President Rousseff Announces Cabinet For Second Term

President Rousseff Announces Cabinet For Second Term

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President Dilma Rousseff of Brazil announced on Tuesday, December 23rd, thirteen new cabinet members for her second term, which begins on January 1st. In November Rousseff had already named her economic team, and the President is expected to release the name of the other cabinet […]

Mercosur Partners Discuss Entry of Bolivia in Bloc

Mercosur Partners Discuss Entry of Bolivia in Bloc

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 47th Mercosur Summit (Common Market of the South) starts on Wednesday, December 17th, with leaders of Brazil, Argentina, Paraguay, Uruguay and Venezuela discussing among other things the entry of Bolivia as the newest member of the group. The governments of Brazil, Venezuela, Uruguay and […]

Decisive Week in Brazil for Top Petrobras Executives

Decisive Week in Brazil for Top Petrobras Executives

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – This will be a decisive week for top executives at Brazil’s oil giant Petrobras, say analysts, as additional reports reveal that directors and even the company’s president, Maria das Graças Foster, have known for years that some of the company’s key directors were receiving bribes. […]

Defeated Candidate Aecio Neves Reclaims Senate Seat

Defeated Candidate Aecio Neves Reclaims Senate Seat

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Defeated presidential candidate Aecio Neves of the PSDB (Social Democracy Party) returned to Congress on Tuesday to reclaim his senator’s seat, pledging to be a strong opposition force in the Senate and demand that President Dilma Rousseff keep her campaign promises. “I will lead a […]

Major Policy Shifts in Next Rousseff Term Unlikely

Major Policy Shifts in Next Rousseff Term Unlikely

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President Dilma Rousseff’s narrow victory in last Sunday’s presidential elections has reduced the hopes of economic analysts that in the next four years the government will produce the economic policy reforms Brazil needs to restore investor confidence and resume economic growth. “Growth in Ms. Rousseff’s […]

Brazil’s Central Bank Increases Interest Rate

Brazil’s Central Bank Increases Interest Rate

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprising move Brazil’s Central Bank (CB) Copom (Monetary Policy Committee) increased the Selic (benchmark interest rate) by 25 basis points to 11.25 percent on Wednesday afternoon, taking the rate to its highest level since November 2011. The last time the Copom increased the […]

Challenges Faced by Brazil’s Rousseff in 2nd Term

Challenges Faced by Brazil’s Rousseff in 2nd Term

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The incumbent President of Brazil, Dilma Rousseff, won Sunday’s election by a very small margin, leading some political analysts to believe that she will have a difficult time in approving in Congress austerity reforms needed to restore international credibility while still trying to meet demands […]

Brazil’s Stock Market Tumbles With Rousseff Re-Election

Brazil’s Stock Market Tumbles With Rousseff Re-Election

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s stock market (Bovespa) tumbled on Monday, as the financial market reacted negatively to the re-election of incumbent president Dilma Rousseff on Sunday, falling by as much as 6.18 percent during the morning trading hours and closing down by 2.77 percent, at 50,503 points. “The […]

Dilma Rousseff Re-Elected as Brazil’s President

Dilma Rousseff Re-Elected as Brazil’s President

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Incumbent President Dilma Rousseff won re-election on Sunday by a straight margin over opposition candidate Aecio Neves. With 99.7 percent of votes counted Rousseff obtained 51.6 percent of the valid votes while Neves received 48.4 percent. According to the TSE (Brazil’s Electoral Court) twenty percent […]

Voters Go to Polls Today to Elect Next President in Brazil

Voters Go to Polls Today to Elect Next President in Brazil

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The last voter intention polls conducted by Datafolha and Ibope before Sunday’s Presidential elections give Brazil’s incumbent President Dilma Rousseff of the PT (Workers Party) a slight lead over PSDB (Social Democracy Party) candidate Aecio Neves. Datafolha has Rousseff with 52 percent of the […]

1 2 3 17