According to the New York Times (May 12, 2016), “after an all-night debate, Brazil’s Senate voted Thursday morning to suspend President Dilma Rousseff and begin an impeachment trial against her, ousting a deeply unpopular leader whose sagging political fortunes have come to embody widespread public anger over systemic corruption and a battered economy.” The Economist tweeted, “With poor finances and even poorer politics, Brazil lurches from one crisis to another.” Economic and political crises in 2015 and 2016 make Brazil one of the biggest global risks in the world right now, “creating a chain reaction of credit downgrades, currency devaluation and political infighting that’s sucking Brazil into what economists forecast will be the worst recession since 1901” (GlobalPost.com)
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