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
Victor Vargas and Chairman. In 2014, Vargas and BOD partnered with American Express to provide a new credit product for microentrepreneurs. Microentrepreneurs provide for 15 percent of the Venezuelan economy. Vargas and BOD’s goal was to expand the American Express card to 300,000 cardholders with access to 46,000 businesses by 2013. The card would offer a 4-year rotating term financing option. In 2010, overall profitability on bank assets in Venezuela fell to 9.7 percent from 20.5 percent in 2009. Venezuelan bankers were concerned that the Venezuelan Central Bank had not changed commission tariffs in over five years. Vargas served as the leader