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Latin American Economy & Business - August 2016 (ISSN 1741-7430)

Brazil: Olympics, impeachment, elections

Perhaps the most important economic story in Brazil right now is that after the worst two-year recession in more than half a century, a recovery is beginning to take shape. However, the country still faces an unusual sequence of events: the completion of the Olympic Games and a formal impeachment trial of the suspended president, Dilma Rousseff, by the end of August, followed by municipal elections in October. In short, the long-awaited return to positive economic growth still faces a complex combination of political risks.

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