The Brazilian government is considering reviving a financial transaction tax known as CPMF in a bid to shore up its finances in 2016, but the initiative apparently does not have sufficient support in Congress and President Dilma Rousseff's main coalition ally, PMDB, is not willing to make the presentation.
Former two-term President Lula da Silva acknowledged Friday that he is weighing the possibility of seeking to return to Brazil's highest office in the 2018 elections. ”I can't say that I am or that I'm not (a candidate),” Lula said during an interview with Radio Itatiaia.
Former Brazilian president Lula da Silva, if he decided to run again in 2018 as his Workers Party insists, would lose the presidential contest against any of three potential candidates from the leading opposition party, PSDB, (Brazilian Social Democracy) according to a public opinion poll released this week.
Brazilian President Dilma Rousseff's approval ratings have struck rock bottom with nearly seven out of ten Brazilians in favor of having Congress begin impeachment proceedings against the beleaguered leader of Latin America's largest economy, according to the latest opinion poll release. A nationwide rally calling her for resignation is planned for August 16.
Brazil's top prosecutor, who has put dozens of politicians under investigation for allegedly taking bribes in the Petrobras corruption scandal, has won the backing of his peers to stay on the job for two more years.
Brazilian police on Monday arrested former government minister Jose Dirceu, one of the most senior members of the ruling Workers' Party to be detained so far in a corruption scandal engulfing state-run oil company Petrobras.
Prosecutors in Brazil have announced a probe into possible influence peddling by former president Lula da Silva, involving the construction firm Odebrecht which is one of Latin America's largest engineering company. The investigation will center on Lula's alleged use of his clout after leaving office to help scandal-ridden construction giant Odebrecht land billion-dollar contracts in Latin America and Africa.
Brazilian President Dilma Rousseff said in an interview published Tuesday in the daily Folha de Sao Paulo that there's no reason she should be ousted, so she has no fear being removed. Rousseff went further and accused certain sectors of the opposition of being a bunch of coup mongers.
Brazil' former president Fernando Henrique Cardoso said on Sunday addressing his party's convention, the main opposition force in the Brazilian congress, that the PSDB was ready 'to clear the country of its problems' and accused leader Lula da Silva and the ruling Workers Party (PT) of bankrupting Brazil.
Brazil's leading political commentator and O Globo columnist, Ricardo Noblat is forecasting that president Dilma Rousseff will not conclude her four-year mandate and could very well be out of office by next October.