Brazil’s Rousseff Appears Before Senate in Impeachment Trial

Suspended President Dilma Rousseff appeared before Brazil’s Senate on Monday to defend herself from charges of breaking budget laws in an impeachment trial that is expected to remove her from office this week.

Senators will question Rousseff in a session expected to last all day. They are then due to vote late on Tuesday or early Wednesday on whether to convict Rousseff and remove her from office.

If she is dismissed, interim President Michel Temer would officially take over as Brazil’s leader to serve out the remainder of the presidential term through 2018.

Reuters

Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell