Dilma Rousseff: “You have one hour to solve this problem.”

Ms. Dilma Rousseff, Brazilian President

There is no denying that the main challenges facing the Brazilian economy include the achievement of sustainable growth and the struggle for a fair distribution of its rewards throughout society.

The country is fortunate in having as its president Dilma Rousseff, a highly principled leader who may well prove to have the necessary qualities to build on the success of her predecessor.

Ms Rosseff, 62 years, was not so well known when former president Luiz Inacio Lula da Silva made clear his view that Brazil should have her as its first female president. He realised that under her leadership – as during his before- there would be full understanding that Brazil’s challenges start at home and that the country must mobilise its considerable potential for the benefit of all.

President Rouseff has indicated that her presidency represents continuity for the country and a strong role for the state. We expect her to be a resolute leader.

“You have one hour to solve this problem,”

(Brazil’s President Dilma Rousseff calling on ministers to help the country’s farmers who were suffering from the effects of bad weather. She extended the deadline, but there was no way they would be allowed to fail. One of the three, agriculture minister Mendes Ribeiro, describes the president as a very precise and direct leader.)

Life has been a struggle for the new president who has only recently recovered from lymphatic cancer. As a young woman she opposed the military dictatorship and was jailed for three years. A career civil servant, she was chosen by Lula partly because she had not been tainted by the corruption scandals surrounding some of the other likely candidates.

Once a left wing revolutionary, she is now tooting the horn for private enterprise and rightly so. It has been a long journey and a necessary one for her and her people.  The struggle continues.

CFI

Recent Posts

Nissan’s Decline: A Story of Missed Opportunities and Mounting Challenges

Once a titan of the automotive industry, Nissan now grapples with a series of setbacks…

4 days ago

Global Banks’ Retreat from China: What Went Wrong?

Not so long ago, China was hailed as the next big frontier for Wall Street.…

5 days ago

The Economics of Valentine’s

As consumer spending and seasonal sentiment increasingly drive market dynamics, Valentine’s Day continues to be…

1 week ago

Get NEDs, Get Ahead: These People are Important for Your Business

Companies across industries are recognising the value that NEDs — non-executive directors — bring to…

1 week ago

New Wealth Wave: How the Rich Are Getting Richer — and Younger

The number of ultra-wealthy individuals is increasing, and their average age is dropping. Why, and…

1 week ago

Wall Street Checkmate: The Intriguing Story of Chess Expertise and Business

High-level finance is a combat zone, and every choice can make or break a career.…

2 weeks ago