were satisfied with the progress of disinflation, but remained cautious about high inflation expectations for 2017.
Brazil's removed president Dilma Rousseff left the capital on Tuesday to return to her adopted hometown of Porto Alegre, capital of Rio Grande do Sul, neighboring with Uruguay. A few dozen supporters were waiting outside as Rousseff abandoned Alvorada palace, the presidential residence, which she continued to occupy during the Senate trial that ended last Wednesday with her removal from office.
Brazilian police launched an investigation of fraud at state-run companies' pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the chief executive of the world's biggest beef exporter.
Brazil's economy could grow 2.5% in 2018 and expand at an even faster rate over the following years, Finance Minister Henrique Meirelles said at a seminar in Shanghai.
The Government of the Falkland Islands and the British Embassies in Uruguay, Brazil and Chile invite university students to participate in this regional competition to win the chance to visit the Falklands for a week, all expenses paid.
Sao Paulo police disperse five days of demonstrations against removal of Rousseff and calls for fresh elections
Police in Sao Paulo, Brazil's financial and industrial hub, used tear gas on Sunday to disperse thousands of demonstrators at the end of a peaceful march to protest the removal of populist president Dilma Rousseff last week in an impeachment trial.