Brazil

Tuesday, December 8th 2015 - 09:03 UTC
Impeachment battle takes off in Brazil; Rousseff calls for an early vote

Impeachment proceedings against Brazil's President Dilma Rousseff were delayed on Monday by a fight between supporters and opponents trying to stack a lower house committee that will report on whether she committed an impeachable offense.
Monday, December 7th 2015 - 08:36 UTC
Impeachment battle against Rousseff begins Monday in Congress

Impeachment proceedings against Brazilian President Dilma Rousseff face their first major hurdle Monday when a special committee forms to decide whether to send the case to the full lower house. Once established, the 65-member committee representing all parties will hear Rousseff's defense, then rule on whether to allow the matter to go further.
Saturday, December 5th 2015 - 08:25 UTC
Rousseff suffers setbacks in attempt to block impeachment proceedings

$Aviation Minister Eliseu Padilha, an ally of Temer and part of the fractious party that is Rousseff's main coalition partner, submitted his resignation$

Brazilian president Dilma Rousseff on Friday suffered two setbacks to her fight against impeachment, as a minister from her main coalition ally resigned and the Supreme Court quashed appeals from supporters seeking to stop the impeachment process.
Thursday, December 3rd 2015 - 08:41 UTC
Brazil political crisis escalates: Congress initiates impeachment proceedings against president Rousseff

The speaker of Brazil's lower house of Congress, Eduardo Cunha has announced plans to open impeachment proceedings against President Dilma Rousseff, allegedly on violation of fiscal legislation. In practical terms this means further political upheaval in the months ahead in a country that has been rocked by the steepest recession in 25 years, job losses, and a corruption scheme of planetary proportions in oil giant Petrobras.
Wednesday, December 2nd 2015 - 12:38 UTC
Brazil's worst mining disaster will stress test 'king iron' Vale's resources

Brazil's deadly mining disaster could cost Vale SA at least US$443 million, but it is too early to put a price tag on what it expects to be a long clean-up from the pollution spilled when the toxic dam burst.
Wednesday, December 2nd 2015 - 11:08 UTC
Macri to meet Rousseff Friday: trade, Mercosur and Venezuela in the agenda

Next Friday Argentine president elect Mauricio Macri will be travelling to Brasilia to meet with president Dilma Rousseff, which will be the incoming leader's first overseas trip.
Wednesday, December 2nd 2015 - 11:00 UTC
Brazilian executive order to further cut budget spending

Brazilian government said in an executive order published Monday in the Official Daily that it was cutting spending by an additional 11 billion reais ($2.82 billion) this year. The move is part of an effort by the government to a budget deficit target of 1 percent of the gross domestic product, a goal agreed to during the last budget review.
Wednesday, December 2nd 2015 - 10:45 UTC
Brazilian economy contracts a record 4.5% in the last twelve months

Brazil's economy, in recession since mid-year, contracted 1.7% in the third quarter, compared to the April-June period, and decreased 4.5% relative to the same period in 2014, the Brazilian Institute of Geography and Statistics, or IBGE, said on Tuesday.
Wednesday, December 2nd 2015 - 09:28 UTC
China and Brazil agree on further cooperation and on climate change

Chinese President Xi Jinping and Brazil's Dilma Rousseff met in Paris on the sidelines of the ongoing climate talks, and agreed to strengthen cooperation in a number of areas including a common position regarding global warming.
Tuesday, December 1st 2015 - 07:45 UTC
Brazil on alert on possible link between Zika virus and micro-cephalic babies

Brazilian health authorities, who alerted the nation Monday to the rapid spread of the Zika virus, confirmed that up to now it has caused one death and that another six victims are in critical condition and under medical examination.