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Former finance minister arrested in Brazil

Guido Mantega accused of soliciting bribe from businessman Eike Batista

Ex-Brazilian finance chief Mantega arrested in fraud probe

Ex-Brazilian finance chief Mantega arrested in fraud probe
ajc.com Also reported by •Seattle TimesFOXNews.com

Videos for mantega

News video: Brazil's former finance minister is arrested

Brazil's former finance minister is arrested 01:10

Police in Brazil have arrested the country’s former Finance Minister Guido Mantega. Federal police say they took Mantega into custody at the Albert Einstein Hospital in Sao Paulo. Sources say..
Source: euronews (in English) -

News video: Telemundo Abilinía June 30th, 2016

Telemundo Abilinía June 30th, 2016

Telemundo Abilinía June 30th, 2016
Source: KRBC -


Brazil's Former Finance Minister Questioned in Tax Probe

Brazil’s federal police on Monday detained former finance minister Guido Mantega for questioning in connection with a continuing investigation into suspected tax fraud, according to a person familiar..
Wall Street Journal

Here's How Brazil's Economy Starts 2016

Nelson Barbosa, Brazil's new finance minister, center, is congratulated by attendees during his inauguration in Brasilia, Brazil, on Monday, Dec. 21, 2015. Financial markets sankon the news. He is..

Brazil's New FinMin Says Austerity Here To Stay

Barbosa will be more like Guido Mantega, using temporary measures to spur growth and alleviate inflation pressures even if it means missing fiscal targets.

Market Shudders As Brazil Risks "Succumbing To Fiscal Populism" With New FinMin

The decision to approve a 2016 budget guidelines bill that targets a 0.5% primary surplus as opposed to a 0.7% surplus may have been the last straw for (former) Brazilian FinMin Joaquim..
Zero Hedge

SurReal: Brazil's Currency Stages Largest Rally In Seven Years On Central Bank "Whatever It Takes" Moment

surreal: brazil's currency stages largest rally in seven years on central bank whatever it takes moment
Over the past several weeks, we’ve said on a number of occasions that even we have been surprised at how quickly the situation in Brazil has deteriorated.  To be sure, there are plenty of things..
Zero Hedge

Brazil Probes Ex-Finance Minister Mantega

Brazil’s government is investigating former Finance Minister Guido Mantega for allegedly misleading investors by requiring state-run oil firm Petróleo Brasileiro SA to subsidize domestic fuel prices
Wall Street Journal

Brazil Confidence Plummets To Record Low As Central Bank Admits Currency War Defeat

brazil confidence plummets to record low as central bank admits currency war defeat
*Four and a half years after Brazil's FinMin Guido Mantega first re-introduced the world to the term "currency wars," it appears the Brazilians have admitted defeat. *Amid what Goldman calls a sharp..
Zero Hedge

A Day In The Life Of A Falling BRIC

a day in the life of a falling bric
Submitted by Raul Ilargi Meijer via The Automatic Earth blog, It’s not that long ago, in 2001, that Jim O’Neill, then still with Goldman Sachs, coined the term BRICs, for the fast emerging..
Zero Hedge

Petrobras Changes To Take Time, Even With New CEO

petrobras changes to take time, even with new ceo
By Jeb Blount RIO DE JANEIRO (Reuters) - Investors betting that a long-awaited management change at Brazil's Petrobras will result in a swift rebound of the state-run oil company's fortunes are..
Business Insider

Brazil's Economy Is On The Verge Of Total Collapse

brazil's economy is on the verge of total collapse
Back when the BRICs were the source of marginal global growth, the punditry couldn't stop praising them. However, in the past year, now that China's housing bubble has burst and its shadow banking..
Zero Hedge

Brazil's Pres Dilma Picks Market Friendly Economic Team

Ex-Treasury Secreteary Levy to replace Mantega as Brazil's Finance Minister. Central Bank governor remains at post.

Brazil's president names pro-market finance minister

brazil's president names pro-market finance minister
Brasília (AFP) - Brazilian President Dilma Rousseff named pro-market bank executive Joaquim Levy to be her new finance minister Thursday as her government looks to steer the economy out of..
Business Insider

Brazil's Rousseff Seen Naming Joaquim Levy as Finance Minister

Brazilian President Dilma Rousseff has picked the former head of the country’s treasury, Joaquim Levy, to replace Finance Minister Guido Mantega, according to a person familiar with the situation.
Wall Street Journal

Wise Business Plans names Brazil among countries that are part of recent international push

According to MercoPress.com, top Brazilian banking officials are defying predictions of economic stagnation in 2015 and predicting the country's economy will actually pick up speed in the coming year...

As The "Sanctions War" Heats Up, Will Putin Play His 'Gold Card'?

as the sanctions war heats up, will putin play his 'gold card'?
Submitted by John Butler via Contra Corner blog, The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister..
Zero Hedge

Brazil's Mantega: Policy Adjustment to Focus on Government Spending

Brazil’s Finance Minister Guido Mantega said Friday the government is working on a plan to reduce public spending.
Wall Street Journal

All The President's Men (In Brazil)

BY SHANNON SIMS, OZY The victory speeches are over, Dilma Rousseff’s re-election secured. Now most Brazil observers have turned to other matters — namely, what the 66-year-old former..
Huffington Post

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