Brazil's Chamber of Deputies approved this week an executive order allowing foreign investors 100% ownership of Brazilian airlines, compared to the current 20% limit, although the implementation depends on approval from the Senate.
Dilma Rousseff, Brazil's suspended president, will be invited to the opening ceremony of the Rio Olympics on August 5, the organizing committee said Thursday. Rousseff has been replaced by vice-president Michel Temer pending her impeachment trial over allegations of fiddling government accounts.
Marcelo Odebrecht, the former chief executive of Latin America’s largest construction company, will admit in a plea bargain testimony that he personally oversaw illegal campaign donations for suspended Brazilian president Dilma Rousseff in the 2010 and 2014 elections, Folha de São Paulo reported.
Brazil wants a more flexible dynamic Mercosur which allows member countries to reach autonomous agreements with third parties, that can help overcome the de-industrialization process suffered by recent “populist governments”, said Brazilian foreign minister in a speech to the Sao Paulo State Federation of Industries, FIESP.
Brazil's suspended president Dilma Rousseff said she would call a referendum on holding early elections if she is reinstated as president, an offer analysts saw as a bid to sway undecided senators to help clear her in an impeachment trial.
The government of Interim President Michel Temer has a low approval rating among Brazilians and a majority of the country wants new elections to be held this year, according to a poll released on Wednesday.
Former Brazilian president Lula da Silva accused the media conglomerate Globo, the country’s largest, of censoring suspended president, Dilma Rousseff, adding that the interim government of Michel Temer is seeking to take away social rights and is “delivering” the nation’s oil for exploitation by foreign interests.
President Michel Temer's will press ahead with ambitious plans to balance the budget, reform pensions and draw private money into the energy sector despite the loss of two ministers to a corruption scandal, his chief of staff said on Thursday.
Suspended President Dilma Rousseff said in an interview published Sunday that leaked audio recordings of men backing her impeachment show the effort to oust her is meant to stop a wide-ranging corruption probe that has implicated numerous leading Brazilian politicians and businessmen.
Ex Brazilian president Lula da Silva regrets having handpicked suspended president Dilma Rousseff as his political heiress, according to a taped conversation leaked to the media. In the audio between former president Jose Sarney and Sergio Machado, a former head of Transpetro, a state-run natural gas company, who is believed to have entered a plea bargain with the prosecution, the two men comment on Lula's confession.