Rousseff's Corruption Scandal

Decent Essays
Hundreds of thousand Brazilians flooded the streets Sunday across the country wearing the yellow and green flag of Brazil, while chanting "Dilma out!”. Infuriated by their crumbling economy, and corruption scandals, Brazilians want President Dilma Rousseff removed from office. Rosilene Feitosa, a 61-year-old retiree participating in the protest stated "I came because I'm tired of seeing so much corruption and because I want to end the disorder that has taken over this country". Brazil also hosing the 2016 Summer Olympics in August had protesters singing and dancing along the beachfront avenue in Copacabana. Rousseff, who is struggling to hold on to power in the face of a massive corruption scandal and the worst recession in decades, urged demonstrators to remain peaceful, as 100,000 people marched in the capital of Brazil. Protesters did remain peaceful some even bringing their children, as well as buying things from street venders but even this peacefulness didn’t hid their anger. President Dilma Rousseff seems to have been part of a huge embezzlement and bribery scandal centered on state oil company Petrobras, do to this the economy has fallen into a deep recession, and had been removed of its investment grade ratings. Adding to Rousseff's problems, her key mentor, ex-president Luiz Inacio Lula da Silva, is fighting allegations that he was part of the Petrobras corruption network. Many of the protesters held signs depicting Rousseff and Lula as prisoners, while others praised the chief investigating judge in the Petrobras scandal, Sergio Moro, …show more content…
One thought I did have after writing this summary was how Brazil’s economy is going to fair after the 2016 Summer Olympics, while money will flooded in from the tourist, much money was spent on the stadium, and do to the economic scandal Brazil doesn’t have the best economy at the

Related Documents

  • Improved Essays

    Latin America has long been fighting an uphill battle against corruption. From colonization, to authoritarian systems, and then further to democratization, corruption has plagued and dominated Latin American societies. One may assume that corruption is mainly found within the political systems of Latin America, but rather, corruption besets the personal lives of its citizens as well. One instance of many corrupt scandals is the Petrobras Scandal. The scandal now involving Brazil’s president involves thirty four sitting politicians who are suspected of participating in a multi-billion-dollar bribery scandal within the energy company Petrobras (Economist).…

    • 336 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    When deciding whether or not to build facilities for sporting events, there are a myriad of factors a city most consider. These factors are illustrated in the article, “Urban Pulse: Boston’s Olympic bid and the evolving urban politics of event-led development,” by John Lauermann. This article articulates the benefits and consequences of sport-oriented development for the purpose of urban growth and regeneration. One consequence is that sport-oriented development regularly goes over budget.…

    • 296 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    In August, the impeachment’s process of suspended president Dilma Rousseff will have its final judgment, with accusation and defense testifies. This process may need some days, with a strong media coverage. In this scenario, the new Agriculture minister, a businessman known as one of the biggest soy producers in the world, is trying to make his own agenda.…

    • 58 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Globalization In Brazil

    • 826 Words
    • 4 Pages

    It went from being a developing country to being a middle-income country with an increasingly important role in the world’s economy. At the start, it suffered an unstable economy and currency for years until the 1990s when the government attempted to introduce economic reforms. Using trade, Brazil was able to attract foreign investors that in return helped with stabilizing the economy. Brazil also faces a great deal of inequality and poverty that is still an ongoing and growing issue.…

    • 826 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    This article started out about the catastrophe the Rio games could have been. Despite the Zika virus and the unclean water, it would take for a lot to make these games into the top five worst games. It goes on to top about the top five worst Olympics. Number five is Atlanta in 1996, where there was a bombing injuring more than 100 people. Four, was the Athens games in 2004, the games itself were successful but the aftermath damaged Greece significantly financially.…

    • 333 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Is Rio, a suitable host for the Olympics, has been the subject of much debate in the media recently. It is in response to this discussion that Chris Berg has written his article "Rio's financial crisis reveals the moral bankruptcy of the Olympics" and Mark Knight has also drawn a cartoon. In his article, published in The ABC News on 21 June 2016, Berg contends in a frustrated and critical tone that it is the epitome of government waste. Berg's intended audience seem to be comprised of the people watching the Olympics, and he develops an upsetting persona for himself to appeal to this readership. Similarly, in his cartoon, published in the Herald Sun on 6 August 2016, Knight contends in an old and downy tone to show the slums of Brazil.…

    • 809 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    The United States has hosted the Olympics a total of 8 times and the World Cup one time. Due to the mass amount of times that the USA has hosted major sporting events this paragraph is going to focus mainly on the most recent one, the 2002 Salt Lake City Olympic Games. The games provided a massive boost to Utah's economy. Utah spent $2.1 billion directly on the game's, only around $1.3 billion dollars directly impacted Utah's economy, since that money originated from outside of the state and remained in the state afterwards. The other $800 million was spent out-of-state or was money that was already in Utah.…

    • 242 Words
    • 1 Pages
    Decent Essays
  • Great Essays

    The Zika virus which is ravaging Brazil now is unsettling audience members ambition to travel there and is providing Brazil with a bad name…

    • 2191 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    Slavery In Brazil

    • 517 Words
    • 3 Pages

    This book focuses mainly on the political and military history of Brazil. Chapter one, titled The Imperial Experience, discusses the First Empire and the earliest history of independent Brazil. On September 7, 1822 Brazil gained independence from the Portuguese. Following this, Brazil entered its First Empire ruled by Crown Prince Pedro until 1831. After leaving Brazil in shambles, Pedro resigned, leaving his son, Pedro II, in charge.…

    • 517 Words
    • 3 Pages
    Improved Essays
  • Brilliant Essays

    Market Failure It is now necessary to have a strong analysis on market failure, in order to highlight the more social aspects of this event. As always, there are positive and negative externalities with all large prestigious events, leaving an array of implications for society. These externalities must be then “weighed” and assessed to determine the social footprint of the Pan American Games. i) Externalities of Consumption With 87% of Toronto’s residents stating that watching, attending, or witnessing the Pan American Games improves their daily quality of life, the survey helps prove that the positive externalities of consumption significantly outweigh the negative ones.…

    • 1759 Words
    • 8 Pages
    Brilliant Essays
  • Improved Essays

    World Cup Brazil Analysis

    • 750 Words
    • 3 Pages

    One objection to hosting the World Cup mentioned by author one includes the excessive amount of government money used to host the event. In addition, concerns that hosting the event led to increased government corruption have also led to objections. On the other hand, author one explains how hosting the World Cup benefitted Brazil’s tourist industry. Due to the World Cup, companies trained workers to better satisfy customers by learning new languages. As a result, workers in Brazil became more productive and were able to earn higher wages.…

    • 750 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Brazil Economic Equality

    • 1308 Words
    • 6 Pages

    This quote is discussing how the upper class in Brazil benefit from the economic success and if poverty there remains and grows. It also describes how democracy, which Brazil is becoming more democratic, has changed the country and for the better because of the reduction of poverty. The article commends this and places ethical value into the article. The information in the article is mathematical facts such as, “Of course, the situation is still pretty bad in Brazilian slums (favelas), but it’s estimated that the demographic transition had an impact equivalent to + 0.5% in GDP growth, which is not bad at all considering that the average GDP growth (per capita) was about 3% per year at the time. And since this transition happened over 30 years, its impact on the economy is equal to around 15% of growth in GDP (over three decades).…

    • 1308 Words
    • 6 Pages
    Great Essays
  • Great Essays

    Essay On Brazil Economy

    • 2024 Words
    • 9 Pages

    Brazil’s flourishing economy makes for a productive business venture from foreign investors. Due to its high GDP, Brazil proves to be a moderately certain potential asset. Ranked 8th overall by cia.gov, with a GDP (PPP) of over 3 trillion U.S dollars, Brazil economically dwarfs all of the other south American countries it competes with. This combined with a low cost of living and operating makes it a great place to do business. Since 2008, Brazil has become a net external creditor and all three of the major ratings agencies awarded investment grade status to its debt.…

    • 2024 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    Jolly (2007) has mentioned that “the Games are a serial financial burden for any city.” For example, the next Olympics is being held in Rio de Janeiro, Brazil. As a poor country, it needs economic aid from other countries to help mitigate their funding issues in anticipation of hosting the Olympics. With the recent economic crisis in Greece, organizing the biggest sporting event in the world would prove to be impractical. As such, passing the Olympic flag to another country every four years would be better in the long…

    • 370 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    According to Central Intelligence Agency (2015) Brazil’s economy has been on a decline and the country is looking for ways to strengthen its workforce. The is business deal may not have…

    • 1644 Words
    • 7 Pages
    Great Essays