After completing his first six months in office, Brazilian President Michel Temer finds himself in a difficult situation. A series of scandals have forced the resignation of six of his ministers. The economy has not recovered and expectations over a positive turnaround have worsened significantly. Temer is struggling to stay afloat. Calls for his resignation and early elections have multiplied.
Though he will likely hold onto power until the end of the term in late 2018, the president can no longer aspire to be the leader Brazil needs in order to turn the economy around. Brazilians are now wondering if there is anyone who can put the country back on the path to solid and inclusive growth.
Though it is the largest economy in Latin America, Brazil is also a country with a history of unrealised potential. Rich in natural resources, Brazil has also been blessed with a climate that makes it an agricultural powerhouse. Sharing a border as it does with most South American countries (with the exceptions of Chile and Ecuador), Brazil also has a diversified economy that makes it an attractive country to have as a trade partner.
To read more, please visit the Buenos Aires Herald.