Brazilian President Lula da Silva has said he will not make a decision on a multi-billion-dollar jet fighter purchase before stepping down on January 1, state media reported.
Brazil's president-elect on Friday named as her chief of staff a former aide to President Lula da Silva who was forced to resign as Finance minister in 2006 amid a corruption scandal.
Brazilian president-elect Dilma Rousseff has confirmed President Lula da Silva’s international affairs special advisor Marco Aurelio García in his post, another clear signal that the incoming administration wants to continue with the “good neighbour” policy towards Latinamerica and such organizations as Mercosur and Unasur.
Brazil Finance minister Guido Mantega is proposing a “dehydrated” inflation index with the purpose of reducing interest rates faster under the incoming administration of president-elect Dilma Rousseff, reports the influential O Estado de Sao Paulo.
Brazilian president-elect Dilma Rousseff press office announced Thursday that economist Alexandre Tombini will be the next president of the central bank; economist Guido Mantega will continue as Finance minister and engineer Miriam Belchoir coordinator of PAC (program to bolster growth) will become Planning and Budget minister.
Brazilian president-elect Dilma Rousseff gathered information and advised guerrilla groups bank hold-ups in the sixties when the country was ruled by a military dictatorship according to reports published Friday in O’Globo media group.
Brazilian central bank president Henrique Meirelles will not accept any invitation to remain as head of the bank unless president-elect Dilma Rousseff gives him full guarantees of “absolute autonomy” in running the institution. He also rejects the idea of holding on the job during the first quarter of 2011 until a definitive successor is named.
Brazilian president-elect Dilma Rousseff must inject more life to the institutional strength of Mercosur and the Union of South American Nations, Unasur, and then push for integration with Central America and the Caribbean, said Marco Aurelio García, President Lula da Silva advisor on foreign affairs.
Brazilian president-elect Dilma Rousseff admitted her administration would take all the necessary measures possible to prevent the Brazilian Real from increasing its value vis-à-vis the US dollar, according to reports from the Sao Paulo press that interviewed the successor of President Lula da Silva in the recent G-20 summit in Korea.
The Washington Post in one of this week’s editorials referred to the ‘transition process’ going on in South America’s two largest economies, Argentina and Brazil, after almost a decade of populist leadership.