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Brazil probes rumor that set off panic run on state bank

BRASILIA (Reuters) - Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend. A rumor that payments of the Bolsa Familia program would be ended led crowds to line up over the weekend at branches of the Caixa Economica Federal government bank to get their money. The rumor spread by word of mouth and cellphone text messages.

Brazil gov't cuts interest rates on small business loans

Sao Paulo, May 6 (EFE).- Brazilian President Dilma Rousseff announced here Monday a reduction in the interest rate on public loans for owners of small businesses from 8.0 percent to 5.0 percent. "The question of small businesses is indispensable for the country's future and present," said Rousseff during the ceremony installing the new board of directors of the Sao Paulo state Federation of Trade Associations. The change in the government lending program is scheduled to take effect in late May.

Brazil weighs exhuming ex-president Goulart

Brazilian prosecutors said Friday they were considering a request to exhume an ousted president's remains to determine if he was killed in the 1970s under a plan by rightwing rulers to suppress dissent. Joao Goulart served as president from 1961-1964, and was ousted in a military coup. He took refuge in Uruguay and Argentina, where he died in 1976. The official account says it was a heart attack. The military went on to rule in Brazil from 1964-1985.

Lula is subject of corruption probe, Brazilian police say

Brasilia, Apr 12 (EFE).- The Brazilian Federal Police confirmed Friday that it has opened a new investigation of ex-President Luiz Inacio Lula da Silva's possible involvement in corruption. The probe began with a plea made 10 days ago by prosecutors and specifically refers to Lula's alleged efforts to secure campaign contributions from Portugal Telecom.

Brazil police launch probe of ex-leader Lula

Brazilian police said Friday they have launched an investigation into whether popular ex-president Luiz Inacio Lula da Silva had a role in a congressional vote-buying scandal. "A police investigation was opened at the request of the prosecutor's office in Brasilia. It will be carried out by the financial crime unit," a police spokesman told AFP. The probe is expected to last 30 days. Federal prosecutors want to know whether Lula was aware of the vote-buying scheme put in place by his Workers Party (PT) from 2003 to 2005 during his first term in office.

Brazil investigates popular ex-president Lula

Brazil has opened a probe into claims linking popular ex-president Luiz Inacio Lula da Silva to a corruption scandal, threatening to cast a shadow over his political legacy and future. The Public Ministry ordered police Friday to investigate an alleged payoff by Portugal Telecom to the ruling Workers' Party during Lula's first term in office.

Rousseff names new transportation minister, proceeds with Cabinet reform

Brasilia, Apr 1 (EFE).- Brazilian President Dilma Rousseff on Monday named civil engineer Cesar Borges to be her new transportation minister, continuing with a mini-reform of her Cabinet that she began two weeks ago, authorities said. Borges, 64, will replace Paulo Sergio Passos, who according to a statement released by the president's press office "is leaving the post after making a great contribution to the government and to the country."

Brazil's Rousseff as popular as ever

By Anthony Boadle BRASILIA (Reuters) - The Brazilian economy is hardly growing and inflation is rearing its head, but President Dilma Rousseff's popularity continues to climb to new highs. The personal approval rating of Brazil's first woman president rose to 79 percent in March from 78 percent in December, according to a CNI/Ibope opinion poll released on Tuesday.

Brazil's Rousseff as popular as ever

By Anthony Boadle BRASILIA (Reuters) - The Brazilian economy is hardly growing and inflation is rearing its head, but President Dilma Rousseff's popularity continues to climb to new highs. The personal approval rating of Brazil's first woman president rose to 79 percent in March from 78 percent in December, according to a CNI/Ibope opinion poll released on Tuesday.

Brazil's Lula begins Africa tour

Nairobi, Mar 13 (EFE).- Former Brazilian President Luiz Inacio Lula da Silva is beginning a tour of Africa on Wednesday, the Lula Institute said in a statement. The erstwhile head of state will visit Equatorial Guinea, Ghana, Benin and Nigeria and will meet with political leaders, businessmen and representatives from civil society. During his March 15-16 stay in Ghana, Lula will "participate in a discussion about social programs at the headquarters" of the U.N. Food and Agriculture Organization, the institute said.
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