Brazil's Temer denies plan to privatize subsalt oil, raise retirement age

SAO PAULO: The office of interim President Michel Temer denied any plans to privatize Brazil's oil reserves in an offshore region known as the subsalt, rebutting what it called "false accusations" made by suspended President Dilma Rousseff during her trial in the Senate on Monday.

A statement from Temer's office also said the government was not discussing an increase in the minimum retirement age to 70 or 75.