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The Banco Central do Brasil (BACEN) has revised downward its growth forecasts for 2016 and 2017.
The BRICS Bank will also soon set up a hotline with the new China-led Asian Infrastructure Investment Bank.
China's major stock indexes regained some ground on Friday after Beijing ditched a circuit breaker mechanism.
New Finance Minister Barbosa is closer to Rousseff’s party (Workers Party) leaders than Levy was.
'Continued adverse fiscal developments and the increased political uncertainty,' Fitch says, have damaged Brazil's economic prospects.
Rousseff denied her involvement in the corruption scandal.
India’s Commerce Minister met Brazilian Foreign Minister Mauro Vieira on Monday to discuss common concerns.
After the plane landed safely, passengers were evacuated to hotels, but no bomb was found on board.
A corruption scandal at Brazil’s state oil giant Petrobras, has implicated politicians in Rousseff’s party, although not the president herself.
Delayed proceedings would benefit the opposition, which would then have more time to mobilize support against Rousseff.
