Politics
BB and Caixa decide to leave Febraban because they disagree with the political position
Banco do Brasil and Caixa Econômica Federal intend to leave Febraban (Brazilian Federation of Banks) due to their disagreement with the company – which is privately owned – taking a political position. The decision was brought to the attention of Economy Minister Paulo Gedes and the President. Jair Bolsonaro (no party).
Febraban, a representative of the country’s banking sector, intends to issue a manifesto next Tuesday (31) asking for harmony between the three powers. This was reported by sources heard by Estadão.
Disagreeing with the federation, both Caixa and the federal government-controlled BB would send Febraban a note stating that they would leave the organization if the manifesto were published.
According to Estadão, the initiative to issue a manifesto was approved by the institution and received majority support.
The issue has been debated for about a week, but Caixa and BB are opposed to a request for approval from the legislative, executive and judicial branches, while President Jair Bolsonaro (not a party) has publicly attacked other powers.
Without quoting Bolsonaro or Gedes, the manifesto was interpreted as a criticism of the federal administration, as urgent action would be on its agenda so that Brazil could overcome the pandemic and create jobs.
The decision to break with Febraban was taken by Caixa President Pedro Guimaraes, who maintains a close relationship with President Bolsonaro, according to Estadão.
Both Caixa and Banco do Brasil would dispute a specific part of the manifesto, according to Estadão, which speaks of “serious concern” about “escalating tensions and hostility between state authorities.”
O UOL contacted Caixa, who confirmed Febraban’s possible exit. Caixa and Febraban provided no feedback on this at the time of this posting.
General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.
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!!
General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.
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.
Editors’ Choice
General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.
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).
General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.
-
World3 years ago
The Gabby Petito case. Brian Landry set up camp with his family after his girlfriend disappeared
-
Top News5 years agoTristan Thompson reacts to Khloé Kardashian’s new appearance
-
Top News4 years ago
TLC ‘sMothered’ recap: ‘Party curled up,’ boyfriend problem
-
Top News5 years ago
Alex Cooper hosts a solo podcast
-
Top News4 years ago2021 Ford Bronco price: Here’s how much the 2-door and 4-door cost
-
Tech4 years agoFall Guys is supplying out a legendary costume and Kudos as an apology present
-
Top News4 years ago
Chiara de Blasio was ‘very cold’ during the arrest of the protest: witness
-
Economy2 years ago
Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners
