Politics
vaccination is the best financial and public health policy
Minister Paulo Gedes said mass vaccination is the best tax and public health policy for the country. The announcement took place this afternoon (25), at the event. CEO conference Brasil 2021 hosted by BTG Pactual Bank. According to him, “there will be no shortage of vaccines in Brazil due to financial resources.”
“The best financial policy you have today, and the best public health policy at the same time: mass vaccination. This is what will allow us to safely return to work and prevent the collapse that happened last year, when we simply did not have protection, and then we went only into social detachment, ”the minister said.
He added that medical care during a pandemic cannot be passed on to future generations. “Each generation has to pay for the wars that it creates and invents. We are not going to push this towards children and grandchildren, we are not going to put this debt at 100% of GDP. We have a double obligation: on the one hand, there will be no shortage of money for health, on the other hand, we will pay this bill. So the costs should be one-off. ”
Gedes also said that after the budget is approved, the focus will be on reforms. “There was a huge buzz in the budget. This is the first time a government has made a budget based on its parliamentary base, it has never done so before. Of course, there are only excesses. There is a minister who wants to spend a little more, trying to make a hole in the ceiling on one side. On the other hand, the coalition is also governmental, it wants to spend a little more, ”the minister said.
He added that the political agreement must fit into the budget and that as a result the agreement was reached, fit into the budget and did not violate the spending ceiling. “Now we have resumed the reforms, we are moving to the administrative one.”
The minister also said that he is negotiating with the chairmen of the House and Senate on tax reform and, in his words, “it will be easy” and “it will be difficult to oppose.” “We are going to make a federal VAT, the first simplification, we are going to slightly reduce FDI, supply a stove, a refrigerator, and make it a little more affordable. We will end up with some benefits, if there is not soon a tax on big fortunes, it comes, what comes, it is better for the guy to pay a little where he is exempt, ”he said.
During the event, Gedes conducted an assessment of his leadership, taking into account the so far positive results of the pension reform, the approval of the autonomy of the Central Bank, the regulatory framework in the field of sanitation and the privatization of subsidiaries, which, he said, brought in R $ 200. billion to the state in two years.
He stated that at the beginning of the reign there was no governance, but with the last elections of the Presidents of the House and Senate, a new representation in the National Congress was merged. “This new center-right representation has taken over as President of the Congress and House. In a few weeks, an independent central bank, a new fiscal system with triggers, sewerage, natural gas, post office, Eletrobras. That is, a series of reforms was quickly carried out. Bankruptcy law, start-up law, I mean, Congress is changing direction, ”he said.
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Politics
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.
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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Politics
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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Politics
The EU has reached a political agreement on limiting gas prices – 19.12.2022
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.
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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