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Spanish Reform Returns Jobs to the Center of Political Debate Here – 01/11/2022



Spanish Reform Returns Jobs to the Center of Political Debate Here - 01/11/2022

Lula’s praise for the new labor reform in Spain was the hottest topic of news in the first week of the new year.

It is a great relief to know that topical issues, regardless of opinion about them, are still capable of breaking through the smokescreen of factoids laid by Jair Bolsonaro to divert attention from what really matters.

The world of work should be at the center of the country’s agenda in 2022 like never before. And not only because 13.5 million people are looking for work, and the unemployment rate twice the world average

But also because we have witnessed stagnation in labor productivity, skyrocketing instability and explosive growth in informality – today, four out of ten Brazilians have no protection whatsoever.

In other words, our problem is not so much quantity as quality. It’s not just about reuniting millions of people hungry for opportunity. The challenge is to create decent jobs that make our economies more competitive and restore workers’ incomes – the lowest in four years.

What are the presidential candidates saying?

As expected, Lula’s comment drew a reaction from other presidential candidates. Governor of Sao Paulo, Joao Doria (PSDB) issued a memo stating that “employment will not return, resurrecting outdated laws.” He also said the 2017 revision of the Brazilian labor reform, proposed by some PT leaders, could create “legal uncertainty” and “investor distrust.”

Another Planalto candidate, Sergio Moro (Podemos), followed the same line as the Governor of São Paulo. “There are 3 proposals on the table of the pre-presidential campaign. One that will carry out the necessary reforms in the country (ours); another from a government that has completely abandoned reforms (the current government); and the third, which wants to reverse the already consolidated reforms. (EN), “Former judge Love Jato tweeted.

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Ciro Gomez (PDT), in turn, for at least four years defined the labor reform, approved under Michel Temer, as “savagery”. In the last general election, he already hinted at the possibility of canceling a package of more than 100 changes to the Labor Code (CLT) approved by the National Congress.

The 2017 reform allowed unrestricted outsourcing, abolished union tax, made access to justice more difficult, and introduced “negotiation above the law” – the idea that a free agreement between workers and employers costs more than the text of the law.

Adopted on a whim, without the participation of workers’ representatives and in the midst of the period of institutional turmoil following the impeachment of Dilma Roussef, the fact is that did not immediately provide the promised millions of jobs

Advocates of the reform today argue that the reform itself will not even create new jobs and that it takes time to prove its beneficial impact on the labor market. There was also a pandemic in the middle of the journey.

Questions to be answered

Aside from the more legitimate debate over the revision of labor reform, as it happened in Spain, the main candidates for Brazilian presidency this year will have other questions to answer.

Does it make sense to continue the wage exemption policy in 17 sectors of the economy, as President Bolsonaro did on the last day of last year?

Do job seekers have up their sleeves with program proposals for their first job that do not repeat the mistakes of the past?

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Is there a plan to revitalize our industry, bring in skilled professionals, and prevent brain drain overseas?

Right now, the world of work is imposing itself on the agenda of the most brutal elections in our recent history. It remains to be seen if we will continue to debate our future as serious adults or be distracted again by penis-shaped bottle memes like in 2018.

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The dollar continues to reflect the political scenario



The dollar continues to reflect the political scenario

Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!

Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.

Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.

The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.

Yesterday, the spot price closed the selling day at R$5.3103.

For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!

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Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.



The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.

Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.

No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.

Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.

Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.

The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.

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The EU has reached a political agreement on limiting gas prices – 19.12.2022



Germany sentenced Russian to life imprisonment for political murder by order of Moscow - 12/15/2021
BRUSSELS, DECEMBER 19 (ANSA). European Union countries reached a political agreement on Monday (19) to impose a natural gas price ceiling of 180 euros per megawatt hour (MWh). The main sources of income for Russia and the minimization of the use of energy as a weapon by the regime of Vladimir Putin.

The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .

The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.

Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.

The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.

Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.

“This is a victory for Italian and European citizens who demand energy security,” he added.

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Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.

However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).

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