Tag: Dilma Rousseff

• Monday, March 16th 2015 - 11:00 UTC

  Peaceful massive protests against Rousseff on Sunday throughout Brazil

  

  Over one million demonstrators marched in cities and towns across Brazil to protest a sluggish economy, rising prices and corruption, and some even calling for the impeachment of populist President Dilma Rousseff. The marches on Sunday come as Brazil struggles to overcome economic and political malaise and pick up the pieces of a boom that crumbled once Rousseff took office in 2011.

• Sunday, March 15th 2015 - 02:25 UTC

  Brazil readies for Sunday’s mass protests; tepid marches in support of Dilma on Friday

  

  Pro-government labor unions, student organizations and social activists staged demonstrations across Brazil on Friday in support of President Dilma Rousseff, two days before mass protests planned against her administration.

• Friday, March 13th 2015 - 11:53 UTC

  Brazil's economic difficulties are cyclical argues President Rousseff

  

  President Dilma Rousseff said here Thursday that Brazil's economic woes are cyclical in nature that the austerity measures her administration has adopted to rectify the situation will begin to bear fruit late this year.

• Tuesday, March 10th 2015 - 07:05 UTC

  Brazilian lawmakers accused of Petrobras graft fight back

  

  Brazil’s congressional heads denied involvement in the country’s largest graft scandal after being named among dozens of politicians for investigation. Renan Calheiros and Eduardo Cunha, the heads of the Senate and Lower House respectively, and Rio de Janeiro Senator Lindbergh Farias all rejected allegations of graft in the Petrobras kickback scheme dubbed “Carwash.”

• Monday, March 9th 2015 - 07:34 UTC

  Rousseff's message deafened by pot-banging, horn-blowing and messages calling for her resignation

  

  President Dilma Rousseff appealed to Brazilians on Sunday to back fiscal austerity policies, while saying that the belt-tightening will last as long as needed and results will only start showing at the end of this year.

• Thursday, March 5th 2015 - 08:23 UTC

  US Judge names lead plaintiff in class-action lawsuit against Petrobras

  

  A U.S. federal judge on Wednesday named a trustee of a British pension fund as the lead plaintiff in a class-action lawsuit against Brazil's state-run oil company Petrobras and its top executives.

• Thursday, March 5th 2015 - 07:11 UTC

  Rousseff faces a revolt in Congress from her ruling coalition main ally

  

  Brazilian President Dilma Rousseff, (and her political mentor Lula da Silva), raced on Wednesday to defuse a rebellion by legislators upset about her budget austerity plans and her handling of a corruption scandal at state-run oil company Petrobras, which now threatens political stability.

• Wednesday, March 4th 2015 - 06:14 UTC

  Brazil's currency at its weakest since September 2004...and sliding

  

  The Brazilian Real reached on Tuesday its weakest level against the dollar in more than 10 years, amid concern the country’s political and economic situation is growing worse.

• Tuesday, March 3rd 2015 - 06:17 UTC

  Truckers strike in Brazil still disrupting traffic in several states; soy harvest delayed

  

  Striking truck drivers resumed some roadblocks in Brazil on Monday even as the government cracked down on protesters and promised to implement a law to lower toll costs and give other benefits to the transport sector.

• Thursday, February 26th 2015 - 04:48 UTC

  Rousseff lashes out at Moody's for downgrading Petrobras debt to junk-bonds

  

  Brazilian President Dilma Rousseff on Wednesday said credit rating agency Moody's Investors Service downgraded state-controlled oil giant Petrobras' debt to junk-bond territory due to ignorance of the company's situation.