05252016Wed
Last update: Wed, 25 May 2016 09pm

South America

World - South America

Colombia's Santos says tax reform must and will pass this year LONDON: Colombian President Juan Manuel Santos said a tax reform bill, considered vital to help the country cope with plunging oil revenues, will be approved by Colombia's congress before the end of 2016 and would not be delayed by the country's peace process.Speaking to investors in London, Santos said he hoped the government would soon conclude lengthy talks with leftist FARC rebels to end Latin America's longest war but said this would not detract from fiscal reform. "This will be approved, this has to be approved before the end of the year for the reform to start producing its effects next year," Santos said referring to the tax reforms. "There will be no problem." Investors are keen for signs of progress on the reform without which the country could see a downgrade to its credit ratings. Standard & Poor's said in February it could cut Colombia's rating if there is ...

World - South America

Brazilian Senate set to launch Rousseff impeachment BRASÍLIA: Brazilian President Dilma Rousseff was only hours from possibly being suspended at the start of an impeachment trial Wednesday in a political crisis paralyzing Latin America's largest country.Her government lawyer lodged a last-ditch appeal with the Supreme Court on Tuesday, but it was unclear whether the court would even respond in time.Barring a dramatic twist in events, the Senate was to start debating impeachment at approximately 9:00 am (1200 GMT), with voting expected either ...

World - South America

Rousseff vows to serve out term, ahead of Brazil impeachment vote BRASÍLIA: Brazilian President Dilma Rousseff vowed Tuesday to serve out her full term, on the eve of a Senate vote on opening an impeachment trial that could mark her last day in office."I want to assure you that for me, the last day of my term is December 31, 2018," Rousseff told a women's forum in Brasilia, where senators are expected to suspend the country's first woman president from office in a session that opens ...

World - South America

With her job on the line, Brazil's Rousseff has cleared out her office BRASILIA: Brazilian President Dilma Rousseff has packed up personal photos and stripped the shelves in her third-floor office in the Planalto presidential palace - a sign she may be resigned to losing her job in a Senate vote on Wednesday.In what could be one of her final meetings as president, Rousseff received the secretary general of the Organization of American States on Tuesday, as guards tried to stop photographers from documenting signs of an impending ...

World - South America

Brazil president in last-gasp appeal against impeachment BRASÍLIA: Brazilian President Dilma Rousseff launched a last-minute bid Tuesday to block impeachment proceedings against her in what could be her final hours in power.Her lawyers said they would appeal to the Supreme Court to annul the impeachment proceedings before the Senate gathers Wednesday to vote on whether to suspend her from office and launch an impeachment trial.The result of what is expected to be a marathon voting session may not be final until Thursday.If ...

World - South America

Rousseff's impeachment to go ahead: Brazil house speaker BRASÍLIA: The interim speaker of Brazil's lower house of Congress on Tuesday said he had reversed a decision to annul the impeachment of Brazilian President Dilma Rousseff.Waldir Maranhao said in a statement that he "reversed the decision" on Monday to cancel the April vote by lawmakers that launched the process, a formality that clears the way for Rousseff's impeachment to go ahead, Brazilian media reported.His move comes after Senate president Renan Calheiros on Monday dismissed ...

World - South America

Rousseff impeachment vote to go ahead: Senate leader BRASÍLIA: A Senate impeachment vote on Brazilian President Dilma Rousseff will go ahead this week as planned, the upper house leader said Monday, rejecting the lower chamber speaker's attempt to halt the process.Senate president Renan Calheiros said in a special session that he would ignore an order by Speaker Waldir Maranhao to send the whole procedure back to square one. Rousseff faces being suspended from office in the vote starting Wednesday."I ignore" the order, Calheiros ...