Economy / Brazil
Brazil
November 2011 | Risk SummaryBrazilian President Dilma Rousseff is on the verge of losing another cabinet member, as Labour Minister Carlos Lupi struggles to fend off graft accusations levelled at him by local press. If Lupi falls, this would be the sixth cabinet minister to resign since June 2011 on the back of corruption allegations, a clear sign of just how imbedded corruption is in Brazilian politics. Yet rather than hurting her, these scandals appear to be actually bolstering Rousseff's popularity among the electorate, with a CNI/IBOPE poll carried out in September implying her approval rating has shot back above the 70% level.
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