|Wednesday, June 3, 2020

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Latin America

Dilma Rousseff announces more Taxes and less Social spending

PORTO ALEGRE, RS – Dilma Rousseff’s government announced this week that it intends to reintroduce a tax on financial transactions -CPMF- for the next four years. Her government will also freeze the salaries of federal workers for seven months and cut spending on social programs such as Minha Casa Minha Vida (My Home my Life), by almost 30%. Some of the social programs that will experience cuts include many ...Read full article...

Is Dilma’s party being criminalized?

Current investigations show that the Worker’s Party (PT) functions like a criminal organization more than a political group. Dilma Rousseff’s Foreign Policy Adviser, Marco Aurelio Garcia, believes there is a plot to make the Worker’s Party look like a gangster syndicate. Garcia, who travels to foreign lands to justify his party’s mismanagement of government said in an interview that for him it came as a surprise that the credit rating ...Read full article...

Fiscal Deterioration costs Brazil another Downgrade

The negative outlook, according to S&P, reflects a 30% possibility of a further downgrade because of fiscal deterioration probability. Most Brazilians do not like Dilma Rousseff, and now, it seems that neither do investors or lending entities. It is true, rating agencies are only part of a global Ponzi scheme, however, it is their opinions about the creditworthiness of a country what determines whether that country has access to ...Read full article...

Guatemalan President in Prison accused of bribery, conspiracy and fraud

Rarely in the history of Latin America political fire consumed so quickly. ‘Former General Otto Perez Molina went from being President of the Republic of Guatemala to becoming a common prisoner in just 24 hours. Moreover, the road that took him to prison was a short one. In only 14 days, Molina was accused, stripped from his immunity, obligated to resign and put in prison without delay. In a ...Read full article...

Guatemalan President Resigns Under Threat of Arrest

The president of Guatemala, Otto Perez, accused of corruption and at risk of being arrested after the prosecution’s request, has resigned, as reported by his office’s spokesman, Jorge Ortega. A judge in Guatemala has authorized an arrest warrant against the president, accused of leading a network of corruption in the country. The prosecution’s spokeswoman, Julia Barrera, told reporters that the Public Ministry (MP) made this request but, for the ...Read full article...

Brazilian Police ban black teens from entering famous beaches

Last weekend the military police of Rio de Janeiro prevented 160 young people from the north suburbs of the city to enter the famous beaches of Ipanema and Copacabana. Young, black and poor children, traveling with nothing on several bus lines to the south privileged carioca beaches ended up on the floor of a police van without having committed any crime. The police action intended to contain a new ...Read full article...

Dilma’s reelection campaign may have been financed by money diverted from Petrobras

The Minister of the Superior Electoral Tribunal (TSE) of Brazil,Gilmar Mendes,seems to have detected signs that the reelection campaign of President Dilma Rousseff received money diverted from Petrobras. Should this fact be confirmed, it could start criminal proceedings that may in fact result in the Dilma’s removal from the presidency. “I consider it essential to inform the competent authorities about the evidence of illegal electoral practicesand crimesthat may be ...Read full article...

Obama’s war on Venezuela

Endless US hot wars rage in multiple theaters. Covert destabilizing ones target numerous other countries. Toppling Venezuela’s government has been a US objective since Chavez took office in February 1999 – so far not achieved but ongoing without letup. Occasional US soft diplomatic talk is pure deception – including John Kerry saying Washington “seek(s) ways to improve a historically strong relationship” on the occasion of Venezuela’s July 5 independence ...Read full article...

Brazil wants Dilma and Lula behind bars

Brasilia, Rio de Janeiro and São Paulo saw the largest protests in the country. Thousands of people protested Sunday against Brazilian President Dilma Rousseff and the Workers Party (PT) in at least nine states and the capital, Brasilia, in events organized by groups advocating the removal or resignation of the president and/or a military intervention. They were numerous posters and banners with the slogan “Get out Dilma” and “Get ...Read full article...

Brazil warming up for a new March against Rousseff

Millions of people are scheduled to protest President Dilma Rousseff all over the country today. Dilma’s popularity has fallen to a mere 8% amid the growing political and economic crisis. The demonstrations called for this Sunday will be the third since Rousseff started her second term to which she was re-elected in October 2014. In the seven and a half months since the start of her new term, support ...Read full article...

Venezuela’s Savage Scarcity

Although not recognized by the Maduro administration, Venezuela’s inflation rate reached almost 100% in the first quarter of 2015. In Venezuela the government controls the body responsible for publishing real inflation data. That is why it is impossible to know the official inflation rate in the country. However, it is estimated that in early 2015, Venezuelans already had a 90% inflation rate on basic food items. In a statement ...Read full article...

Support for Dilma Rousseff plunges to historical low

Despite low support for her government Rousseff remains defiant: “I am strong and can stand attacks and injustices”. The president of Brazil, Dilma Rousseff, is one step closer to the precipice. The political crisis that threatens her government is advancing rapidly since taking office for a second time in January and now, besides maneuvering strategies to neutralize her political enemies that are challenging her mandate, she has to face ...Read full article...

Brazilian Political Corruption rooted at the Core

The fraudulent house of cards is being shaken with scandal after scandal. While Luíz Inácio ‘Lula’ da Silva stealthly rents out private jets to travel to Italy, his co-horts are captured and imprisoned for money laundering, bribery and other forms of corruption. Last week we reported how the Brazilian Federal Police had arrested former minister José Dirceu. He was one of the most influential men in the government of ...Read full article...

Brazilian Police murder with impunity

The films ‘City of God’ and ‘Elite Squad’ were neither an exaggeration nor a romantic way to show how violence governs over Rio de Janeiro. Amnesty International has revealed that almost 16% of all homicides in Rio de Janeiro in the last five years were carried out by agents of the Military Police of the city who were on duty. In total 1,519 deaths were attributed to men in ...Read full article...

José Dirceu re-arrested in connection with Petrobras scandal

Dirceu is suspected of having benefited from money diversion scandal at Petrobras The Brazilian Federal Police arrested former minister José Dirceu on Monday. Dirceu was one of the most influential men in the government of former President Luiz Inacio Lula da Silva who had been convicted of corruption back in 2005, for his alleged involvement in irregularities in Petrobras. Dirceu was sentenced to ten years and eleven months in ...Read full article...