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By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Minister of External Relations Antonio Patriota has reiterated demands for urgent clarifications from the United States over allegations that the National Security Agency (NSA) – the country’s communications surveillance agency –...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 2012 growth forecast for the Brazilian economy has been cut for the third consecutive week by market analysts, falling dramatically from the previous estimate of 1.5 percent to just 1.27...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Finance Minister Guido Mantega has chided Western central banks over money-printing and other stimulus measures, and warned that Brazil could impose taxes on speculative foreign capital to avoid its...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian President Dilma Rousseff is widely expected to unveil a plan to reduce energy bills, for industry and consumers, aimed at helping to stimulate the country’s struggling economy. She has also...
By Luke Milner, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Saturday January 28th, Guido Mantega, the Brazilian Finance Minister, reportedly dismissed Luiz Felipe Denucci Martins, the Head of Casa da Moeda do Brasil (the Brazilian Mint), following accusations that...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - A seventh minister of Brazilian President Dilma Rousseff's government has resigned amid accusations of corruption. Ministro das Cidades (Minister of Cities) Mário Negromonte has been accused of awarding public...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil's Minister for National Integration Fernando Bezerra Coelho has become the latest in a string of President Dilma Rousseff’s ministers to have come under fire following allegations of corruption. The minister...
By Marcelo Duailibe, Contributing Reporter RIO DE JANEIRO, BRAZIL – The finance minister for Brazil, Guido Mantega said yesterday that it may take ten to twenty years for Brazilian citizens to have a standard of living similar to Europe. Commenting...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Yesterday morning President Dilma Rousseff met with with the Labor Minister, Carlos Lupi, to demand an explanation of why he apparently lied about the details of a...
By Sarah de Sainte Croix, Contributing Reporter RIO DE JANEIRO, BRAZIL – Earlier this month, Brazil’s former transport minister, Alfredo Nascimento, resigned following an article in Veja magazine which exposed alleged irregularities in the granting of contracts within the transport...
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