Tag: Workers' Party (Brazil)

• Saturday, March 26th 2016 - 07:03 UTC

  Mercosur and Unasur can't agree on a statement of support for Dilma Rousseff

  

  The attempt by Uruguay to draft a strong Mercosur and Unasur resolution in support of embattled Brazilian president Dilma Rousseff has foundered. Argentina is only prepared to express support for Brazil's institutions while Chile and Paraguay have balked at the idea of personalizing the issue in Rousseff and her Workers Party.

• Saturday, March 19th 2016 - 06:40 UTC

  Lula takes to the streets claiming there's a coup, but he is no match to the over three million of Sunday

  

  Brazilian President Dilma Rousseff's supporters took to the streets on Friday to fight back at attempts to oust her, as a flurry of court battles raged over her controversial cabinet appointment of predecessor Lula da Silva. Waving the red flags of the ruling Workers' Party, (PT) tens of thousands of demonstrators took to the streets in the country's largest city, Sao Paulo, greeting Lula with thunderous cheers when he was hoisted onto a parked truck to address the crowd.

• Wednesday, March 9th 2016 - 05:14 UTC

  Construction tycoon sentenced to 19 years in prison for Petrobras corruption scandal

  

  Brazilian construction tycoon Marcelo Odebrecht, 47, was sentenced Tuesday to 19 years in prison for corruption and money laundering in the giant Petrobras embezzlement scandal shaking Latin America's biggest country Petrobras in what prosecution has identified as Operation Car Wash.

• Tuesday, March 8th 2016 - 07:00 UTC

  With Lula a weakened myth, Rousseff is fighting for her political life on several fronts

  

  Brazilian President Dilma Rousseff is fighting for her political life in Congress, the courts and streets this week, but her path to survival has got ever narrower, analysts said on Monday. Rousseff faces impeachment proceedings over alleged fiscal mismanagement, while the Supreme Electoral Court is considering possible campaign funding irregularities that could end up annulling her 2014 reelection.

• Thursday, March 3rd 2016 - 05:35 UTC

  Brazilian company admits, in plea bargain, illegal payments to Rousseff presidential campaign

  

  Executives from Brazil's second-largest engineering company, Andrade Gutierrez have testified that the company paid suppliers for President Dilma Rousseff's 2010 electoral campaign off the books, newspaper a Folha de S.Paulo reported on Tuesday.

• Friday, February 26th 2016 - 06:55 UTC

  Petrobras scandal becomes a mincing machine for the political system

  

  Petrobras corruption investigation keeps gobbling Brazilian president Dilma Rousseff former cabinet members, but also political figures from other leading political parties. On Wednesday the Supreme Court authorized formal investigations into Rousseff’s former chief-of-staff, as well as the mayor of the country’s largest city and an opposition senator, for potential corruption.

• Saturday, January 30th 2016 - 13:11 UTC

  Petrobras plans to slash 30% of management jobs in non-operating areas

  

  As Brazil struggles with a corruption scandal in which executives and politicians face investigations of alleged bribery, Brazil’s state-run oil company Petrobras announced it will slash management jobs as part of an efficiency drive approved by its board of directors.

• Saturday, January 23rd 2016 - 09:01 UTC

  Rousseff eyeing foreign reserves to boost economy and cash strapped government

  

  President Dilma Rousseff said on Friday that her cash-strapped government could consider tapping into Brazil's sizeable foreign reserves at a given moment, an idea that troubles investors already worried about the country's economic decline.

• Friday, January 22nd 2016 - 07:05 UTC

  Lula furious over bribe allegations says he's the most honest man in Brazil

  

  Brazil's ex president Lula da Silva declared that there is “no more honest living soul in the country” than him, as he angrily rejected new corruption allegations linking himself and some of his relatives to the corruption scandal involving state-run oil company Petrobras.

• Wednesday, January 20th 2016 - 08:06 UTC

  Rousseff's impeachment chances dying out as main ally is strongly divided on the issue

  

  President Dilma Rousseff’s opponents in the fractious Brazilian Democratic Movement Party (PMDB) are losing hope that they can impeach the leader and replace her with their man, Vice-President Michel Temer.