# In an op-ed, NYU Global Research Prof. Ian Bremmer explains how Brazil can emerge from its current financial crisis

1 Faculty News May 7, 2015 ![TIME logo](/sites/default/files/styles/246w/public/assets/images/uat_025660.jpg?itok=PFxttUnQ)>

Excerpt from [TIME](http://time.com/3849967/rousseff-is-in-deep-trouble-in-brazil/) -- "There is a silver lining. Brazil needed a reason to escape its lethargy, and now it has one. While the Petrobras investigations threaten to grind government to a halt, they also provide an opportunity to clean house. Rousseff will salvage what she can, enacting plans to restore investor confidence by raising more revenue and spending less. That’s important in a country where the public deficit last year was nearly 7% of GDP."

[Read more](http://time.com/3849967/rousseff-is-in-deep-trouble-in-brazil/)