The leader of Brazil's Workers' Party, PT, argued in an interview that former president Luiz Inacio Lula da Silva is anything but radical and does not pose a threat to Brazilian financial stability. Brazilian senator Gleisi Hoffman told Bloomberg News that Lula is working on a second letter to Brazilian people (as he did in 2002) to reassure the markets about his commitment to fiscal responsibility.9 comments
Half of Brazilians want former President Lula da Silva to win next year's election and return to the office he occupied between 2003 and 2010. The other half wants him in prison for a corruption conviction.
The former Brazilian president Lula da Silva responded defiantly to his conviction on corruption charges by formally launching his candidacy for next year’s presidential election.
Brazil's highest accounting court gave another 15 days for President Dilma Rousseff to respond to accusations she doctored the government accounts last year to hide the deterioration of the country's finances.
An auction to privatize airports in Rio and Belo Horizonte, two host cities for the 2014 World Cup, will be held on October 31, Brazilian authorities have announced.
Brazilian President Dilma Rousseff signed into law on Wednesday new regulations to make its ports more efficient and attract up to 12 billion dollars in investments as the country finally begins to tackle logistics bottlenecks hampering vast farm exports.