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The recessive environment will continue due to inflation and political stress created by Bolsonaro | Miriam Piglet

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The recessive environment will continue due to inflation and political stress created by Bolsonaro |  Miriam Piglet

(Miriam Leitao and Alvaro Griebel)

The country has entered a technical recession, which this blog has warned about in subsequent publications. The -0.1% data and the second-quarter revision to -0.4 add up to two negative quarters, which is technically a recession. Feels more stagnant than deep recession, but this environment is likely to continue as industry indicators for the fourth quarter are performing poorly.

“I do not exclude another negative result in the fourth quarter,” said economist Sergio Vale of MB Associados.

What is a tech downturn and where is the Brazilian economy heading

The economy has suffered from inflation and the tense institutional environment created by the state. Let us remind you that the month of September, the last month of this quarter, the results of which were published today, began with a week of an extremely difficult crisis caused by the coups of the president of the republic. The economy, which had not developed this quarter, felt it, and the dollar was the clearest channel of data transmission. This, in turn, contributed to the already growing inflation. The economy has received reports of the riots created by the president, this is one of them.

There is an aggravating factor: interest rates started to rise more strongly after this third quarter, which is another sign that the negative environment should continue. Selich started to rise in March, but from a very low level. In June, it was at 4.25%. will end the year above 9%. And as the effect of interest rates intensifies over time, it is now that the economy will begin to feel the tightening of monetary policy.

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Some economists were expecting this result, but a few months ago the third quarter was expected to be the best of the year as the economy responds to falling pressures from the pandemic and will be pulled back by resuming services. The service sector had a positive result this quarter, but the economy as a whole is plagued by high inflation and political and financial uncertainty created by the government.

In the future, expectations remain negative, in addition to the risk of a recession for another quarter, forecasts for 2022 refer to a stagnant country. In MB, the rate remains zero. In Itau, it remains at -0.5.

– October and November came out with very bad data, which will jeopardize the GDP of the fourth quarter. This quarter we should have worse results in industry and services than in agribusiness, and ultimately GDP should grow by only 0.1% on a margin, ”said Sergio Vale.

The year that saw a V-shaped recovery from last year’s fall ends with a return to stagnation and a scenario for next year that will maintain that climate next year.

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Politics

PS wants to diversify the Algarve economy and create wealth in the next political cycle.

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Diversification of the regional economy and wealth creation are PS’s two priorities in the next political cycle, using the fact that the Algarve will have more than 1.2 billion euros in EU funds.

“A value that has not been reached since the Algarve region ceased to be part of the convergence regions, as it exceeded 75% of the average GDP of the European Union,” the socialists emphasize.

“This is four times more than the PSD government agreed with Brussels in 2011 for the region. We have grown from 300 million euros to 1,200 million euros. Four times the funds available, enabling us to bet on diversifying our economy to be less dependent on tourism, improve our hospitality offering, and support our entrepreneurs in their growth and wealth creation, as well as more skilled jobs and higher wages added in a statement, the head of the PS list for the Faro constituency in the Legislature, Jamila Madeira.

The Socialist candidate believes that this election also needs to know how this emergency support will be used and which areas should be given priority.

The region will directly manage 780 million euros to increase competitiveness and ensure its growth and development, but PS has already “reserved” 300 million euros to “support companies and entrepreneurs who want to grow and invest in the Algarve, creating wealth and jobs in areas other than hospitality and tourism.

“This is important because the region will become stronger and better prepared to face new crises and threats,” says Jamila Madeira, also remembering that there can be no economic development model without affordable housing for workers, youth and families with disabilities. intermediate income.

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“That is why the PS government has already contracted several municipalities in the Algarve to build 3,322 houses with an investment of 233 million euros,” adds the candidate.

Another major strategic investment for the region will be water and climate leadership and energy transition. “We are the only region in Portugal that has a box of 200 million euros in the Recovery and Resilience Plan, dedicated exclusively to investments in the Algarve. Desalination and water harvesting in Guadiana are fundamental projects that are already underway to guarantee the quality and quantity of water for the Algarve,” notes Jamila.

Considering that “these are the priorities of the Socialist Party,” the head of the PS list points out that “the right has another way.” “The right thinks that the housing market should solve the problem of housing prices, or that the National Health Service should only respond to the poor, and those who have money should pay for health,” he continues.

In this election, Jamila Madeira concludes, “What is at stake is defining the development model we want for our region and country, and how we are going to use the exceptional resources that Prime Minister António Costa agreed in Brussels for the Algarve and Portugal. Do we want a solidarity model or an individualistic model? A model that promotes growth and supports companies that invest and bet on skilled and higher paying jobs, or on the continuation of the austerity and low wages that the right pursued between 2011 and 2015 and which they continue to defend today.

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Politics

TSE and WhatsApp will have a tool to condemn mass shootings in elections

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Dado Ruvic / Reuters

BRAZIL – After whatsapp were used to massively spread fake news in the 2018 presidential election. Supreme Electoral Court (TSE) wants to improve the tool, built in partnership with the app, to denounce this type of practice in a dispute in October. The service was running during the 2020 municipal promotions, but the new virtual assistant will be launched at a time when Electoral Justice is considering suspending yet another messaging app, Telegram, for the lack of cooperation in the fight against false information.

Now anyone who receives suspicious messages can fill out a form on the Electoral Justice website. If the content is found to be illegal campaign footage, the court will ask WhatsApp to delete the account. If the TSE concludes that there is a direct link to any campaign, the candidate may be subject to sanctions ranging from fines to cancellation. The partnership was discussed yesterday at a meeting between TSE President Luis Roberto Barroso and WhatsApp CEO Will Cathcart.

At the same time, Congress will try to cover up the actions of politicians on social networks. The intention of the Joint Parliamentary Commission to Investigate Fake News (CPMI) summit is to resume work from next month and continue until September, ahead of elections. CPMI was established in 2019 but was put on hold less than a year later due to restrictions imposed by the covid-19 pandemic.

“We’re not going to investigate the election, but we’re going to be a sort of whistleblower box. All efforts to control the interference of this gossip and fake news are valid,” said Senator Angelo Coronel (PSD-BA), president of CPMI. On the other hand, the House intends to pass a law on fake news by March, so that it will come into force in the next election. It is proposed to create rules for the use of social networks and prohibit the shooting of mass messages.

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The practice motivated complaints about Jair Bolsonaro’s ticket in 2018. The case was considered by the TSE last October, when a majority of the court acquitted the president-elect and his vice president, Hamilton Murao, but outlined the principles of what would not be adopted in 2022. “Everyone knows what happened, no one doubts that social media is flooded with illegal mass shootings, hatred, disinformation, slander and conspiracy theories,” Barroso said at the time.

Minister Alexandre de Moraes, who will chair the TSE in 2022, said that “if what was done in 2018 repeats, the registration (of the candidate) will be canceled and the people who do this will go to prison for attacks on institutions and democracy in Brazil.

During the 2020 campaign, the platform used to report mass shootings received 4,981 messages. After passing through the filter of selective justice, 1042 accounts in the application were blocked.

According to the survey, WhatsApp is installed on 99% of smartphones in Brazil.

A survey conducted by Mobile Time and Opinion Box in 2020 found that WhatsApp is installed on 99% of smartphones in Brazil is the most used app in the country. In total, the company claims to have 120 million monthly active users in Brazil. According to the study, 88% of users confirmed receiving fake news through the app. In addition, one in three admitted that they passed the information without checking its authenticity.

The company says that it does not control the content, that is, it will not penalize users for spreading fake news, but rather avoids automatic messaging. “Any user can report it to TSE. This reinforces the message I was sending to the political world: don’t hire mass shootings, don’t do political WhatsApp marketing. This is bad for democracy and could damage election campaigns, leading to the loss of a ticket,” said Dario Durigan, head of public policy for WhatsApp Brazil. Stadium/broadcast.

The following are key excerpts from interviews with Dario Durigan, WhatsApp Brazil Head of Public Policy:

What will WhatsApp do to combat fake news in elections?

WhatsApp created in 2020 and will improve in 2022 a platform for reporting suspected mass shooting accounts. This is a TSE tool developed in collaboration with WhatsApp. This reinforces the message I was sending to the political world: don’t hire mass shootings, don’t do political WhatsApp marketing. This is bad for democracy and could damage election campaigns, resulting in a lost ticket.

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The TSE is looking into sanctions for platforms that do not cooperate, as in the case of Telegram. Is this a positive thing or is it an abuse?

The fight against disinformation is important and very serious. Taking action is everyone’s business. The reality of WhatsApp, which is very different from other applications, lies in the intense collaboration with Justice. Collaboration and responses to court decisions matter to most messaging apps.

Politicians advertise on WhatsApp…

WhatsApp is not the place for professional campaigning. WhatsApp is a place for private conversations. It is clear that there is talk of politics. This is natural and understandable. If professional mechanisms are used for the purposes of structuring a marketing campaign, such offensive templates, inhuman templates, accounts will be blocked.

Will it be possible to avoid fake news in elections or is it unmanageable?

Malicious fake news, professionally distributed by organized, funded groups, I think so, and we are moving towards it. More widespread, organic disinformation is another matter. Here is a long discussion. The language of people in everyday life is done inaccurately, with prejudices. Since WhatsApp eventually becomes the place for these conversations, it has a lot of inaccuracies.

Does the company want to separate “aunt zap” from the digital police?

I don’t know if I would put it in those terms. Any funded coordination where it’s not clear to the user what target you want to use with that message is very bad, regardless of the ideological spectrum. Protecting the user is what should be prioritized in this immediate battle.

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Can the platform be held responsible for using the fake news app?

The message is protected by end-to-end encryption. Content belongs to users. WhatsApp does not have access to content, nor does it moderate the content of conversations. It’s strange that WhatsApp controls the content.

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Politics

Ventura rejects Rui Rio’s idea of ​​a “spot trading” policy.

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An expired Citizen Card is used to travel and apply to reside in the United Kingdom.

Faced with statements made today by Rui Río, who admitted that he had only spoken to Chega about budgets “during the usual parliamentary debate in front of everyone”, André Ventura criticized the position of the Social Democrat president, citing that this party leader “said one and the opposite.”

President Chegi spoke to reporters during a short street in the center of Sines, where there were about 20 fighters, where there is very little contact with the population.

Ventura said that Rui Rio “already allows parliamentary talks, but in plain sight.”

“This is a navigation policy in sight, you can see that later. This is not being done. We must be held accountable,” said the leader of the party, who in the last days of the campaign tried several times to put pressure on the SDP not to rule out a possible right-wing government.

“Two or three days before the elections [Rui Rio] says that voting for Chega is voting for the PS, but no one believes this. These are dream conversations. Rui Rio must now proceed from the fact that he always said that he did not want to oppose, that he wanted to cooperate with PS, and now he remembered that it is necessary to oppose,” he said.

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