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Montevideo, May 2nd 2024 - 18:06 UTC

Tag: Michel Temer

  • Monday, February 12th 2018 - 16:01 UTC

    Temer talks of “diplomatic confrontation” with Maduro over exodus of Venezuelans

    An estimated 40,000 refugees have arrived since last year, straining public services in the city of Boa Vista.

    Brazilian President Michel Temer criticized the government of neighboring Venezuela for leading that country into a crisis that is causing an exodus of refugees into northern Brazil. Brasilia has called for democratic reforms by Venezuelan President Nicolas Maduro, who has consolidated power as his country’s economic crisis deepens with shortages of food and medicine.

  • Monday, February 12th 2018 - 15:56 UTC

    Federal Police chief questioned for comments denying alleged bribery involving president Temer

    Justice Luis Barroso said Segovia talked about an investigation yet to be concluded, in a way that put pressure and threatens the autonomy of the federal police

    Brazilian Supreme Court Justice Luis Barroso asked for the head of the Federal Police to clarify comments he made in a Reuters interview published a day earlier regarding an investigation of President Michel Temer.

  • Thursday, February 8th 2018 - 09:17 UTC

    Brazil's central bank beats inflation and recession: eyes now on the presidential election

    The central bank lowered the Selic rate by 0.25 percentage point, its 11th consecutive cut aimed at helping Brazil emerge from a stifling two-year recession.

    Brazil’s central bank cut its benchmark interest rate on Wednesday to a new low of 6.75%, but hinted it was now done with a historic easing cycle. The bank lowered the Selic rate by 0.25 percentage point, its 11th consecutive cut aimed at helping Latin America’s largest economy emerge from a stifling two-year recession.

  • Wednesday, February 7th 2018 - 09:35 UTC

    Another Temer minister appointment on the cliff

    Cristiane Brasil, the government’s would-be labor minister, has twice had her appointment blocked by courts over her conviction for violating labor laws.

    With Brazil’s unpopular government battling to hold together a congressional coalition, President Michel Temer has been unlucky with his pick of cabinet ministers. Seven quit or were fired in his first year in office, four of them following allegations of wrongdoing. Among them, Geddel Vieira Lima, who was eventually arrested after police identified his fingerprints in an apartment filled with US$16 million in cash.

  • Wednesday, January 31st 2018 - 09:06 UTC

    Pension reform dispute between Brazil's Executive and Congress

    Congress leader Maia and Temer disagree regarding the better moment to vote the pension reform in the House.

    Brazilian Finance Minister Henrique Meirelles said on Monday that although there may be differences in strategy between president Michel Temer and the speaker of the House of Representatives, Rodrigo Maia, everyone's goal is to ensure the approval of the pension reform.

  • Tuesday, January 30th 2018 - 09:49 UTC

    Surprise shock for Lula: praise from Temer, “he's a very charismatic figure”

    “He's a very charismatic figure. There's a reason he's leading opinion polls”, Temer said on Radio Bandeirantes. “I don't think he's dead.”

    Brazil's popular but scandal-plagued leftist ex-president Luiz Inacio Lula da Silva got an unlikely morale boost on Monday from a political nemesis, current President Michel Temer. Lula easily leads the polls heading to October's presidential election but his dream of returning to office was left in doubt last week after an appeals court upheld an earlier corruption conviction against him.

  • Wednesday, January 24th 2018 - 09:21 UTC

    Brazil's General Prosecutor invited to UK to discuss combating modern slavery

    Ms Dodge will hold meetings with peers to exchange judiciary experiences, and on human rights with the British Supreme Court president Baroness Hale.

    Brazil's General Prosecutor of the Republic Raquel Dodge, is currently in London for a three-day visit sponsored by the UK government with the purpose of deepening and strengthening the leadership of both countries in the struggle against slavery.
    Ms Dodge is accompanied in her mission by UK ambassador in Brazil, Vijav Rangarajan.

  • Monday, January 22nd 2018 - 23:26 UTC

    No matter what, Brazil's 2018 election will be controversial

    Lula could be barred from the 2018 election. Photo: Ricardo Stuckert/IL

    Brazil will head to the polls on October 7 in what is set to be the most polarizing presidential race in living memory. While the final ballot is beginning to take shape, there is still a question mark over the candidacy of former president Luiz Inácio Lula da Silva (Workers’ Party), who may be ineligible to run after his impending appeals court decision on charges of corruption. The imbroglio surrounding Lula guarantees that however the 2018 election turns out, both sides will feel they have reason to call foul play.

  • Friday, January 19th 2018 - 09:13 UTC

    China poured US$ 21bn into Brazil in 2017 taking advantage of recession asset prices

    Brazil expects Chinese investment to continue increasing this year as asset prices remain low after the recession that ended last year but economic growth picks up.

    China invested US$20.9 billion in Brazil in 2017, the most since 2010 as a recession helped push down asset prices and attracted investors, according to Brazil’s planning ministry.The energy, logistics and agriculture sectors drew the most Chinese capital, including investments in Brazil’s rich pre-salt oil fields and China’s State Power Investment Corp US$2.25 billion deal to operate the São Simão hydropower plant.

  • Tuesday, January 16th 2018 - 09:34 UTC

    Economic activity in Brazil expands for third month running

    Brazil’s GDP likely grew 1% last year, snapping a two-year period of contraction as slow inflation and record low interest rates propped up consumer spending.

    Economic activity in Brazil expanded for a third straight month in November, the longest stretch of gains since 2014, suggesting strong momentum at the end of the year. The central bank’s economic activity index rose 0.49% from October after seasonal adjustments