Since being named as one of the BRICs nations by Goldman Sachs in 2003, Brazil has gained global attention for its rapid development. Under the leadership of their two latest Presidents, Lula and Dilma Rousseff, Brazil has tried to capitalize on their substantial economic potential with the hope of developing their own nation in the long run. This culminated in Brazil being awarded the two megaevents, the World Cup in 2014 and the Olympics in 2016, that were supposed to serve as symbols for the advancement and international relevance of Brazil. Today Brazil faces an internal struggle as they try to preserve their economic potential while the government tries to keep hold of the trust of the nation. The last few years have shown growth within Brazil, but every positive step domestically seems to come with dramatic repercussions. While Brazil may not have the same potential as it did in 2003, there is still much room for economic growth, both domestically and internationally. It is now the job of the government to shift their focus back to the domestic sphere in order to ensure that the progress the nation has made to become their regional and global power is not undone by domestic turmoil.