IBOV 176,231 ▲ 0.28% IPSA 10,928 ▲ 0.16% IPC MEX 66,841 ▲ 1.32% MERVAL 3,265,384 ▲ 0.93% COLCAP 2,299.44 ▼ 0.36% BVL PERÚ 56,428.20 ▲ 2.28% USD/BRL5.07▼ 1.33% USD/MXN17.39▼ 0.79% USD/CLP923.81▼ 0.97% USD/COP3,252▼ 0.33% USD/PEN3.39▼ 0.56% USD/ARS1,475▼ 0.54% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.31▲ 0.39% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.64% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.29% BRENT 84.09 ▲ 0.95% WTI 78.50 ▲ 0.46% IRON ORE 161.91 — — COPPER 6.43 ▲ 3.11% GOLD 4,096 ▲ 2.46% SILVER 59.70 ▲ 3.58% SOY 1,190 ▼ 1.02% CORN 459.00 ▲ 4.85% WHEAT 639.50 ▲ 1.99% COFFEE 345.10 ▲ 1.08% SUGAR 14.83 ▲ 0.54% ORANGE JUICE 137.80 ▼ 3.33% COTTON 81.07 ▲ 1.55% COCOA 5,687 ▼ 0.16% BEEF 228.18 ▼ 2.79% CATTLE 349.63 ▼ 1.33% LITHIUM 71.74 ▲ 2.13% PETR4 40.38 ▼ 0.69% VALE3 74.14 ▲ 1.77% ITUB4 43.71 ▲ 0.44% BBDC4 18.75 ▼ 0.11% ABEV3 15.93 ▲ 0.63% BBAS3 20.51 ▲ 1.33% B3SA3 15.33 ▲ 1.39% WEGE3 44.37 ▼ 0.05% PRIO3 56.46 ▼ 1.29% SUZB3 40.98 ▼ 1.23% RENT3 40.19 ▼ 0.02% AZZA3 18.95 ▼ 1.40% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.48 ▼ 4.25% GMAT3 3.94 — 0.00% PSSA3 54.08 ▲ 0.07% CVCB3 1.29 ▲ 3.20% POSI3 3.95 ▼ 1.00% SLCE3 13.74 ▼ 0.94% NATU3 8.46 ▼ 1.63% BRKM5 6.72 ▼ 3.17% RANI3 8.00 ▲ 0.63% CSNA3 5.18 ▼ 1.15% CMIN3 5.32 ▼ 2.39% USIM5 8.29 ▼ 1.07% GGBR4 23.11 ▲ 1.27% ENEV3 26.87 ▼ 0.04% CPFE3 47.00 ▲ 0.34% CMIG4 11.10 ▲ 0.27% EQTL3 40.78 ▲ 1.42% LREN3 14.17 ▲ 0.14% VIVT3 35.22 ▲ 1.41% RAIL3 14.06 ▼ 0.35% KLABIN 17.36 ▼ 0.69% RAIA DROGASIL 18.54 ▲ 1.87% RDOR3 35.83 ▲ 0.76% HAPV3 10.68 ▲ 2.10% FLRY3 16.19 ▲ 0.25% SMTO3 16.37 — 0.00% UGPA3 29.68 ▼ 4.04% VBBR3 32.76 — 0.00% BBSE3 40.23 ▼ 0.12% BPAC11 58.27 ▲ 1.30% CURY3 32.70 ▼ 1.27% AERI3 2.08 — 0.00% VIVARA 23.27 ▲ 0.69% COMPASS 25.08 ▲ 1.25% VAMOS 3.02 — 0.00% SANB11 27.55 ▲ 0.66% ASAI3 8.62 ▼ 1.03% SBSP3 30.39 ▲ 0.07% WALMEX 49.75 ▲ 0.20% GMEXICO 203.43 ▲ 4.01% FEMSA 231.50 ▲ 2.72% CEMEX 22.55 ▲ 3.54% GFNORTE 186.19 ▲ 2.26% BIMBO 56.30 ▲ 0.77% TELEVISA 9.61 — 0.00% AMX 22.86 ▲ 1.20% GAP 387.82 ▼ 4.99% ASUR 278.33 ▼ 0.12% OMA 234.31 ▲ 0.42% KOF 181.66 ▼ 0.01% GRUMA 280.44 ▼ 0.33% KIMBER 38.34 ▲ 0.31% SQM-B 67,616 ▲ 0.60% COPEC 6,021 ▼ 0.61% BSANTANDER 79.00 ▲ 1.02% FALABELLA 5,922 ▲ 0.29% ENELAM 84.79 ▲ 0.70% CENCOSUD 2,055 ▲ 0.71% CMPC 1,070 ▼ 0.74% BANCO CHILE 188.50 ▲ 1.89% LATAM AIR 24.52 ▼ 1.53% YPF 78,275 ▲ 1.43% GGAL 8,215 ▲ 1.67% PAMPA 5,230 ▲ 0.10% TXAR 663.00 ▼ 0.23% ALUAR 961.50 ▼ 0.31% TGS 9,655 ▲ 0.89% CEPU 2,315 ▼ 0.17% MIRGOR 17,000 — 0.00% COME 45.64 ▲ 1.92% LOMA NEGRA 3,545 ▲ 1.36% BYMA 308.00 ▼ 0.08% TELECOM ARG 4,265 ▲ 0.35% ECOPETROL 15.75 ▼ 0.82% BANCOLOMBIA 82.29 ▲ 2.33% GRUPO AVAL 4.92 ▲ 0.20% CREDICORP 394.07 ▲ 1.25% SOUTHERN COPPER 182.66 ▲ 4.66% BUENAVENTURA 31.05 ▲ 4.12% MERCADOLIBRE 1,878 ▲ 0.59% NUBANK 14.11 ▲ 3.18% XP 16.63 ▲ 1.56% PAGSEGURO 9.27 ▼ 0.16% STONE 11.24 ▲ 0.76% GLOBANT 31.53 ▼ 1.84% TECNOGLASS 43.19 ▲ 0.81% GAP AIRPORT 221.50 ▼ 4.84% ASUR 278.33 ▼ 0.12% OMA AIRPORT 107.69 ▲ 1.47% AMX ADR 26.22 ▲ 0.73% FEMSA ADR 133.17 ▲ 3.22% CEMEX ADR 12.96 ▲ 4.06% PETROBRAS ADR 17.85 ▼ 0.20% VALE ADR 14.60 ▲ 2.93% ITAU ADR 8.61 ▲ 1.59% SANTANDER BR 5.45 ▲ 1.87% AMBEV ADR 3.11 ▲ 1.63% CSN 1.02 ▼ 0.96% GERDAU 4.56 ▲ 1.56% LATAM ADR 53.49 ▲ 0.29% BTC 64,160 ▲ 3.09% ETH 1,877 ▲ 5.83% SOL 77.24 ▲ 3.18% XRP 1.10 ▲ 3.42% BNB 580.80 ▲ 2.50% ADA 0.16 ▲ 4.50% DOGE 0.07 ▲ 3.51% AVAX 6.63 ▲ 2.88% LINK 8.32 ▲ 5.71% DOT 0.85 ▲ 1.85% LTC 44.52 ▲ 2.37% BCH 238.75 ▲ 1.06% TRX 0.33 ▲ 0.44% XLM 0.18 ▲ 2.01% HBAR 0.07 ▲ 0.75% NEAR 2.04 ▲ 6.27% ATOM 1.56 ▲ 1.50% AAVE 99.45 ▲ 5.39% SELIC 14.25% EMBRAER 83.05 ▲ 0.05% EMBRAER ADR 65.50 ▲ 1.58% JBS 11.74 ▼ 0.51% JBS BDR 59.45 ▼ 1.91% MBRF3 15.87 ▲ 0.95% MBRFY 3.07 ▲ 0.66% INTER 5.80 ▲ 2.57% EGX 52,299 ▼ 0.59% USD/ZAR16.33▼ 0.90% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY161.93▼ 0.32% USD/CNY6.76▼ 0.33% DAX 25,136 ▲ 0.09% CAC 8,361 ▼ 0.04% FTSE 10,522 ▲ 0.23% MIB 52,897 ▲ 0.17% IBEX 19,363 ▲ 0.14% STOXX 641.66 ▲ 0.10% EUR/USD1.15▲ 0.61% GBP/USD1.34▲ 0.16% SPX 7,545 ▲ 0.40% DJI 52,513 ▲ 0.03% NDX 29,579 ▲ 1.07% RUT 2,965 ▲ 0.41% TSX 35,392 ▲ 0.40% VIX 16.48 ▼ 3.96% USD/CAD1.40▼ 0.76% US10Y 4.5710 ▼ 0.82% IBOV 176,231 ▲ 0.28% IPSA 10,928 ▲ 0.16% IPC MEX 66,841 ▲ 1.32% MERVAL 3,265,384 ▲ 0.93% COLCAP 2,299.44 ▼ 0.36% BVL PERÚ 56,428.20 ▲ 2.28% USD/BRL 5.07 ▼ 1.33% USD/MXN 17.39 ▼ 0.79% USD/CLP 923.81 ▼ 0.97% USD/COP 3,252 ▼ 0.33% USD/PEN 3.39 ▼ 0.56% USD/ARS 1,477 ▼ 0.40% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.31 ▲ 0.39% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.64% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.29% BRENT 84.09 ▲ 0.95% WTI 78.50 ▲ 0.46% IRON ORE 161.91 — — COPPER 6.43 ▲ 3.11% GOLD 4,096 ▲ 2.46% SILVER 59.70 ▲ 3.58% SOY 1,190 ▼ 1.02% CORN 459.00 ▲ 4.85% WHEAT 639.50 ▲ 1.99% COFFEE 345.10 ▲ 1.08% SUGAR 14.83 ▲ 0.54% ORANGE JUICE 137.80 ▼ 3.33% COTTON 81.07 ▲ 1.55% COCOA 5,687 ▼ 0.16% BEEF 228.18 ▼ 2.79% CATTLE 349.63 ▼ 1.33% LITHIUM 71.74 ▲ 2.13% PETR4 40.38 ▼ 0.69% VALE3 74.14 ▲ 1.77% ITUB4 43.71 ▲ 0.44% BBDC4 18.75 ▼ 0.11% ABEV3 15.93 ▲ 0.63% BBAS3 20.51 ▲ 1.33% B3SA3 15.33 ▲ 1.39% WEGE3 44.37 ▼ 0.05% PRIO3 56.46 ▼ 1.29% SUZB3 40.98 ▼ 1.23% RENT3 40.19 ▼ 0.02% AZZA3 18.95 ▼ 1.40% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.48 ▼ 4.25% GMAT3 3.94 — 0.00% PSSA3 54.08 ▲ 0.07% CVCB3 1.29 ▲ 3.20% POSI3 3.95 ▼ 1.00% SLCE3 13.74 ▼ 0.94% NATU3 8.46 ▼ 1.63% BRKM5 6.72 ▼ 3.17% RANI3 8.00 ▲ 0.63% CSNA3 5.18 ▼ 1.15% CMIN3 5.32 ▼ 2.39% USIM5 8.29 ▼ 1.07% GGBR4 23.11 ▲ 1.27% ENEV3 26.87 ▼ 0.04% CPFE3 47.00 ▲ 0.34% CMIG4 11.10 ▲ 0.27% EQTL3 40.78 ▲ 1.42% LREN3 14.17 ▲ 0.14% VIVT3 35.22 ▲ 1.41% RAIL3 14.06 ▼ 0.35% KLABIN 17.36 ▼ 0.69% RAIA DROGASIL 18.54 ▲ 1.87% RDOR3 35.83 ▲ 0.76% HAPV3 10.68 ▲ 2.10% FLRY3 16.19 ▲ 0.25% SMTO3 16.37 — 0.00% UGPA3 29.68 ▼ 4.04% VBBR3 32.76 — 0.00% BBSE3 40.23 ▼ 0.12% BPAC11 58.27 ▲ 1.30% CURY3 32.70 ▼ 1.27% AERI3 2.08 — 0.00% VIVARA 23.27 ▲ 0.69% COMPASS 25.08 ▲ 1.25% VAMOS 3.02 — 0.00% SANB11 27.55 ▲ 0.66% ASAI3 8.62 ▼ 1.03% SBSP3 30.39 ▲ 0.07% WALMEX 49.75 ▲ 0.20% GMEXICO 203.43 ▲ 4.01% FEMSA 231.50 ▲ 2.72% CEMEX 22.55 ▲ 3.54% GFNORTE 186.19 ▲ 2.26% BIMBO 56.30 ▲ 0.77% TELEVISA 9.61 — 0.00% AMX 22.86 ▲ 1.20% GAP 387.82 ▼ 4.99% ASUR 278.33 ▼ 0.12% OMA 234.31 ▲ 0.42% KOF 181.66 ▼ 0.01% GRUMA 280.44 ▼ 0.33% KIMBER 38.34 ▲ 0.31% SQM-B 67,616 ▲ 0.60% COPEC 6,021 ▼ 0.61% BSANTANDER 79.00 ▲ 1.02% FALABELLA 5,922 ▲ 0.29% ENELAM 84.79 ▲ 0.70% CENCOSUD 2,055 ▲ 0.71% CMPC 1,070 ▼ 0.74% BANCO CHILE 188.50 ▲ 1.89% LATAM AIR 24.52 ▼ 1.53% YPF 78,275 ▲ 1.43% GGAL 8,215 ▲ 1.67% PAMPA 5,230 ▲ 0.10% TXAR 663.00 ▼ 0.23% ALUAR 961.50 ▼ 0.31% TGS 9,655 ▲ 0.89% CEPU 2,315 ▼ 0.17% MIRGOR 17,000 — 0.00% COME 45.64 ▲ 1.92% LOMA NEGRA 3,545 ▲ 1.36% BYMA 308.00 ▼ 0.08% TELECOM ARG 4,265 ▲ 0.35% ECOPETROL 15.75 ▼ 0.82% BANCOLOMBIA 82.29 ▲ 2.33% GRUPO AVAL 4.92 ▲ 0.20% CREDICORP 394.07 ▲ 1.25% SOUTHERN COPPER 182.66 ▲ 4.66% BUENAVENTURA 31.05 ▲ 4.12% MERCADOLIBRE 1,878 ▲ 0.59% NUBANK 14.11 ▲ 3.18% XP 16.63 ▲ 1.56% PAGSEGURO 9.27 ▼ 0.16% STONE 11.24 ▲ 0.76% GLOBANT 31.53 ▼ 1.84% TECNOGLASS 43.19 ▲ 0.81% GAP AIRPORT 221.50 ▼ 4.84% ASUR 278.33 ▼ 0.12% OMA AIRPORT 107.69 ▲ 1.47% AMX ADR 26.22 ▲ 0.73% FEMSA ADR 133.17 ▲ 3.22% CEMEX ADR 12.96 ▲ 4.06% PETROBRAS ADR 17.85 ▼ 0.20% VALE ADR 14.60 ▲ 2.93% ITAU ADR 8.61 ▲ 1.59% SANTANDER BR 5.45 ▲ 1.87% AMBEV ADR 3.11 ▲ 1.63% CSN 1.02 ▼ 0.96% GERDAU 4.56 ▲ 1.56% LATAM ADR 53.49 ▲ 0.29% BTC 64,160 ▲ 3.09% ETH 1,877 ▲ 5.83% SOL 77.24 ▲ 3.18% XRP 1.10 ▲ 3.42% BNB 580.80 ▲ 2.50% ADA 0.16 ▲ 4.50% DOGE 0.07 ▲ 3.51% AVAX 6.63 ▲ 2.88% LINK 8.32 ▲ 5.71% DOT 0.85 ▲ 1.85% LTC 44.52 ▲ 2.37% BCH 238.75 ▲ 1.06% TRX 0.33 ▲ 0.44% XLM 0.18 ▲ 2.01% HBAR 0.07 ▲ 0.75% NEAR 2.04 ▲ 6.27% ATOM 1.56 ▲ 1.50% AAVE 99.45 ▲ 5.39% SELIC 14.25% EMBRAER 83.05 ▲ 0.05% EMBRAER ADR 65.50 ▲ 1.58% JBS 11.74 ▼ 0.51% JBS BDR 59.45 ▼ 1.91% MBRF3 15.87 ▲ 0.95% MBRFY 3.07 ▲ 0.66% INTER 5.80 ▲ 2.57% EGX 52,299 ▼ 0.59% USD/ZAR 16.33 ▼ 0.78% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 161.97 ▼ 0.29% USD/CNY 6.7695 ▼ 0.02% DAX 25,136 ▲ 0.09% CAC 8,361 ▼ 0.04% FTSE 10,522 ▲ 0.23% MIB 52,897 ▲ 0.17% IBEX 19,363 ▲ 0.14% STOXX 641.66 ▲ 0.10% EUR/USD 1.1448 ▲ 0.54% GBP/USD 1.3407 ▲ 0.43% SPX 7,545 ▲ 0.40% DJI 52,513 ▲ 0.03% NDX 29,579 ▲ 1.07% RUT 2,965 ▲ 0.41% TSX 35,392 ▲ 0.40% VIX 16.48 ▼ 3.96% USD/CAD 1.4056 ▼ 0.69% US10Y 4.5710 ▼ 0.82%
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Politics - Brazil Rio de Janeiro

Defense Testimonies for Brazil’s Rousseff to End This Week

By · June 27, 2016 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Senators return to work on Monday, June 27th, to listen to the last defense witnesses in the impeachment trial of suspended Brazilian President Dilma Rousseff. Analysts believe that the next two weeks may be decisive for the suspended leader, with the defense resting its case and Rousseff herself testifying before the Senate sometime next week.

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President Dilma Rousseff the first women president of Brazil is undergoing an impeachment trial, photo by Valter Campanato/Agência Brasil.
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According to an impeachment schedule, approved by senators last week, former cabinet members and budget officials are expected to speak on Rousseff’s behalf this week. Next week it will be the suspended president’s turn to defend her actions.

Rousseff, Brazil’s first woman president has been accused of mismanagement of public revenues, borrowing money from state-owned banks to pay for social programs but not including these ‘loans’ in the federal accounting results.

The suspended president is expected to reiterate her position that other, former presidents executed similar fiscal practices, although witnesses for the prosecution have said that the volume of loans taken from state-owned bank by the Rousseff Administration was much higher than anything previously seen.

The schedule for the prosecution will have a last chance to rebut defense testimony and produce more evidence to strengthen its case. The final vote by Senators on whether or not Rousseff will be permanently removed from office is expected to occur at the end of August, between the 22nd and the 26th.

The decision, therefore, would occur immediately following the closing ceremony of Rio 2016 Olympic Games, scheduled for August 21st, but before the Paralympic Games, September 7th to 18th.

If 54 or more of the 81 senators approve the impeachment, Rousseff will be forced to step down and will be ineligible to hold any public office for the next eight years.

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