September 1, 2005
Brazil is no stranger to turbulence, but the shockwaves hitting the country since the beginning of June are something out of the ordinary. President Luiz Inácio Lula da Silva's ruling Workers Party (PT) was once a byword for probity in Brazil's notoriously seedy body politic. Now PT bosses stand accused of orchestrating the systematic and widespread bribery of ruling coalition lawmakers. If it becomes clear that Lula himself knew what was going on, then his chances of reelection in October 2006 once a given will become remote and his government could fall.
Lula initially promised the government would "cut its own flesh" if necessary to get to the truth of the
Lula finally managed to convince investors that he is committed to economic growth. But a widening corruption scandal threatens to discredit his work.