Latin American currencies weakened on Friday after strong U.S. jobs data was seen as increasing the likelihood of higher interest rates in the world's largest economy, while Brazil markets fluttered in the last trading session before Oct. 5 elections.
Brazilian President Dilma Rousseff has extended her lead over environmentalist Marina Silva ahead of Sunday's Oct. 5 presidential election and would win a likely second-round runoff, a new poll showed on Thursday.
Brazil's rapid religious transformation is having an impact on the country's tight presidential race, where abortion and gay marriage have emerged as hot issues and Pentecostal televangelists are political power brokers.
Brazilian financial markets took a beating on Monday after polls showed President Dilma Rousseff pulling past challenger Marina Silva ahead of Sunday's election. The Brazilian currency closed at its weakest level since December 2008 while the benchmark Bovespa stock index notched its biggest one-day loss in over three years.
Brazilian presidential candidate Marina Silva vowed to de-politicize regulatory agencies that she says do more to win favor with government allies than ensure fair and efficient markets in Latin America's biggest economy.
Dilma Rousseff has stopped her erosion in opinion polls as she seeks a second term as Brazil’s president, even reversing the trend with only days left before the election, greatly thanks to her predecessor and mentor Lula da Silva.
Former Environment Minister Marina Silva, one of the two main contenders in Brazil's Oct. 5 presidential election, said on Thursday that, if elected, she will not embark on any adventure in economic policies.
Brazilian President Dilma Rousseff effective television campaign has started to erode Marina Silva's lead in the polls that the opposition candidate enjoyed two weeks ago and turned the race into a dead heat. The ads remind tens of millions of voters who have been lifted from poverty by social welfare programs that they could still slip backward.
President of Brazil Dilma Rousseff has affirmed that current Finance minister Guido Mantega will not carry on in his post should the Workers' Party (PT) candidate win a second term as head of state in October's presidential elections.
Brazil’s President Dilma Rousseff has hinted that if re-elected next month, she would not reappoint Finance Minister Guido Mantega. When reporters in Fortaleza asked Rousseff about Mantega’s role if she were re-elected, she responded that, “A new election means a new government, a new team.”