Brazil’s President Dilma Rousseff scrambled on Wednesday to hold together her crumbling ruling coalition by negotiating key government posts with remaining allies, aides said, as key partners discussed abandoning her amid impeachment proceedings.
A day after Rousseff’s biggest coalition partner broke away and ordered its six ministers in her Cabinet to resign, another coalition ally – the Progressive Party (PP) – convened a meeting for April 11-12 to decide whether to leave as well.
A presidential aide said the government was reaching out to individual members of allied parties to offer positions that have opened up after the Brazilian Democratic Movement Party (PMDB) bolted on Tuesday.
With the lower house of Congress due to vote in mid-April on whether Rousseff should stand trial in the Senate for allegedly manipulating government accounts to win re-election in 2014, the PMDB’s decision on Tuesday to abandon her government was a heavy blow.
Reuters [1]
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.