IBOV 171,201.60 ▼ 0.41% IPSA 11,404.17 ▼ 1.16% IPC MEX 65,770.85 ▲ 0.06% MERVAL 2,995,129 — 0.00% COLCAP 2,510.72 ▲ 2.09% BVL PERÚ 60,222.25 ▼ 0.17% USD/BRL5.15▼ 0.15% USD/MXN16.95— 0.00% USD/CLP909.20▼ 0.40% USD/COP3,077▲ 1.06% USD/PEN3.34▼ 0.30% USD/ARS1,511▲ 0.07% USD/UYU40.18▲ 1.06% USD/PYG5,968▲ 0.82% USD/BOB11.47▲ 0.68% USD/DOP58.01▲ 0.07% USD/CRC447.25▲ 0.82% USD/GTQ7.62▲ 2.02% USD/HNL26.82▲ 1.52% USD/NIO36.62▲ 0.58% USD/VES783.11▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.97% EUR/BRL6.01▲ 0.19% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,201.60 ▼ 0.41% IPSA 11,404.17 ▼ 1.16% IPC MEX 65,770.85 ▲ 0.06% MERVAL 2,995,129 — 0.00% COLCAP 2,510.72 ▲ 2.09% BVL PERÚ 60,222.25 ▼ 0.17% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Business - Brazil Politics - Brazil

President Rousseff Takes Stand on Corruption

By · August 23, 2011 · 3 min read

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By Patricia Maresch, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – President Rousseff is demonstrating a desire to end a level of institutionalized corruption inherited from a long and often embarrassing past. A recent wave of corruption scandals and ministerial resignations has motivated Rousseff to take a stand against corruption, and the impunity that for years has characterized Brazilian governments. Her actions are dubbed “faxina: the cleanup.

President Rousseff speaks during the inauguration of the new Agriculture Minister, Mendes Ribeiro, Brazil News
President Rousseff speaks during the inauguration of the new Minister of Agriculture, Mendes Ribeiro, photo by Antonio Cruz/ABr.
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Rousseff proclaimed: “It is my duty as President of all Brazilians to see an end to the impunity which shelters many of those accused of involvement in corruption practices,” and added: “We will punish all abuses and excesses.”

After just eight months in office, the Rousseff administration has lost four ministers and a string of high government officials and advisers: a new record in Brazilian democracy.

Last week the Minister of Agriculture resigned, saying he was the target of “A hailstorm of false accusations.” According to news reports, a lobbyist allegedly paid bribes and influenced public tenders in order to put certain companies in favor with the Ministry of Agriculture.

Shortly before, the Minister of Tourism and his deputy resigned on suspicion of stealing public money intended for training hotel staff ahead of the 2014 football World Cup. The Federal Police have made over a dozen arrests in the face of ongoing investigations.

Corruption allegations also surfaced against Transportation Minister Alfredo Nascimento. Rousseff swiftly removed him from his post in July. Her Chief of Staff also stepped down in June in a scandal surrounding his personal wealth.

Amid the corruptions scandals, Rousseff also sent her Defense Minister home, after he publicly insulted some members of her administration in an interview. While not related to illegal activities, it showed Rousseff’s determination to run a tight ship.

Despite the fact that no criminal convictions have yet been made, Rousseff’s firm reaction has led political analysts to believe that there is indeed a change taking place in Brasília’s political power-play. “The most surprising element of all these scandals is Rousseff’s follow-through,” says Latin America-specialist, Canadian Gregory Michener: “In the past, scandals broke, leaders admitted no wrongdoing, insisted on getting back to the business of governing, and chastised the news media for its impudence.”

PR-member Lincoln Portela, photo by Valter Campanato/ABr
PR-member Lincoln Portela, photo by Valter Campanato/ABr.

Rousseff’s reward for the “faxina” has been signs of mutiny in her multi-party coalition. The party of fired Minister Nascimento’s (Party of the Republic, PR) stepped out of the coalition. PR-member Portela said his party will now adopt a ‘critical support’ attitude towards the administration.

According to political commentator Rudolfo Lago, some influential members of Rousseff’s biggest coalition-partner, the Party of the Brazilian Democratic Movement (PMDB), consider the president as dangerously naive, and believe she may have started something she cannot stop. “[Like] something that happened to Mickey Mouse in the Walt Disney cartoon The Sorcerer’s Apprentice [Fantasia]: the brooms came to life and began to clean up on their own, with an intensity far greater than Mickey liked, or intended,” Lago says.

PMDB is the president’s key congressional ally: without it’s support Rousseff will probably not be able to approve legislation in Congress. The president has a reputation of being an excellent economic no-nonsense manager, but sometimes appears to be struggling with the diplomatic part of the job.

Many political analysts believe that much of Brazil’s social and economical development will depend on whether Rousseff can impose her authority on her allies and calm tensions within the coalition. If she succeeds the potential gains could be enormous for the “country of tomorrow.”

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