Brazilian congress votes to impeach President Rousseff

(Click here for more from "The Money Show".)

Brazil's leftist President Dilma Rousseff suffered a humiliating loss in a crucial impeachment vote in the lower house of Congress on Sunday.

She will now almost certainly be forced from office months before the nation hosts the Olympics, according Reuters.

The Money Show’s Bruce Whitfield interviewed Dr Lyal White, Director at the Centre for Dynamic Markets at the Gordon Institute of Business Science.

White spoke about the economics of this development and possible scenarios.

Scroll down for quotes from the audio below.

The vice-president is also facing impeachment.

Dr Lyal White

It’s the economic crisis that brought about this political one.

Dr Lyal White

It’s like Brazil needs an enema!

Bruce Whitfield

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Article brought to us by Old Mutual.


This article first appeared on 702 : Brazilian congress votes to impeach President Rousseff


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