64804
Temer Defiant, Refuses to Resign
International

Temer Defiant, Refuses to Resign

Brazil’s president is vowing to remain in power despite a damaging new corruption allegation, but Latin America’s largest nation could very well be rudderless as long as he stays at the head of what one analyst is calling a “walking dead administration”.
President Michel Temer struck a defiant note on Thursday, promising he would be found innocent in a Supreme Court investigation into allegations that he endorsed a scheme to pay hush money to a former influential legislator who is now in prison for corruption, ABC reported.
But Brazil and his administration will not shrug off the incendiary allegations so easily. Stock prices and Brazil’s currency were pummeled, as investors digested the allegation first reported by the newspaper Globo late Wednesday.
As long as Temer stays in power, the political turmoil could leave the country adrift, just as it needs a strong hand to pull its economy out of a deep and protracted recession.

Short URL : https://goo.gl/SSVNaq
  1. https://goo.gl/0GDa2B
  • https://goo.gl/2dZGQy
  • https://goo.gl/2Jpr93
  • https://goo.gl/N0gw00
  • https://goo.gl/i6NQf2

You can also read ...

Trump Scolds NATO Allies
US President Donald Trump intensified his accusations that NATO...
Al-Shabaab Kills  5 Kenyan Police
Five police officers were killed on Thursday when their vehicle...
Qatar “Fake News” Spat Divides Arab Media
Middle East media is having a “fake news” moment. At least four...
Bus Attack Kills Over 20 Egyptian Christians
Gunmen have attacked a bus carrying Coptic Christians in Egypt,...
Heavy smoke rises following an airstrike by the US-led coalition aircraft in Syria (File Photo)
US-led coalition airstrikes on Thursday killed at least 35...
Election Campaign Resumes After Manchester Attack
Britain’s politicians resume campaigning in earnest on Friday...
Indonesia Makes Arrests as IS Claims Jakarta Attacks
Indonesian police arrested three people on Friday suspected of...
Israeli Forces Raid West Bank Protest Camp
Israeli forces have raided a protest camp in a village in the...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus