Former Brazilian senator and environmental minister Marina Silva said on Sunday that she would seek her party’s nomination to run for president next year. Silva announced her plans at a meeting of her Sustainability Network Party, or REDE, which would officially nominate her at its national convention in April.
A smaller majority of Brazilians favor the impeachment of President Dilma Rousseff compared to last month, while more than half want her immediate successor to be impeached too, according to a survey released on Saturday by polling firm Datafolha.
A Supreme Court judge ordered Brazil's Congress on Tuesday to start impeachment proceedings against Vice President Michel Temer, deepening a political crisis and uncertainty over leadership of Latin America's largest country. Justice Marco Aurelio Mello told the lower house to convene an impeachment committee to consider putting Temer on trial on charges he helped manipulate budget accounting as part of President Dilma Rousseff's administration.
A anticipated Brazil's largest party, the Brazilian Democratic Movement Party, PMDB, announced on Tuesday it was leaving President Dilma Rousseff's governing coalition and pulling its members from her government, a departure that raises the odds she could be impeached in a matter of months.
Brazilian president Dilma Rousseff and her challenger Senator Aecio Neves for the 26 October runoff, are technically tied according to the latest public opinion poll released by Datafolha, which so far has shown to be one of the most reliable pollsters.
Business-friendly opposition candidate Aecio Neves received a crucial boost in Brazil's presidential election race on Sunday with the endorsement of popular environmentalist Marina Silva two weeks before his runoff against incumbent Dilma Rousseff.
The political party that launched environmentalist Marina Silva's unsuccessful presidential bid has thrown its support behind pro-business candidate Aecio Neves for Brazil's Oct. 26 runoff vote against populist President Dilma Rousseff.
Although pollsters in Brazil got it right with President Dilma Rousseff victory and the growth tendency of runner up Aecio Neves in the last days leading to Sunday's presidential election, they failed dismally in percentage estimates.
The Sao Paulo stock exchange soared 4.7% on Monday with the Bovespa index reaching 57.115 points following Sunday's presidential election when no candidate managed 50% of ballots, opening the way for a runoff between pro-business Aecio Neves and president Dilma Rousseff.
Latin American currencies weakened on Friday after strong U.S. jobs data was seen as increasing the likelihood of higher interest rates in the world's largest economy, while Brazil markets fluttered in the last trading session before Oct. 5 elections.