Brazilian President Dilma Rousseff's supporters took to the streets on Friday to fight back at attempts to oust her, as a flurry of court battles raged over her controversial cabinet appointment of predecessor Lula da Silva. Waving the red flags of the ruling Workers' Party, (PT) tens of thousands of demonstrators took to the streets in the country's largest city, Sao Paulo, greeting Lula with thunderous cheers when he was hoisted onto a parked truck to address the crowd.
A Brazilian court has found Barcelona striker Neymar guilty of tax fraud and ordered him to pay 188.8 million Reais (US$ 52.2) in back taxes, interest and penalties according to reports on the local media on Friday.
The Argentine government expressed its concern about the impact the Brazilian political crisis will have on trade between the two countries. Argentina and Brazil are the principal partners in the Mercosur common market, which also includes Paraguay, Uruguay and Venezuela. Brazil and Argentina are mutually principal destinations for their manufactured goods, meaning that bilateral trade is crucial for both.
Former leader Lula da Silva was sworn in as President Dilma Rousseff's chief of staff on Thursday amid a deepening crisis in Brazil as protests against his appointment continued for a second day and a judge sought to block the move.
Brazilian share prices surged on Thursday to close 6.6% higher, a seven-year record, after fresh setbacks to populist President Dilma Rousseff raised the prospect of her being driven from power.
When a poor man steals, he ends in jail; when a rich man steals he is named minister, the phrase belongs to Lula da Silva back in 1998 when he was leading the opposition, and it is now being repeated in social networks. In effect, on Wednesday Lula was named chief of staff by president Dilma Rousseff, who also phoned him to tell him she would be sending him the official decree on his nomination, so that he make use of it if necessary.
Protests erupted in Brazilian cities on Wednesday after President Dilma Rousseff named her predecessor Lula da Silva chief of staff and a taped telephone conversation fed opposition claims the appointment was meant to shield Lula from prosecution.
Brazil's ex-president Lula da Silva will accept a position in his successor's cabinet, according to a leading national newspaper, in order to protect himself from prosecution in a corruption case involving the state-run oil company, Petrobras. Rio-based O Globo newspaper reported on Tuesday that Lula had told several close advisers that he would rejoin the cabinet, citing no sources. Brazilian markets and currency collapsed on the news.
Former Brazilian leader Lula da Silva has accepted a key ministerial role in President Dilma Rousseff's government, leading media in Sao Paulo have reported. Members of the governing Workers' Party say his appointment will strengthen her beleaguered administration. In becoming a minister, Lula will also have some legal protection. Allegedly the two are to meet on Tuesday in Brasilia.
Mercosur and the European Union will exchange trade proposals in April, a key step for the long delayed trade and cooperation agreement between the two blocks and which has gained strength since the change of administration in Argentina with president Mauricio Macri.