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Unprecedented Corruption Among Brazil"s Top Politicians Revealed In Unsealed JBS Plea Bargain

Recall that behind the latest political scandal .....»»

Category: blogSource: zerohedgeMay 19th, 2017

As Pension Obligations Crush Brazil, a Fix Eludes Politicians

President Michel Temer’s push to rein in soaring pension costs, seen as vital to restoring Brazil’s battered economy, is imperiled after a third of his cabinet and scores of lawmakers were named in a broad corruption probe......»»

Category: topSource: wsjApr 14th, 2017

Brazil Cases Against Politicians Include Corruption, Money Laundering

Details of a request to prosecute scores of top politicians in Brazil will likely take days to be released, but they will include accusations of corruption and money laundering, a person familiar with the matter said Thursday......»»

Category: topSource: wsjMar 16th, 2017

Brazil on Tenterhooks Over Probe List

Brazil’s political crisis lurched into higher gear Wednesday as top politicians faced the prospect of being snared in a corruption dragnet while labor groups staged nationwide protests against President Michel Temer’s economic policies......»»

Category: topSource: wsjMar 15th, 2017

Brazil"s Temer says corruption cases must not paralyze country

BRASILIA (Reuters) - President Michel Temer said on Tuesday that corruption accusations against politicians emerging from the Petrobras graft scandal must not paralyze the country, as his government plans measures to revive Brazil's stalled economy. .....»»

Category: topSource: yahooDec 13th, 2016

Marcelo Odebrecht Agrees to Plea Deal in Brazilian Corruption Probe

Marcelo Odebrecht, the jailed former head of Brazilian construction giant Odebrecht SA, on Thursday agreed to sign a plea-bargain agreement in connection with Brazil’s largest corruption probe ever, according to a person close to the negotiations......»»

Category: smallbizSource: wsjDec 1st, 2016

Brazil Lawmakers Push to Hobble Graft Probe

Brazilian lawmakers advanced legislation that would hamper the ability of prosecutors and judges to go after crooked politicians, potentially setting back the country’s fight against widespread corruption......»»

Category: topSource: wsjNov 30th, 2016

Brazil President Vows to Bar Politicians From Gaining Corruption Probe Immunity

Brazil President Michel Temer vowed to derail efforts by the nation’s lawmakers to try to shield themselves from prosecution in an epic graft probe that has rocked the country......»»

Category: topSource: wsjNov 27th, 2016

Brazil Graft Probe at Risk, Prosecutor Says

Brazilian politicians are stepping up efforts to impede the country’s biggest-ever corruption probe, say prosecutors leading the investigation, as a power struggle intensifies between the country’s legislative and judiciary branches......»»

Category: topSource: wsjNov 10th, 2016

Former Odebrecht CEO Close to Signing Plea Deal in Car Wash Probe

Marcelo Odebrecht, the former chief executive of Odebrecht SA, is close to signing a plea bargain with investigators in the sprawling Operation Car Wash probe into corruption at state-controlled oil company Petróleo Brasileiro, according to two people fa.....»»

Category: topSource: wsjOct 26th, 2016

Odebrecht patriarch leads Brazil plea deal talks: Estado

SAO PAULO (Reuters) - The eldest member of Brazil's Odebrecht family is personally spearheading negotiations between executives of his namesake engineering conglomerate and federal prosecutors for a potential plea deal in Brazil's biggest-ever corruption .....»»

Category: topSource: reutersOct 8th, 2016

Odebrecht patriarch leads Brazil plea deal talks, Estado says

SAO PAULO (Reuters) - The eldest member of Brazil's Odebrecht family is personally spearheading negotiations between executives of his namesake engineering conglomerate and federal prosecutors for a potential plea deal in Brazil's biggest-ever corruption .....»»

Category: topSource: reutersOct 8th, 2016

Brazil"s car wash scandal reveals country soaked in corruption

In U.S. history, entire cities and states have been branded corrupt: Thin.....»»

Category: topSource: moneycentral16 hr. 17 min. ago

Protesters Clash With Police in Brazil"s Capital

Tens of thousands of protesters descended on Brazil’s capital Wednesday, setting fire to ministry buildings and clashing with riot police as calls grew for President Michel Temer to resign over allegations he was involved in a vast corruption scandal......»»

Category: topSource: wsj20 hr. 17 min. ago

Holding Company of Brazil"s JBS in Talks to Settle Corruption Case

J&F Participações, the holding company of meatpacker JBS that is involved in Brazil’s vast corruption scandal, is willing to shell out at least $1.3 billion as part of a leniency deal with prosecutors, said a person close to the discussions......»»

Category: topSource: wsjMay 24th, 2017

Brazil ETF Deals With Specter Of Credit Downgrade

The iShares MSCI Brazil Capped ETF (NYSE: EWZ) and other exchange traded funds with large exposure to Brazilian have recently been wracked by controversy as another political corruption probe works its way though Latin America's largest economy. read more.....»»

Category: blogSource: benzingaMay 24th, 2017

Brazil ETFs Fall As President Temer Faces Corruption Charges

Brazil ETFs Fall As President Temer Faces Corruption Charges.....»»

Category: topSource: seekingalphaMay 21st, 2017

Brazil"s President Tells Supreme Court To Suspend Corruption Probe Of Brazil"s President

In a move that will surely light the proverbial lightbulb over Donald Trump's head, Brazilian President Michel Temer, having been officially dragged into Brazil's massive corruption scandal after a record emer.....»»

Category: blogSource: zerohedgeMay 20th, 2017

Brazil ETFs Fall as President Temer Faces Corruption Charges

Zacks.....»»

Category: topSource: redinewsMay 20th, 2017

Brazil"s Temer Aims to Have Corruption Probe Tied to Him Suspended

Brazilian President Michel Temer said he would ask the Supreme Court to suspend its investigation into allegations he was involved in a giant corruption scheme, vowing to remain in power......»»

Category: topSource: wsjMay 20th, 2017

Political Crisis Grips Brazil as Firm Admits to Bribing Nation"s Leaders

Less than a year after Brazil’s president was impeached, her successor is at the center of explosive bribery allegations in the ever-widening corruption probe that has engulfed the country’s leadership class......»»

Category: smallbizSource: wsjMay 19th, 2017