Disturbing stats
For the first time Brazil has recorded a budget deficit in the first few months of the calendar year. The current deficit is R$5.8 billion! The year-end figure is expected to be on the order of R$97 billion if Dilma remains in office.
Unemployment for QI-2016 was 11%. That figure is 40% higher than the rate for QI-2015. The figure translates to 11.1 million Brazilians now unemployed.
The figures also showed that Brazil’s unemployment rate has led to 1 million entrepreneurial start-ups. Some are proving successful and their owners suggest they are unlikely to return to their former jobs.
On another note, tomorrow is Mayday – International Labor Day – and a large demonstration is reportedly planned by Dilma Rousseff supporters with Dilma herself present. She has been increasingly aggressive in her criticism of the impeachment process and recently referred to it as “ridiculous”. The PT is not about to go quietly into that dark night!
CORRECTION: I wrote in a previous blog post that as of 03 May the Special Senate Commission on Impeachment would submit its findings to the Senate. That was not correct. The report is due to be submitted on 11 May. Apologies.
CORRECTION: I wrote in a previous blog post that as of 03 May the Special Senate Commission on Impeachment would submit its findings to the Senate. That was not correct. The report is due to be submitted on 11 May. Apologies.
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