New era for Brazil as Rousseff cedes power to Temer

Suspended President Dilma Rousseff urged Brazilians to "mobilize" against a "coup" as she addressed supporters at the Planalto Palace in Brasilia, on May 12, 2016Brasília (AFP) - Brazil entered a new era Thursday as interim president Michel Temer took power from suspended leader Dilma Rousseff, installing a business-friendly government that ends 13 years of leftist rule in Latin America's biggest nation. The center-right former vice president wasted no time in putting his stamp on Brazil, naming a new government he said would restore "credibility" after months of economic and political turmoil. One key nomination was a respected former central bank chief, Henrique Meirelles, for finance minister, with the task of helping the huge economy claw out of the deepest recession in decades.

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