Postcards from yesterday’s countries of the future:
Brazil: President Dilma Rousseff of the Workers’ Party faces impeachment on charges of cooking government books. Corruption investigations are ongoing in cases involving former President Lula da Silva and the presidents of both houses of Congress. Inflation is in double digits and the economy contracted by 3.8% last year.
In 2009, the Economist magazine praised Brazil for “smart social policy and boosting consumption at home,” predicting its economy would overtake Britain’s after 2014.
Turkey: Recep Tayyip Erdogan was in Washington last week, where the Turkish president’s security detail made diplomatic history by beating up protesters outside his speech at the Brookings Institution. A 2013 corruption scandal, implicating dozens of members of Mr. Erdogan’s ruling AKP party, including two of his children, fizzled after the government purged 350 police officers investigating the affair.
In 2009, Hillary Clinton described Turkey as “an emerging global power.” Financial Times columnist Philip Stephens (no relation) gushed that Turkey “sets a powerful democratic example to the rest of the Muslim world.”
China: A leak of 11.5 million documents from Panama-based law firm Mossack Fonseca—instantly dubbed “the Panama Papers”—implicate relatives of President Xi Jinping along with other top officials of sheltering fortunes in offshore tax havens. Mr. Xi is supposed to be leading an anticorruption campaign. CONTINUE AT SITE