Rousseff Taking Charge

BMI View: Both at home and externally new Brazilian President Dilma Rousseff is strengthening her leadership credentials, with the government winning its first major legislative battle by capping increases to the national minimum wage. On the international stage, the country's ongoing prominence reinforces our view that Brazil's increasing political might reflects a structural shift rather than a passing moment associated with former President Luiz Inácio Lula da Silva.

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