Tag: Brazil

Wednesday, August 17th 2016 - 04:56 UTC
Uruguay ambassador summoned to Itamaraty after minister accuses Brazil of “bullying Mercosur presidency”

Brazil summoned Uruguay's ambassador on Tuesday after the neighboring country's foreign minister Rodolfo Nin Novoa accused Brazil of trying to “buy” its vote to block Venezuela from taking the rotating presidency of the Mercosur trade bloc.
Wednesday, August 17th 2016 - 03:07 UTC
In last-ditch attempt Rousseff promises to advance elections if she's not impeached

Brazil's suspended president Dilma Rousseff, on Tuesday pledged to open the door to an early general election if she survives an upcoming vote in the Brazilian Senate on ousting her less than half-way through her second term.
Wednesday, August 17th 2016 - 03:01 UTC
Dilma and Lula face investigation for justice obstruction, reports GloboNews

Brazilian Federal Supreme Court justice has authorized the opening of an investigation into President Dilma Rousseff and her predecessor Lula da Silva for allegedly working to obstruct the course of a sweeping corruption probe, GloboNews news channel said on Tuesday.
Tuesday, August 16th 2016 - 21:53 UTC
Australian Olympic robbed during a fire evacuation at the Rio Village

Members of the Australian Olympic team were robbed during a fire evacuation at the Rio de Janeiro Olympic Village, in the latest of a series of complaints about the athletes’ housing complex. The Australian building was evacuated Friday after a fire in the basement, which was likely started by a cigarette.
Tuesday, August 16th 2016 - 21:12 UTC
Temer banned from running for political office by a Sao Paulo electoral court

A regional electoral court in Sao Paulo issued a guilty verdict against interim Brazilian President Michel Temer on election law violation charges, and declared the politician ineligible to run for political office for eight years as a result of having a “dirty record.”
Tuesday, August 16th 2016 - 20:12 UTC
Brazilian flag flies at half mast in the Olympics in honor of Joao Havelange

Former FIFA president and IOC member Joao Havelange has died aged 100. The Brazilian, whose name is one of those used for the track and field stadium for the Rio Games (Estádio Olímpico João Havelange), played a key role in bringing the Olympics to his country. He called on IOC members at the host city vote in 2009 to “join me in celebrating my 100th birthday'” at the Rio Olympics.
Tuesday, August 16th 2016 - 06:50 UTC
Sao Paulo's bull stock market reflects investors' confidence of Brazil's GDP rebound

Brazil's Ibovespa rose on Monday to the highest level in almost two years as an advance in crude oil lifted the shares of Petrobras while estimates for a faster economic recovery fueled bets on companies that rely on domestic demand.
Tuesday, August 16th 2016 - 06:38 UTC
Fearful of public's reaction Temer will not attend Rio Olympics closing ceremony

Brazil's interim President Michel Temer's press office informed on late Monday that he will not attend the closing ceremony of the Rio Olympic Games, which will be held on the evening of August 21 at the world-renowned Maracana stadium.
Monday, August 15th 2016 - 15:09 UTC
July inflation in Brazil remains over target: 8.74% in twelve months

Inflation in Brazil rose more sharply in July than economists expected, official data showed, raising pressure on the central bank to keep interest rates on hold for some time.
Monday, August 15th 2016 - 12:21 UTC
Mercosur Montevideo 23 August meeting to decide sanctions on Venezuela

The coordinators of Mercosur founding members will decide next 23 August at a meeting in Montevideo on the legal measures to be applied on Venezuela, which self proclaimed itself the presidency of the group and is also questioned for not complying with the rules and regulations to be incorporated to the group. In that case Venezuela could lose its full member status.