Brazilian President Dilma Rousseff plans to replace a handful of ministers to streamline the cabinet when she completes a year in office in January but the shuffle does not include Finance minister Guido Mantega, according to Planalto sources.
Argentine President Cristina Fernández will hold a bilateral meeting next Friday with her Brazilian counterpart Dilma Rousseff in the framework of the first Latin American and Caribbean States Community Summit (CELAC).
Brazilian president Dilma Rousseff said that the country’s economy which slowed down in the last quarter will retake growth and generate more jobs based on government plans to expand manufacturing.
Markets expect Brazilian policy makers will accelerate the pace of interest rate cuts after President Dilma Rousseff said at an event in Brasilia on Wednesday that the country can and is prepared “to use monetary policy” to combat the effects of Europe’s debt crisis.
The president of Spain’s banking group Santander Emilio Botin described Brazil as “a very interesting market for Spain” following a meeting with Brazilian president Dilma Rousseff.
President Jose Mujica said on Sunday that his peer from Brazil Dilma Rousseff will make a strong declaration in support of Uruguay when the next G20 summit to counter French President Nicholas Sarkozy recent statements in Cannes describing one of Mercosur junior members as a “fiscal haven”
Brazilian president Dilma Rousseff on Friday signed into law the creation of a commission to investigate human rights abuses committed during military dictatorships with the purpose of strengthening democracy but ‘leaving aside all forms of revenge’.
Former Brazilian president Fernando Henrique Cardoso recommended President Dilma Rousseff a purge of her cabinet which faces yet another alleged corruption case: the minister of Labour, the fifth since she took office last January.
Standard and Poor's Corp said Thursday it was upgrading the credit rating of Brazil by one notch to BBB, adding that the upgrade reflected the country’s increasing capacity to hold up against the overall deterioration in the global economic outlook.
Brazilian president Dilma Rousseff criticized German chancellor Angela Merkel for her refusal to receive suggestions as to how face the global crisis and on specific issues such as youth unemployment.