Part-MVD-Mvd6755399-1-1-0

Brazil business world bets on Rousseff exit

Brazilian President Dilma Rousseff speaks in Brasilia on March 17, 2016The powerful industry group is not the only major player in the Brazilian economy that is openly hostile to embattled President Dilma Rousseff. With Latin America’s largest economy plunged in its deepest recession in 25 years, business chiefs have exuberantly welcomed new impeachment proceedings against the leftist leader, who is accused of manipulating the government’s accounts. Markets normally abhor instability, but Brazil’s toxic combination of runaway recession, inflation and debt — plus an explosive corruption scandal centered on state oil company Petrobras — have the financial world rooting for the downfall of Rousseff and her Workers’ Party.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article