Brazil

Brazil
Saturday, June 4th 2016 - 08:34 UTC

Lula da Silva blasts media for trying to hide the “coup” against Rousseff

“After the coup, Globo simply took Dilma off the air as if she did not exist or had never existed”, claimed Lula.

Former Brazilian president Lula da Silva accused the media conglomerate Globo, the country’s largest, of censoring suspended president, Dilma Rousseff, adding that the interim government of Michel Temer is seeking to take away social rights and is “delivering” the nation’s oil for exploitation by foreign interests.

Friday, June 3rd 2016 - 09:13 UTC

Temer's administration confident of congressional support for its economic plans

Chief of staff Eliseu Padilha said government enjoys a solid two-thirds majority in Congress to push through legislation needed to contain a record deficit

President Michel Temer's will press ahead with ambitious plans to balance the budget, reform pensions and draw private money into the energy sector despite the loss of two ministers to a corruption scandal, his chief of staff said on Thursday.

Friday, June 3rd 2016 - 08:41 UTC

Brazil wants Venezuela out of the Mercosur rotating chair

Maduro's Venezuela is scheduled to take the Mercosur chair at the summit scheduled for the end of the month

Brazilian government would like to block Venezuela from taking the rotating presidency of Mercosur later this month, a move to further debilitate Venezuelan president Nicolas Maduro's power, according to Planalto sources close to interim president Michel Temer, who admitted the proposal has yet to be discussed with other members.

Thursday, June 2nd 2016 - 09:11 UTC

Temer's home in Sao Paulo is fenced off to keep protestors away

Police officers and members of the presidential security are posted in front of the home, where Temer usually spends weekends and his younger son and his wife live.

Brazil's acting president, Michel Temer, put a fence around his home in Sao Paulo to prevent protesters gathered in the vicinity from harassing his family. The measure, authorities said, was taken to “strengthen” the security surrounding the family of the interim president after on May 22 riot police dispersed a demonstration before his house.

Thursday, June 2nd 2016 - 07:31 UTC

Brazil's economy plunges 5.4% in the first quarter compared to a year ago

 The result confirms analysts' expectations that Brazil's economic performance in 2016 will be roughly similar to last year, when GDP shrank 3.8%

Brazil's economy sank further into recession in the first quarter, contracting 5.4% relative to the same three-month period of last year, the government said Wednesday. Compared with the final quarter of 2015, the economy shrank by 0.3%, according to the state-run Brazilian Institute for Geography and Statistics, or IBGE.

Wednesday, June 1st 2016 - 06:28 UTC

Brazilians disenchanted with their elected officials and a majority believes “nothing will change”

When asked if they thought congress was acting on behalf of the public’s interest during the ongoing impeachment process, only 23% said yes and 63% said no.

Brazilians have become increasingly disappointed with politics and their elected politicians, according to an Ibope Intelligence opinion poll collecting reactions to the current political situations, which has a suspended president, Dilma Rousseff; an interim leader Michel Temer, and a divided Congress.

Tuesday, May 31st 2016 - 07:21 UTC

Brazil's posts a primary budget surplus in April, because of annual income tax collection

Treasury chief Otavio Ladeira said the steep surplus was due to an increase in the collection of the annual income tax due in April and a drop in expenditures

The Brazilian government posted a primary budget surplus in April well above market expectations due to a seasonal increase in tax revenues and a drop in subsidies, a senior official said on Monday. The government, which is struggling to lift the economy out of a deep recession, posted a primary budget surplus of 9.751 billion reais (US$2.72 billion) in April.

Tuesday, May 31st 2016 - 07:07 UTC

Brazil's acting president 7-year old son already has an estate of US$ 570.000

Estado de Sao Paulo revealed that Little Michel owns two offices in a luxury building which also houses daddy Big Michel’s political office.

Little Michel, the 7-year-old son of Brazil’s Acting President Michel Temer, has already proven he is far more mature than his years might suggest. A few weeks ago, he was responsible for choosing the new government's logo – when he saw it, he said “pretty.” Now, we know that the wunderkind has a few investments of his own.

Tuesday, May 31st 2016 - 07:00 UTC

Second cabinet knock out in Brazil: this time the Transparency minister

Transparency Minister Fabiano Silveira is the second minister in a week to be forced out of the Brazilian interim government

Brazilian interim president Michel Temer's government has suffered a new blow when his anti-corruption minster resigned on Monday after leaked recordings showed him trying to squash a massive corruption scandal that has ensnarled the country's political and business elite.

Monday, May 30th 2016 - 09:36 UTC

Suspended Rousseff claims tapes reveal her impeachment is meant to stop the Petrobras corruption probe

Rousseff told Folha de S. Paulo the revelation of the recordings gives her hope of returning to office.

Suspended President Dilma Rousseff said in an interview published Sunday that leaked audio recordings of men backing her impeachment show the effort to oust her is meant to stop a wide-ranging corruption probe that has implicated numerous leading Brazilian politicians and businessmen.

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