Tag: Dilma Rousseff
Dilma RousseffRousseff announces veto of several Forest Code controversial amendments
Brazilian President Dilma Rousseff announced Friday that she is vetoing some of the controversial amendments to the country’s Forest Code that would have substantially weakened the country’s forest protection and climate mitigation actions.
Brazilian economy slows down in March for third consecutive month
Brazilian government's economic activity index dropped for the third consecutive month in March, confirming a slowdown in the economy in the period.
Brazil passes bill to challenge embedded culture of secrecy and bureaucracy
A freedom of information law has taken effect in Brazil, challenging an embedded culture of secrecy and bureaucracy. Proponents, including President Dilma Rousseff, said the measure is nothing short of a revolution for a system that has kept tight control over information for decades.
Brazil planning to cut taxes on electricity to help reduce industry costs
The Brazilian government has plans to cut and simplify taxes for electricity producers and distributors as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy, reports Reuters.
President Rousseff happy and supportive of the 2 dollars Real
The Brazilian Real dropped past 2 per dollars for a second day as President Dilma Rousseff said it has been “extremely overvalued,” encouraging speculation the currency of Latin America’s biggest economy may fall further.
Brazilian president announces new social support programs for children
Brazilian President Dilma Rousseff launched on Sunday, (Mother’s Day in South America) a raft of new social programs for low-income families with young children.
“Interest rate has been falling not to please Dilma”, says Brazil Central bank chief
The central bank remains independent and the current interest-rate cutting cycle is driven by specific economic factors, not pressure from President Dilma Rousseff, Brazil’s central bank President Alexandre Tombini said in an interview in the Sunday edition of O Estado de S. Paulo.
Brazil underlines the “great political convergence” with Argentina in spite of trade differences
Foreign Minister Antonio Patriota praised the “great political convergence” between Argentina and Brazil and assured that any existing problems related to the bilateral trade “do not tarnish this very strong reality.”
Brazilian strategy to lower value of its currency seems to be working
Investors pulled 1 billion dollars out of Brazil last week as Euro-zone debt fears continue to spook markets and the Brazilian government shows little sign of changing its hefty intervention policies.
Brazil’s Rousseff sees in Hollande an ally to counter Merkel’s austerity policies
Dilma Rousseff is interested in having French elected-president Francois Holland make an official visit to Brasilia to talk about the current world situation since the Brazilian leader believes they both share positions regarding the global crisis and austerity policies.
