Dilma Rousseff is interested in having French elected-president Francois Holland make an official visit to Brasilia to talk about the current world situation since the Brazilian leader believes they both share positions regarding the global crisis and austerity policies.
Brazil will cut returns on new deposits to savings accounts, thereby paving the way for the central bank to further cut its benchmark lending rate, Finance Minister Guido Mantega announced.
Brazilian President Dilma Rousseff plans to unveil changes to rules related to savings accounts on Thursday, government sources said, a key move to pave the way for lower interest rates in Latin America's largest economy.
Brazilian President Dilma Rousseff's administration reached a record-high approval rating in April but voters still long for the return of predecessor Lula da Silva, a newspaper reported.
Brazil lowered its benchmark interest rate to a near-historic low of 9% on Wednesday, as expected, but the central bank surprised with hints that more cuts may follow to revive Latin America's largest economy.
Brazilian president Dilma Rousseff staunchly defended Latin American integration as she took part of the CEO forum at the 6th Summit of the Americas in Cartagena de Indias, Colombia. She blasted rich countries over their so called “monetary flooding” because it attempts against the industrialization of emerging nations.
Brazil's President Dilma Rousseff on Tuesday launched an initiative to deepen ties with the prestigious Massachusetts Institute of Technology (MIT). After meeting Monday at the White House with President Barack Obama, Rousseff continued her short visit to the United States with meetings in the Boston area where MIT is based.
Brazilian president Dilma Rousseff complained about US monetary policy and expressed concern that sanctions against Iran could backfire in a meeting with President Barack Obama on Monday, highlighting strains between the continent’s biggest economies.
In spite of disagreements in several issues, President Dilma Rousseff during her meeting on Monday at the White House with her peer Barack Obama is expected to insist on the need to join efforts in combating the world economic crisis and particularly monetary instability originated in the manipulation of foreign currency exchanges, which the Brazilian describe as a “monetary tsunami”.
Brazilian president Dilma Rousseff begins Monday a two day to the United States with the purpose of improving bilateral political, trade and investment relations as well as continuing on the agenda worked out for when President Obama’s visit to Brazil last year.