Brazilian Finance Minister Guido Mantega said Wednesday that his country's default risk had become lower than that of the United States.
Brazilian president Dilma Rousseff has exchanged approximation signals with the opposition, beginning to “take distance” from her mentor Lula da Silva and seems closer to opposition Senator and former president Fernando Cardoso.
Brazilian Dominican friar Frei Betto considered one of the promoters of the so called Liberation Theology attacked the ruling Brazilian Workers Party because instead of fostering links with social movements prefer to be cosy with big business and their leaders have become consultants of business people and bankers.
Brazilian president Dilma Rousseff public opinion support climbed two points following last week’s cabinet reshuffle and a majority of Brazilians also believes that former president Lula da Silva continues to intervene in government affairs and this participation is ‘correct’.
Brazilian President Dilma Rousseff made the second key change of the week in her cabinet on Friday, a move aimed at improving strained ties with allies in Congress. Luiz Sergio, the minister responsible for liaising with Congress, resigned from his post,
Petrobras announced Friday in an official release that President Dilma Rousseff’s administration former chief of staff Antonio Palocci had resigned to his post in the Administration Council of the country’s oil and gas state-controlled corporation.
Italy recalled its ambassador to Brazil on Friday after Brasilia refused to extradite a former left-wing guerrilla convicted of four murders. The decision by Brazil's Supreme Court earlier this week to uphold a government refusal to extradite Italian Cesare Battisti, allowing him to walk free, has brought relations between the two countries to a low point.
Lucky week for Brazil’s Petrobras that announced major oil and gas discoveries in the US Gulf of Mexico and off the coast of Spirito Santo in Brazil.
Peruvian president-elect Ollanta Humala was received on Thursday with “a wide offer of cooperation in all fields” in Brazil, the first stop in his regional-visits round following his Sunday victory.
Commenting this week’s resignation of Brazilian chief of staff Antonio Palocci in the midst of a political crisis that has shaken Brazil in the past few days, former president Lula da Silva said that Dilma “had the authority to fire the chief of staff and acted at the right time.”