Brazil's lower house of Congress on Wednesday approved the text of a bill granting the central bank autonomy, which will set fixed four-year terms for the bank's president and directors, and tighter rules on their exit from office.
Brazilian President Michel Temer is endorsing another party’s candidate as well as his own in October’s presidential election. On the day the campaign took off, Temer said in an interview published on Thursday by the Folha de S.Paulo newspaper that he sees former Sao Paulo Gov. Geraldo Alckmin of the Brazilian Social Democracy Party as a candidate who would carry on with his work.
Henrique Meirelles, a former finance minister in unpopular President Michel Temer's government, joined Brazil's presidential race on Thursday, promising market reforms to rebuild the battered economy.
Brazilian President Michel Temer scrapped plans to run for re-election on Tuesday and said he supported his former finance minister, Henrique Meirelles, to stand as the presidential candidate of the ruling Brazilian Democratic Movement (MDB).
Brazilian President Michel Temer has officially nominated eleven new ministers, the government's official bulletin said, giving continuity to the government's reform program ahead of the general elections in October.
More than one-third of the ministers in Temer’s cabinet are expected to resign this week to campaign in the 7 October general elections. The most outstanding figure of the lot is Finance minister Henrique Meirelles who is tipped to become the ruling PMDB presidential candidate, following his success in putting the Brazilian economy back on a growth track.
Brazil's Finance Minister, Henrique Meirelles, will step down from the government this week and join the ranks of the ruling Brazilian Democratic Movement Party, senior government officials said. The news of Meirelles' move was broken by the government's chief of staff, Eliseu Padilha.
Incumbent president Michel Temer and candidates for this year's elections Henrique Meirelles (PSD), Manuela d'Avila (PCdoB), Marina Silva (Rede), Guilherme Boulos (PSOL) and Geraldo Alckmin (PSDB) Wednesday condemned the attack against the caravan of former President Luiz Inacio Lula da Silva (PT) in the south of the country.
Support for a presidential run by Brazil Finance Minister Henrique Meirelles is gaining strength within the country’s largest party and he could be nominated over President Michel Temer for the October presidential race, party officials said.
Finance Minister Henrique Meirelles said on Wednesday that he is focused on Brazil’s economic recovery and not thinking at this time of running for president in the October election, though he might consider a bid in April.