Last chance for Brazil’s Rousseff to save mandate: newspaper

Walter Brandimarte – Reuters, 9/13/2015

Brazilian President Dilma Rousseff has one last chance to stem a growing political and economic crisis before being forced to step down, one of the country’s leading daily newspapers said on Sunday.

In an unusual front-page editorial, Folha de S.Paulo said Rousseff needs to take “drastic measures” including additional spending cuts and tax hikes to make up for a 2016 budget gap that has cost Brazil its investment-grade rating from Standard & Poor’s.

Rousseff, a leftist who was re-elected by a thin margin in 2014, is facing impeachment calls as her government struggles with a deep economic recession and a massive corruption scandal at state-run oil company Petrobras that has implicated several of her political allies.

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