Tag: Brasil

• Saturday, June 10th 2017 - 09:16 UTC

  Brazil tightens corruption controls on banks and listed companies

  

  Brazilian presidential decree raising fines on banks and listed companies involved in illicit acts aims to empower the central bank and the country's securities industry watchdog in their efforts to bolster transparency, Finance Minister Henrique Meirelles said in Paris.

• Saturday, June 10th 2017 - 08:51 UTC

  Temer wins the day with a divided vote. “The system needs stability” was the decisive argument

  

  Brazil's top electoral court gave embattled President Michel Temer a big victory late Friday, voting to reject allegations of campaign finance violations that could have removed him from office. After four days of deliberations, judges voted 4-3 in a case that many viewed as a measure of whether Temer could remain in office amid a ballooning corruption scandal and single-digit popularity.

• Friday, June 9th 2017 - 21:44 UTC

  Strong indications that president Temer will survive the Electoral Court case and remain in office

  

  Brazil's top electoral court on Thursday excluded testimony of engineering company executives from an illegal campaign funding trial against President Michel Temer, a move that suggested it would throw out a case that had threatened to unseat him.

• Tuesday, April 4th 2017 - 20:09 UTC

  Brazil's Temer strategy to fend off electoral trial on campaign funding is working

  

  Brazil's top electoral court on Tuesday delayed proceedings in a landmark trial about illegal campaign funding that could lead to the removal of President Michel Temer less than a year after he took over from impeached leftist Dilma Rousseff, and 18 months before the 2018 presidential election.

• Saturday, February 11th 2017 - 07:36 UTC

  Mercosur meeting in March to address internal tariffs and Mexico

  

  Mercosur foreign ministers will be meeting next March 9 in Buenos Aires in the framework of Argentina's pro tempore chair and following on the Argentine/Brazilian presidents recent meeting when it was decided to give the group a new thrust taking advantage of the new world scenario.

• Tuesday, September 13th 2016 - 09:42 UTC

  Brazilian congress expels lawmaker who engineered Rousseff's impeachment

  

  Two weeks after the removal of Dilma Rousseff as Brazil's president, the lower house of Congress on Monday expelled the lawmaker who engineered her impeachment for lying about secret bank accounts in Switzerland. The once powerful former speaker Eduardo Cunha, who has been charged with corruption by the Supreme Court, was banned from politics for eight years and faces arrest now he has lost his congressional prerogatives.

• Tuesday, May 24th 2016 - 08:05 UTC

  Macri's Argentina and Temer's Brazil seal close political and working relationship

  

  Argentina and the new interim government of Brazil sealed this Monday their close relationship when foreign minister Jose Serra in a brief visit to Buenos Aires, his first overseas trip, met privately with President Mauricio Macri. . Earlier in the day the Brazilian official signed a memorandum of understanding for a bilateral mechanism of political coordination with his peer Susana Malcorra.

• Thursday, September 3rd 2015 - 10:29 UTC

  Brazil's central bank leaves basic interest rate unchanged at 14.25%

  

  Brazil's central bank halted one of the world's boldest rate-hiking cycles on Wednesday, taking pressure off an economy struggling with recession even amid concerns that a looming budget crisis could stoke inflation.

• Wednesday, July 20th 2011 - 22:21 UTC

  Lula da Silva again to the rescue of President Rousseff facing cabinet setback

  

  Former Brazilian leader Lula da Silva said President Dilma Rousseff managed the latest political crisis in the cabinet ‘correctly’ and is proving she has the capacity to lead “in this and in all situations”.

• Tuesday, July 5th 2011 - 05:44 UTC

  Toyota Mercosur temporarily closing plants due to lack of parts

  

  Toyota, the world's biggest automaker said Monday it will temporarily halt work at factories in Brazil and Argentina due to the lack of parts from Japan after the massive March quake and tsunami.