Tag: Dilma Rousseff

• Monday, February 22nd 2016 - 09:32 UTC

  Rousseff is managing to survive despite ongoing dispute with Congress

  

  President Dilma Rousseff's main coalition partner, the fractious Brazilian Democratic Movement Party (PDMB), re-elected a key ally of hers as its leader in the lower house of Congress last week, enhancing her chances of blocking impeachment.

• Friday, February 19th 2016 - 04:24 UTC

  Brazil biggest environmental disaster: compensation agreement could be signed this week

  

  The Brazilian government expects to reach an agreement by Friday with Samarco Mineração to settle a 20 billion-real (US$4.9 billion) lawsuit for damages in the deadly dam disaster which burst in inland Minas Gerais creating a tsunami of mud and waste that killed 17 people and reached the Atlantic ocean.

• Tuesday, February 16th 2016 - 07:55 UTC

  President Rousseff with 200.000 troops leads the “Zika Zero” campaign

  

  More than 200,000 troops fanned out across Brazil over the weekend to raise awareness about the mosquito that spreads the Zika virus, which has been linked to a surge in birth defects.

• Tuesday, February 16th 2016 - 07:43 UTC

  Brazil will hold Olympic Games despite Zika, says president Rousseff

  

  Brazilian President Dilma Rousseff said that the 2016 Olympic Games in Rio de Janeiro would take place despite the Zika virus, at a time when various athletes have expressed their fears about competing.

• Wednesday, February 3rd 2016 - 07:04 UTC

  Harsh time for Rousseff in Congress: booing and threats of more difficulties

  

  Brazilian Congress gave on Tuesday a harsh welcome to President Dilma Rousseff at its yearly inaugural session, booing her and threatening new “difficulties” added to the turbulent relations that prevail between the executive and legislative branches.

• Wednesday, February 3rd 2016 - 06:15 UTC

  Brazil airline shares soar as regulator admits opening to foreign capital

  

  Brazilian airline shares soared nearly 30% on Monday after a newspaper report said the government may scrap limits on foreign ownership of domestic airlines to attract investment to the struggling sector. President Dilma Rousseff may propose legislation giving her discretion to let foreign groups own as much as 100% of local airlines, up from 20%, Valor Econômico reported.

• Friday, January 29th 2016 - 04:31 UTC

  Brazil unveils US$ 20bn credit plan to revive economy; 'raid' on workers' pension funds

  

  Brazil will release 83 billion reais (US$20.4 billion) in new credit from state-run banks for farmers, builders and other businesses suffering in a shrinking economy, resuming stimulus efforts it had largely eschewed in last year's austerity drive.

• Thursday, January 28th 2016 - 06:49 UTC

  Brazil expected to announce massive injection of loans to revive the economy

  

  Brazil’s Finance Minister Nelson Barbosa is expected to announce as much as 60bn Reais (US$15bn) in loans as the government seeks to revive growth amid the worst economic downturn in over a century.

• Monday, January 25th 2016 - 10:36 UTC

  Oil price plunge distorts Brazilian market and leaves Rio cash strapped

  

  Brazil's President Dilma Rousseff approved a resolution to maintain the current system for establishing the minimum price of oil on which royalty payments are paid by state-run oil company Petrobras to local governments.

• Saturday, January 23rd 2016 - 09:01 UTC

  Rousseff eyeing foreign reserves to boost economy and cash strapped government

  

  President Dilma Rousseff said on Friday that her cash-strapped government could consider tapping into Brazil's sizeable foreign reserves at a given moment, an idea that troubles investors already worried about the country's economic decline.