Tag: Dilma Rousseff

Dilma Rousseff
Wednesday, November 19th 2014 - 06:57 UTC

Petrobras corruption: plea bargains with the return of 165m dollars with five accused

O'Globo said it includes Paulo Roberto Costa, a jailed former Petrobras director who exposed the massive scope of alleged payments to Brazilian politicians

Five people accused in a corruption scandal at Brazil's state oil giant Petrobras have agreed to return 165 million dollars to the public purse in plea bargains with prosecutors, a newspaper reported Tuesday.

Tuesday, November 18th 2014 - 11:19 UTC

Bolivia confident Mercosur incorporation process will be ironed out at the next summit

Brazil and Bolivia are waiting for the inaugurations of Rousseff and Morales before sending the protocol for congressional approval

Bolivia trusts that at the coming Mercosur summit in Argentina it can advance in solving the “technical-legal” difficulties that are delaying the country's full membership of the trade and political group. Allegedly one of the main differences rests in neighboring Paraguay and how it would accept Bolivia's incorporation.

Tuesday, November 18th 2014 - 08:22 UTC

Rousseff pledges that Petrobras corruption case “will change the country forever”

The arrests include top executives of companies which had contracts with Petrobras. President Rousseff chaired the board of Petrobras from 2003 to 2010.

Brazil's President Dilma Rousseff said investigations into corruption at the state-owned oil company, Petrobras, could change the country forever. This was the first time she spoke since the arrest on Friday of 23 people suspected of corruption and money-laundering.

Tuesday, November 18th 2014 - 06:12 UTC

China and Brazil confirm closer trade and investment ties

Rousseff said Brazil hopes to enhance cooperation with China in such areas as oil and gas, new energy, satellite and information technology

Chinese President Xi Jinping met his Brazilian counterpart Dilma Rousseff in Australia on the sidelines of the G20 summit, calling for substantial progress in China-Brazil railway cooperation and further expanding trade and investment.

Tuesday, November 18th 2014 - 06:02 UTC

Rousseff wants to improve ties with Washington, but hurdles and attitudes persist

After re-election Rousseff told Vice President Joe Biden that she wanted to restart discussions “right away” for a formal state visit

Brazilian President Dilma Rousseff, who cancelled a White House trip last year in anger over U.S. spying revelations, now wants to improve ties and reschedule the state visit - but some U.S. officials warn it might not be that easy.

Saturday, November 15th 2014 - 07:52 UTC

Something stinks in Petrobras: former director and leading contractors CEOs arrested on bribery charges

Renato Duque, a former Petrobras senior executive arrested in an investigation that allegedly skimmed billions of dollars off contracts and into political parties

Brazilian police arrested a former Petrobras executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results.

Friday, November 14th 2014 - 06:38 UTC

Brazil's Rouseff re-election: lower expectations

Rouseff’s low key approach to foreign policy will also continue. Mercosur and South America will be her priority

By R. Viswanathan (*) - The reelection of President Dilma Rouseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil.

Wednesday, November 12th 2014 - 06:38 UTC

Rousseff tells Congress it will miss the fiscal target; resigning minister calls for a “shock of credibility”

Dilma's request for a more flexible target reflects the weak state of Brazil finances after a series of tax cuts and high public spending reduced savings

Brazilian President Dilma Rousseff on Tuesday asked Congress to allow the government to deduct all of its investments and tax exemptions from a key 2014 fiscal target, effectively lowering a goal that it will miss for the third straight year.

Tuesday, November 11th 2014 - 04:16 UTC

Unasur ready to help Venezuela organize a “major social pact” to overcome the current situation

Samper met with Dilma Rousseff and apparently addressed the Venezuelan situation

Venezuela needs a 'major social agreement' to adjust its economy and overcome the current and persistent political conflicts in the country, said Ernesto Samper, chairman of Unasur (Union of South American Nations) during a visit to Brasilia.

Saturday, November 8th 2014 - 09:37 UTC

Relief for Petrobras: Dilma allows increase in gasoline and diesel prices

The cost of gasoline at the refinery gate rose 3% and diesel 5% midnight (0200 GMT) Friday, Petrobras said in a statement.

Brazil raised domestic wholesale gasoline and diesel prices for the first time in more than 11 months effective Friday in a move to bolster the finances of the heavily indebted Petrobras oil and gas company after years of refining losses.

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