Tagged: dilma rousseff

Dilma Rousseff

Brazil’s embattled president is on her way out

Brazil’s lower house of congress voted on April 17th to impeach Dilma Rousseff, the country’s leftist president. Ms Rousseff has called the impeachment a coup d’état orchestrated by the opposition, partisan prosecutors and judges...

Brazil’s credit rating cut to junk status

Standard & Poor’s, the rating agency, cut Brazil’s cherished investment-grade credit rating back to junk on September 9th. The decision came as a blow to President Dilma Rousseff and her American-educated finance minister Joaquim...

Brazil falls into recession

Brazil officially slipped into recession as the economy contracted 1.9 per cent in the second quarter from the previous three-month period, according to figures published by IBGE, the national statistics agency. That was the biggest...