Canning House | Latin American Weekly Report

03-12-2015: Latin American Weekly Report

LatinNews

03rd Dec 2015

Threats turn to action as Brazil begins impeachment process

After months of tortuous political uncertainty, an impeachment process will begin against Brazil’s President Dilma Rousseff. Eduardo Cunha, the speaker of the federal lower chamber of congress and fierce opponent of Rousseff, finally took the plunge on 2 December and went ahead with what he has long threatened. What appears to have pushed Cunha over the edge is the increased likelihood that he himself will be stripped of his post for lying to congress. On the face of it, the impeachment process is unlikely to succeed, but whatever the ultimate outcome the proceedings mean congress will be focused more on Brazil’s political crisis than on its increasingly disastrous economic performance.

Earlier on the fateful day Cunha opted to commence the impeachment process against President Rousseff, three deputies from the ruling left-wing Partido dos Trabalhadores (PT) had indicated they would vote for an inquiry into his behaviour at the ethics committee of the lower chamber. This could have been decisive in persuading him to move.

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Adding value to coffee and cacao in Latin America

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In her new report, 'Adding value to coffee and cacao in Latin America,' Canning House Research Fellow Layla Zaglul Ruiz discusses coffee and fine chocolate's place amongst high-end food movements, similar to craft beer and specialty cheese.

Mining in Argentina: Implications of new investment incentive regime

In a new Special Report, Canning House and London Politica analyse Argentina's mining geography, the implications of the country's new investment incentive regime, known as the RIGI, and the opportunities and risks for investors and operators in the sector.

03-12-2015: Latin American Weekly Report

More recent briefings & intelligence

Adding value to coffee and cacao in Latin America

Mining in Argentina: Implications of new investment incentive regime

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