Daily Archives: April 19, 2016

Brazil | Crisis in Brazil

by Perry Anderson

The BRIC countries are in trouble. For a season the dynamos of international growth while the West was mired in the worst financial crisis and recession since the Depression, they are now the leading source of anxiety in the headquarters of the IMF and the World Bank. China, above all, because of its weight in the global economy: slowing output and a himalaya of debt. Russia: under siege, oil prices falling and sanctions biting. India: holding up best, but unsettling statistical revisions. South Africa: in free fall. Political tensions are rising in each: Xi and Putin battening down unrest with force, Modi thrashed at the polls, Zuma disgraced within his own party. Nowhere, however, have economic and political crises fused so explosively as in Brazil, whose streets have in the past year seen more protesters than the rest of the world combined.

Macedonia Speaker Confirms June 5 Election

Speaker of Makedonia parliament officially sets date for early general elections on June 5, despite opposition warnings that they will not participate in any elections as matters stand.

Speaker of parliament Trajko Veljanoski on Friday signed papers calling early general elections in Macedonia on June 5 – after opposition parties led by the Social Democrats, SDSM, said they would not participate.