Two further headaches for embattled Brazilian president Dilma Rousseff who in eight months of government has seen four ministers and two deputy ministers step down under serious suspicions of corruption.
Brazil local-currency credit rating is being reviewed for an upgrade by Standard & Poor’s, which cited the country’s economic stability. The rating was affirmed at BBB+, the third-lowest investment grade, S&P said in a statement.
Argentine president Cristina Fernandez de Kirchner is the second most powerful Latinamerican woman in the world according to a ranking released by Forbes.
A Brazilian minister accused his own party of trying to destroy him and said he might not have enough support to continue in his job, raising the odds of yet another high-level departure from President Dilma Rousseff's beleaguered government.
Brazilian president Dilma Rousseff said on Tuesday that the two main parties of the ruling coalition, “PT (Workers party) and the PMDB (Brazilian Democratic Movement) are the basis of the stability and trust of the government”.
Brazilian President Dilma Rousseff reached out to political allies to stem a growing rebellion within her coalition after the resignation of a fourth minister threatened to further tense already strained relations.
Boeing Co. promised a full transfer of technology to Brazil if the US-based company wins a 9 billion dollars fighter-jet bid. The president of Boeing Military Aircraft told the Brazilian Senate defense committee that Brazil would be able to fully produce the F-18 Super Hornet if it purchases the planes from Boeing.
Brazilian president Dilma Rousseff named on Thursday lawmaker Mendes Ribeiro as new Minister of Agriculture. The member of Congress from the farming state of Rio Grande do Sul replaces Wagner Rossi who stepped down Wednesday following strong allegations of corruption and irregularities.
Brazilian Agriculture minister Wagener Rossi resigned to his post Wednesday following revelations of irregularities in his office thus becoming the fourth minister to step down, in eight months, of President Dilma Rousseff administration.
One of the smallest parties from the Brazilian ruling coalition has stepped down with “no hard feelings” and will now adopt a ‘critical support’ attitude towards the administration of President Dilma Rousseff.