Thursday, September 8, 2016

Michel Temer, Brazil’s New President, Hits Early Challenges

Michel Temer, Brazil’s New President, Hits Early Challenges

Michelle Arreguin

Sept. 1, 2016 5:04 p.m. ET

Michael Temer was recently just elected as President of Brazil on Thursday. After former President Dilma Rousseff was expelled from her position by the Senate. The reason for her removal was due to the fact she was worsening the economy. It has not been seen this poor since the 1930’s. They are trying to bring in the new 2017 budget plan that Temer’s economic team recently released. However, since her removal there has been continues problems for the newly elected President. He is facing problems with the people of Brazil as well as other countries. The people are not thrilled about the impeachment or if Temer will deliver on everything he promised. They do not know if he can actually complete the task of turning the economy around. His marketing team is currently working on a campaign to educate the public why it is necessary to reform the economy in order to gain their support. Despite of not having the full support of the people there is also anger amongst countries. Venezuela and Bolivia are upset with the situation and are refusing to encourage Brazil’s decision. This may cause Temer to not be able to do business with these countries, which could potentially worsen the economy of Brazil. The ambassadors are refusing to accept exports from Brazil. Currently Venezuela, Bolivia, Ecuador, and Cuba have frozen relations with Brazil. The reason this article caught my attention is because I am studying Brazil for my country report. The fact that they just impeached the President and now no country will work with them amazes me. Although, Brazil is doing what they think is in their best interest people still refuse to encourage the decision. Instead they believe it is wrong to take someone out of power. It just shows that countries need to support one another because if not the economy of one country can be affected. Exporting and Importing is a team sport everyone must be willing to play in order to win the game. I do not believe it is wrong what Brazil is doing because the government is just trying to improve the country for everyone and hopefully that is seen soon by everyone around the world.

2 comments:

  1. This article is interesting for me because it talks about a similar topic of the one I analyzed: relationships among countries. This is other example of how countries just look after their own benefit by invest or enter foreign markets, but never or rarely try to support others when they face any internal issue because it is risky of their interests. As Michelle, I think countries should work together to help others, show empathy and support in order to avoid crisis and instability to grow, affecting more countries.

    ReplyDelete
  2. Good post. It is so hard to know whether or not you are making the right choice when electing government officials. They have the power to make a huge impact on the economy. I hope the new President Temer will make things better for the people of Brazil.

    ReplyDelete