Brazil’s Senate, Rousseff to propose market-friendly agenda

Silvio Cascione – Reuters, 8/12/2015

Brazilian President Dilma Rousseff and leading senators plan to introduce an agenda of market-friendly proposals this week, in a move one senior official said was aimed at countering a revolt by lower chamber lawmakers.

The “Brazil Agenda” put forward by Senate President Renan Calheiros was discussed at a dinner Rousseff hosted for senators from her coalition on Monday as she looks to rekindle economic growth and overcome a major political crisis.

The conversation suggests a rapprochement between Rousseff and Calheiros, whose ties had been strained because of the senator’s outrage at being investigated for alleged involvement in a corruption scandal at state-run oil firm Petrobras, formally known as Petroleo Brasileiro SA.

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