Elections 2014

VICE News

SÃO PAULO — Two court rulings in two days have raised the real possibility that Brazil’s already beleaguered president, Dilma Rousseff, could face impeachment proceedings.

The most immediate challenge comes from Wednesday’s ruling by Brazil’s top audit court that the government manipulated its 2014 accounts. The court said the book-cooking was aimed at covering up a widening fiscal deficit in order to justify maintaining social spending ahead of Rousseff’s narrowly-won reelection last October.

Rousseff summoned ministers to a meeting on Thursday to discuss the judgment’s implications.

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VICE News

SÃO PAULO — Five years ago, the United States Supreme Court delivered a decision in the case of Citizens United v. Federal Election Commission that allowed corporations to devote virtually unlimited funds to political campaigns, provided that they were spent independently of candidates and political parties.

On Thursday, a ruling by Brazil’s Supreme Federal Court did the exact opposite, prohibiting businesses from financing campaigns in a move that has been hailed as crucial to the fight to rid Brazilian politics of rampant corruption.

Although touted by good governance advocates as vital to the fight against graft and malfeasance, others believe the development in Brazil will simply force campaign cash under the table.

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Anadolu Agency

SÃO PAULO – Brazilian President Dilma Rousseff vowed to fight corruption, restore economic growth, and put education at the heart of sweeping reforms during an inauguration ceremony on Thursday.

In her 40-minute address, the president acknowledged widespread public dissatisfaction with her government, saying that Brazilians had “sent (her) a message demanding change”, and vowed political reforms and nationwide action on corruption.

Rousseff said her second term in office would follow a simple motto — “Brazil: The Nation of Education” — that would put improving schools and universities, as well as improved access to them, at the heart of her new government.

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Anadolu Agency

SÃO PAULO — Incumbent Brazilian President Dilma Rousseff has been re-elected in one of the tightest and most bitterly-fought Brazilian presidential elections in the country’s recent history.

The results were confirmed to the Anadolu Agency by Brazil’s Supreme Electoral Court on Sunday evening.

With over 99 percent of votes counted in the second-round presidential vote, Rousseff has 51.6 percent of the vote, beating rival Aécio Neves, who got 48.4 percent.

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Al Jazeera America

SÃO PAULO — Brazilians will elect a president in a closely contested runoff election on Sunday. “There are two proposals on the table in this election,” said incumbent Dilma Rousseff in her final remarks during last week’s televised debate.

Her centre-right challenger, Aécio Neves, echoed the line, shoehorning as much space as possible between their two visions. In reality, Brazilians have one proposal before them, with two slightly different versions to choose from.

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Anadolu Agency

SÃO PAULO — Brazil’s key stock exchange index and national currency both sank on Tuesday morning, a day after new surveys showed President Dilma Rousseff had overtaken rival Aécio Neves in the polls.

In the first minutes of trading, the Ibovespa plunged more than 2,300 points, or 4.4 percent, with state energy companies Petrobras and Eletrobras suffering the biggest losses.

The real also suffered a sharp fall, opening at 2.464 against the dollar but within minutes weakening to 2.50.

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Anadolu Agency

SÃO PAULO — Disappointing levels of investment, confidence and competitiveness means Brazil’s economy will barely grow this year, according to a key report by the International Monetary Fund published on Tuesday.

The October edition of the global lender’s flagship World Economic Outlook report slashed its July estimate of 1.3 percent to 0.3 percent, which, if confirmed, would be the second worst performance by the Latin American economic powerhouse since 1998.

Currently the world’s seventh economy, Brazil should grow more in 2015, the report says, but still less than previously predicted, revising down a previous estimate of 2.0 percent to 1.4 percent.

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Anadolu Agency

SÃO PAULO — The remaining two candidates in the Brazilian presidential race met with campaign teams on Monday to plan negotiations to secure rivals’ supports and redraw political battle lines ahead of the runoff on 26 October.

Sunday’s first-round vote saw incumbent and leftist Workers’ Party candidate President Dilma Rousseff take 41.5 percent of valid votes, but center-right Brazilian Social Democracy Party candidate and market favorite Aécio Neves performed unexpectedly well, finishing in second with 33.6 percent, forcing a fourth consecutive runoff between the two parties.

Former environment minister Marina Silva, running for the Brazilian Socialist Party (PSB), placed third with 21 percent of support, meaning elimination from the race.

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