Michel Temer

Sen. Elizabeth Warren (D-Mass.) is once again calling out corruption in the Trump Administration, following a questionable decision made by the U.S. Securities and Exchange Commission. What Happened: On Monday, Warren shared a video on X questioning the SEC’s recent approval of...

U.S.-listed Brazilian stocks crashed this week amid fears that another political scandal will result in the impeachment of President Michel Temer. Temer, who ran on a platform of economic reform, has been in office for less than a year, but a new report by Brazilian newspaper O Globo has accused...

The corruption-induced plunge in Brazilian equities is shaking broader emerging markets exchange-traded funds. As Latin America's largest economy, Brazil is often featured prominently in diversified emerging markets ETFs, meaning even ETFs with exposure to 15 or 20 emerging markets are being...

Not yet a year into his presidency, Brazilian President Michel Temer is facing a major bribery scandal that has sent Brazilian stocks tumbling. JBS, the world’s largest meat producer, owner Joesley Batista secretly taped the president encouraging continued bribery of a jailed former-...

U.S.-listed Brazilian stocks are crashing on Thursday on fears that another political scandal will result in the impeachment of President Michel Temer. Temer, who ran on a platform of economic reform, has been in office for less than a year, but a new report by Brazilian newspaper O Globo has...

“As of December of last year, we’ve seen a very large shift in expectations with Mauricio Macri’s victory [in Argentina], given that the third economy in the continent, trailing Brazil and Colombia, turned drastically from a populist, economic growth model to a more pro-liberal...

Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) has been in the spotlight this week, up roughly 5.5 percent. Earlier this week, the country’s former president, Luiz Inacio Lula da Silva, was indicted in a corruption probe related to the energy company, which also announced a 25 percent...

It’s a bittersweet day for democracy: while some celebrate the prevalence of the judicial system and democratic checks and balances, others mourn the loss of a popular leader that, some say, was unjustly removed from her position in a move repeatedly characterized as a coup d’é...

The iShares MSCI Brazil Index (ETF) (NYSE: EWZ) is up nearly 68 percent this year, easily making it one of 2016's best performing single-country exchange-traded funds, emerging markets or otherwise. Commodities And Politics Among the catalysts often cited for EWZ's resurgence are rebounding...

In an attempt to reduce the country’s fiscal deficit, the Brazilian government, now led by interim President Michel Temer, will soon be hosting several investor meetings in an attempt to sell some state assets, Reuters reported. As per Wellington Moreira Franco, one of the main government...

After an all-night-long, heated debate, the Brazilian Senate voted in favor of suspending President Dilma Rousseff on Thursday, giving way to an impeachment trial against her. The country’s elected president has been accused of misappropriating funds from public banks to cover deficits in...

Drama continues to unravel in Brazil. Until last Friday, President Dilma Rousseff's impeachment looked like a sure thing after a Senate committee recommended a trial for the infringement of budget laws. This left the head state just one step away from being suspended and replaced by Vice...

The impeachment of Brazilian President Dilma Rousseff seems more tangible than ever, after a Senate committee recommended a trial for the infringement of budget laws, using funds from public banks to cover deficits in other areas. Now, all that's left is the full Senate's vote next week,...

Brazil's troubling political situation may have taken a turn for the worse as the country's Parliament voted to commence impeachment proceedings against President Dilma Rousseff. Rousseff faces charges of manipulating government accounts. As noted by the BBC, she is accused of "using creative...

As the Brazilian real depreciated and corruption scandals linked high level government officials – many of which have been arrested – to massive bribery cases at state-controlled oil company Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) (NYSE: PBR-A), Brazil’s crisis seemed...