Vargas Era Vargas Era The Vargas Era (Portuguese: "Era Vargas"; ) is the period in the history of Brazil between 1930 and 1945, when the country was under the dictatorship of Getúlio Vargas. The Brazilian Revolution of 1930 marked the end of the Old Republic. President Washington Luís was deposed; the swearing-in of President-elect Julio Prestes was blocked, on the grounds that the election had been rigged by his supporters; the 1891 Constitution was abrogated, the National Congress was dissolved and the provisional military junta ceded power to Vargas. Federal intervention in State governments increased and the political landscape was altered by
Miguel Vargas on 13 December 2011 for $15 million, well above the equity amount Vargas said owning earlier this year, although the offered guarantees were previously rejected by the management of the Bank Valuations. Members of his party insinuated that the loan, which was approved in eleven days, would be related to Vargas Maldonado's refusal to participate in favor of the party's presidential candidate Hipólito Mejía in the election campaign 2012. He is currently president of the PRD. He is also president of the "Socialist International for Latin America and the Caribbean" and, since 2013, vice president of the International Socialist worldwide.