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Week of June 1
BRAZIL POLITICS · Report · 01 Jun 2015

Thursday's holiday will reduce activity in Congress. Expectations are rising regarding the report on the payroll tax exemption bill. In the economy, we highlight the Central Bank's decision on interest rates and the announcement of the 2015-2016 Harvest Plan.House debates payroll tax exemptionsRe...

Week of May 26
BRAZIL POLITICS · Report · 26 May 2015

A politically busy week in Brasília: The House tries to vote on political reform, and in the Senate, the fiscal austerity measures are the focus of the agenda. Mayors from across the country will meet in Brasília to discuss the federative pact, healthcare and education. On Friday, May 29, the IBG...

Week of May 18
BRAZIL POLITICS · Report · 18 May 2015

The fiscal austerity measures remain on the political agenda. The House may vote on the bill on payroll tax exemptions and on MP 668/15 (PIS and Cofins for imports). In the Senate, analysis of MP 665/14, on unemployment insurance and salary bonuses, is on the agenda. By Friday, the government wil...

Week of May 11
BRAZIL POLITICS · Report · 11 May 2015

The House votes on another fiscal austerity measure: MP 664/14 (pension and sick leave). In the Senate, the appointment of Luiz Edson Fachin to the Supreme Court will be analyzed. On Friday, President Dilma may launch the concessions program, an attempt by the government to implement a positive a...

Michel Temer faces first big challenge
BRAZIL POLITICS · Report · 05 May 2015

The House of Representatives may vote this afternoon on the first interim measure of the fiscal adjustment: MP 665/14, on unemployment insurance and salary bonuses. The vote will be the first major test of Vice President Michel Temer. In early April he took over the government’s political coordin...

Week of May 4
BRAZIL POLITICS · Report · 04 May 2015

This week, the House tries to vote on its first fiscal austerity measure: MP 655, which deals with unemployment insurance and salary bonuses. In the Senate, Finance Minister Joaquim Levy speaks about the crisis and the long term expectations for the country. The IBGE will release April inflation ...

Week of April 27
BRAZIL POLITICS · Report · 27 Apr 2015

The House committees analyzing the fiscal austerity provisional measures may vote on the measures. In the Senate, the index for state and municipal debt with the federal government may be voted upon. The Central Bank sets the benchmark interest rate.President Dilma Rousseff will consider making a...

Petrobras' Financial Statement Disclosure
BRAZIL POLITICS · Report · 23 Apr 2015

Quick Snapshot Impairment of 44 billion reais, or 14.8 billion dollars6.2 billion reais ($2.1 billion) due to corruptionR$ 199 billion worth of contracts analyzed to calculate loss from corruptionNet loss of R$21 billionDisclosure was fully approved by PricewaterhouseCoopersResults for the first ...

Week of April 20
BRAZIL POLITICS · Report · 20 Apr 2015

Despite the holiday (April 21), this will be an intense week: Dilma sanctions the 2015 Budget; the House continues the vote on outsourcing; the Senate debates the state debt index; and the Petrobras financial balance will finally be released. Light at the end of the tunnel There are details that ...

Week of April 14
BRAZIL POLITICS · Report · 14 Apr 2015

The fiscal austerity measures enter a new phase. The rapporteurs of the provisional measures are expected to present their reports this week. Voting in the Joint Committee should take place in the next two weeks. The House continues the vote on outsourcing, and the Senate examines two appointment...

Dilma Rousseff’s Administration
BRAZIL POLITICS · Report · 08 Apr 2015

Temer chosen as government’s political articulator President Dilma Rousseff made a bold move in closing the Secretariat of Institutional Relations, headed by Pepe Vargas (PT), and transferring the responsibility for political articulation to VP Michel Temer. Political articulation is an area that...

Week of April 6
BRAZIL POLITICS · Report · 06 Apr 2015

This will be a busy week. The House may vote on the bill regulating outsourcing of labor. The Petrobras CPI hears PT Treasurer João Vaccari Neto. The Senate discusses fiscal incentives, and the index for state debt is also on the agenda, but voting on both matters is likely to be postponed.Expect...

Week of March 30
BRAZIL POLITICS · Report · 30 Mar 2015

Despite the holiday on Friday, April 3, this will be a busy week. Finance Minister Joaquim Levy goes to the Senate to defend the fiscal austerity measures. The same day, the Senate will vote on a bill on the renegotiation of state debt. The House could vote urgency for the bill that revokes the s...

Fiscal Adjustment
BRAZIL POLITICS · Report · 27 Mar 2015

Commissions define public hearingsThe Joint Commissions to discuss the provisional measures for the fiscal adjustment established a work chronology.The commission analyzing Provisional Measure (MP 665/14), which hinders access to unemployment insurance, among other changes in labor rights, will h...

Political Scenarios
BRAZIL POLITICS · Report · 24 Mar 2015

CNT/MDA poll confirms President Dilma´s loss of popularity The CNT/MDA poll released yesterday, March 23, has confirmed the negative popularity scenario currently being experienced by President Dilma Rousseff. Her governance is perceived as “excellent” by only 11% of those interviewed, while 65% ...

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