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Brazil budget not conducive to reality, finance minister says

Kenneth Rapoza – Forbes Magazine, 5/25/2015

Brazil’s federal budget needed some slicing and dicing in the financial editing rooms in the capital city last month because it was “nowhere close”  to reality, Finance Minister Joaquim Levy said on Monday. 151 more words

Nation, Politics & Government

Brazil president urges broad investigation after FIFA probe

IBN Live – 5/28/2015

Brazil’s President Dilma Rousseff called on Wednesday for a comprehensive investigation of wrongdoing in soccer after U.S. and Swiss authorities announced separate inquiries into the activities of the game’s powerful governing body, FIFA. 54 more words

Nation, Politics & Government

In Brazil, FIFA scandal met with sense of vindication

Taylor Barnes, USA Today – 5/28/2015

As word of the arrests of 14 FIFA officials and sports executives spread, many Brazilians responded with surprise, a measure of support and a sense of vindication over the news. 81 more words

Nation, Politics & Government

Sepp Blatter says FIFA must police itself

Sam Borden, Andrew Das, Dan Bilefsky – The New York Times, 5/28/2015

Sepp Blatter, the president of world soccer’s governing body, acknowledged the “unprecedented and difficult times” for his organization on Thursday and said it must do a better job of policing itself, but he largely avoided taking responsibility for the actions of “a tiny minority” arrested in a corruption inquiry this week. 118 more words

Nation, Politics & Government

If you think Brazil's first quarter was bad, wait for the second

David Biller – Bloomberg Business, 05/27/2015

Brazil’s economy probably shrank in the first three months of 2015, and the second quarter may be worse as the nation enters its first recession in six years. 127 more words

Nation, Politics & Government

In Brazil, FIFA scandal met with sense of vindication

Taylor Barnes – USA Today Sports, 05/28/2015

As word of the arrests of 14 FIFA officials and sports executives spread, many Brazilians responded with surprise, a measure of support and a sense of vindication over the news. 81 more words

Nation, Politics & Government

Brazil's senate clears second austerity bill

Paulo Trevisani, Djania Savoldi – The Wall Street Journal, 05/27/2015

The Brazilian Senate on Wednesday approved a controversial bill meant to save taxpayer money by reducing pension payments to widows. 66 more words

Nation, Politics & Government