Politics
“There is room for an agenda that awakens hope.”
67-year-old businessman Fabio Barbosa was one of the signers of the manifesto, signed by entrepreneurs and intellectuals in support of the country’s electoral system, and took part in the action against the government of Jair Bolsonaro, held on Avenida Paulista on 12 September. Barbosa, who participates in four groups with businessmen and leaders who want to take part in next year’s election debate, said in an interview state that the business world is now waking up for political debate.
What does Brazil need to do to restore its economy? Which reforms are most relevant?
The legal framework for basic sanitation is an important reform that has not always been highlighted. It has set universal targets for 2033 for the population for wastewater treatment and clean water. This is revolutionary. There have been positive developments, but in some the government has not accelerated. One of them is administrative reform. This must be done. It was a mistake that we didn’t. Let’s see if anything comes out of the tax reform before the end of the year.
Does business today have a more conservative or progressive view of the identity agenda?
Entrepreneurs and leaders have come to realize that society requires more interconnected actions with companies. Social integration topics are much more intertwined. Companies are working on their policies and are seeing how to eliminate the unconscious bias that prevents some people from being able to. Companies realized that a diverse group was better than a peer group. Society requires companies to take a stand on these issues. Entrepreneurs are much more involved with these topics, whether out of conviction or convenience.
What should be the main topics of the pre-election debate in 2022?
There are two themes. It is very important to discuss the environmental issue. We have to position ourselves. As well as social inclusion with equal opportunities through education.
In your opinion, have organizations and business leaders taken a belated stance on the behavior of President Jair Bolsonaro?
This issue began to linger as the president became more active in his opposition to democracy. The business sector, which has rarely mobilized, has chosen to publicly voice its concerns. It was important to get back on your feet. I see the growing participation of society in politics. I see that more and more people want to run for public office. Bolsonaro’s statements changed the level of concern.
How do you see the pre-election debate?
I want people to vote because they believe, not because they are afraid. I see people voting out of fear. There are many opportunities for a focused agenda that awakens hope. The left has taken over a monopoly on public good discourse. I see that the most liberal people in the economic situation show social concerns. We want a better country. The path is a lesser state presence, giving more space to the private sector.
Do you believe in the third path in the 2022 election?
The definition of the PSDB, which will take place in November in the preview, will be very important for the start of the game. Neither Bolsonaro nor Lula want a third name. The candidate who has appeared now will receive many blows from both sides. The right time will be next year. You need one or two candidates from the center.
Do you see your favorite name?
There is a place and time for growth (the third way). Without defining a PSDB preview, nothing will happen. From this point on, alliances will be made.
Information from the newspaper State of Sao Paulo.
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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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