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Rousseff phone tap puts doubt over govt’s future

Bloomberg Large anti-government protests broke out in Brazil as President Dilma Rousseff’s bid to salvage her government by naming Luiz Inacio Lula da Silva as chief of staff appeared to backfire. Only hours after Rousseff on Wednesday afternoon said she was bringing Lula to the government for his merit and not to shield him from a corruption probe, Federal Judge ...

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Obama calls GOP bluff with ‘Garland’ nomination

Bloomberg The last time President Obama had a high court seat to fill, in 2010, Republicans singled out Federal Appeals Court judge Merrick Garland as their preferred choice. Utah Senator Orrin Hatch, an influential GOP voice on judicial nominations, said publicly at the time that he’d gone so far as to recommend Garland to the president as “a consensus nominee” ...

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BoE keeps key rate at 0.5%, says Brexit may hit spending

Bloomberg ­Bank of England officials kept their key interest rate at a record low and said uncertainty stemming from Britain’s referendum on its European Union membership may hold back investment and economic growth. The nine-member Monetary Policy Committee, led by Governor Mark Carney, unanimously agreed to maintain the benchmark at 0.5 percent — where it’s been for seven years. The ...

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