Brazil's President-elect Dilma Rousseff is unlikely to ratify central bank President Henrique Meirelles in his post, mainly because of Meirelles' aversion to cut interest rates rapidly, O Estado de S. Paulo newspaper reported on Sunday, citing a person with direct knowledge of Rousseff's plans.
Sao Paulo’s Federal Prosecution has opened a process to determine the alleged responsibility of four retired military personnel accused of involvement in six killings and torturing 20 people among which president-elect Dilma Rousseff.
Brazil's President Lula da Silva asked his cabinet to do everything possible to help president-elect Dilma Rousseff transition smoothly into power.
Growing at a rate of 7 to 8% annually, Brazil's booming economy is becoming an important market for key Chilean exports.
Brazil's President-elect Dilma Rousseff said on Wednesday she is in no hurry to name a cabinet before taking office on January 1. Her mentor President Lula da Silva promised to leave a “stable economic situation”.
Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.
There is a largely untapped lesbian, gay, bisexual and transgender (LGBT) market in Latin America, according to a recent survey.
Brazil’s Lula da Silva could implement a series of austerity measures and spending cuts during the last two months of his presidential period in order to leave an easier scenario for president-elect Dilma Rousseff, reported Folha de Sao Paulo newspaper.
Dilma Rousseff became on Sunday Brazil’s first woman president and the first former guerrilla to reach the highest post in the country. In spite of being described by her mentor Lula da Silva as “a first class (electoral campaign) warrior and excellent manager” Ms Rousseff faces phenomenal challenges, not least the legacy of who handpicked her.
Argentina and Brazil have signed a letter of intent to jointly develop the KC-390 twin-engine military cargo aircraft, announced Argentina’s Defense minister on Monday.