Former Brazilian president Lula da Silva recommended European Union leaders to stop discussing balancing budgets and recapitalization of banks and find a solution to the current crisis through more economic growth, more trade and more jobs.
Brazil's government presented a plan on Wednesday for dividing up oil royalties among states, a crucial step in advancing its effort to tap deepwater reserves it hopes will turn the country into a major crude exporter.
US ambassador in Brazil Thomas Shannon said the country suffered from “extended corruption” according to a diplomatic cable a year and a half ago referred to former president Lula da Silva administration and which was recently released by Wikileaks.
Former Brazilian president Lula da Silva and undisputed leader of the ruling Workers Party said on Friday that President Dilma Rousseff will be governing Brazil for the next eight years and announced he’s stepping down from any further presidential aspiration in 2014.
Former Brazilian president Lula da Silva blasted the developed countries lack of political initiative to face the economic crisis and suggested they adopt a strategy similar to Brazil’s.
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).
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.
Former president Lula da Silva described as ‘nonsense’ the biblical statement that the poor will be “blessed with treasure in heaven” and strongly supported the policies of his government (2003/2010) which helped millions in Brazil lift from poverty.
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”.