Tag: Michel Temer

• Monday, May 16th 2016 - 06:15 UTC

  Temer government considering selling stakes of state controlled assets

  

  Brazil's government is considering selling stakes in state-controlled assets including its postal company as well as holdings in transport, power and insurance firms in a bid to raise capital and streamline the public sector, a newspaper reported on Sunday.

• Monday, May 16th 2016 - 06:01 UTC

  Brazil's Jewish community supports Temer; hopeful of normalization of relations with Israel

  

  The elevation of a centrist vice president, Michel Temer, as Brazil’s president amid the impeachment process of Dilma Rousseff is expected to result in a less strained relationship between Brazil and Israel, as well as its Jewish community, Jewish leaders in Sao Paulo said.

• Monday, May 16th 2016 - 05:46 UTC

  Brazil warns neighbors about “propagating falsehoods over the internal political process”

  

  Brazil's interim government dismissed criticism by populist countries in Latin America, including Venezuela, Cuba and Bolivia, over the impeachment process of Dilma Rousseff, who was suspended as president by the senate.

• Saturday, May 14th 2016 - 09:09 UTC

  Temer's team confident it has the political support to implement tough measures

  

  Brazil's interim government said on Friday it has the political support for tough measures needed to return the economy to growth and can secure a permanent mandate once populist President Dilma Rousseff's impeachment trial is over. Presidential Chief of Staff Eliseu Padilha said the incoming government understood it was only provisional for now and had ordered portraits of Rousseff to be left hanging in federal buildings.

• Friday, May 13th 2016 - 06:58 UTC

  Temer cabinet: inflation hawk in Finance and an anti-populist in foreign affairs

  

  Brazilian acting President Michel Temer on Thursday chose leading figures from nine centrist and conservative parties for his Cabinet, which for the first time in decades has no female ministers.

• Friday, May 13th 2016 - 06:46 UTC

  Temer calls on Brazil to rally behind the “national salvation” government

  

  Brazil's acting President Michel Temer called on his country to rally behind his government of “national salvation” hours after the Senate voted to suspend and put on trial his populist predecessor, Dilma Rousseff, for breaking budget laws.

• Friday, May 13th 2016 - 06:13 UTC

  US confident Brazil will address political challenges according to constitutional principles

  

  United States continues to follow political development in Brazil and is confident that the country will work through its political challenges democratically in accordance with its constitutional principles, said the State Department spokesperson on Thursday in reply to a question on current events in Brasilia.

• Thursday, May 12th 2016 - 08:53 UTC

  Goldfajn considered the most probable candidate for Brazil's central bank

  

  Brazil's Vice President Michel Temer could wait until June to appoint a new central bank chief if he takes over the reins of power this week, as part of a gradual transition to replace the bank's eight-member board, his spokesman said on Wednesday.

• Thursday, May 12th 2016 - 08:37 UTC

  Senate votes to remove Rousseff, but the target number is 54, two thirds of the upper house

  

  A clear majority of Brazil's Senate indicated on Thursday it will vote to put President Dilma Rousseff on trial for breaking budget laws, signaling the end of 13 years of rule by the populist Workers Party in Latin America's largest nation.

• Wednesday, May 11th 2016 - 09:59 UTC

  Rousseff clears her office; full Senate votes to suspend the president

  

  Brazilian President Dilma Rousseff has packed up personal photos and stripped the shelves in her third-floor office in the Planalto presidential palace, a sign she is accepting the loss of her job in a Senate vote on Wednesday.