Politics
MacroDay: Temer discusses the country’s political scenario; continuation | Invest
Following the news release last week, former President Michel Temer will bring the country’s political outlook to the public on Tuesday 14th during a conference. Macroday 2021, a free virtual event promoted by BTG Current…
Through the mediation of the chairman of the board of directors of the bank, Nelson Jobim, the commission Brazilian political scene scheduled to start at 18:00.
To access the website that will host the transfer, simply log into a event page e complete registration.
Macroday 2021
Designed to help investors understand the macroeconomic scenario so they can make ever more decisive decisions, MacroDay brings together well-known representatives of the industry to discuss news and trends for the coming years from a political and economic point of view.
In this issue, topics such as the water crisis and tax reform will be part of the discussion forums. The opening is scheduled for 8:45 am.
In addition to Afraid, other important names in the national and international economy will be presented at the event. Among them there are Roberto Campos, President of the Central Bank of Brazil; Paulo Gedes, Minister of Economy; and Lawrence H. Summers, former US Treasury Secretary.
See the full list of attendees below:
Andrew Estevez, Senior Partner BTG Pactual
Roberto Campos, President of the Central Bank of Brazil
ACM Net, National President of DEM
Bruno Araujo, National President PSDB
Gilberto Cassab, National President of the SDP
Glazy Hoffmann, Federal MP and National President PT
Cristiano Vieira da Silva, Secretary for Electricity MME
Luis Barroso, PSR President
Eduardo Loyo, BTG Pactual Partner
Mansueto Almeida, Chief Economist at BTG Pactual
Thiago Berriel, Chief Strategist at BTG Pactual Asset Management
Lawrence H. Summers, Former US Treasury Secretary
William Dudley, Former CEO – Federal Reserve Bank of New York
Bernard Api, Economist
Vanessa Canado, Economist, Coordinator – Insper Taxation Center
Rocha Rocha, senator
Paulo Gedes, Minister of Economy
Michelle Temer, Former President of the Republic
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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.
Editors’ Choice
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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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