Tag: Dilma Rousseff

• Monday, May 28th 2012 - 19:16 UTC

  Spanish King on high profile PPRR visit to recover “lost time and ground” in South America

  

  Spain’s King Juan Carlos will be travelling to Brazil and Chile in the first week of June to strengthen ties with two strategic associates and in preparation of the Ibero-American summit to take place in Cadiz. The King will be accompanied by Foreign Affairs minister Jose Manuel Garcia-Margallo and a business delegation.

• Friday, May 25th 2012 - 22:54 UTC

  Rousseff announces veto of several Forest Code controversial amendments

  

  Brazilian President Dilma Rousseff announced Friday that she is vetoing some of the controversial amendments to the country’s Forest Code that would have substantially weakened the country’s forest protection and climate mitigation actions.

• Monday, May 21st 2012 - 03:56 UTC

  Brazilian economy slows down in March for third consecutive month

  

  Brazilian government's economic activity index dropped for the third consecutive month in March, confirming a slowdown in the economy in the period.

• Friday, May 18th 2012 - 03:58 UTC

  Brazil passes bill to challenge embedded culture of secrecy and bureaucracy

  

  A freedom of information law has taken effect in Brazil, challenging an embedded culture of secrecy and bureaucracy. Proponents, including President Dilma Rousseff, said the measure is nothing short of a revolution for a system that has kept tight control over information for decades.

• Wednesday, May 16th 2012 - 01:07 UTC

  Brazil planning to cut taxes on electricity to help reduce industry costs

  

  The Brazilian government has plans to cut and simplify taxes for electricity producers and distributors as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy, reports Reuters.

• Wednesday, May 16th 2012 - 01:03 UTC

  President Rousseff happy and supportive of the 2 dollars Real

  

  The Brazilian Real dropped past 2 per dollars for a second day as President Dilma Rousseff said it has been “extremely overvalued,” encouraging speculation the currency of Latin America’s biggest economy may fall further.

• Tuesday, May 15th 2012 - 02:28 UTC

  Brazilian president announces new social support programs for children

  

  Brazilian President Dilma Rousseff launched on Sunday, (Mother’s Day in South America) a raft of new social programs for low-income families with young children.

• Monday, May 14th 2012 - 05:38 UTC

  “Interest rate has been falling not to please Dilma”, says Brazil Central bank chief

  

  The central bank remains independent and the current interest-rate cutting cycle is driven by specific economic factors, not pressure from President Dilma Rousseff, Brazil’s central bank President Alexandre Tombini said in an interview in the Sunday edition of O Estado de S. Paulo.

• Friday, May 11th 2012 - 01:24 UTC

  Brazil underlines the “great political convergence” with Argentina in spite of trade differences

  

  Foreign Minister Antonio Patriota praised the “great political convergence” between Argentina and Brazil and assured that any existing problems related to the bilateral trade “do not tarnish this very strong reality.”

• Thursday, May 10th 2012 - 19:52 UTC

  Brazilian strategy to lower value of its currency seems to be working

  

  Investors pulled 1 billion dollars out of Brazil last week as Euro-zone debt fears continue to spook markets and the Brazilian government shows little sign of changing its hefty intervention policies.