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How market-friendly are Brazil's presidential candidates?

Brazil's resilience has been put to the test in the last couple of years. The country has faced its worst economic recession, the impeachment of President Dilma Rousseff, and corruption accusations against its current president, Michel Temer. The 2018 presidential election is set to be the "election


Assets of ex-Brazilian president frozen over Pasadena refinery deal

Associated Press Published 3:01 pm, Sunday, October 22, 2017 A Brazilian court has ordered ex-President Dilma Rousseff's assets frozen in connection with an estimated $580 million loss at state oil company Petrobras resulting from the $1.2 billion purchase of a Pasadena oil refinery. The Oct. 11 ru


Accused of corruption, popularity near zero – why is Brazil's president still in office?

President Michel Temer attends a celebration of small business at Planalto Palace in Braslia earlier this month. He faces charges of corruption, racketeering and obstruction of justice. Photograph: Evaristo Sa/AFP/Getty Images If Brazil's recent decline could be plotted in the falling popularity o


Brazilian court freezes former president Dilma Rousseff's assets over controversial oil refinery deal

Brasilia: Brazil's Federal Court of Accounts (TCU) has frozen former president Dilma Rousseff's assets for her alleged role in a 2006 deal when oil giant Petrobras acquired a refinery in Pasadena in the US state of Texas. The move on Wednesday, approved by the TCU to last for a year, also froze the


Brazil court freezes ex-leader Rousseff's assets over 2006 refinery deal

BRASILIA (Reuters) - Brazil's federal audit court on Wednesday ordered a freeze of former President Dilma Rousseff's assets as well as those of Jose Sergio Gabrielli, ex-head of state-run oil company Petrobras, over a $580 million loss in the 2006 purchase of a Texas refinery. The order also covered


Operation Car Wash: Brazil's endemic corruption laid bare

Presidents, politics and big business have become embroiled in a scandal that has cost the country over 33bn so far A demonstrator in national colours at Copacabana beach in Rio de Janeiro. Photograph: Ricardo Moraes/Reuters It was after 10.30pm on March 7th when a car carrying billionaire Joesley


A Reactionary Wave Points to a Dark Future for Brazil

In March 2013, Dilma Rousseff, then-president of Brazil, boasted 65 percent approval ratings, higher than her predecessors Luiz Incio Lula da Silva and Fernando Henrique Cardoso during the same periods in their governments. According to the pollster Datafolha, Brazilians were optimistic about the ec


Brazil is struggling with scandals and crises, and people there may look to the military for a fix

Brazilian soldiers during a operation after violent clashes between drug gangs in Rocinha slum in Rio de Janeiro, September 22, 2017. Corruption and a weak economy have frustrated Brazilians.Many in the country have expressed waning support for democratic governance.Some Brazilians have even said th


Bolivia's Morales Dismisses Separation of Powers as "Imperialist" Tool amid Reelection Push

Morales suggested that the judicial branch of government for the country should not be independent, pointing to what happened in Brazil as an example, where a corruption case involving former President Dilma Rousseff was dismissed. (Flickr) EspanolBolivian President Evo Morales said that the notion


As corruption scandals spread, Brazil struggles to uphold the rule of law

With the current president Michel Temer under suspicion and two former presidents, Luiz Incio Lula da Silva (Lula) and his successor Dilma Rousseff, now facing fresh corruption charges, Brazil's political crisis is very much still underway. Although widely anticipated by the press and the public, th


BRAZIL: 'Dilma And Lula Knew About Odebrecht's Corruption,' Says Palocci

(RTTNews) - Former Brazilian minister Antonio Palocci said in testimony on Wednesday that Odebrecht had a very intense relationship with the governments of former presidents Luiz Inacio Lula da Silva and Dilma Rousseff. Palocci was a minister in the Lula government and, during the administration of


Was Brazil's Workers' Party a 'Criminal Organization'? (And Why It Matters)

Brazil's chief prosecutor charged former presidents Luiz Incio "Lula" da Silva and Dilma Rousseff with running a "criminal organization," marking a new attempt by judicial officials to prove that the former leaders' political party functioned more like a crime syndicate. But the accusations seem lik


Former Brazil presidents charged with running criminal organization

[JURIST] Brazil's Attorney General Rodrigo Janot [official website, in Portuguese] announced [press release, in Portuguese] Tuesday that former Brazilian presidents Luiz Incio Lula da Silva and Dilma Rousseff, along with other senior members of the Worker's Party, were being charged [indictment, PDF


For Brazil's Departing Top Prosecutor, 'One Last Cannon Barrage'

Brazil's prosecutor general, Rodrigo Janot, accused former President Luiz Incio Lula da Silva and his handpicked successor, Dilma Rousseff, of running a huge kickback scheme.Credit Adriano Machado/Reuters SO PAULO, Brazil - Call it the ultimate mic drop. Just days before his four-year term ends, Br


Brazil: Prosecutors Find 'Olympic Corruption' in Rio 2016 Game Planning

Brazilian prosecutors have uncovered a sprawling corruption scheme following a raid on the home of Brazilian Olympic Committee President Carlos Nuzman, presenting mounting evidence that Brazil bought its way through the International Olympic Committee's (IOC) voters to secure the 2016 Rio de Janeiro


Brazil formally charges two ex-presidents in Petrobras graft

Former Brazilian presidents Luiz Inacio Lula da Silva (left) and Dilma Rousseff who have been formally charged with racketeering for plotting to skim funds from Petrobras, the state oil giant. PHOTO | EVARISTO SA | AFP Brazil on Tuesday formally charged ex-presidents Dilma Rousseff and Luiz Inacio


Two Brazilian Presidents Dilma Rousseff, Lula da Silva, accused of running criminal organization

Provided by Deutsche Welle ZAProsecutors on Tuesday accused two former Brazilian presidents of forming a criminal organization to extract vast sums in bribes. Former President Luiz Inacio Lula da Silva and his successor Dilma Rousseff, as well as several members of their administrations, were accus


Brazilian ex-presidents charged in corruption case

Brazil's top prosecutor has charged former Presidents Luiz Inacio Lula da Silva and Dilma Rousseff with forming a criminal organization to divert funds from the country's state oil company. Prosecutor Rodrigo Janot said Lula, Ms Rousseff and six fellow Workers' Party members committed a series of cr


Amid Crisis in Brazil, the Evangelical Bloc Emerges as a Political Power

In the world's largest Catholic country, a rival Christian movement could select Brazil's next president. No one is certain where the rumors that Brazil's leader Michel Temer worshiped the devil came from, but last year, after taking over the presidency following Dilma Rousseff's impeachment, he kne


Jewish community jumping ship as political storm takes Brazil

SAO PAULO, Brazil - Over the last three years, Brazil's usually lighthearted Carnival culture has been darkened by a political and economic crisis that has turned into the longest recession in the country's history. In an attempt to root out the rot plaguing Brazil's core, Operation Car Wash has ex