Brazilian President Suspended, Awaits Impeachment Trial

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Brazil President Dilma Rousseff has been suspended from office and will face an impeachment trial after the vote on Thursday in the country’s senate. Although Vice President Michel Temer — who assumes the presidency while Rousseff’s trial gets underway — has been seen as a market-friendly politician, is there really any hope for fixing Brazil’s economic crisis?

Rousseff, who denies the charges that she illegally manipulated budget accounts ahead of the 2014 election, will be suspended for up to 180 days. In an address on Thursday, she vowed to fight the impeachment charges, calling the move “fraudulent” and a “coup.”

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