MercoPress. South Atlantic News Agency
Stories for August 31st 2016
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Wednesday, August 31st 2016 - 20:29 UTC
Brazil's political system confirms President Temer, removes 'outsider' Rousseff
The Brazilian Senate on Wednesday midday impeached suspended president Dilma Rousseff, and removed her from office for the rest of her term, ending a power struggle that has consumed the nation for months but has not solved any of its mounting problems, rather the contrary. Vice-president and interim president Michel Temer will formally replace the first woman president of the country.
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Wednesday, August 31st 2016 - 13:54 UTC
China expects G20 summit confirms its world standing, but admits vulnerable flanks
China is hoping to cement its standing as a global power when it hosts leaders from the world's biggest economies this weekend, but suspects the West and its allies will try to deny Beijing what it sees as its rightful place on the international stage. Ensuring that this does not happen will be one of President Xi Jinping's priorities, and a key mark of how successful China will judge the G20 summit to be.
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Wednesday, August 31st 2016 - 12:34 UTC
Macri at G20 to represent the “new” Argentina and after crucial investments
Argentine president Mauricio Macri is off to Hangzhou, China for this first G20 summit where he is expected to hold bilateral talks with the host Xi Jinping, Russia's Vladimir Putin, Germany's Merkel and probably UK prime minister Theresa May.
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Wednesday, August 31st 2016 - 05:03 UTC
Norway's Statoil and Petrobras expand strategic alliance and cooperation
Norways' StatOil and Petrobras have signed a memo of understanding to strengthen their cooperation in Brazil. The two major companies are are already partners in 13 blocks and the intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream collaboration in producing fields in the Santos and Campos offshore basins.
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Wednesday, August 31st 2016 - 04:56 UTC
Brazil's unemployment reaches 11.6% with an estimated 11.8 million jobless
Brazil's unemployment rate rose to 11.6% in the three months through July the statistics agency IBGE said on Tuesday. Brazil's jobless rate has risen sharply from 6.5% at the end of 2014 as the country entered its worst recession in decades.
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Wednesday, August 31st 2016 - 03:43 UTC
Rousseff's fate has been decided: Senate will make it formal on Wednesday
The Brazilian Senate heard for the last time on Tuesday the arguments of the defense and prosecution in the impeachment trial of President Dilma Rousseff, and now prepares to issue its decision on the case.
