Rousseff

VICE News

SÃO PAULO — Over the past year, Brazil’s President Dilma Rousseff has weathered waves of criticism over government fraud, financial mismanagement, and bloated public spending on infrastructure projects for mega sporting events like last year’s World Cup — and the outlook hasn’t improved since her narrow re-election last October.

A sagging economy and the biggest corruption scandal to ever hit the country have pummeled Rousseff’s popularity to its all-time lowest level, according a Datafolha poll released on Wednesday, with 62 percent of those surveyed describing their assessment of the president as “bad” or “terrible.” Only 13 percent thought highly of her. Read Full Article

Anadolu Agency

SÃO PAULO — Brazil’s Supreme Court on Friday released the names of senior politicians it has authorised prosecutors to investigate for their alleged roles in a multi-billion-dollar corruption scandal at state-run oil giant Petrobras.

Supreme Court minister Teori Zavascki granted investigations into 47 politicians, including 12 acting senators and 22 acting deputies, under Operation Lava Jato, or Car Wash, that is probing the vast alleged kickback scheme.

Some of Brazil’s top politicians — including acting and former congressional leaders, senators, deputies, ministers, governors, and even a former president — could now face prison sentences, if tried and convicted.

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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 — Moody’s Investors Service changed its outlook on Brazil’s government bond rating from “stable” to “negative”, according to a company report released on Tuesday.

The New York-based ratings agency said Brazil’s “sustained low growth” and “worsening debt metrics” all contributed to a risk of reduced creditworthiness, which could “trigger a downward migration in its credit rating”.

“Moody’s expects that Brazil’s economy will continue to record low growth, and estimates that annual GDP [gross domestic product] increases are likely to remain below the country’s potential of around three percent,” the ratings agency said.

The company said it expected economic growth to expand by “less than one percent in 2014 […] the lowest annual rate since 2009” and that next year would see growth “below the two-percent mark.”

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Anadolu Agency

SÃO PAULO — A second debate between Brazil’s top presidential candidates on national TV on Monday showed the race for the presidency is now one to be fought between incumbent president Dilma Rousseff and environmentalist Marina Silva, according to a key political analyst.

Broadcast on the public SBT television channel, Brazil’s seven top presidential candidates took each other to task over hot-button topics in a debate dominated by the economy.

Previously seen as a battle between Rousseff and former Minas Gerais governor Aécio Neves, Monday’s debate appeared to mark a turning-point in the race, recently upended by the dramatic entry of Silva, a former senator and environment minister, as a presidential candidate.

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Anadolu Agency

SÃO PAULO – The Brazilian economy has fallen into recession a little more than a month before the country’s general elections, according to figures released on Friday by Brazil’s national statistics agency, the IBGE.

Economic output fell 0.6 percent in the second quarter of 2014, compared to the first quarter, the agency said.

Previous figures indicated that the GDP had grown 0.2 percent between January and March, but the revised numbers show the economy had actually shrunk 0.2 percent in the first quarter, signaling a technical recession – defined as two consecutive quarters of negative growth.

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Anadolu Agency

SÃO PAULO — An open-air funeral service for Brazilian presidential candidate Eduardo Campos drew over 100,000 people onto the streets of the northeastern city of Recife, capital of the Pernambuco state, on Sunday, local media say.

Archbishop Dom Fernando Saburido led the public mass service as thousands filed past Campos’s coffin in the gubernatorial Princesses’ Field Palace, where he lay in state along with two members of his entourage who also perished in Wednesday’s plane crash.

In a highly-politicised event, dozens of senior politicians from across the political spectrum headed to Recife to pay their final respects to the former Pernambuco state governor, including his two main rivals for the presidency, the incumbent president, Dilma Rousseff, and Minas Gerais senator Aécio Neves.

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