As Brazil’s president is looking more and more unlikely to complete his term in office, the country is divided as to how he should be replaced. Some are arguing to move up direct elections – a process that would require amending Brazil’s constitution. This would be a long, contentious and most likely pointless, if not potentially dangerous, exercise. Better to just follow the currently outlined constitutional procedure and wait for the next scheduled elections, which are only a little more than a year away. Instead of “Diretas Já” (direct elections now), how about “Diretas Já Já”(direct elections soon)?
Forget Odebrecht. JBS is the new king of Brazilian corruption, and revelations from the company's founders, the billionaire Batista brothers, threaten to take down President Michel Temer. But the real scandal is that despite admitting to some egregious crimes, the Batistas themselves have been granted full immunity and will continue to run their multi-billion dollar empire from abroad.
In Brazil, as in many other places in the world, 2017 has gotten off to a very rocky start. Indeed, anyone who has been following the Brazilian news has been met by a barrage of crazy headlines.
After a brief period of respite, tensions are once again building in Brazil at the end of what has been a singularly tumultuous year. Recent moves by Congress to shield itself from anti-corruption investigations have set off the latest round of widespread popular protests, but it was just the straw that broke the camel’s back. A series of missteps, corruption allegations and controversial measures by the government of Michel Temer, combined with continued negative economic forecasts, have been trying the Brazilian people’s patience.
Within the last 24 hours, two former governors of the state of Rio de Janeiro have been arrested. Anthony Garotinho is accused of rigging his wife’s mayoral election in a cash-for-votes scheme. Sergio Cabral is accused of taking bribes from the construction companies responsible for public works projects in the state, notably some related to the World Cup and Olympic Games.
A proposed constitutional amendment that would limit public spending growth, one of the Temer government’s key initiatives, is making waves in Brazil. Some have cheered it, stating that getting Brazil’s finances in order is crucial for the country’s economic recovery. Others however, worry that this extreme measure will ultimately harm the country’s poorest citizens. So who’s right?
The outcome of last Sunday’s municipal elections shows that Brazilians are in a strange political mood. Anyone looking to the election results, which were all over the place, for hints about the 2018 presidential campaign is sure to be disappointed.
There is a saying that the most profitable business in the world is a well-run oil company, and the second-most profitable business is a poorly run one. Well, according to that logic, Brazil’s Petrobras defies categorization. It is a state-owned oil company, essentially a monopoly, in one of the biggest countries in the world, and yet it has been losing money for years. How is this possible?
There is evidence that Brazil’s former president benefited from the corruption scheme at Petrobras, which he has also been accused of masterminding. Could this be the beginning of the end for the man who was once the most popular politician in the world?
The acrimonious nature and bizarre ending of Dilma Rousseff's impeachment almost makes you nostalgic for the impeachment of Fernando Collor de Mello, in 1992. Back then, Brazil was united in its disdain for a corrupt president and the process to remove him was relatively swift and uncontroversial. Indeed, perhaps the best way to make sense of the current impeachment and gain some perspective on it is to compare it with this previous episode.
The events leading up to the impeachment of Dilma Rousseff have been simultaneously traumatic and cathartic for Brazil. As this chapter of Brazilian history draws to a close, many unanswered questions remain. Will the new government have the clout to push through the hard reforms needed to pull Brazil out of its worst ever economic crisis? Will the Lava Jato corruption investigation be allowed to continue, or will politicians get in the way, risking the country’s future to save themselves?
Will Rio be able to pull itself together at the last minute, or will the Olympics be a train wreck?