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Who is Dilma Rousseff? New BRICS bank chief

Former Brazilian President Dilma Rousseff has been “unanimously elected” as the head of New Development Bank (NDB), a multilateral financial institution set up by the five BRICS (Brazil, Russia, India, China, South Africa) countries, replacing Marcus Troyjo, who is also from Brazil.

Like fans watching a football final, Brazilians cheered and hugged when lawmakers voted for President Dilma Rousseff’s impeachment, while the losing side sobbed and walked out in disgust at the result.(Reuters Photo)
Updated on Mar 25, 2023 06:26 AM IST
By, Beijing

Bolsonaro appoints army reserve general to head Petrobras

His statements were followed by a sharp drop in the oil company's share prices. They closed down 7.92 percent Friday, with preferred shares down 6.63 percent.

Leftist former president Dilma Rousseff froze fuel prices several times in 2014 and 2015 despite the price of oil increasing at the time. But that state intervention into Petrobras prices ended when Rousseff was impeached in 2016 and removed from office. (Bloomberg)
Published on Feb 20, 2021 09:10 AM IST
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