"Brazil, the fifth most populous country and ninth-largest economy in the world, is in the midst of severe economic and political crises that are closely intertwined and unlikely to be resolved quickly. The country's deep recession has taken a toll on U.S.-Brazilian trade, with U.S. exports declining by more than 25% ($10.8 billion) in 2015. The ongoing crises could also hinder Brazil's preparations for hosting the 2016 Summer Olympics in August; its response to public health challenges, such as the Zika outbreak; and its ability to address foreign policy concerns, such as stability in neighboring Venezuela."
CRS Insight, IN10471
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html