Politics
“September 7 will be a watershed for Brazil,” the political scientist predicts.
The week was turbulent in the political arena. Between Monday and Tuesday (5), the focus in Brasilia was on the PEC print vote that was cast. Also on Tuesday, the Navy staged a military parade with tanks around the Planalto Palace, which was criticized by lawmakers.
A special parliamentary commission analyzed a proposed constitutional amendment promoting a mini reform of electoral rules. The so-called “area” was rejected. The return of party coalitions to proportional elections was approved.
Yesterday (12) the Supreme Court (STF) authorized the initiation of an investigation against President Jair Bolsonaro in order to investigate the leak of information about a secret investigation by the Federal Police (PF). In addition, the week was marked by increased tensions between the three powers and a large number of CPI sessions on the pandemic.
On the other hand, the government announced a new social program to replace the Bolsa Família, as well as a vote on income tax reform, postponed until next week.
Analyze
Political scientist Carlos Valente notes that the week was “full of stories”, but in practice it did not have “the novelty that people feel in their daily life.” According to him, “the fact that the chamber does not vote on issues of interest to the population is nothing new” – with regard to PECs by printed votes.
“Even a military parade, which was criticized by many people, takes place every year, but no one knew about it,” said Valente. “For an ordinary citizen, it was a week like any other,” he confirmed.
The specialist highlighted the role of agribusiness in Brazil’s trade balance. “These people work from sunrise to sunset, they have no time to engage in political gossip,” he commented. “They create wealth, jobs and make the country work. In fact, this is the main thing, ”he said.
“Brazil will remain the same with the CPI for the pandemic. We have a House that has forgotten about the population – the politicians we have chosen – so we will have a president who will fight a number of tricks, we will continue to discuss whether the voting results will still be published or not, and so on. ” , – analyzed Valente.
The specialist expects a “big move” on September 7 in Brasilia. “Agribusiness will provide support and food for these thousands of people, and they will not leave until we address some central issues,” he predicted.
“I think September 7 will be a watershed moment for Brazil,” he said.
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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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