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Weekly Roundup: U.S. to Play Bigger Role in Petrobras Investigation, EU Banks to Shed Thousands of Risky Accounts, and More
printBrazil's senate suspended President Dilma Rousseff for up to six months while she waits for an impeachment trial on allegations that she attempted to hide the nation's deficit by borrowing money from state-owned banks, the Guardian reported. Vice President Michel Temer will temporarily step in for Rousseff, who accuses her opponents of attempting a coup. More Temer separately pledged to support the ongoing bribery and money laundering investigation involving state-run oil company Petrobras, the Washington Post reported. Rousseff, who has not been charged in the case, served as a chairwoman during the time of the accusations. More American officials are...
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