Picked by Lula to succeed him, Dilma Rousseff, the former guerrilla who had become his chief of staff, won the presidency in 2010 with a majority nearly as sweeping as his own. Nowhere, however, have economic and political crises fused so explosively as in Brazil, whose streets have in the past year seen more protesters than the rest of the world combined. Political tensions are rising in each: Xi and Putin battening down unrest with force, Modi thrashed at the polls, Zuma disgraced within his own party. India: holding up best, but unsettling statistical revisions. Russia: under siege, oil prices falling and sanctions biting. China, above all, because of its weight in the global economy: slowing output and a himalaya of debt. For a season the dynamos of international growth while the West was mired in the worst financial crisis and recession since the Depression, they are now the leading source of anxiety in the headquarters of the IMF and the World Bank.
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