Tag: Dilma Rousseff

• Thursday, March 8th 2012 - 06:06 UTC

  Brazilian surprise: basic rate down to 9.75%, lowest in years

  

  Brazil’s Central bank on Wednesday surprised analysts by accelerating the pace of interest rate cuts, bringing borrowing costs to 9.75%, below 10% for only the second time on record as it seeks to revive growth.

• Wednesday, March 7th 2012 - 02:54 UTC

  Blatter apologizes to Brazil; requests interview with President Rousseff

  

  FIFA president Sepp Blatter sought on Tuesday to defuse a war of words between FIFA and Brazil by personally apologising for disparaging remarks made by a top official about the country's slow progress in preparing for the 2014 World Cup.

• Tuesday, March 6th 2012 - 17:06 UTC

  Brazil growth in 2011, slowest since 2003, but 2 million jobs were created

  

  The Brazilian economy last year registered its second-worst performance since 2003 as higher borrowing costs and a currency that rallied to a 12-year high led it to under-perform emerging-market peers China and India.

• Tuesday, March 6th 2012 - 05:23 UTC

  Rousseff and Merkel exchange ideas on ‘monetary tsunami’ and ‘protectionism’

  

  German Chancellor Angela Merkel replied on Monday to Brazilian president Dilma Rousseff claims that Europe is involved in a “monetary tsunami” arguing that developed countries are very concerned with Brazil’s protectionist measures.Merkel and Rousseff met at Hannover where the Brazilian president was invited to open a high technology event.

• Friday, March 2nd 2012 - 05:55 UTC

  Brazil claims rich countries “tsunami” of cheap money triggers “currency war”

  

  Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a “tsunami” of cheap money that was “cannibalizing” poorer countries such as her own, forcing them to act to protect struggling local industries.

• Monday, February 27th 2012 - 04:29 UTC

  Blaze destroys Brazilian Antarctic base; two dead when generator room exploded

  

  A fire broke out at Brazil's research station in Antarctica on Saturday, killing two navy personnel and forcing the evacuation by helicopter of about 40 other people, the government said.

• Tuesday, February 21st 2012 - 04:36 UTC

  Rousseff promises fiscal and credit stimuli to promote exports and innovation

  

  Brazilian president Dilma Rousseff said the government will implement fiscal and credit access measures to stimulate production and exports with the purpose of gaining competitiveness in a global context of crisis.

• Friday, February 17th 2012 - 01:22 UTC

  Rousseff names controversial pro-abortion minister for Women’s affairs

  

  Recently inaugurated Minister for Women policies Eleonora Menicucci has raised eyebrows in chauvinistic Brazil after having publicly admitted to two abortions and bi-sexual experiences

• Friday, February 10th 2012 - 03:58 UTC

  Police strike shows security remains main challenge for Brazil’s world events

  

  Hundreds of striking police officers ended their 10-day occupation of a state assembly house in Brazil's third-biggest city, easing tensions in a walkout that unleashed a bloody crime wave and threatened upcoming carnival celebrations.

• Friday, February 3rd 2012 - 23:04 UTC

  Brazil follows Argentina: sets up a special unit to monitor and control imports

  

  Following on Argentina’s track the Brazilian government created a special unit to monitor and control imports in the framework of the country’s new trade policy implemented by the administration of President Dilma Rousseff.