A key Brazilian lawmaker argued Monday that President Michel Temer should be suspended from office and put on trial in the country's highest court on a corruption charge.
Brazil's federal police announced late Thursday that they are shutting down the primary task force assigned to a jumbo corruption investigation, drawing criticism from prosecutors who said it would undermine the probe. The investigation, known as “Operation Car Wash,” is Brazil's largest-ever corruption probe. It has jailed top politicians and business executives and led to allegations against President Michel Temer.
Embattled Brazilian President Michel Temer quickly presented his legal defense against corruption allegations to lawmakers, a move seen as a bid to reduce the likelihood of being suspended from office and tried at the Supreme Court. Temer's lawyer submitted the defense on the second day of Chamber of Deputies commission proceedings to consider the matter, eight days ahead of deadline.
Brazilian police have arrested a close ally of President Michel Temer as part of a corruption investigation into a government-controlled bank. Geddel Vieira Lima, a former cabinet minister, had been in charge of Temer's relations with Congress.
Brazil's top prosecutor slapped President Michel Temer with a lengthy indictment Monday night, charging the embattled leader with corruption. The allegations, which include accepting millions of dollars in bribes and approving hush money, make Temer the first sitting president in the country's history to be charged with a crime.
Brazilian President Michel Temer reached a 7.0% approval rate in June, sinking deeper from the 9.0% measured in April, the Datafolha Institute reported, as the sitting head of state contnues to come closer to Jose Sarney's all time record of 0%, registered in 1989.
Brazilian presidential decree raising fines on banks and listed companies involved in illicit acts aims to empower the central bank and the country's securities industry watchdog in their efforts to bolster transparency, Finance Minister Henrique Meirelles said in Paris.
Brazil's top electoral court gave embattled President Michel Temer a big victory late Friday, voting to reject allegations of campaign finance violations that could have removed him from office. After four days of deliberations, judges voted 4-3 in a case that many viewed as a measure of whether Temer could remain in office amid a ballooning corruption scandal and single-digit popularity.
Brazilian police have arrested Rodrigo Rocha Loures, a former congressman and close friend of President Michel Temer. Rocha Loures was seen in a video released in May carrying a bag with 500,000 Brazilian Reais (US$154,000).
Brazil's economy grew by one percent in the first quarter of 2017, ending eight consecutive quarters of shrinkage in the country's worst recession in history, the state statistics office said Thursday. While not definitively ending the recession, the spike in growth offers another glimmer of light for Latin America's biggest economy -- and could throw a lifeline to President Michel Temer as he tries to fend off a huge corruption scandal.