Brazil Post-Rousseff

Brazil’s Senate has voted 61-20 to remove President Dilma Rousseff from office, finding her guilty of manipulating the country’s budget. Rousseff’s Vice President Michel Temer, who has been the country’s Interim President throughout the impeachment proceedings, will remain President until the end of his term on January 1, 2019. The ...

The Games Have Been a Distraction

With the Rio Olympics wrapping in just a few days, The Cipher Brief’s Kaitlin Lavinder spoke with Director of Research at the Rio-based Igarapé Institute, Robert Muggah about what’s next for Brazil. TCB: When the Olympics end, suspended Brazilian President Dilma Rousseff’s impeachment trial begins. How do you see this ...

Prestige Over Policy

The Olympic Games are supposed to bring international prestige to host countries, if all goes well. But Rio 2016 is an example of a government placing desire for prestige before sound policy, says Phil Chicola, the former Chargé d’Affaires at the U.S. Embassy in Brasília, Brazil (2005-2006). The Cipher Brief’s ...

Brazil: Markets Bullish on Rousseff Impeachment Proceedings

367 members of Brazil’s lower house of Congress voted Sunday to advance impeachment proceedings aimed at ousting Brazilian President Dilma Rousseff. That’s 25 more votes than the requisite two-thirds majority and may boost Brazil markets today. Camila Abdelmalack, the chief economist of brokerage at São Paulo-based CM Capital Markets, told ...