Related Articles
Report
Forward article link
Share PDF with colleagues

Slower, lower, weaker: Brazil under Rousseff

Brasilia’s political crisis is deepening. Is there still hope for energy investors?

BRAZIL’S president Dilma Rousseff has suffered some blows lately – but none as stunning as that in April, when the lower house of congress voted overwhelmingly for her impeachment. The decision has tipped Latin America’s largest economy, and one of its most important oil producers, into its worst political crisis in decades and sets up a long and ugly period for the country. “It’s not the beginning of the end. We’re at the beginning of a fight – a long, drawn-out fight,” Rousseff, the former guerrilla fighter, declared after the vote. Besieged by a faltering economy and an epic corruption scandal at Petrobras, Rousseff now sees her political fate rest with Brazil’s upper house. Given the wi

Also in this section
Canada: Trump OK is not the end of the line for Keystone XL
28 March 2017
The challenges are not over for the pipeline which will run from Alberta to the Gulf Coast
Oil and gas in the new world order
22 March 2017
Geopolitical risks are changing and rising. The energy sector will be in the crosshairs
Slow reset of US-Russian relations
20 March 2017
Trump and Tillerson should help improve US-Russia relations. But an end to sanctions doesn't look imminent