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Updated: 52 min 4 sec ago

Brazil poll ends in corruption slugfest

1 hour 18 min ago
Presidential candidates traded accusations over political corruption in a last ditch attempt to sway undecided voters.

Brazil poll rivals clash over corruption claim

Fri, 10/24/2014 - 8:12pm
Brazil's presidential candidates clashed over corruption allegations in a final debate, as incumbent Dilma Rousseff rejected a report that she knew about a kickback scheme at state oil giant Petrobras. The last debate before Sunday's run-off election was heated from the start as the report in conservative newsweekly Veja dominated opening exchanges before the candidates moved on to the economy ...

Brazil presidential campaign ends in slugfest over corruption

Fri, 10/24/2014 - 7:21pm
By Anthony Boadle BRASILIA (Reuters) - Presidential candidates traded accusations over political corruption on Friday night in a last ditch attempt to sway undecided voters before Sunday's election runoff in Brazil's closest race in decades. In the final television debate of a bitter campaign, leftist President Dilma Rousseff and pro-business opposition candidate Aecio Neves sparred over who was ...

Brazil's election: 'Ghosts' versus 'Monsters'

Fri, 10/24/2014 - 6:06pm
RIO DE JANEIRO (AP) — Brazilian voters electing a new president this weekend are being asked to decide what scares them least: the incumbent's warnings about the "ghosts of the past," or her challenger's charges about the "monsters of the present."

Brazil presidential rivals face off in debate

Fri, 10/24/2014 - 4:23pm
RIO DE JANEIRO (AP) — Brazil's presidential candidates faced off in a heated debate Friday night just two days before their runoff election, with the focus on allegations of corruption and arguments over who could best spark a stalled economy.

Rousseff up, Neves reeling as Brazil heads to run-off

Fri, 10/24/2014 - 10:35am
After a no-holds-barred campaign, Brazil's leftist leader Dilma Rousseff is the favorite heading into a presidential run-off election Sunday against bruised center-right challenger Aecio Neves. As the hard-fought race to lead the world's seventh-largest economy entered the final stretch, two opinion polls released Thursday gave Rousseff -- looking to extend 12 years of Workers' Party (PT) rule ...

Brazil's president charges magazine with 'electoral terrorism'

Fri, 10/24/2014 - 8:02am
JC Finley SAO PAULO, Oct. 24 (UPI) -- Brazil's President Dilma Rousseff accused Veja magazine Friday of "electoral terrorism" for reporting she was aware of embezzlement at Petroleo Brasileiro SA.

Brazil ETFs Limp Into Election Weekend

Fri, 10/24/2014 - 5:00am
By the looks of the recent price action in Brazil exchange traded funds, financial markets are pricing in the result of Sunday’s runoff election between President Dilma Rousseff and challenger Aecio Neves. ...

Brazil posts widest current account gap as pct of GDP since 2002

Fri, 10/24/2014 - 3:42am
Brazil's current account deficit widened sharply in September, central bank data showed on Friday, reaching its largest 12-month gap in more than a decade as the country's trade balance suffers from lower commodity prices. Brazil posted a current account deficit of $7.907 billion in September, its largest this year and above market expectations for a gap of $7.250 billion, according to the ...

Brazil $101 Billion Swaps Position Looms Before Election

Thu, 10/23/2014 - 11:21pm
Fourteen months after Brazil began selling billions of dollars-worth of derivative contracts to shore up its currency, the strategy is proving ineffective and raising concern in financial markets. Some analysts say the swaps, which are equivalent to selling dollars in the futures market and now amount to 27 percent of foreign reserves, are approaching critical levels. The real has weakened 11 ...

Brazil's president widens lead in polls ahead of Sunday vote

Thu, 10/23/2014 - 11:52am
By Anthony Boadle BRASILIA (Reuters) - President Dilma Rousseff has a clear lead over opposition candidate Aecio Neves and would win Sunday's presidential election runoff by six to eight percentage points, two opinion polls showed on Thursday. In Brazil's tightest election in decades, the leftist incumbent's aggressive campaign against pro-business senator Neves has succeeded in bolstering her ...

Brazil poll winner must overhaul economy: analysts

Thu, 10/23/2014 - 10:02am
Brasília (AFP) - Regardless of whether incumbent Dilma Rousseff or challenger Aecio Neves wins Sunday's Brazilian presidential election run-off, this Latin American powerhouse needs an economic overhaul, analysts say. Memories of growth racing ahead 7.5 percent in 2010 are now distant, with Brazil sliding into recession amid rising inflation and low investment. The market prefers Social Democrat ...

Brazil players told not to wear hats, earrings

Thu, 10/23/2014 - 8:40am
Brazil players are being told not to wear hats, earrings or flip-flops while serving the national football team under the command of coach Dunga. They also can't use mobile phones or tablets at certain times, and are discouraged from engaging in religious or political discussions. The internal code of conduct was published Thursday by the Folha de S. Paulo newspaper, Brazil's largest daily. The ...

Brazil pres. candidates make stops in Rio

Thu, 10/23/2014 - 8:39am
RIO DE JANEIRO (AP) — Brazil's presidential candidates are making campaign stops in Rio de Janeiro just days before Sunday's election.

Economic bounce, tough campaign point to Rousseff win in Brazil

Thu, 10/23/2014 - 8:15am
By Brian Winter MATEUS LEME Brazil (Reuters) - President Dilma Rousseff looks positioned to narrowly win a second term on Sunday thanks to a slight rebound in the economy and her success in portraying her rival as an elitist who would take Brazil back to a more heartless era. Rousseff, a leftist, has a lead of about 4 percentage points in polls against Senator Aecio Neves of the centrist ...

Thiago Silva and Lucas back in Brazil squad

Thu, 10/23/2014 - 4:53am
SAO PAULO (AP) — Paris Saint-Germain players Thiago Silva and Lucas are back in Brazil's squad for friendlies against Turkey and Austria next month.

Monsanto, soy exporter royalties dispute rages on in Brazil

Thu, 10/23/2014 - 2:50am
The majority of soy exporting firms in Brazil have still not agreed to collect royalties for seed giant Monsanto Co, threatening sales of up to a quarter of the country's soy crop, industry association Abiove said on Thursday. A small, local exporter told Reuters earlier this month it had agreed to police farmers' royalty payments on Monsanto's new Intacta RR2 Pro seeds in exchange for a fee ...

Brazil Bovespa index erases 2014 gains as election fears mount

Thu, 10/23/2014 - 2:38am
Brazil's benchmark Bovespa stock index on Thursday erased all of its 2014 gains as investors feared President Dilma Rousseff may defeat market-favorite candidate Aecio Neves in Sunday's presidential elections. Bets that Neves would become Brazil's next president had boosted Brazilian stocks since he recovered from a distant third place just before the first round of elections on Oct. 5 and made ...

Brazil's jobless rate drops to 4.9 pct in September

Thu, 10/23/2014 - 2:11am
Brazil's jobless rate fell slightly in September, setting a new record for the month and helping President Dilma Rousseff in a closely fought election campaign just days before the vote. Brazil's non-seasonally adjusted jobless rate fell to 4.9 percent in September from a six-month high of 5.0 percent in August, statistics agency IBGE said on Thursday. It was also the lowest rate for September ...

Brazil race hinges on appeal to lower middle class

Thu, 10/23/2014 - 1:50am
RIO DE JANEIRO (AP) — The debate boiled in Lena's Salon in Rio's Cantagalo slum, as patrons argued about who should win Sunday's presidential election.