World Cup Puts Spotlight on Domestic Challenges for Brazil’s Rousseff

World Cup Puts Spotlight on Domestic Challenges for Brazil’s Rousseff

In the coming months, Brazil will host the World Cup and hold elections across all levels of government—all while its once-strong economy shows growing signs of a slowdown, hobbled by the country’s suffocating public sector, trade protection and inflation. Brazil’s GDP shrank in the third quarter of last year, its first contraction since 2009. The current outlook is a far cry from the exhilarating days of 2006-2007 when then-President Luiz Inacio Lula da Silva, in office 2003-2011, oversaw a massive oil discovery in the Tupi field off Brazil’s southeastern coast and successfully wooed FIFA, international soccer’s governing federation, for World […]

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