Tag: Dilma Rousseff

Dilma Rousseff
Friday, May 22nd 2015 - 05:49 UTC

Brazil and Uruguay on an “urgent and necessary” redesign of Mercosur

Vazquez said it was necessary to grant member countries “certain degree of flexibility, so that those who wish can advance with other trade partners”

Uruguayan president Tabare Vazquez said it was “urgent and necessary” to redesign Mercosur so as to give its members greater 'trade flexibility'. Vazquez made the statements following Thursday meeting with his peer Dilma Rousseff in Brasilia and underlined “it would be naive to admit that Mercosur as it stands currently, is satisfactory”.

Thursday, May 21st 2015 - 07:27 UTC

Uruguay and Brazil summit to consider a more flexible Mercosur

“The presidents will discuss advances in the main bilateral integration projects and regional and multilateral issues, with emphasis on Mercosur”, said Brazil

Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.

Wednesday, May 20th 2015 - 05:44 UTC

Beijing to the rescue of sliding Brazil: 53bn dollars in trade, finance and investment

Li and Rousseff announced the Industrial and Commercial Bank of China, will set up a 50bn fund with Caixa Econômica Federal, for infrastructure projects

Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.

Tuesday, May 19th 2015 - 07:33 UTC

Chinese PM in Brasilia; Beijing prepared to invest 100bn in transport and energy

PM Li Keqiang will be meeting with President Rousseff Tuesday in Brasilia and sign a raft of agreements before flying to Rio do Janeiro  (Pic Xinhua)

China's Premier Li Keqiang arrived in Brasilia on Monday to sign agreements on infrastructure, energy and aviation that experts say could reach 100 billion dollars. The South American tour also includes Colombia, Peru and Chile and aims to restructure China's resource-driven trade with Latin American countries by including more value-added products.

Friday, May 15th 2015 - 07:53 UTC

Uruguay convinced Mercosur will be more flexible regarding trade accords with third parties

Uruguay believes there is a basic consensus to be more flexible in allowing Mercosur members to reach agreements with third parties, said Nin Novoa

Mercosur countries have reached a basic consensus to look for mechanisms that will allow individual members to negotiate trade agreements outside the block, announced Uruguay's foreign minister Rodolfo Nin Novoa, who has been leading a strong campaign (with Brazilian support) on the issue.

Friday, May 15th 2015 - 07:23 UTC

Brazil waiting for 50bn dollars of Chinese support to overhaul infrastructure

Chinese Premier Li arrives Tuesday in Brasilia on an official visit and will also visit former capital Rio. He then flies to Colombia, Peru and Chile

China will invest 50 billion dollars to help overhaul Brazil's aging infrastructure, the government announced on Thursday, ahead of an official visit by Chinese Prime Minister Li Keqiang next week. Brazil has repeated that it was determined to overhaul its dilapidated roads, railways, airports and ports.

Thursday, May 14th 2015 - 08:34 UTC

Rousseff expected at the White House next June 30: a long delayed bilateral agenda waits

US Vice-president Joe Biden has been on the phone several times and attended Rousseff's inauguration last January.

Next June 30 Brazilian President Dilma Rousseff will visit Washington D.C. to meet with President Barack Obama, a highly anticipated event given tensions between the two governments over the past two years.

Monday, May 11th 2015 - 10:16 UTC

Vazquez and Rousseff meeting will address Mercosur/EU trade negotiations

Mercosur members must have “the opportunity to reach bilateral agreements with other countries outside the region or other blocks”, said president Vazquez

Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group's members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the 'consensus' clause clamp.

Saturday, May 9th 2015 - 09:34 UTC

Mujica's book rekindles Brazilian scandal involving Lula da Silva

Allegedly Lula told Mujica back in 2010 that “he had to deal with many immoral things including blackmail” and “this was the only way to rule Brazil”

Uruguay's president Jose Mujica has now denied alleged statements collected in a book about his life written by two journalists, that he personally presented last Sunday in Buenos Aires and in which there is a mention to former president Lula da Silva and the 'mensalao', one of Brazil's largest corruption scandals involving monthly payments to have bills passed by Congress.

Thursday, April 30th 2015 - 07:52 UTC

Brazil raises basic rate 50 points to 13.25%, highest since December 2008

The Brazilian central bank gave no clear indication it is ready to stop the rate-hiking cycle just yet.

As was anticipated and in line with the current anti-inflation policy, Brazil's central bank on Wednesday evening announced the increase of the basic Selic interest rate another 50 points to 13.25% from 12.75%. The decision from the nine-member Monetary Committee was unanimous, according to the official release.

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