Tag: Dilma Rousseff

• Friday, July 17th 2015 - 04:48 UTC

  Brazil's corruption scandals reach Lula da Silva: probe into influence peddling

  

  Prosecutors in Brazil have announced a probe into possible influence peddling by former president Lula da Silva, involving the construction firm Odebrecht which is one of Latin America's largest engineering company. The investigation will center on Lula's alleged use of his clout after leaving office to help scandal-ridden construction giant Odebrecht land billion-dollar contracts in Latin America and Africa.

• Thursday, July 16th 2015 - 09:28 UTC

  Paraguay, as chair of the group, determined to return Mercosur to 'its roots'

  

  Paraguay is committed to return Mercosur to 'its roots', reach an agreement on some of the original fundamentals, eliminate restrictions to inter-trade and strongly promote the trade accord with the European Union. This is scheduled to take place in the coming six months once Paraguay is handed Mercosur' chair at the group's midyear presidential summit that begins on Thursday in Brasilia.

• Wednesday, July 15th 2015 - 08:10 UTC

  Mercosur summit in Brasilia with a conflicting agenda; Paraguay takes chair

  

  Mercosur will be holding its half year presidential summit in Brasilia next Thursday and Friday, an event which will expose an abundance of trade and political conflicts, discrepancies and recurrent challenges despite all its members commitment to integration. Besides full members, Argentina, Uruguay, Paraguay, Venezuela and Brazil, leaders from Chile, Peru, Ecuador, Bolivia, Colombia, Guyana and Surinam have also been announced.

• Wednesday, July 15th 2015 - 06:25 UTC

  Petrobras board member criticizes oil-exploration and local content policies

  

  Brazil's oil-exploration and local-content policies harm Petrobras and the country as a whole, a government-appointed member of the state-run company's board said on Tuesday. The comments were made by Roberto Castello Branco, who was named earlier this year by President Dilma Rousseff's administration to be one of the government's seven representatives on Petrobras board.

• Tuesday, July 14th 2015 - 06:00 UTC

  Brazil's economic team reaching out to credit rating agencies for a vote of confidence

  

  Concerns that Brazil may lose its coveted investment grade credit rating are again on the rise among government officials and investors who worry that President Dilma Rousseff’s austerity push won’t fully offset plunging government revenues.

• Thursday, July 9th 2015 - 06:29 UTC

  Brics summit takes off in Russia with an agenda full of economic and political issues

  

  Russian President Vladimir Putin met on Wednesday with his Brazilian counterpart, Dilma Rousseff at the Siberian city of Ufa, where the Brics group summit is taking place. Previously, Putin had met with president Xi Jinping (China); Jacob Zuma (South Africa) and Indian Prime Minister Narendra Modi, the five countries that make up the group.

• Thursday, July 9th 2015 - 06:18 UTC

  Petrobras 'suspicious' activities could involve as much as 16bn dollars

  

  Investigators with Brazil’s Finance Ministry say they have identified as much as US$16 billion worth of suspicious activity that may be part of a kickback scandal engulfing the state-owned oil company Petrobras.

• Wednesday, July 8th 2015 - 07:37 UTC

  Dilma rejects any suggestion of stepping down and blames “a bunch of coup mongers”

  

  Brazilian President Dilma Rousseff said in an interview published Tuesday in the daily Folha de Sao Paulo that there's no reason she should be ousted, so she has no fear being removed. Rousseff went further and accused certain sectors of the opposition of being “a bunch of coup mongers”.

• Tuesday, July 7th 2015 - 06:55 UTC

  Brazil's main opposition party ready “to take on whatever the future holds”

  

  Brazil' former president Fernando Henrique Cardoso said on Sunday addressing his party's convention, the main opposition force in the Brazilian congress, that the PSDB was ready 'to clear the country of its problems' and accused leader Lula da Silva and the ruling Workers Party (PT) of bankrupting Brazil.

• Tuesday, July 7th 2015 - 06:46 UTC

  Brazilian organizations allege there is an attempt to topple President Rousseff

  

  A raft of Brazilian organizations issued a statement on Monday denouncing what they described as the 'right's' attempts to topple President Dilma Rousseff. The statement was signed by 28 groups including the MST Landless Movement and the Catholic Church's Pastoral Land Commission.