Rousseff hangs by a thread after losing impeachment vote

Arnaldo Galvao, Anna Edgerton and Mario Sergio Lima – Bloomberg,  04/17/2016

Rousseff’s presidency is hanging by a thread after Brazil’s lower house of Congress voted in favor of her impeachment, a decision that cheered investors just as it threatens to bring down the curtain on 13 years of leftist rule.

The opposition garnered 367 votes, 25 more than the two-thirds majority it needed to send the impeachment motion to the Senate.

“The commencement of the impeachment process is authorized,” lower house speaker Eduardo Cunha said at the end of the session that was broadcast live on public screens across the nation.

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