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Edition: U.S. Article Comments (1) Slideshow Email Print Reprints Read U.S. Nuclear Weapons Have Been Compromised by Unidentified Aerial Objects PR Newswire 15 Sep 2010 Blockbuster files for bankruptcy 10:27am EDT Yuan tensions in focus as Obama meets China's Wen | Video 10:12am EDT Abbott recalls beetle-tainted Similac baby formula 22 Sep 2010 Instant view: Weekly jobless claims rise unexpectedly 8:57am EDT Shared Time running out to make grandkids rich 22 Sep 2010 Facebook working on creating two smartphone devices: report 9:01am EDT Wind could have parted Red Sea for Moses: report 21 Sep 2010 Women trading Wall Street for Main Street 22 Sep 2010 Editor's choice 7:50am EDT Watched NASA unveils latest mars rover Tue, Sep 21 2010 Soros: Gold "not safe" Wed, Sep 15 2010 Hilton detained; Gaga rallies Tue, Sep 21 2010 NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Special report: Dilma Rousseff, Brazil's "automatic pilot" Tweet This Share on LinkedIn Share on Facebook Factbox FACTBOX-Key political risks to watch in Brazil Wed, Sep 1 2010 Related News Special Report: Who can beat Hugo Chavez? Tue, Sep 21 2010 Special Report: Blue-collar, unemployed and seeing red Wed, Sep 15 2010 Bernanke's speech to Jackson Hole conference Fri, Aug 27 2010 Related Topics World » Brazil » 1 / 5 Brazil's presidential candidate for the ruling party PT (Workers Party), Dilma Rousseff (L), chats with Brazilian President Luiz Inacio Lula da Silva in Brasilia, May 19, 2010. Credit: Reuters/Ricardo Moraes By Brian Winter and Natuza Nery JUIZ DE FORA, Brazil | Thu Sep 23, 2010 9:09am EDT JUIZ DE FORA, Brazil (Reuters) - Here's some advice for anyone who meets Dilma Rousseff (aka "Stella.") First, speak quickly. And second, if you're looking to ingratiate yourself, it's probably not a good idea to suggest that major reforms are needed for Brazil to retain its title as one of the world's fastest-growing emerging economies. In an interview with Reuters, the woman who is almost certain to be elected Brazil's president in October flatly dismissed the need for big budget cuts or changes to some of the world's most restrictive labor laws. Asked if it was possible for Brazil to keep growing at a 7 percent annual pace without such reforms, Rousseff shook her head, smiled, and interrupted the question. "Is Brazil growing (that quickly) now?" she asked sharply. Well, yes, but some economists say... "But is it growing?" Yes. "Well, then, it's possible," she concluded. The message was clear, and it was reinforced in interviews with about a dozen of Rousseff's top advisers: for better or worse, the 62-year-old former guerrilla leader, who has evolved over time into a highly pragmatic career civil servant, does not plan major changes to Brazil's economic policies if she is elected. Rousseff's wager is that she will be able to create millions of jobs, improve Brazil's woeful infrastructure and schools, and harness its newfound oil wealth without deviating substantially from the mix of social welfare plans and market-friendly policies that have made her former boss, current President Luiz Inacio Lula da Silva, wildly popular both at home and on Wall Street. "We're going to follow Lula's path!" Rousseff vowed to a crowd of 10,000 at a Friday night rally in the southeastern city of Juiz de Fora. Lula, who plucked her from relative obscurity to run for elected office for the first time in her life, stood by her side, beaming. Lula, for his part, has left little doubt that he expects his chosen successor to hew closely to his policies when he leaves office on January 1. As he told a crowd in August: "If I see something wrong, I'm going to call my president and say look, there's a problem here. You can take care of it, my child, because I wasn't able to." As president, Rousseff will likely oversee a continued expansion of the government's role in the strategic oil sector, according to her advisers. State-owned banks will keep playing a major part in providing mortgages for low-income families and doling out funds for infrastructure projects, especially as Brazil prepares to host the World Cup and Olympics in 2014 and 2016, respectively. Yet fears that Rousseff will govern significantly to the left of Lula -- expressed by some investors and opposition politicians -- seem overdone. An examination of her time as energy minister and then as cabinet chief in Lula's government paints a portrait of a demanding technocrat concerned primarily with job creation who openly disdains the inefficiencies often seen in the public sector. She has repeatedly surrounded herself with the most market-friendly officials in her left-leaning Workers' Party. 1 2 3 4 5 6 7 8 Next World Brazil Comments See All Comments (1) | Post Comment Sep 23, 2010 10:34am EDT Many people here say that Lula would win these elections even if he picked a ‘lamp post’ as a candidate! He hasn’t yet. After 3/10 we’ll know about that for sure. It seems that people’s perception is that Dilma a female-version of Lula, many have even disclosed their vote for Lula’s wife: Dilma! She is, in fact, ahead in polls ‘though, today, figures are going a bit down, after so many days of continuous unfavorable headlines talking about corruption scandals envolving Dilma’s former executive secretary (Erenice Guerra) while she lead Lula’s Chief of Staff office. Erenice, whom Dilma pushed to become the new Chief of Staff when leaving to run for the Presidency, has been fired, along with an extensive list of family members and co-workers, because none of them managed to prove their innocence in the corruption scheme! Many hope for the best: Dilma fighting in a second turn, while accusations will pile up forcing her to be on the defense! Today, in São Paulo, labor unions and other extreme-leftists, supported by the government party PT, will be parading against what they claim to be a ‘coup d’etat’ by the media: newspapers, magazines, tv networks, bloggers,(you name it!) woulbe be trying to undermine Dilma’s candidacy by accusing her campaign and Dilma herself for that matter of planning and leading a corrupt administration. Maybe Marina Silva, the green-party, PV, candidate, currently in 3rd, will profit from all this eventually. MiriamGMendes Report As Abusive See All Comments (1) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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