Politics
High prices and political and economic uncertainty dampen demand for flights in Brazil
Gabriel Abreu – From Agência Amazônia
MANAUS. The lack of certainty in the Brazilian political and economic scenario and more expensive airfare have dampened demand for end-of-year travel. Amazon residents who choose to spend Christmas and New Year out of state will feel high airfares in their pocket. And those who chose to pay the high price chose the Northeast, according to research.
Booking.com conducted an unprecedented national-only survey to understand the behavior of travelers in the country when they visit the coast. According to the study, residents of the Northeast are unanimous when it comes to relaxing with their feet on the sand and swimming in the sea. Indeed, in the ranking of the five best beaches in Brazil, four are located in the region.
This was stated by economist Origenes Martins. AMAZON AGENCY that international travel is more expensive and that now is the best time to travel to other parts of the country. According to him, the war between Ukraine and Russia directly affected the cost of tickets for international flights.
“It is quite complicated by the excessive increase in ticket prices, in addition to the exchange rate issue. The dollar, with a significant increase, as well as the problems that the countries of Europe and the United States are experiencing, due to the war between Ukraine and Russia, cause problems, even now, with the advent of winter, even with heating houses, due to lack of fuel, ”explained economist.
regional option
Travel agent Olímpio Carneiro reported that the lack of policy definition caused little movement towards the end of the year and that the way out given by the Amazons are packages for jungle hotels and hotels in Manaus.
“We are seeing very little movement this year due to the political and economic uncertainty of the new government starting January 1st, which is why many people are reluctant to travel at the end of this year. Another problem is flights, the prices of which are much higher than average, which also reduces demand, ”said Carneiro.
non-tourist perspective
Economist Origenes Martins explained that in Brazil early next year there is a possibility of change due to institutional instability, this political problem with the lack of definition of the names of government plans, structure and even what type of economic practice will be adopted.
In any case, for Brazil, domestic tourism is on the rise and causes, so to speak, a strong strain in all sectors of the economy, and prices end up affected by changes, so much so that ticket prices, even domestic ones, could be much less. because, according to the operators themselves, the number of flights has increased significantly compared to last year, which theoretically should have led to a significant reduction in prices, ”the economist clarified.
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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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