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Robinho and Marcelo back in Brazil squad for friendlies
SAO PAULO (AP) — Robinho and Marcelo are back in Brazil's squad for upcoming friendlies against France and Chile.
Thu, 05 Mar 2015 07:12:36 -0800

Brazil: Inquiry sought for politicians in graft scandal
RIO DE JANEIRO (AP) — Brazil's attorney general on Tuesday asked the Supreme Court for permission to investigate 54 people, the majority top political figures, for alleged involvement in what prosecutors say is the country's largest corruption scandal yet uncovered.
Tue, 03 Mar 2015 17:37:59 -0800

Brazil auto output stagnates in February, sales tumble
Auto production in Brazil stagnated in February and sales continued to tumble as carmakers got off to their weakest start in at least five years, deepening the crisis in an industry that is shedding jobs and stressing trade relations. Automobile output in Brazil slid 2.3 percent and sales tumbled 26.7 percent in February from January, automakers' association Anfavea said on Thursday. Both ...
Thu, 05 Mar 2015 07:52:38 -0800

Brazil's rate hikes tip country closer to recession
Brazil hiked interest rates to a six-year high on Wednesday, but economists say the move only tips the country closer to recession.
Wed, 04 Mar 2015 20:37:52 -0800

EMERGING MARKETS-Brazil interest-rate futures rise as more tightening seen
Brazil's interest-rate futures rose on Thursday as investors bet the central bank will further tighten monetary policy to defuse the inflationary impact of a recent currency sell-off that drove the real ...
Thu, 05 Mar 2015 08:50:44 -0800

Investigation of politicians sought in Brazil graft scandal
RIO DE JANEIRO (AP) — The inquiry into the biggest corruption scandal yet uncovered in Brazil entered an expansive new phase, as the attorney general formally requested the Supreme Court's permission to open investigations against 54 people, most expected to be top political figures.
Tue, 03 Mar 2015 21:01:39 -0800

Petrobras scandal threatens to tear apart Brazil ruling coalition
Brasília (AFP) - With Brazil's Supreme Court set to grill a clutch of politicians, a snowballing multibillion-dollar graft scandal enveloping state oil giant Petrobras threatens to tear apart the ruling coalition. President Dilma Rousseff won re-election just four months ago, her top priority the revitalization of a flailing economy hamstrung by four straight years of low growth. The ...
Wed, 04 Mar 2015 15:00:31 -0800

Brazil raises rates to six-year high
Brazil's central bank lifts interest rates to a six-year high of 12.75% in an attempt to restrain inflation.
Thu, 05 Mar 2015 00:21:49 -0800

Brazil government to appeal deportation of Cesare Battisti
SAO PAULO (AP) — Brazil's solicitor general's office said Wednesday it will appeal a judge's recent ruling that former Italian militant Cesare Battisti should be deported in a reversal of a 2010 ruling granting him asylum in Latin America's biggest country.
Wed, 04 Mar 2015 11:17:31 -0800

Brazil securities watchdog aims to sharpen focus on governance
Brazil's securities industry watchdog, CVM, must sharpen its focus on corporate governance as well as detect and punish those breaking capital markets rules more quickly if it is to boost its credibility, a director on CVM's board said on Wednesday. In his first speech as a CVM director, Pablo Renteria said the watchdog must fine-tune penalties, including updating the value of fines. Improving ...
Wed, 04 Mar 2015 10:07:51 -0800

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