The attempt by Uruguay to draft a strong Mercosur and Unasur resolution in support of embattled Brazilian president Dilma Rousseff has foundered. Argentina is only prepared to express support for Brazil's institutions while Chile and Paraguay have balked at the idea of personalizing the issue in Rousseff and her Workers Party.
Unemployment in Latin America's largest country is at its highest level since 2012, the Brazilian government said on Thursday. Brazil's IBGE statistics bureau said that the jobless rate in the three months through January was 9.5%, compared to the 6.8% in the same period one year ago.
The Brazilian government's efforts to have former president Lula da Silva into the cabinet of president Dilma Rousseff will have to wait until next 30 March when the Supreme Court is scheduled to hold its next full meeting. The political upheaval and simultaneous legal back-and forth has reached such a pitch that it inspired a bleakly funny website, lulaeministro.com, or “Is Lula a minister?” The site shows only the former president’s face and the words, “At this moment, No.” (Or yes, depending).
Odebrecht, the engineering firm at the heart of Brazil's biggest ever graft probe, on Tuesday agreed to cooperate with prosecutors, in a move likely to send shockwaves across political parties that for years illegally siphoned money from state contracts. Federal police found an office to pay bribes and it surfaced that since February it has a list of 200 politicians who benefited from siphoned funds for election campaigns.
Brazilian President Dilma Rousseff's chief of staff on Wednesday said ousting her would set a dangerous precedent for unpopular governments to be toppled in the future. On Tuesday Rousseff said that ongoing impeachment proceedings against her in Congress constituted a plot against Brazil's institutions and the nation's stability.
Brazil's state-run oil company, Petrobras, reported a record quarterly loss of $10.2 billion on Monday due to a large reduction in the value of some assets amid lower oil prices. Petrobras has been at the center of a sprawling corruption scandal that has ensnared some of Brazil's most powerful lawmakers and business executives.
Unasur, the Union of South American Nations is divided on how to address the Brazilian situation: while Uruguay, Venezuela, Ecuador and Bolivia have agreed on a strong statement in support of president Dilma Rousseff, Argentina expressed 'institutional support' and Chile abstained.
The Brazilian opposition parties, meeting in the Lower House of Congress sped up the impeachment process against president Dilma Rousseff by holding a session on Friday, a day that lawmakers are normally away from Brasilia.
Embattled former Brazilian president Lula da Silva on Friday released an open letter calling for “justice” as he affirmed he is the victim of “unjustified acts of violence.”“Justice, it is only justice what I expect for me and everybody within the framework of in-force democratic rule of law,” Lula said a day after he was sworn-in as the chief of staff of Brazilian President Dilma Rousseff and a judge in that country issued an injunction blocking his appointment.
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.