U.S. News: Brazil Set to Escape Its Economic Malaise

By SIMON CONSTABLE

Not all of the recent drama in Brazil was caused by U.S. Olympic swimmer Ryan Lochte, who got into trouble after claiming he was held up at gunpoint. Actually, for investors, the main spectacle in Latin America's largest economy was somewhere quite different: the government.

In late August, long after the athletes returned to their home countries, Brazil's President Dilma Rousseff was impeached following a lengthy process.


The good news, unless you are Rouseff, is that the political commotion may augur in a period of economic reform that could move more rapidly than previously expected. Investors have already been betting on that, and there will likely be more gains ahead. Read more here.