Morning Minutes: What will make headlines, Aug 29, 2016

Brazilian suspended President Dilma Rousseff is expected to appear today (Aug 29) to defend herself in an impeachment trial.
Brazilian suspended President Dilma Rousseff is expected to appear today (Aug 29) to defend herself in an impeachment trial. PHOTO: AFP

Good morning! Morning Minutes is a round-up of stories that will break on Monday, Aug 29, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

Impeachment trial on in Brazil 

Brazil’s suspended president Dilma Rousseff is scheduled to appear in person today (Aug 29) to defend herself in an impeachment trial that is expected to remove her from office for good. She is being accused of illegal accounting practices and fiddling with the country’s Budget to mask a slumping economy.

US Secretary of State John Kerry on visit to Bangladesh, India 


United States Secretary of State John Kerry is set to visit Bangladesh and India this week. PHOTO: AFP

United States Secretary of State John Kerry will visit Bangladesh today (Aug 29) to discuss closer cooperation on international issues and hold talks on security and human rights. His visit comes just days after Bangladeshi security forces killed three Islamist militants, including the alleged mastermind of a terror attack on a cafe in Dhaka last month. Mr Kerry will also leave for India on the same day for a visit to New Delhi. The three-day India visit will see him attend meetings with senior Indian officials and co-chair the second US-India Strategic and Commercial Dialogue. 

Clue to when Fed may hike rates 


US Federal Reserve chairman Janet Yellen has said that there was a stronger case for a rise in interest rates. PHOTO: REUTERS

Investors looking for the next clue to when the US Federal Reserve might lift interest rates off historic lows will probably have to wait till Friday (Sept 2) when closely watched job creation data for August this month comes out. Last month, a hefty 255,000 US non-farm jobs were created – and any figure as bullish as that would lift expectations for an early rate rise. Last Friday, Fed chairman Janet Yellen said there was a stronger case for a rise, but stopped short of setting out a timetable.