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Weekly Report - 27 October 2011 (WR-11-43)
BRAZIL: Another red card
President Dilma Rousseff has lost six cabinet ministers since June; five of them forced out under a cloud of corruption (and one for disobedience). Corruption cost Brazilian voters, who pay Scandinavian-type taxes in return for third world-level services, an estimated R$85bn (US$48bn) in the eight years under former president Lula da Silva (2003-2010), according to estimates by the public ombudsman. The influential São Paulo Federation of Industries (Fiesp) puts it even higher, at an astonishing US$400bn over the past 10 years, the equivalent of about 2% of GDP for each year.
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- PERU: Humala struggles to set the agenda
- ECUADOR: All eyes on Correa
- COLOMBIA: Violence casts shadow over regional elections
- TRACKING TRENDS
- MEXICO: The PRD comes closer to breaking point
- MEXICO: Pemex a focus
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- HONDURAS: Supreme court could face coup of its own
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- Morales backtracks on Tipnis
- Quotes of the week