Brazil's lower house of parliament voted to push forward with Dilma Rousseff's impeachment proceedings — a crucial step that will likely lead to the embattled president getting ousted before the end of the year.
The vote now moves to the Senate, where lawmakers will decide by simple majority whether to conduct a trial against Rousseff, an economist turned president. The result of that vote, expected within weeks, is seen as likely resulting in Rousseff stepping down at least temporarily.
Some market players say the actual change in leadership is enough to make the country, currently in its worst recession in 25 years, an intriguing place to invest. Brazil boasts the world's seventh-largest economy, its fifth-largest population and is a charter member of the so-called "BRICs" club of emerging markets.