President Dilma Rousseff's main foreign affairs' advisor Marco Aurelio Garcia denied Brazil has any “imperial intentions” in reply to claims relative to Cuba from presidential opposition candidate Marina Silva.
A surging Marina Silva took Brazilian president Dilma Rousseff to task in an election debate Tuesday night when she touted her government's achievements in improving social conditions and defending wages in the midst of global economic crisis.
The deceased Brazilian presidential candidate Eduardo Campos, 49, was a former governor of the northeastern state of Pernambuco and belongs to a traditional family from the Brazilian political establishment.
Brazilian presidential candidate Eduardo Campos, a contender to unseat President Dilma Rousseff in October elections, died Wednesday when his campaign jet crashed in the city of Santos, killing all seven people aboard.
Brazilian president Dilma Rousseff admitted on Monday the government could increase domestic fuel prices at refineries by up to 6% after the October presidential election. The increase of 5.5% and 6% is a preliminary calculation and is geared to help prop the finances of the government managed oil and gas giant Petrobras.
Brazil is far from stagflation, central bank chief Alexandre Tombini said on Tuesday, forecasting the economy will pick up speed and inflation will ease in coming months. In similar terms Economy minister Guido Mantega said the economy should pick up in the second half of the year after a slow start and hit more reasonable growth levels in 2015.
Banco Santander Brasil SA, apologized for a note sent to some of its high-income clients in Brazil saying the economy would worsen if President Dilma Rousseff’s chances of being re-elected stabilized or improved.
When opposition party Senator Aecio Neves officially kicked off his presidential campaign last week, he posted a video on Facebook calling for a “fairer, more efficient, and more generous Brazil”. However the word ‘efficient’ struck some as an odd rallying cry in a tropical country known for its, well, un-Swiss-like approach to time.
Brazilians cried, cursed their president and covered their faces in shame after their beloved football team's humiliating 7-1 thrashing by Germany in the World Cup semi-finals Tuesday. President Dilma Rousseff twitted how sad she was with defeat but called on Brazilians “we won't let ourselves stay down”.
With the World Cup just eight days away, high inflation and unemployment is once again challenging Brazil’s economy, with the impact sure to influence this year’s election campaigns. Investors warned earlier this week that spending promises will undermine the fiscal discipline needed to restore confidence in the country and boost economic growth.