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Political relativity, harm reduction and economics



The Federal District begins this Saturday (19th) vaccination of 49-year-olds at five vaccination sites that will serve this group over the weekend (Photo: Fabio Rodriguez Pozzebom / Agência Brasil Location: Brasilia-DF)

By Hugo Silo

Confident patriot: “PT together with Luis Inacio Lula da Silva and Dilma Rousseff destroyed Brazil.”
Inappropriate Voter: “It’s just that President Jair Bolsonaro committed genocide; half a million Brazilians have died because of their stupidity and denial. “

Confident patriot: “But Lula is a thief, a liar and a cynic. He robbed state companies, broke the government and bought media in order to maintain his power. “
Inappropriate Voter: “The current president is doing the same. He uses government advertising funds to buy media and try to stifle press freedom. He joined the popular SBT, Record, Jovem Pan and the like to seduce evangelicals, retirees and vulnerable people who ask for help. “

Confident patriot: “If Bolsonaro kills, he tries to get in. He never closed a single commercial door. This is a victim of politicking. He is Christian, honest, protective of his family, and prescribes early treatment. Governors, STF togado and butchers in Congress interfere with the president … “

The transcription of routine, republican, and unsubstantiated WhatsApp debates, played by millions of people with different characters in virtual groups across Brazil, clearly demonstrates the political, moral, ethical and civilizational quagmire that the country has fallen into in the last few elections. … The arrogance and dissonance with the reality of systemic corruption seen in the governments of former presidents Lula and Dilma pushed the country towards the election of a false messiah. The same, until proven otherwise, now brings the nation back to Lula, as in the infinite pendulum of left-right-left-right. A phenomenon, colloquially, that describes a dog chasing its tail.

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This Saturday, June 19, 2021, the day the country crosses the infamous 500,000 death toll, the resilience of political extremism dictates the rhythm of clashes between red, yellow-green, multicolored or faded on social media. Undeclared civil war. Thousands of Brazilians who have not yet entered the statistics are dying right now because they did not get immunized when they could.

In the economy, some of those behind closed doors condemn the decision of mayors and governors. Those who have already reopened are crying about the lack of consumers – either those who have already died or those who disappeared simply because of unwillingness to take risks.

Brazil, which is currently experiencing the worst of worlds ahead of the 2022 election race, is saving the core of old theories to shape its future. The first, known as the principle of relativity, introduced into modern science by Galileo Galilei, determined that any movement makes sense only in comparison with another point of reference. Second, harm reduction, which advocates for reducing the harm associated with actions that cause harm – the old known “less worse”. And finally, the economy. Ah, there are no theories for economics other than mass immunization and the resumption of normalcy. Whatever your side or argument, hold on tight. The elections are in progress.

* Hugo Silo is a columnist and business editor for IstoÉ Dinheiro magazine.

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The dollar continues to reflect the political scenario



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.

Yesterday, the spot price closed the selling day at R$5.3103.

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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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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The EU has reached a political agreement on limiting gas prices – 19.12.2022



Germany sentenced Russian to life imprisonment for political murder by order of Moscow - 12/15/2021
BRUSSELS, DECEMBER 19 (ANSA). European Union countries reached a political agreement on Monday (19) to impose a natural gas price ceiling of 180 euros per megawatt hour (MWh). The main sources of income for Russia and the minimization of the use of energy as a weapon by the regime of Vladimir Putin.

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.

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“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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