Tags Rousseff Administration

Tag: Rousseff Administration

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The interim government of Brazil estimates that the primary budget deficit will reach R$170.5 billion in 2016, approximately 2.5 percent of the country’s GDP. The new estimate is a...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Supreme Court in Brazil has decided to accept the request of an annulment of the nomination of Wellington Cesar Lima e Silva to the position of Justice Minister in...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In addition to the on-going impeachment discussions in Congress and the Lava-Jato (Carwash) mega corruption scandal disrupting the economic and political scenario in Brasilia, this week President Rousseff’s PT party...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In an effort to reduce government spending and improve the Administration’s cost efficiency, Brazil’s Planning Minister, Nelson Barbosa, announced the government’s plans on Monday, August 24th to reduce the number...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Tax exemptions and reductions given by the Brazilian government to major industry sectors were greatly responsible for the significant decline in federal revenues from January to November which in...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – At least ten of Brazil’s 39 cabinet members resigned on Tuesday, including the country’s Chief of Staff, Aloisio Mercadante, and Justice Minister, Jose Eduardo Cardozo. According to Mercadante the move...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Former Petrobras director, Paulo Roberto Costa, sat for almost three hours in front of a Congressional Committee created to investigate corruption allegations within the state-controlled petroleum giant and said nothing. “I...
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