Brazilian Democratic Movement Party

As the Brazilian real depreciated and corruption scandals linked high level government officials – many of which have been arrested – to massive bribery cases at state-controlled oil company Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) (NYSE: PBR-A), Brazil’s crisis seemed...

Brazil's political stability appears to have taken a turn for the worse on Wednesday. According to Reuters, Brazil's largest political party, the Brazilian Democratic Movement Party (PMDB) announced its intention to leave President Dilma Rousseff's governing coalition and pull its members from the...