Friday, May 13, 2016

Brazil's Temer calls for unity, confidence for Brazil recovery | Reuters

Brazil's Temer calls for unity, confidence for Brazil recovery | Reuters: "Brazil's crisis brought a dramatic end to the 13-year rule of the Workers Party, which rode a wave of populist sentiment that swept South America starting around 2000 and enabled a generation of leftist leaders to leverage a boom in the region's commodity exports to pursue ambitious and transformative social policies.

But like other leftist leaders across the region, Rousseff discovered that the party, after four consecutive terms, overstayed its welcome, especially as commodities prices plummeted and her increasingly unpopular government failed to sustain economic growth."



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