Brazil

UPDATE 1-Brazil to scrap support for development bank in 2015

(Recasts to detail decision on BNDES support; adds background from paragraph 4)

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Rousseff mulls Barbosa, Mercadante for Petrobras chairman: source 19 Dec 2014

BRASILIA - Brazilian President Dilma Rousseff is considering Aloizio Mercadante, her chief of staff, or incoming Planning Minister Nelson Barbosa for the position of chairman of state-controlled oil producer PetrĂ³leo Brasileiro SA's board, a source with knowledge of the situation said on Friday.

Rousseff mulls Barbosa, Mercadante for Petrobras chairman - source 19 Dec 2014

BRASILIA, Dec 19 - Brazilian President Dilma Rousseff is considering Aloizio Mercadante, her chief of staff, or incoming Planning Minister Nelson Barbosa for the position of chairman of state-controlled oil producer PetrĂ³leo Brasileiro SA's board, a source with knowledge of the situation said on Friday.

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McIlroy and Wust take top Reuters awards 19 Dec 2014

LONDON - Double major golf winner Rory McIlroy and prolific Olympic Dutch speed skater Irene Wust have been named Reuters sportsman and sportswoman of the year after a poll of the news agency's sports journalists from around the world.

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Brazil's Rousseff vows clean-up of scandal-tainted Petrobras 19 Dec 2014

SAO PAULO - Brazilian President Dilma Rousseff, dogged by a multibillion-dollar corruption scandal at state-run oil company Petrobras, vowed on Thursday to stamp out graft at the flagship firm and place it under strict corporate governance.

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Brazil's Rousseff vows clean-up of scandal-tainted Petrobras 19 Dec 2014

SAO PAULO - Brazilian President Dilma Rousseff, dogged by a multibillion-dollar corruption scandal at state-run oil company Petrobras, vowed on Thursday to stamp out graft at the flagship firm and place it under strict corporate governance.

UPDATE 2-Brazil's Rousseff vows clean-up of scandal-tainted Petrobras 19 Dec 2014

(Recasts throughout with Rousseff speech, call for national anti-corruption pact)

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Brazilian lawmakers urge indictments in Petrobras scandal 18 Dec 2014

BRASILIA - A congressional committee investigating a mushrooming corruption scandal at Brazil's state-run oil company Petroleo Brasileiro SA recommended on Thursday that prosecutors bring charges against 52 people for alleged money laundering and racketeering.

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Germany end title drought with sparkling run in Brazil 18 Dec 2014

BERLIN - It had been 18 years since Germany last won an international title and the pressure on the football powerhouse to finally deliver on promises was immense at the World Cup in Brazil.

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Exclusive - Brazil's Rousseff to slash budget to regain confidence 18 Dec 2014

BRASILIA - Brazilian President Dilma Rousseff is planning a package of budget cuts and tax increases worth as much as 100 billion reais ($36 billion) in an aggressive attempt to recover investor confidence at a time of growing strain on emerging markets, senior government officials told Reuters.

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North Korea says did not hack Sony, wants joint probe with U.S.

SEOUL/WASHINGTON - North Korea said U.S. accusations that it was involved in a cyberattack on Sony Pictures were "groundless slander" and that it was wanted a joint investigation into the incident with the United States. | Video