In the race to succeed Brazilian President Luiz Inacio Lula da Silva, only one candidate can match the former union leader’s up-by-the-bootstraps biography: his former Environmental Minister Marina Silva .
Brazilian President Dilma Rousseff’s crackdown on corruption will likely appeal to middle-class voters who are growing in political importance. It also risks undercutting the fiscal discipline needed to cool inflation by disrupting her coalition.
Brazil’s decision to recognize overtime pay for workers contacted by their bosses after regular hours by e-mail or telephone is poised to increase companies’ costs and test their ability to boost productivity.
Luiz Inacio Lula da Silva, who stepped down this year as Brazil’s most popular president ever, will undergo chemotherapy for a malignant tumor in his larynx, undermining speculation that he will seek office again in 2014.
On a cool July evening, Brazilian President Dilma Rousseff hosts a cocktail party for 50 leaders of her governing coalition, Bloomberg Markets magazine reports in its November issue. Speaking from the foot of a red-carpeted staircase in the living room of Alvorada Palace, where she lives with her mother and aunt, Rousseff tells the gathered politicians that these are the best times for Brazil, according to four people who attended.
Centrais Eletricas Brasileiras SA and Cia. Energetica de Sao Paulo , utilities controlled by the Brazilian government, both fell more than 4 percent in Sao Paulo on speculation a ruling-party victory in the presidential election will limit the earnings potential of state companies.