Brazil’s Temer Seen Weaker Even W/Electoral Court Win: Eurasia
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Joao De Castro Neves (Eurasia Group)
Michel Temer (Federative Republic of Brazil)
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UUID: 7947283
(Bloomberg) -- If Electoral Court acquits Temer, the president will have won a battle, but not the war, returning to the day-to-day politics weaker, with several flanks in its base of support and vulnerable to a cycle of heavy investigation and news, says Joao Augusto de Castro Neves, Eurasia Group Director for Brazil, in an interview with Bloomberg. See main points:
- Temer will not be the "phoenix coming out of the ashes" if it survives the Electoral Court; Will not be strengthened to the point of rescuing support he had before the crisis
- He will face heavy investigations, focusing on PMDB parliamentarians who gravitate around him
- Streets are still secondary variables; Who will determine the future of Temer are the economic, political and legal elites
- Coalition will not be consolidated; Some parties have left and do not come back
- Best scenario for reforms would be Temer’s rapid fall by Electoral Court decision, with indirect election of a new president who could conduct reforms
- Worse scenario would be the fall of Temer postponed for a long time, for example with Electoral Court postponing decision, and the president surviving in a very different level from the previous one and without being able to approve Social Security reform
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Joao De Castro Neves (Eurasia Group)
Michel Temer (Federative Republic of Brazil)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283