Zürcher Nachrichten - How the storm clouds massed for Brazil impeachment

EUR -
AED 4.198746
AFN 72.027437
ALL 95.86206
AMD 431.78058
ANG 2.046593
AOA 1048.401651
ARS 1598.59809
AUD 1.629093
AWG 2.057931
AZN 1.946836
BAM 1.95299
BBD 2.306581
BDT 140.527788
BGN 1.954244
BHD 0.431609
BIF 3399.807863
BMD 1.143295
BND 1.465491
BOB 7.913613
BRL 6.101876
BSD 1.145252
BTN 105.710351
BWP 15.605613
BYN 3.388624
BYR 22408.579285
BZD 2.303186
CAD 1.56796
CDF 2580.416172
CHF 0.903826
CLF 0.026658
CLP 1052.620475
CNY 7.88485
CNH 7.890221
COP 4222.828168
CRC 538.827014
CUC 1.143295
CUP 30.297314
CVE 110.107044
CZK 24.460822
DJF 203.936547
DKK 7.471981
DOP 70.359065
DZD 151.640297
EGP 60.04596
ERN 17.149423
ETB 178.761853
FJD 2.540687
FKP 0.859503
GBP 0.862776
GEL 3.121081
GGP 0.859503
GHS 12.437104
GIP 0.859503
GMD 84.033056
GNF 10040.342872
GTQ 8.782401
GYD 239.595236
HKD 8.950958
HNL 30.314512
HRK 7.532942
HTG 150.159332
HUF 392.479443
IDR 19439.442529
ILS 3.586748
IMP 0.859503
INR 105.697035
IQD 1500.247787
IRR 1511121.400458
ISK 144.203925
JEP 0.859503
JMD 179.692219
JOD 0.810553
JPY 182.180041
KES 147.824753
KGS 99.98079
KHR 4592.371745
KMF 492.759942
KPW 1028.965312
KRW 1711.272575
KWD 0.351266
KYD 0.954331
KZT 560.655699
LAK 24539.688735
LBP 102552.832105
LKR 356.415579
LRD 209.569358
LSL 19.234523
LTL 3.375853
LVL 0.691568
LYD 7.307485
MAD 10.786179
MDL 19.978252
MGA 4755.178355
MKD 61.63634
MMK 2400.245131
MNT 4080.393301
MOP 9.232056
MRU 45.820067
MUR 53.436996
MVR 17.664024
MWK 1985.751297
MXN 20.413988
MYR 4.497148
MZN 73.068037
NAD 19.234607
NGN 1586.767474
NIO 42.139548
NOK 11.144552
NPR 169.136362
NZD 1.968262
OMR 0.439598
PAB 1.145152
PEN 3.949317
PGK 5.007794
PHP 68.540962
PKR 319.76907
PLN 4.270784
PYG 7388.368543
QAR 4.163028
RON 5.095547
RSD 117.422553
RUB 92.41403
RWF 1671.20254
SAR 4.29147
SBD 9.205487
SCR 17.02737
SDG 687.120342
SEK 10.786004
SGD 1.465069
SHP 0.857767
SLE 28.067799
SLL 23974.333974
SOS 653.362704
SRD 42.92844
STD 23663.895329
STN 24.464797
SVC 10.020625
SYP 126.362642
SZL 19.228331
THB 37.133099
TJS 10.976853
TMT 4.001532
TND 3.386841
TOP 2.752779
TRY 50.513259
TTD 7.766858
TWD 36.691537
TZS 2978.283153
UAH 50.502451
UGX 4305.804184
USD 1.143295
UYU 46.004004
UZS 13828.041733
VES 506.141923
VND 30040.072485
VUV 135.198356
WST 3.127157
XAF 655.017331
XAG 0.014233
XAU 0.000228
XCD 3.089812
XCG 2.063939
XDR 0.814631
XOF 655.01447
XPF 119.331742
YER 272.732354
ZAR 19.25994
ZMK 10291.026055
ZMW 22.290925
ZWL 368.140479
  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    -1.1300

    16.12

    -7.01%

  • CMSC

    -0.1500

    22.99

    -0.65%

  • AZN

    -2.6000

    189.9

    -1.37%

  • NGG

    0.0900

    90.9

    +0.1%

  • VOD

    0.1000

    14.41

    +0.69%

  • GSK

    -0.8900

    53.39

    -1.67%

  • BTI

    0.0400

    59.93

    +0.07%

  • RIO

    -2.8700

    87.83

    -3.27%

  • RELX

    -0.0400

    34.14

    -0.12%

  • BP

    0.5100

    42.67

    +1.2%

  • BCC

    0.3800

    70

    +0.54%

  • JRI

    -0.2300

    12.59

    -1.83%

  • CMSD

    -0.1100

    22.99

    -0.48%

  • BCE

    -0.1100

    25.57

    -0.43%

How the storm clouds massed for Brazil impeachment
How the storm clouds massed for Brazil impeachment

How the storm clouds massed for Brazil impeachment

After months of the storm clouds massing, lightning struck President Dilma Rousseff on Thursday with Brazil's Senate ejecting her from office as it moves towards her likely impeachment.

Text size:

The fight, though, continues. Rousseff has vowed to reverse what she calls a "coup" through legal defense, strident political opposition and with street protests by left-wing supporters of her Workers' Party.

The Senate will decide over the coming months whether to definitively remove Rousseff as head of state on charges she fudged the government budget to cover up shortfalls ahead of her 2014 reelection.

Here's how we got to this point:

- 2014 reelection -

On October 26, 2014, Rousseff was narrowly reelected Brazil's president for another four-year mandate, continuing the policies of her much more popular predecessor and mentor, Luiz Inacio Lula da Silva, known universally as Lula.

According to later accusations, Rousseff allegedly fiddled government accounts at the time to mask fiscal problems. Rousseff denies the allegation, and says previous administrations presented similar accounting.

- Recession in 2015 -

In June 2015 Brazil tipped into its worst recession in at least a quarter of a century. The economy shrank 3.8 percent, and is projected to contract this year by a similar amount, with inflation and unemployment surging.

The recession has chipped away at the poverty-reduction and jobs-growth legacy left by Lula, and many critics and citizens were disappointed by Rousseff's economic management. Her popularity tumbled.

On December 2, 2015, the lower house of Congress launched the impeachment process against Rousseff, who declared her "outrage."

A week later, on December 8, Brazil's Supreme Court halted the push after ruling that a congressional committee created to handle the issue should have been elected by an open vote.

- 2016: The ire of March -

On March 4, 2016, Lula was briefly detained by prosecutors probing a massive corruption scandal involving kickbacks to politicians from the state oil company Petrobras. Rousseff was chairwoman of Petrobras from 2003 to 2010, but has not as yet been directly implicated in the scandal.

Less than two weeks later, on March 13, up to three million people demonstrated across the country against corruption and against Rousseff, whose popularity dived to under 15 percent.

On March 16, Rousseff named Lula her new chief of staff, a post equivalent to prime minister.

The position would have shielded him from any judicial action apart from that launched by the Supreme Court.

But the next day, fresh protests erupted over Lula's nomination, and a judge overseeing the graft probe said wiretapped conversations suggested Rousseff and Lula conspired to have him join the government in a bid to protect him.

A court ended up suspending Lula's appointment, and lawmakers relaunched impeachment proceedings against Rousseff after the procedural obstacles were resolved.

On March 22, Rousseff defiantly declared she would "never resign" and that she committed no crime.

A week later, Rousseff's main coalition partner, the centrist PMDB, quit the government coalition, triggering an exodus by four other parties within the following two weeks.

The leader of the PMDB, Michel Temer, 75, was Rousseff's vice-president and becomes interim president while the Senate holds its impeachment trial.

- Vote for impeachment -

On April 17, Brazilian lawmakers voted overwhelmingly to authorize impeachment proceedings against Rousseff, and the matter was sent to the Senate.

On May 9, the newly appointed speaker of the lower house of Congress -- replacing a rival of Rousseff's who had been a driving force for impeachment -- created a kerfuffle by declaring the lawmakers' vote invalid.

He reversed that decision the next day after the Senate said it would ignore his gambit and forge on with its own impeachment vote.

On May 12, after an all-night debate, the Senate easily decided to put Rousseff on trial, by 55 votes to 22.

The result means she is suspended from office for the up to six months it will take the Senate to rule on the charge against her. A two-thirds majority is needed to impeach her.

Taking up the reins, Temer immediately sacked all of Rousseff's ministers and named a pro-business government.

M.Hug--NZN