Brazilian president-elect Dilma Rousseff press office announced Thursday that economist Alexandre Tombini will be the next president of the central bank; economist Guido Mantega will continue as Finance minister and engineer Miriam Belchoir coordinator of PAC (program to bolster growth) will become Planning and Budget minister.
Brazilian president-elect Dilma Rousseff gathered information and advised guerrilla groups bank hold-ups in the sixties when the country was ruled by a military dictatorship according to reports published Friday in O’Globo media group.
Brazilian central bank president Henrique Meirelles will not accept any invitation to remain as head of the bank unless president-elect Dilma Rousseff gives him full guarantees of “absolute autonomy” in running the institution. He also rejects the idea of holding on the job during the first quarter of 2011 until a definitive successor is named.
Brazilian president-elect Dilma Rousseff must inject more life to the institutional strength of Mercosur and the Union of South American Nations, Unasur, and then push for integration with Central America and the Caribbean, said Marco Aurelio García, President Lula da Silva advisor on foreign affairs.
Brazilian president-elect Dilma Rousseff admitted her administration would take all the necessary measures possible to prevent the Brazilian Real from increasing its value vis-à-vis the US dollar, according to reports from the Sao Paulo press that interviewed the successor of President Lula da Silva in the recent G-20 summit in Korea.
The Washington Post in one of this week’s editorials referred to the ‘transition process’ going on in South America’s two largest economies, Argentina and Brazil, after almost a decade of populist leadership.
The Brazilian Confederation of Industry, CNI, is strongly lobbying president-elect Dilma Rousseff who takes office next January first to adopt additional measures to help contain the strong appreciation of the Real vis-à-vis the US dollar.
Brazilian president-elect Dilma Rousseff was included in Forbes magazine latest list of the 68 most powerful people in the world which is headed by Chinese president Hu Jintao.
Brazil's President-elect Dilma Rousseff said on Wednesday she is in no hurry to name a cabinet before taking office on January 1. Her mentor President Lula da Silva promised to leave a “stable economic situation”.
Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.