Brazil Digs Itself a Deeper Hole

MIN READMay 19, 2017 | 16:22 GMT

Brazilian President Michel Temer is defiantly shunning calls for his resignation, but widespread suspicion of his wrongdoing will likely weaken his position.

(EVARISTO SA/AFP/Getty Images)

An end to Brazil's plunge into political instability is not yet on the horizon, which means a sustained economic recovery may not be either. A new obstruction of justice scandal has engulfed Brazilian President Michel Temer and his close allies in Congress at a time when the Brazilian economy was just beginning to climb out of two years of deep recession....