Politics
“Insulting the positions of political parties is unacceptable”
The ICMS project removes the “barrier” created by the STF
The project is approved in the House, which produces fuel, energy, etc. in essential goods and services, limiting the ICMS rate to 17%, serves, according to experts, to remove the “barrier” created by the STF in 2021. light bill, benefiting Bolsonaro’s economy and government. Coincidence or not, the ministers “modulated” the decision so that it would only affect the economy in 2024.
never collected so much
According to tax law doctor Andre Ricotta de Oliveira, states have always abused ICMS rates and are now complaining about losses.
Good start
Oliveira says this won’t be enough to contain the overall rise in prices, but “essential goods will have reasonable cuts.”
other priority
As a matter of urgency, the Chamber approved a bill limiting ICMS to 17%. In the Senate, Rodrigo Pacheco promises speed.
Seeing is believing
The rapporteur, Senator Fernando Bezerra, said “this issue will be put to a vote as soon as possible” and promised to prepare his report this week.
Covid pandemic continues at a minimal level
Despite a slight rise in the number of new covid cases over the past week, the average infection and death rates from the virus are still at their lowest levels since the start of the pandemic. The rolling average of deaths in Brazil is 93 per day, according to Conassa, a level recorded only at the end of last year and March 2020. The number of active cases is 10% of the 2022 peak.
Fractional part
The average number of new cases has increased over the past week but remains five times lower than during the ubiquitous wave earlier in the year.
Stability
The average number of deaths, which really matters, fluctuates between 90 and 110 within two months, so the attention of the coronalists has shifted to new cases.
different views
While some states prepare for the 5th dose and the return of masks, others with common sense analyze cases, hospitalizations and deaths.
late invention
Pernambuco Governor Paulo Camara (PSB) is now promising to start miraculous deeds that will prevent further tragedies. All you have to do is explain why you didn’t do it sooner. This would have prevented 128 deaths.
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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.
Editors’ Choice
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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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