Dilma Rousseff

Planning Minister Romero Juca said in a hurried appearance before television cameras that he would step aside starting. Although he did not resign, he was not expected to return, the Globo news site reported, quoting sources close to Temer.

Brazil's Dilma Rousseff suspended to face impeachment trial

Defiant to the end, Brazil's first female president denounced a "coup" aimed at driving her from power, and urged her supporters to mobilize as she braces for an impeachment trial that is set to drag on for months.

Dilma Rousseff bows out defiantly after Senate vote to try her

"I never imagined that it would be necessary to fight once again against a coup in this country," Rousseff said, in a reference to her youth fighting Brazil's military dictatorship.

Brazil Senate presses on with impeachment, defying house speaker

The clash between Brazil's two most senior lawmakers threw markets into disarray and threatened to drag out a painful political crisis with a constitutional standoff that could end up at the Supreme Court.

Brazil Senate committee recommends Rousseff impeachment

Dilma Rousseff is accused of illegally manipulating government budget accounts.

Brazil's Rousseff loses crucial impeachment vote in Congress

As thousands of pro- and anti-impeachment protesters demonstrated outside Congress, the opposition comfortably surpassed the two-thirds majority needed to send Rousseff for trial in the Senate on charges of manipulating budget accounts.

Brazil congressional committee votes in favor of impeachment

Rio De Janeiro, Apr 12 (AP) A congressional committee voted Monday to recommend that the impeachment process against President Dilma Rousseff move forward, bringing the possible ouster of the embattled leader a step closer.

Mass protests as Brazil's Lula sworn in as chief of staff

Police used tear gas to disperse hundreds of opposition demonstrators who clashed with Lula's leftist supporters outside the presidential palace where he was sworn in, while ministers and corruption investigators traded barbs throughout the day.

Impeachment proceedings opened against Brazil's president

Lower house speaker Eduardo Cunha said he had agreed to open proceedings. A special committee with members from all parties will decide on the merits of the request, which then needs two-thirds, or 342, of the votes of the chamber to suspend the president pending a 180-day trial by the Senate.

Brazil's economy takes the good with the bad

There are some bright spots, analysts say. Yet for now, the immediate term outlook is overwhelmingly grim for the country that put the 'B' in the acronym BRICS — shorthand for the most attractive emerging market economies investors once considered a sure bet.

Brazil downgraded to 'junk' rating by S&P, deepening woes

The faster-than-anticipated downgrade from investment grade will likely rock Brazilian financial markets on Thursday and will increase borrowing costs for the government and Brazilian companies.

Brazil is in crisis ahead of 2016 Olympics in Rio

Six years later, Brazil is in dire straights, mired in the deepest crisis in decades. The economy is expected to shrink this year and next, and the majority of Brazilians are calling for the impeachment of President Dilma Rousseff, whose approval ratings are in the single digits.

FDI cap in special technology area to be raised to 100%: PM

During a meeting with Brazilian President Dilma Rousseff here, Modi noted that his government had raised FDI cap to 49 percent but in the area of special technology, it would be raised to 100 percent, Secretary (West) in the Ministry of External Affairs Navtej Sarna said while briefing media on the discussions.

BRICS FMs discuss elements of development bank

The meeting, chaired by Russian Finance Minister Anton Siluanov and also attended by China's Lou Jiwei, South Africa's Nhlanhla Nene and Brazil's Joaquim Levy, also discussed recent developments in the world economy, including the economic crisis in Greece.

Modi to arrive in Russia on Wed to attend BRICS, SCO meet

At the SCO Summit, India is expected to be accorded full membership of the six-nation grouping of China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan.

Four Indians among world's 100 most powerful women: Forbes

Forbes's 12th annual list of the 100 most influential women feature extraordinary entrepreneurs, visionary CEOs, politicians, celebrity role models, billionaire activists and pioneer philanthropists who are "transforming the world" and and have been "ranked by dollars, media presence and impact".

4 Indians among world's 100 most powerful women: Forbes

SBI chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chairperson Shobhana Bhartia are among the world's 100 most powerful women, according to the Forbes' annual list which is topped by German chancellor Angela Merkel.

China's Li brings investment boost to struggling Brazil

On his first official trip to Latin America, Li saw a raft of agreements signed, ranging from a USD 1 billion purchase of passenger jets made by Brazil's Embraer to the lifting of an import ban on Brazilian beef and a long-discussed plan to build a railroad over the Andes to the Pacific.

Suzlon's wind farm commissioned in Uruguay

Uruguay aims to increase its energy from renewables in its total primary consumption to 50 per cent by 2015 as compared to about 40 percent in 2012. The 65.1 MW project will light up 20,300 households in Uruguay with clean energy.

Brazil's Rousseff re-elected by grateful working-class

The 66-year-old Rousseff, who was a Marxist guerrilla in her youth, overcame growing dissatisfaction with the economy, poor public services and corruption to narrowly clinch a second term for herself and the fourth in a row for her Workers' Party.

India may benefit from political stability: Arnab Das

According to Arnab Das, Managing Director - Macro Strategy at Trusted Sources, investors could be disappointed by the Brazil verdict (reappointment of Dilma Rousseff as president), but this may have a positive impact on India.

Don‘t see signs of an imminent bear market: Hans Goetti

You need an inverted yield curve or the prospects of a recession in the next six months, neither of which I can see, the head of Asia investment at Banque Internationale Luxembourg said.

Biggest protests in 20 years sweep Brazil

Monday's demonstrations were the latest in a flurry of protests in the past two weeks that have added to growing unease over Brazil's sluggish economy, high inflation and a spurt in violent crime.

Brazil to cut telecoms taxes ahead of World Cup

Brazil President Dilma Rousseff plans about USD 3.25 billion in tax breaks for companies that build new telecommunications networks, hoping to shield the sector from the global crisis and ensure that strained networks do not collapse during the 2014 World Cup.

BRICS give lukewarm response to Brazil euro plan

Brazil's proposal to support the crisis-hit euro zone garnered only lukewarm support from fellow BRICS countries on Wednesday, as doubts mounted whether the five emerging market powers have the political will or financial clout to throw a lifeline to Europe.