Tag: Michel Temer

• Thursday, September 29th 2016 - 11:23 UTC

  Brazil central bank sees annual inflation targets within arm's reach

  

  Brazil's central bank expects annual inflation to ease below the government's 4.5% target in 2017 after years of hovering well above that goal, leaving the door open for cutting some of the world's highest interest rates as early as October. The bank also held its estimate for an economic contraction of 3.1% in 2016, but it expects the economy to grow 1.3% in 2017.

• Saturday, September 24th 2016 - 08:02 UTC

  Temer links Rousseff's removal with the drastic change in economic policy

  

  Brazilian president Michel Temer addressing business leaders and foreign policy experts in New York earlier this week revealed another twist to the recent political events in the country which led to the impeachment and removal of his elected predecessor Dilma Rousseff.

• Friday, September 23rd 2016 - 09:28 UTC

  Brazilian lawmakers in late night vote fail “to neutralize” Petrobras investigation

  

  President Michel Temer criticized a surprise move by Brazilian lawmakers, including some members of his party and even a cabinet minister, to wipe the slate clean on illegal donations they allegedly received.

• Wednesday, September 21st 2016 - 09:25 UTC

  Temer hails the triumph of democracy and pledges fiscal and social responsibility

  

  Brazil's new president, Michel Temer, told the United Nations on Tuesday that his controversial ascent showed the triumph of democracy. Temer took office on August 31 after the impeachment over accounting irregularities of elected president Dilma Rousseff, whose supporters said Brazil's right-wing forces had staged a bloodless coup.

• Tuesday, September 20th 2016 - 11:14 UTC

  Temer's message to UN: peace, human rights and economic reforms

  

  Twenty days after being confirmed as Brazil’s new president, Michel Temer will deliver his first international speech at the UN´s General Assembly on Tuesday. He is not expected to mention recent political changes in Brazil, and focus rather on new opportunities for foreign investors.

• Tuesday, September 20th 2016 - 09:53 UTC

  Brazil and Uruguay agree on a Mercosur with “a greater open integration”

  

  President Tabare Vazquez confirmed on Monday that Uruguay will continue as “coordinator” of discussions between Mercosur and the European Union to reach a wide ranging trade agreement.

• Monday, September 19th 2016 - 06:44 UTC

  Mercosur controversy moves to New York; Temer-Vazquez to address differences

  

  The Mercosur controversy has moved to New York far away from the spotlights of regional media, since the presidents of the four founding members are scheduled to address the UN General Assembly this week, and are expected to hold a series of meetings on the sidelines of the major global event.

• Friday, September 16th 2016 - 06:55 UTC

  Lula claims corruption charges are targeted to destroy him ahead of 2018 elections

  

  Brazil's former president Lula da Silva defended himself against corruption charges Thursday, saying the case against him was an attempt to destroy him politically ahead of elections in 2018.Speaking a day after prosecutors accused him of masterminding a massive corruption scheme at state oil company Petrobras, the popular leader launched a wide-ranging defense of his career and legacy.

• Tuesday, September 13th 2016 - 09:42 UTC

  Brazilian congress expels lawmaker who engineered Rousseff's impeachment

  

  Two weeks after the removal of Dilma Rousseff as Brazil's president, the lower house of Congress on Monday expelled the lawmaker who engineered her impeachment for lying about secret bank accounts in Switzerland. The once powerful former speaker Eduardo Cunha, who has been charged with corruption by the Supreme Court, was banned from politics for eight years and faces arrest now he has lost his congressional prerogatives.

• Thursday, September 1st 2016 - 07:21 UTC

  Temer promises “new era” and warns he will not tolerate divisions in the ruling coalition

  

  Brazil's new president, Michel Temer, promised a “new era” of government for the crisis-hit country Wednesday, shortly after being sworn in following the impeachment of his predecessor, Dilma Rousseff. Earlier, the Brazilian senate voted 61-20 to remove Rousseff from office for breaking federal budget laws.