Brazilian President Dilma Rousseff is mobilizing her cabinet to persuade the nation’s highest court to delay ruling on a case that could cost banks $65 billion and shrink credit, according to two government officials briefed on the matter.
Brazilian President Dilma Rousseff set up a committee to monitor prices and service quality ahead of next year’s World Cup amid concerns that visitors to soccer’s showcase event may encounter astronomical markups on lodging and transportation.
President Dilma Rousseff said her government will help fund a subway project in southern Brazil, part of $23 billion dedicated to transportation-spending projects spurred earlier this year by angry Brazilians.
The return to power of Luiz Inacio Lula da Silva, the mentor and predecessor of Brazil President Dilma Rousseff, is gaining traction among her supporters as her party faces a 2014 election having delivered the slowest average growth in 24 years.
Brazil’s President Dilma Rousseff ordered a team of ministers to look into ways of reducing volatility in ethanol prices, including the possibility of government intervention in the market, the Financial Times reported, citing Energy Minister Edison Lobao .
President Dilma Rousseff has staked her bid to reverse a plunge in the polls on a plan to bring direct democracy to Brazil. It doesn’t fully address the demands of the biggest street demonstrations in two decades, according to one protest leader, or the top voter concerns in polls.
Thousands of Brazilians took to the streets as the national soccer team prepares to meet Uruguay in the semifinals of the Confederations Cup, reigniting mass protests that have made officials rush to respond to demands for better health care and education.