Brazil turmoil returns with Lula controversy

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Brazil turmoil returns with Lula controversy

Oliver West
March 17, 2016 09:45 PM
Brazil, protest, Dilma, Lula
An anti-government protestor bangs on a pan during demonstrations in front of the Planalto presidential palace, in Brasilia, Brazil, Thursday, March 17, 2016. Brazil’s former President Luiz Inacio Lula da Silva was sworn-in as President Dilma Rousseff's chief of staff in a development that government supporters believe will ameliorate the political crisis roiling Latin America’s largest country, while detractors claim it’s a naked attempt to avoid prosecution. Rousseff insisted Silva would help put the troubled country back on track and denounced attempts to oust her. The T-shirt the man is wearing has a text that reads in Portuguese "DIlma Out." (AP Photo/Joedson Alves) | Joedson Alves/AP/Press Association Images

The timing of Brazil’s return to bond markets last week was looking better by the day this week as the controversy surrounding the appointment and then suspension of former president Luiz Inácio Lula da Silva to Dilma Rousseff’s cabinet brought volatility back to the curve.

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Oliver West
US Bureau Chief - Latin America Editor
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