"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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.