Brazil's President Jair Bolsonaro has issued a decree ordering all federal agencies to cut down electricity consumption between 10 and 20% from September to April 2022, in the face of an unprecedented shortage in supply from less expensive sources.
Former Brazilian President Fernando Henrique Cardoso (FHC) defended the alliance of political forces to oppose authoritarianism in a newspaper interview marking his 90th birthday, Friday, June 18.
Former Brazilian presidents Fernando Henrique Cardoso and Lula da Silva signed a statement in which they support Argentina's position in the Mercosur controversy regarding a flat unilateral tariff reduction as sponsored by president Jair Bolsonaro, with the backing of Uruguay, but rejected by President Alberto Fernandez.
Former Brazilian Presidents Fernando Henrique Cardoso (FHC) (1995-2002) and Luiz Inácio Lula Da Silva (2003-2010) Friday shocked the country's political arena by holding a key meeting during which they agreed to support the latter in next year's elections against the incumbent Jair Bolsonaro.
Former Brazilian President Fernando Henrique Cardoso (1995-2002) said in a newspaper interview that Jair Bolsonaro wanted to take on ex-President Lula da Silva in the next elections. And he would beat him.
Three ex Brazilian presidents are holding talks on the future of the country following what seems the inevitable outcome of the current political situation with deep differences between the political system and the Judiciary.
Brazilian government would like to block Venezuela from taking the rotating presidency of Mercosur later this month, a move to further debilitate Venezuelan president Nicolas Maduro's power, according to Planalto sources close to interim president Michel Temer, who admitted the proposal has yet to be discussed with other members.
Former Brazilian energy minister Pedro Parente has been named by acting President Michel Temer as the new CEO of state-run oil giant Petrobras. Parente was picked Thursday to replace Aldemir Bendine, an appointee of now suspended President Dilma Rousseff. The new Petrobras CEO was working as chairman of Sao Paulo-based financial bourse BM&FBovespa.
Embattled Brazilian President Dilma Rousseff canceled a scheduled address to the nation on Friday night, ahead of a looming impeachment vote in the lower house of Congress. The lower house will vote Sunday on whether Rousseff should be impeached by the Senate for allegedly breaking financial laws.
Brazilian former president Fernando Henrique Cardoso, (1995/2002) said that the serious economic situation faced by Brazil is very complex, will take time to overcome and most surely the impact will be felt in neighboring Uruguay, a country which must target other markets, other economic spaces.