Politics

The dollar returns to 5 reales with the political scenario on the radar; Ibovespa retreats

Published

3 years ago

July 1, 2021

The dollar returns to 5 reales with the political scenario on the radar; Ibovespa retreats

Mercado analyzes the testimony of Luis Paulo Domingetti Pereira on the CPI Covid-19 and its implications for Brazil.

Antara Photo / Hafidz Mubarak / via ReutersThe dollar returns to the level of 5 reais, taking into account the domestic political scenario

Main factors financial market Brazilians will return to work in the negative field on Thursday 1st, under the pressure of political risk in Brasilia, despite a more optimistic climate in the international scenario. About 12:55 dollar registered an increase of 1.21% to R $ 5.033, close to the high of R $ 5.049. At least the price hasn’t dropped from R $ 4,948. On the eve of the North American currency, it rose 0.63% to 4.973 reais, but in June it fell 4.8%. ABOUT IbovespaLink to the Brazilian Stock Exchange fell 1% to 125,400 points. Trading session on Wednesday, 30, closed down 0.41% to 126,801 points.

BUT Parliamentary Commission of Inquiry on Covid-19 (CPI) hears from Luis Paulo Domingetti Pereira, who introduced himself as a representative for Davati Medical Supply and denied an alleged request for a bribe of $ 1 per dose of the drug. AstraZeneca vaccine close the contract with Ministry of Health care… It will initially be heard on Friday 2, but a hearing was expected after the Minister Rose Weber, Federal Supreme Court (STF), giving businessman Francisco Maximiano, partner of Necessidade Medimentos, who will testify on Thursday, the right to remain silent. The Ministry of Economy is still on the domestic agenda and the Ministry of Economy announced that the labor market ended in May, leaving 280,000 formal sector jobs that were more than closed. This was the fifth consecutive month of positive change in the promotion of formal jobs. According to the accumulated result for the year, the balance is positive for more than 1.2 million jobs.

In the domestic market, investors are partly ignoring concerns about the proliferation of the Delta option. new coronavirus when analyzing the positive results of the recovery of the US and European economies. The Labor Department today released 364,000 jobless claims filed last week, below market forecasts and the lowest since the Covid-19 pandemic began in March 2020. On the other side of the Atlantic, PMI data shows a recovery in US economic activity. Kingdom and Eurozone.

Goodwin Townsend

General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.

Politics

The dollar continues to reflect the political scenario

Published

1 year ago

December 20, 2022

Goodwin Townsend

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!!

Goodwin Townsend

General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.

Politics

Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.

Published

1 year ago

December 20, 2022

Goodwin Townsend

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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Goodwin Townsend

General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.

Politics

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

Published

1 year ago

December 19, 2022

Goodwin Townsend

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.

“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).

See more news, photos and videos at www.ansabrasil.com.br.

Goodwin Townsend

General internet buff. Hardcore music maven. Typical foodaholic. Friendly student.