There’s a sense of foreboding in Brasilia this month as politicians remember Augusts past, including the resignation of one president, the suicide of another and protests that led to Brazil’s first impeachment.
Already more than 100,000 people have signed up on social media to march against President Dilma Rousseff on Aug. 16. Those demonstrations may embolden her opponents in Congress, as lawmakers return from recess this week to an agenda that includes requests to impeach the president and tax bills Rousseff says are needed to shrink the budget deficit.
The deepening recession and a corruption scandal reaching senior figures in Rousseff’s party have already depleted her political capital and pushed her popularity to record lows. Any further deterioration in her fortunes puts at risk the budget savings she painstakingly pushed through Congress this year and threatens Brazil’s hard-won investment-grade rating.
Brazil Energy Insight 
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