Tag: Brazil

• Tuesday, May 24th 2016 - 05:34 UTC

  Temer loses top minister to Petrobras scandal: recordings expose plans to obstruct investigation

  

  Brazil's Planning Minister Romero Juca said on Monday he will temporarily step down after a newspaper published recordings of him discussing plans to obstruct the country's biggest-ever corruption investigation, which includes him among its targets.

• Tuesday, May 24th 2016 - 05:16 UTC

  Meirelles on Tuesday will announce spending cuts to contain a huge fiscal deficit

  

  Brazil's government on Tuesday will announce spending curbs and other measures to reduce its rising debt burden and contain a fiscal deficit as it seeks to regain the confidence of investors, Finance Minister Henrique Meirelles said.

• Tuesday, May 24th 2016 - 05:08 UTC

  Brazilian Justice warns government should not interfere in trials and recommends transparency

  

  Brazilian federal judge hearing the Petrobras case, Sergio Moro, avoided commenting Monday on the voice recording in which a minister of acting-President Michel Temer suggests ways to end the investigation into corruption at the state-run oil company Petrobras, but warned that the government should not interfere in trials, which are the responsibility of the justice system.

• Monday, May 23rd 2016 - 12:14 UTC

  Argentina, one of Brazil´s main foreign policy priorities, anticipated Serra who is expected in Buenos Aires

  

  Argentina will be one of the main priorities for Brazil’s interim government under President Michel Temer, declared foreign minister José Serra who is expected this Monday in Buenos Aires for his first overseas trip. He is also anticipated a review and redraw of Mercosur plus agreements with the US, European Union and Japan.

• Monday, May 23rd 2016 - 11:13 UTC

  Limited street protests against Temer's government in Sao Paulo and Rio

  

  Thousands of demonstrators took to the streets of Brazil's two biggest cities Sunday to protest acting President Michel Temer, trying to keep up pressure on his interim administration only 10 days after he was sworn in. A march in Sao Paulo was heading toward Temer's residence, but police blocked roads near the house, and the interim president left for the capital of Brasilia hours earlier.

• Monday, May 23rd 2016 - 10:58 UTC

  Temer backsteps and this Monday will reinstate the Culture Ministry

  

  Brazil's interim President Michel Temer will reinstate the Culture Ministry this Monday, a government official said, after an outcry from some of the country's top artists over his policy to fold it into the Education Ministry to save money

• Monday, May 23rd 2016 - 10:50 UTC

  New recommendations for athletes and visitors of the coming Rio Olympic Games

  

  Australian athletes at this summer’s Rio Olympics will be supplied with condoms which offer “near complete” protection against the mosquito-borne Zika virus, the Australian Olympic Committee (AOC) announced. However, the virus has been linked to a birth defect that causes babies to be born with unusually small heads.

• Saturday, May 21st 2016 - 08:46 UTC

  Malcorra successfully completes negotiations with China and meets on Monday in Buenos Aires with Serra

  

  Argentina's foreign minister Susana Malcorra held another round of talks with high level Chinese officers in Beijing, as part of her official visit to China to promote trade, investment and the special strategic relation between the two countries. But also cut short her visit to other countries to be back in Buenos Aires next Monday in time to meet with her new Brazilian peer, Jose Serra to address the bilateral agenda and Mercosur among other issues.

• Friday, May 20th 2016 - 11:16 UTC

  Brazil's economic interests will prevail over ideological goals, says new foreign minister

  

  The foreign minister for Brazil's new government following the suspension of president Dilma Rousseff said that Brasilia will now pursue economic interests over ideological goals. Jose Serra, nominated by acting president Michel Temer in the wake of Rousseff's suspension for an impeachment trial, signaled that Brazil would no longer be part of the loose left/leaning alliance that exists across several Latin American countries.

• Friday, May 20th 2016 - 11:05 UTC

  Petrobras new CEO is a former energy minister and chief of staff

  

  Former Brazilian energy minister Pedro Parente has been named by acting President Michel Temer as the new CEO of state-run oil giant Petrobras. Parente was picked Thursday to replace Aldemir Bendine, an appointee of now suspended President Dilma Rousseff. The new Petrobras CEO was working as chairman of Sao Paulo-based financial bourse BM&FBovespa.