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BRAZILTIMELINE

  • US and Brazil settle old dispute

    US and Brazil settle old dispute
    US sold Brazilian $300 million dollars to settle repair ties hurt by an espionage scandal.
  • Dilma Rousseff gets 41.6% of vote

     Dilma Rousseff gets 41.6% of vote
    Dilma Rousseff gets 41.6% of the vote taking out Marina Silva and Aecio Neves, her main rivals.
  • Director of Petrobas arrested

    Director of Petrobas arrested
    Renato Duque, director of services of the state-run oil company Petrobras, for money-laundering and other forms of corruption in the company.
  • Protests Over Rise in Prices

    Protests Over Rise in Prices
    In Brazil protesters in Sao Paulo fought police who used tear gas and sound bombs to disperse crowds, as thousands protested the bus fare hikes.
  • Investigation on Politicians

    Investigation on Politicians
    The Supreme Court of Brazil approved an investigation of dozens of top politicians including some people from congress and a former president Fernando.
  • Protests Over Government Corruption

    Protests Over Government Corruption
    Over a million people protested in the streets of Brazil over corruption and want Dilma Rousseff to be impeached.
  • An effort to Decrease Inflation

    An effort to Decrease Inflation
    To try and bring inflation down Brazil’s Central Bank raised interest rate by half a point to 13.75%
  • $20 million Recovered from a Petrobas Scandal

    $20 million Recovered from a Petrobas Scandal
    The state-owned oil company got about $20 million in April from a Swiss bank account opened by former Petrobras executive and he is charged with receiving bribes from some of the country's top construction firms.
  • Financial Markets Fall

    Financial Markets Fall
    after debt rating downgrade. raising the debt limit is beginning to stress financial markets. At an auction the interest rate nearly tripled relative to the auction before that, and it reached the highest level since 2008
  • Impeachment Petition

    Impeachment Petition
    Accusing Dilma Rousseff of illegal accounting practices, the opposition in Brazil filed a new impeachment petition.