The Presidential Daily Brief


  1. rousseff 16656959999 ea8c92b77f k

    Markets Rebound as Brazilian Impeachment Back on Track

    It’s getting real. Brazil’s economy was thrown into turmoil last night when investors eager to see President Dilma Rousseff removed from office — hoping that it might reverse the country’s massive recession — saw a congressional leader call to annul an earlier impeachment vote. The real dropped as much as 4.6 percent at the news, but looks set to recover after Speaker Waldir Maranhão released a new statement canceling (but not explaining) his earlier attempt to annul. The impeachment vote could come as soon as tomorrow.

This story is part of The Presidential Daily Brief

view full edition