Politics
Massa: Lawyer, seasoned politician, football player and “super minister” of Argentina.
This content was published on 28 July 2022 – 23:53
(AFP)
Argentina’s newly appointed “super minister” of the economy, Sergio Massa, 50, is a charismatic lawyer, former football manager and politician who has campaigned both for and against Peronism since the turbulent 1980s.
Massa leads the Chamber of Deputies from the ruling Frente de Todos (centre-left), whose trilogy of power he joins together with President Alberto Fernández and Vice President Cristina Kirchner.
Like Fernandez himself, Massa was President Cristina Kirchner’s chief of staff between 2008 and 2009, but he then became a fierce opponent until he joined her to defeat former liberal President Mauricio Macri in the 2019 presidential election. the saying goes: “The worst victims of inflation are the workers, the unemployed and the retired.”
In his new position, which he will take up after he is replaced in Congress, Massa will be responsible for the areas of the economy, industrial development and agriculture, livestock and fisheries, and relations with international, bilateral and multilateral lending institutions.
– Anti-Peronist beginning –
During his long political career, Massa was mayor of the town of Tigre on the outskirts of Buenos Aires. In 2013, he inflicted a heavy token defeat on then-president Cristina Kirchner by defeating her in the province of Buenos Aires in the midterm legislative elections.
Kirchnerism thus attributed to him connections with anti-Peronist Catholic circles, with the US embassy and economic power. But as things change in politics, in 2019 he formed an alliance with Fernandez and Cristina against Macri’s re-election. “When you use anything to stay in power and divide society, you cannot govern,” he once warned.
Massa was the director of the Tigre club, which led to the First Football Division. He is married to another high-ranking Peronist official and official, Malena Galmarini, with whom he has two children.
There are still Peronists who doubt that at the beginning of his career he fought in the Sindicato de Centro Democrático, one of the largest anti-Peronist groups in history. But with the arrival of the right-wing Peronist President Carlos Menem (1989-1999) to the executive branch, he joined the government’s Justicialist Party (PJ).
In the second decade of the 21st century, to oppose the Kirchners, he founded the Renewal Front, a group he still leads today and for which he was a presidential candidate in 2015, when he came in third (21.9% of the vote). ).
Massa is the son of a construction entrepreneur and housewife, Italian immigrants from Sicily.
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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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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 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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