Dilma Rousseff re-elected
Incumbent President, Dilma Rousseff, won a narrow victory in yesterday’s Presidential election second round runoff. The left-wing Rousseff of the Workers’ Party (PT) took 51.6% of the vote with 99% of all votes counted. Her centrist and pro-business rival Aécio Neves of the Brazilian Social Democracy Party (PSDB) took 48.4% of the vote.
There is unlikely to be much of a honeymoon period for President Rousseff as she starts her new term on 1st January 2015. She faces an intense investigation concerning the siphoning of Petrobras, the Brazilian state owned oil company, funds into the Workers’ Party coffers. She is also facing uncertainties over the state of the economy which fell briefly into recession earlier this year and which is also facing a possible financial downgrade.
The campaign this time was much more bitter than had previously been the case and the narrowness of the result probably means that the government will also face a hard time in parliament. However, her pro-government ‘Coalition With the Strength of the People’ (Coligação Com a Força do Povo) did win 304 of the 513 seats in the Chamber of Deputies and 53 of the 81 seats in the Senate in the election which was held on 5th October.