Opinion: Brazil’s CPMF Tax Resuscitated?

Opinion: Brazil’s CPMF Tax Resuscitated?

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – There is a Brazilian saying that goes “Farinha pouca? Meu pirão primeiro!” That translates, roughly, into “Not enough flour? My gravy comes first!” Everybody in Brazil knows there is a lot less flour than there was six months ago, so everybody wants their gravy first. Sadly, […]

Opinion: Brazil’s Pizzaioli at the Ready

Opinion: Brazil’s Pizzaioli at the Ready

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – Not long ago, there were reports that the TCU, one of Brazil’s government oversight agencies, was actually going to grow teeth and repudiate 2014’s federal statement of accounts, because of the “pedaladas” which are prohibited by the Law on Fiscal Accountability. Not long ago, there were […]

Opinion: Brazilian Pork Barrel, Revisited

Opinion: Brazilian Pork Barrel, Revisited

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – “Orçamento impositivo” is the sesquipedalian rendering in Portuguese of “pork barrel” —American for adding provisions to legislation that forces the government to spend money on something it doesn’t want to. In Brazil, the barrel has (again!) gone ballistic and the pork has gone postal. No prize […]

Opinion: Brazil’s Presidents under Investigation

Opinion: Brazil’s Presidents under Investigation

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – It’s been a bad week for Presidents in Brazil, with almost daily headlines containing denunciations of corrupt behavior. The best known “President” is former President Lula. This week it was announced that the Public Ministry in Brasília is investigating him for alleged international “influence peddling” which […]

Opinion: Courting Brazil’s Supreme Court

Opinion: Courting Brazil’s Supreme Court

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – Recently, the current STF Presiding Justice, Ricardo Lewandowski, had a secret meeting with President Dilma Rousseff and her Justice Minister to discuss impeachment. Yesterday, another STF Justice discussed impeachment with the President of the House. Why this sudden interest in the STF? Because there are now […]

Opinion: Has PMDB Taken Over Power in Brazil?

Opinion: Has PMDB Taken Over Power in Brazil?

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – PMDB was the successor to MDB, the official opposition party created by the military dictatorship, whose initials stood for Movimento Democrático Brasileiro. PMDB was the party of President Tancredo Neves and José Sarney, Tancredo’s VP who succeeded him as President in 1985, and Itamar Franco, Fernando […]

Opinion: Dilma’s Dismal Disconnects in Brazil, a Smidgen

Opinion: Dilma’s Dismal Disconnects in Brazil, a Smidgen

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – Dilma has been visiting the U.S., making nice with POTUS the SuperSnoop, visiting the MLK monument, and incidentally signing or approving a bunch of totally innocuous and futile pie-in-the-sky agreements that neither side will ever keep. For instance, she’s promised to eradicate all illegal Brazilian deforestation […]

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