The drama of Brazil’s immense political and economic crisis has reached a sort of “ground zero” point, from which it can develop in any direction, leading to a positive or very negative outcome for the country.

In early December 2015, Brazil’s Congress unexpectedly and abruptly moved to impeach President Dilma Rousseff. After her allies appealed to the Supreme Court, the process was put on hold until mid-February, as the legislative and judiciary branches went into their usual, year-end recess.

The impeachment appeared to have been an act of revenge by Ms. Rousseff’s nemesis, House Speaker Eduardo Cu...

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 Carlos Eduardo Lins da Silva
Minister Levy then started to fight for a 1.7 percent primary surplus in the 2016 budget. Again, he met with resistance, this time within the cabinet itself, most of it coming from Planning Minister Nelson Barbosa
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