The Brazilian congressional opposition promised to block legislative work in both Houses until the government accepts the creation of a Special Investigation Commission, CPI, to look into alleged corruption practices in several ministries from the administration of President Dilma Rousseff.
Brazilian former president Lula da Silva came out in full support of the latest cabinet reshuffle by President Dilma Rousseff who sacked the Minister of Defence Nelson Jobim following some derogatory remarks about the cabinet chief and the head of institutional relations (mainly with Congress).
Brazil reiterated its intention of banning all Falklands’ flagged vessels from calling at the country’s ports and described as “illegal” the current round of oil exploration in the Islands’ waters.
Brazil is prepared for the event of a United States default if no agreement is reached in the US congress on the debt ceiling and will also implement a 30 billion dollars tax relief program to prop Brazilian industry competitiveness, announced Finance minister Guido Mantega.
South America’s top economic and monetary authorities will be meeting in Lima and later in Buenos Aires to agree on “joint and specific actions” to address the flush of global liquidity distorting regional currencies and of unsold manufactured goods threatening jobs and industry.
Argentina and Brazil reaffirmed on Friday their strategic alliance and commitment to Mercosur and regional integration during a summit in Brasilia, where President Cristina Fernández de Kirchner together with her Brazilian peer Dilma Rousseff inaugurated the new Argentine Embassy in the Brazilian capital.
Brazilian former president Lula da Silva criticized rich countries for their roll on the current economic crisis that has been changing the world’s economic map and once again came out forcibly in support of President Dima Rousseff.
The Brazilian Executive is “playing with fire” in the way it addresses relations with other partners of the ruling coalition warned the Party of the Republic (PR) which is threatening to join the opposition conditioning the government’s majority in Congress.
Former Brazilian leader Lula da Silva said President Dilma Rousseff managed the latest political crisis in the cabinet ‘correctly’ and is proving she has the capacity to lead “in this and in all situations”.
The construction of four diesel powered Scorpene-class attack submarines for the Brazilian Navy was launched on Saturday at a plant near Rio de Janeiro.