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Dilma Rousseff

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  • Petrobras hit with U.S. class action suit over $98 billion in securities

    Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives were hit with a U.S. class action lawsuit by investors in $98 billion of the company's securities over an alleged kickback and bribery scheme.
  • Brazil central bank signals another steep interest rate hike

    Brazil's central bank sees inflation remaining above the 4.5 percent center of its official target for the next two years, hinting it could keep the aggressive pace of interest rate hikes to ease price increases in the future. In its quarterly inflation...

    Brazil's president names farmers' champion Abreu as agriculture minister

    Brazil's President Dilma Rousseff named Senator Katia Abreu, a high-profile politician who has vocally defended farmers from claims they cut down the rainforest, as the country's new agriculture minister on Tuesday. Abreu has presided over the powerful...

    Brazil's Rousseff picks allies for second-term cabinet

    Brazilian President Dilma Rousseff appointed 13 new ministers on Tuesday, choosing allied politicians in a cabinet reshuffle while trying to avoid any names that could be linked to a widening corruption scandal at state-run oil company Petrobras....

    Brazil inflation seen above target in 2015: poll

    Brazil's consumer inflation is seen exceeding an official target in 2015 even as the economy is expected to grow less than previously forecast, a weekly central bank survey showed on Monday. The poll underscores an increasingly challenging economic...