Americas: Macroeconomic overview

May 2016

Investor confidence in Brazil’s economy remains shaky as the political drama around Dilma Rousseff’s impeachment intensifies.

Brazil’s Senate decided on 12 May to put Rousseff on an impeachment trial, and she is suspended from office pending the outcome. The Senate has 180 days to conduct the trial, during which Vice President Michel Temer will be the acting head of state. At the end of the trial, if two-thirds of the 81-member Senate vote to impeach Rousseff, she will be stripped of her political rights and barred from running for office for eight years.

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up