The speaker of Brazil's lower house of Congress ruled out resigning in response to pressure from colleagues over allegations that he took bribes and stashed the money in Swiss bank accounts.
Damage from the gargantuan corruption scandal centered on Brazilian state oil company Petrobras could amount to as much as 20 billion Reais ($5.3 billion), a lead prosecutor revealed last week.
The president Dilma Rousseff administration is geared to “preparing the country to deal with a new international reality”, Brazilian Finance Minister Joaquim Levy told Reuters in an interview on Saturday.
Less than a week after returning from the United Nations, where he raised concerns about Guyana’s border dispute with Venezuela, President David Granger was confronted with a similar issue involving Suriname.
President Dilma Rousseff said in a closed-door meeting that Brazil is experiencing a Paraguayan-style democratic coup, alluding to the 2012 removal of Paraguay's then-head of state, the Folha de Sao Paulo newspaper reported Friday.
Brazil opposition lawmakers will push for impeachment proceedings to begin next week against embattled President Dilma Rousseff, local media reported Friday. It comes after the country’s top audit court, the TCU, ruled that the government’s 2014 accounts had been manipulated in the run-up to last year’s presidential elections to give a better impression of the economy and sustain spending on social programs.
The 2015 Nobel Peace Prize was awarded Friday to Tunisia's National Dialogue Quartet for its efforts to bring democracy to the country, where the political upheaval in 2011 sparked pro-democracy movements throughout the Arab world.
Belarusian writer and dissident Svetlana Alexievich won the 2015 Nobel Literature Prize on Thursday for her work chronicling the horrors of war and life under the repressive Soviet regime.
Given the Annual Meetings of the International Monetary Fund and World Bank taking place in Lima, Peru, the International Trade Union Conference, ITUC, and its Global Unions partners call on the international financial institutions to adopt policies that counter the global economic slowdown.
The following piece by Arthur C. Brooks (*) was published in The New York Times opinion page. It is a strong view on Francis's visit significance for US Catholicism.