Dilma Rousseff

Bulgaria's President Rosen Plevneliev has congratulated Brazil's President Dilma Rousseff on the start of her second term in office.

Valeri Yotov, the new ambassador of Bulgaria to Brazil, has presented his credentials to the country's President Dilma Rousseff.

At a ceremony held Monday Rousseff said she was delighted to accept them. She recalled "with satisfaction" her trip to Bulgaria and hoped to repeat it, but expected a visit by her counterpart Rosen Plevneliev.

Last Sunday was a busy day: three elections, in three different continents, all of them offering at least the hope of better times.

Brazilians narrowly voted leftist President Dilma Rousseff back into office Oct. 26 for a second term after a bitter election campaign that split Latin America's biggest economy largely between the poor north and richer south.

Brazilian President Dilma Rousseff was re-elected by a thin margin in a run-off vote on Sunday in what was the closest election campaign since democracy was restored in the country 30 years ago.

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Last polls suggest Brazilian President Dilma Rousseff is expected to win by about 8 percent in the second round of elections for head of state held Sunday.

Rousseff is now facing Aécio Neves, the candidate of the Brazilian Social Democracy Party (PDSB) in what many experts say has been the tightest race since democracy was restored in Brazil in 1985.

Brazil's president, Dilma Rousseff won most votes in the country's presidential election on Sunday, but failed to secure the overall majority needed to avoid a run-off.

The Workers Party incumbent received about 42% of the vote and faces a run-off against Aecio Neves of the Social Democratic party,who got 34%, according to reports of the BBC News.

Around 143 million eligible voters in Brazil are going to the polls on Sunday to elect a President.

A total of 11 presidential candidates are competing for the post, with three of them estimated as the top contenders.

Experts predict a run-off stage, scheduled for October 26, with no candidate expected to receive 50% of the ballots cast on Sunday.

The five BRICS countries are due to create a development bank with USD 50 B in initial capital and an emergency fund, Brazil's President Dilma Rousseff announced.

At a summit staged in the Brazilian city of Fortaleza that kicked off just days after the World Cup finals, the emerging nations' leaders confirmed the project in which they had declared interest to pursue earlier in July.

Several buses were set on fire and an electronics store was looted in Sao Paulo late Tuesday following Brazil's crushing World Cup defeat to Germany, police said.

Police did not give a figure but Folha de Sao Paulo newspaper said on its website that some 20 buses were torched in a garage where unused vehicles were stored.