#mr temer

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EMs focus on dollar amid Brexit turmoil

EMs focus on dollar amid Brexit turmoil

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The dollar at one stage on Tuesday was worth as low as ¥101.56

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Those emerging market investors worried about the contagious effects of Brexit might want to paraphrase the advice election strategist James Carvile gave former US president Bill Clinton about voter concerns during the 1992 presidential campaign.

For when it comes to what really…

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Brazil interim president rejects bribe claims

Brazil interim president rejects bribe claims

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Interim president of Brazil, Michel Temer

Michel Temer, Brazil’s interim president, has rejected allegations he solicited bribes during the election campaign of a political ally for São Paulo mayor in 2012.

The claims against Mr Temer were contained in a plea bargain released by the former head of a state-owned oil company, Sérgio Machado, released to the public by the Supreme…

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Brazil interim president rejects bribe claims

Brazil interim president rejects bribe claims

[ad_1] ©EPA Interim president of Brazil, Michel Temer Michel Temer, Brazil’s interim president, has rejected allegations he solicited bribes during the election campaign of a political ally for São Paulo mayor in 2012. The claims against Mr Temer were contained in a plea bargain released by the former head of a state-owned oil company, Sérgio Machado, released to the public by the Supreme…

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Brazil’s data reveals depths of recession

Brazil’s data reveals depths of recession

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Michel Temer, interim president of Brazil

Brazil’s economy contracted 5.4 per cent in the first quarter from a year earlier, highlighting the challenge facing interim president Michel Temer as he tries to end the country’s worst recession in more than a century.

The figures were better, however, than analysts had expected with a Reuters poll forecasting a 6 per cent…

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Brazil’s data reveals depths of recession

Brazil’s data reveals depths of recession

[ad_1] ©Getty Michel Temer, interim president of Brazil Brazil’s economy contracted 5.4 per cent in the first quarter from a year earlier, highlighting the challenge facing interim president Michel Temer as he tries to end the country’s worst recession in more than a century. The figures were better, however, than analysts had expected with a Reuters poll forecasting a 6 per cent…

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Brazil moves to shrink the state

Brazil moves to shrink the state

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May 31, 2016

by: Joe Leahy in São Paulo

How do you shrink a government? That is a thorny political question anywhere in the world but especially in Brazil, which has traditionally favoured a bloated state.

Now, however, the new government of interim president Michel Temer is trying to tackle this issue as it grapples with a fiscal crisis that is threatening to unwind the…

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Brazil moves to shrink the state

Brazil moves to shrink the state

[ad_1] May 31, 2016 by: Joe Leahy in São Paulo How do you shrink a government? That is a thorny political question anywhere in the world but especially in Brazil, which has traditionally favoured a bloated state. Now, however, the new government of interim president Michel Temer is trying to tackle this issue as it grapples with a fiscal crisis that is threatening to unwind the country’s…

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Brazil: A lack of Temer-ity

Brazil: A lack of Temer-ity

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Michel Temer seeks to limit the growth of expenses

That wasn’t much of a honeymoon! Less than two weeks after taking office, Brazil’s new administration under acting President Michel Temer is embroiled in its first scandal. It is also facing regular street protests and, by some measures, is already as unpopular as the Dilma Rousseff government it replaced.

On Monday night,…

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