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Vote to Impeach Rousseff Prompted Cheers, But Won’t End Turmoil in Brazil
Keywords:
Tags: Current Focus, Brazil,
The impeachment vote for president Dilma Rousseff in Brazil's parliament in 2016
04/14/2016
Grouped Articles
How Brazil, the darling of the developing world, came undone - The Washington Post
Washington Post 04/15/2016
Dilma Rousseff Targeted in Brazil by Lawmakers Facing Scandals of Their Own
New York Times 04/14/2016
Politician Leading Charge to Impeach Dilma Rousseff Has His Own Legal Tangles
Wall Street Journal 04/15/2016
Brazil’s lower house of Congress votes to impeach President Dilma Rousseff - The Washington Post
Washington Post 04/18/2016
Wall Street Journal 04/18/2016
Vote to Impeach Rousseff Prompted Cheers, But Won’t End Turmoil in Brazil
New York Times 04/18/2016
Corruption in Brazil's Congress and the impeachment vote on president Rousseff
04/14/2016
Grouped Articles
Dilma Rousseff Targeted in Brazil by Lawmakers Facing Scandals of Their Own
New York Times 04/14/2016
Politician Leading Charge to Impeach Dilma Rousseff Has His Own Legal Tangles
Wall Street Journal 04/15/2016
Brazil’s lower house of Congress votes to impeach President Dilma Rousseff - The Washington Post
Washington Post 04/18/2016
Wall Street Journal 04/18/2016
Vote to Impeach Rousseff Prompted Cheers, But Won’t End Turmoil in Brazil
New York Times 04/18/2016
Economist 04/29/2016
The Economist on the Brazilian economy's perilous situation in 2015-2016
04/05/2015
Dollar debts for Brazil went up from $100 billion in 2010 to $250 billion in 2015, according to BIS data. Even more in local currency terms which went up from 210 billion reais to 650 billion reais. BNDES and Caixa Economic Federal, 2 state owned banks made up 35% of bank loans in Brazil in 2009, by 2015 this went up to 55%, making Brazil's banking system a fiscal operation overly dependent on the state. With rates as high as 16%, the state banks provide subsidized loans to firms at 5.5%. Monetary policy is difficult for the central bank as increasing rates to shore up the declining real would hurt the economy, which is expected to contract by 1.5% by official estimates, but higher according to other private estimates. The declining real, drought affecting hydroelectric generated power prices, and lower export revenues, in addition to high debt interest payments exceeding 6% of GDP, are leading to low or no economic growth for 2015-2016. This comes at a time of corruption issues and ratings one notch above junk for state oil company Petrobras, which itself needs government support.
Grouped Articles
Brazil’s coming recession: The crash of a titan
Economist 04/05/2015
Fed Must Consider the World and All U.S. Employment
Wall Street Journal 04/09/2015
Russia, Brazil Mistakes Show How Inflation Can Still Arise
Wall Street Journal 05/03/2015
Learning the lessons of stagnation
Economist 06/30/2015
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08/28/2015
Brazil Sinks into Technical Recession on Second Quarter Output Contraction
Wall Street Journal 08/28/2015
Faces in Brazil in 2016 with the deep recession, corruption scandals and president Rousseff's popularity down to 16 percent
04/15/2016
Grouped Articles
Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment
New York Times 04/16/2016
Fight to Impeach Brazil’s Leader Tears at Fabric of Daily Life
New York Times 04/15/2016
Vote to Impeach Rousseff Prompted Cheers, But Won’t End Turmoil in Brazil
New York Times 04/18/2016
Economist 04/29/2016
Conservative’s Star Rises in Brazil as Polarizing Views Tap Into Discontent
New York Times 05/07/2016
Brazil Workers’ Party, Leaders ‘Intoxicated by Power,’ Falls From Grace
New York Times 05/12/2016
Brazil's 3.8% decline in GDP in 2015- worsening economic and political crisis
03/03/2016
Grouped Articles
Brazil’s President Rousseff, Facing Impeachment Effort, Is Deluged by More Bad News
New York Times 03/03/2016
Vote to Impeach Rousseff Prompted Cheers, But Won’t End Turmoil in Brazil
New York Times 04/18/2016
Populist Policies Let Brazil’s Tomorrow Slip Away
New York Times 05/03/2016
A Geographic Shift in Brazil Mining Leaves a Storied Region Hurting
WSJ 12/19/2016
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