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For Brazil’s economy, the near future probably features a period of stagnation, as a government paralyzed by political crisis dodges the tough choices created by strong inflation, rising budget deficits and, at best, a touch of economic growth in 2017 after hitting rock bottom in 2016. [...]
Demonstrators have turned out in numbers larger than in 1984 — when Brazilians of all stripes united to throw off military rule— to demand [President] Rousseff’s ouster
— ibtimes.com
As reported by Reuters today, a congressional committee has recommended impeaching President Rousseff, partially in response to charges that during her 2014 re-election, she broke campaigning budget laws. This Sunday, the entire lower house will vote, and if the decision to impeach receives... View full entry
