Brazil's vice president called for a government of national unity in a message that was released on Monday apparently by mistake, further complicating the political crisis and impeachment process against President Dilma Rousseff.
A commission considering impeachment charges against Brazilian President Dilma Rousseff voted on Monday 38 to 27 in favour of accepting them, which sends the question to the full lower house of Congress for a vote most probably next Sunday. The decision deals a blow to the beleaguered Brazilian president and complicates the country’s political situation.
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.
Brazil exhausted its economic model, the domestic market is no longer enough and Brazilian protectionism hindered competitiveness and scared foreign investment, claimed retired Brazilian diplomat Jose Botafogo at the international symposium The future of Mercosur organized in Paraguay as part of the 25th anniversary celebration of the South American block.
The rapporteur of a lower-house impeachment committee said in a report that congressional proceedings that could lead to Brazilian President Dilma Rousseff's removal from office should continue. The report by lawmaker and committee member Jovair Arantes must now be voted on by all 65 members of that Chamber of Deputies special panel on Monday.
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.
Attorney General Jose Eduardo Cardozo told the congressional impeachment committee Monday that Rousseff had done nothing wrong and to remove her would be tantamount to a putsch.“As such, impeaching her would be a coup, a violation of the constitution, an affront to the rule of law, without any need to resort to bayonets,” Cardozo told the 65-member committee.
Politicians from seven parties in Brazil were named as clients of a Panama-based firm at the center of a massive data leak over possible tax evasion, O Estado de S.Paulo said on Monday.
Brazil's embattled oil company Petrobras said it will launch a voluntary layoff program to cut an estimated 12,000 jobs in a bid to save up to 33 billion reais ($9.20 billion) by 2020. The program will cost 4.4 billion reais and is open to all employees, according to a statement from Petrobras, which has been hard hit by low oil prices, refinery project problems and a massive price-fixing, bribery and political kickback scandal.
Troubled Brazilian construction company Odebrecht SA plans to sell about 12 billion reais (US$3.4 billion) in assets to help meet its debt obligations, according to the builder’s chief executive officer. The company had a gross debt of 85 billion reais in 2014, the most recent figure available, but much of it is long-term debt and the biggest payments start only in 2025, Odebrecht CEO Newton de Souza said in an interview published Friday in the Folha de S. Paulo newspaper.