Egypt's Cabinet approves amendments to North Zafarana oil development agreement    Gold prices in Egypt slip on Thursday, 20 Nov., 2025    IMF officials to visit Egypt from 1–12 Dec. for fifth, sixth reviews: PM    Al-Sisi, Putin mark installation of reactor pressure vessel at Egypt's first Dabaa nuclear unit    Egypt, Angola discuss strengthening ties, preparations for 2025 Africa–EU Summit in Luanda    Gaza accuses Israel of hundreds of truce violations as winter rains deepen humanitarian crisis    Egypt concludes first D-8 health ministers' meeting with consensus on four priority areas    Egypt, Switzerland's Stark partner to produce low-voltage electric motors    Egypt explores industrial cooperation in automotive sector with Southern African Customs Union    Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza    Egypt scraps parliamentary election results in 19 districts over violations    Health minister warns Africa faces 'critical moment' as development aid plunges    Egypt's drug authority discusses market stability with global pharma firms    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Brazil's Rousseff fall from power, Vice-President poised to take over
Published in Amwal Al Ghad on 12 - 05 - 2016

Brazil's Senate voted on Thursday to put leftist President Dilma Rousseff on trial in a historic decision brought on by a deep recession and a corruption scandal that will now confront her successor, Vice President Michel Temer.
With Rousseff to be suspended during the Senate trial for allegedly breaking budget rules, the centrist Temer will take the helm of a country that again finds itself mired in political and economic volatility after a recent decade of prosperity.
The 55-22 vote ends more than 13 years of rule by the left-wing Workers Party, which rose from Brazil's labor movement and helped pull millions of people out of poverty before seeing many of its leaders tainted by corruption investigations.
Fireworks rang out in cities across Brazil after the vote at the end of a 20-hour session in the Senate. Police had briefly clashed with pro-Rousseff demonstrators in Brasilia on Wednesday, exchanging volleys of tear gas and rocks.
Rousseff, a 68-year-old economist and former Marxist guerrilla who was Brazil's first female president, is unlikely to be acquitted in a trial that could last as long as six months.
A two-thirds majority is needed in the Senate to convict her but the scale of her defeat on Thursday showed that the opposition already has the support it needs.
"Impeachment is a tragedy for the country ... It is a bitter though necessary medicine," opposition Senator Jose Serra, tipped to become foreign minister under Temer, said during the debate. "But having the Rousseff government continue would be a bigger tragedy. Brazil's situation would be unbearable."
The impeachment process began in the lower house of Congress in December. Rousseff has denied any wrongdoing and called her impeachment a "coup".
Temer, a 75-year-old centrist and constitutional scholar who spent decades in Brazil's Congress, now faces the challenge of restoring economic growth and calm at a time when Brazilians, increasingly polarized, are questioning whether their institutions can deliver on his promise of stability.
In addition to a towering budget deficit, equal to more than 10 percent of its annual economic output, Brazil is suffering from rising unemployment, plummeting investment and a projected economic contraction of more than 3 percent this year.
"Only major reforms can keep Brazil from moving from crisis to crisis," says Eduardo Giannetti da Fonseca, an economist and author in São Paulo who has written extensively about the country's socioeconomic problems.
But those changes, including an overhaul of pension, tax and labor laws and a political reform to streamline fragmented parties in a mercenary Congress, could remain elusive at a time of turmoil.
While opposition supporters celebrated in the central Paulista Avenue of Brazil's largest city, Sao Paulo, many Brazilians are concerned that the end of Workers Party rule could bring back bad times for the poor, who have made great strides in the last decade.
"Has Dilma made mistakes? Of course. But the Workers Party has done so much for us, for the people," said Benedito Polongo, a 63-year-old janitor outside a shiny Brasilia business center, who said he had no job or bank account before the party came to power. "I fear that those who come after her will erase all that has been done for the poor."
WILD CARDS
Rousseff's government made a last-ditch effort to annul her impeachment but it was rejected by the Supreme Court on Wednesday.
Senate Speaker Renan Calheiros said Rousseff will be notified of the upper house's decision on Thursday morning and will have to leave Brasilia's Planalto presidential palace, though she can continue to live in her official residence, have a staff and use an Air Force plane as suspended head of state.
Rousseff will make a statement at 10 a.m. local (1300 GMT), aides said, and will then depart Planalto to address a rally of supporters accompanied by her mentor, Workers Party founder and former president Luiz Inacio Lula da Silva.
The Official Gazette on Thursday showed that Rousseff dismissed her cabinet, including the sports minister, who is in final preparations for the Olympics in Rio de Janeiro in August. The central bank governor, who has ministerial rank, was not included in the decree.
The move was designed to frustrate a smooth transition for Temer, whom Rousseff deems a traitor because of his efforts, as leader of the party that was her main ally in Congress, to unravel that coalition and force party colleagues to resign from government posts.
Temer plans to swear in new ministers on Thursday afternoon and is promising pro-market policies to bring Brazil's budget deficit under control, rein in inflation and get the economy growing again.
source:Reuters


Clic here to read the story from its source.