Tag: Brazil

Brazil
Sunday, May 29th 2016 - 14:28 UTC

World health experts call for Rio Olympics to be postponed or moved given Zika spread fears

“The Brazilian strain of Zika virus harms health in ways that science has not observed before,” the letter said.

More than 100 health experts have called for the Rio Olympic Games to be postponed or moved because of fears that the event could speed up the spread of the Zika virus around the world, according to a public letter published online.

Saturday, May 28th 2016 - 07:27 UTC

WHO public health advice regarding the Olympics and Zika virus

WHO advises pregnant women not to travel to areas with ongoing Zika virus transmission.

Based on current assessment, cancelling or changing the location of the 2016 Olympics will not significantly alter the international spread of Zika virus. Brazil is one of almost 60 countries and territories which to-date report continuing transmission of Zika by mosquitoes. People continue to travel between these countries and territories for a variety of reasons. The best way to reduce risk of disease is to follow public health travel advice.

Saturday, May 28th 2016 - 06:25 UTC

Rousseff's final impeachment vote in the Senate scheduled for August

“June 20 is the date fixed for Rousseff's interrogation before the commission... She may choose to attend or be represented by her counsel” reported Agencia Brasil.

“The impeachment effort against suspended President Dilma Rousseff may reach a final decision in August, according to a work schedule presented Wednesday by Senator Antonio Anastasia, rapporteur of the current Procedural Commission for the Impeachment,” the state news agency Agencia Brasil reported on Wednesday.

Thursday, May 26th 2016 - 06:53 UTC

Rousseff claims Temer intends to “privatize” Brazil's pre-salt oil reserves

The pre-salt region is estimated to hold tens of billions of barrels of crude equivalent, at 7.000 meters depths offshore Brazil's southeastern coast.

Brazil's suspended president, Dilma Rousseff, on Wednesday accused interim head of state Michel Temer of intending to “privatize” the oil discovered in recent years in deep waters of the Atlantic Ocean and thus deprive the nation's education sector of funding.

Wednesday, May 25th 2016 - 08:16 UTC

Brazil with a current account surplus in April, first since 2009

“This result took us a little by surprise. We were aiming for this but the surplus came a little earlier than expected”,  Tulio Maciel said.

Brazil recorded a public current account surplus of US$412 million in April, the first positive result since 2009. Brazil's central bank's chief economist, Tulio Maciel, on Tuesday said the result was way better than anticipated.

Wednesday, May 25th 2016 - 05:58 UTC

Temer announces tough austerity measures but needs to show Congress supports him

Temer said the government would get an early repayment of about US$28 billion from Brazil's state-run investment bank BNDES

Brazil's interim president announced austerity measures on Tuesday aimed at pulling Latin America's largest economy from its worst crisis in decades, warning that a failure to act would sentence future generations to “extraordinary hardship.” Speaking with government leaders in a national televised meeting, interim president Michel Temer, 75, also banged his hand on the table while insisting he was up to the job.

Tuesday, May 24th 2016 - 08:18 UTC

Brazil and Argentina to work together to help find a solution to Venezuela

“We're on alert when it comes to Venezuela. Brazil and Argentina have an interest that includes mediation,” Brazilian Foreign Minister Jose Serra said

Brazil and Argentina will work together to help find a solution to Venezuela's political crisis, Brazil's acting foreign minister said on Monday. Venezuela is facing a severe economic crisis, with the world's highest inflation and shortages. Polls indicate most Venezuelans want President Nicolas Maduro out of office.

Tuesday, May 24th 2016 - 05:34 UTC

Temer loses top minister to Petrobras scandal: recordings expose plans to obstruct investigation

“Starting from tomorrow, I will step aside,” Juca told a huddle of reporters in Brasilia, following a day of feverish speculation about his political future.

Brazil's Planning Minister Romero Juca said on Monday he will temporarily step down after a newspaper published recordings of him discussing plans to obstruct the country's biggest-ever corruption investigation, which includes him among its targets.

Tuesday, May 24th 2016 - 05:16 UTC

Meirelles on Tuesday will announce spending cuts to contain a huge fiscal deficit

Speaking in São Paulo Meirelles said the short- and long-term measures will be aimed at helping pull Brazil's economy out of its worst recession in decades.

Brazil's government on Tuesday will announce spending curbs and other measures to reduce its rising debt burden and contain a fiscal deficit as it seeks to regain the confidence of investors, Finance Minister Henrique Meirelles said.

Tuesday, May 24th 2016 - 05:08 UTC

Brazilian Justice warns government should not interfere in trials and recommends transparency

“It is not appropriate for me to speak since I don't yet know all the details, but in matters of the justice system there should be no interference by the government”

Brazilian federal judge hearing the Petrobras case, Sergio Moro, avoided commenting Monday on the voice recording in which a minister of acting-President Michel Temer suggests ways to end the investigation into corruption at the state-run oil company Petrobras, but warned that the government should not interfere in trials, which are the responsibility of the justice system.

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