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The IEE President says that for the economy to recover, it is necessary to move forward in vaccination.



The IEE President says that for the economy to recover, it is necessary to move forward in vaccination.

Economist Gabriel Pikavea Torres, who was elected president of the Institute for Business Studies (IEE) for the year in April, understands that the first agenda for economic recovery is to accelerate vaccination of the population in the country. State with the onset of privatization.

In this interview with Trade journalTorres also talks about the importance of resuming the training of new leaders based on a new scenario of digitizing the economy, as well as expanding the influence of the Freedom Forum, an annual event hosted by the IEE.

Jornal do Comércio – What are your administration’s goals for the IEE?

Gabriel Picavea Torres – We want to modernize the training of leaders, this is our main task. We were created to educate entrepreneurship leaders, who influence not only their business but also society, to tackle any public problem that the private sector can solve with the help of a non-profit organization like Instituto Floresta. Or in public life, referring to governments such as Paulo Ubel (former secretary for de-bureaucratization, governance and digital government at the Ministry of Economy), Wagner Lenhart (former federal government secretary for personnel management and performance) and Ricardo Gomes (current deputy mayor of Porto -Alegri, DEM). So, our goals for management in the IEE are to modernize training (leaders), adapt to the moment when personal communication is no longer as relevant as it was in the past – it is still relevant, but there is no such centralism as before, there are virtual tools – and to leverage the influence of the Freedom Forum, the flagship of the IEE, for over 20 years.

JC – How will the IEE act in training business leaders for your management?

Torres – Good leaders are people who can inspire sympathy, communicate and motivate those around them for entrepreneurial initiatives, reflections on business, activism or social life. And they do it on the basis of certain values ​​- personal freedom – for everyone who wants to prosper. Within the framework of law, state and democratic law, we use rules to guarantee the most basic rights of any person – freedom, prosperity, property, respect for life. So, leadership that promotes through these values ​​what we need to start changing institutions and making them open, inclusive, which increases the likelihood that anyone will be able to achieve what they want.

JC – You’re talking about strengthening institutions through the work of good leaders. Can you illustrate this?

Torres – This is the reality of countries that have strong institutions that manage to ensure prosperity for their citizens, opportunities for people to improve their lives. This is why we need increasingly strong institutions – open ones that allow anyone to participate and contribute, as well as inclusive institutions. These are good rules of the game to create a competitive environment. Here I can speak from the market, business, education-related issues … And that innovation is not blocked or prohibited by governments or organizations that do not want innovation to happen. Transport applications have been a great example of recent years. There was an archaic institution that legally prohibited the appearance of these applications. Transport applications appeared, people decided to use these applications for movement, and then there was a clash between those who used the previous rules for the market reserve, against the initiative of greater competition and freedom. We must allow the repetition of similar situations (applications) in all markets, this is a guarantee of more competition and opportunity, a freer market in which the consumer is sovereign. And that, after all, we can have a pulsating and innovative market economy.

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JC – The Freedom Forum has reshaped the pandemic. How do you plan the next editions of the event?

Torres “As vaccination progresses, when we can host events with large audiences in person, it is natural that we have a Freedom Forum bringing together the best of both worlds. Let’s combine all the good things that online gives us in terms of coverage, schedule flexibility, the ability to participate at a distance, virtually from someone else in the world. This is the good side that online brings us, and the same in terms of the audience. The Forum is no longer an event held only in Rio Grande do Sul, it can attract Brazilians from other parts of Brazil, even foreigners. And also bringing in the good part of the presence, the opportunity for people to communicate here in Porto Alegre with good speakers, people who want to exchange ideas or learn more. We will maximize engagement, relationship, intimacy and empathy personally, but also provide us with the reach and opportunities that the Internet gives us.

JC – So is the forum an example of a pandemic transformation that must remain?

Torres – The hybrid model online and in person is the way forward in the coming years. The role of the forum is to convey liberal ideas to a growing audience, to conduct mature debates focused on real solutions to real problems.

JC – What is the IEE focusing on now?

Torres – Prepare the member for the correct position. We encourage our employees to hold positions and make them public when they feel comfortable.

JC – How do you assess the role of public and private institutions in Brazil?

Torres – We have a common leadership vacuum in Brazil. There are not enough balanced people capable of holding public office. Obviously, with rare exceptions, I don’t want to be frivolous. Just point out that there is often a lack of serenity, attentiveness, a little empathy for opposing positions. It is very alarming when people in government positions begin to exacerbate the position of institutions. For example, the Supreme Court, which ultimately even legislates on issues, interprets the Constitution in a way that is not like what the Constitution says. I’m weird. People in leadership positions take a rash position and sometimes even slightly overstep the line of common sense and politeness. True leadership in times of crisis works much more to help find solutions and calm anger than to rekindle anger and make an environment that is already unstable by nature even more unstable.

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JC – How do you assess the ongoing privatization in the state – CEE, Korsan, Sulgas?

Torres – Finally, in Rio Grande do Sul and in Brazil in general, the privatization agenda is no longer taboo. This is perceived by the political system, legislative, executive and even judicial authorities as an agenda for society. People are tired of seeing arguments about whether the sewer company is, for example, public or private. People want results. And they realized that the private sector produces much more results than the public sector. Just look at the sewerage situation with state-owned companies in all states and in many Brazilian municipalities. For 60 years, he had a municipality hoping to get full sanitation coverage, but that didn’t happen.

JC – What about privatization at the national level? Are they at the right pace?

Torres – It could be faster, you can go further. Congress often hesitates to respond. Answered better, we must praise this. It is important to privatize and no longer have a state monopoly, but also to ensure that no one falls into a private monopoly. For innovation to flourish further, competition and freer markets are needed.

JC – What does it take for the economy to grow again?

Torres – The first agenda is vaccination. People will not leave their homes and the economy will not recover without normalization. The first step is to accelerate the pace of vaccination. The second is the promotion of an institutional reform program, especially tax, tax simplification and administrative reform, which tackles the main problem of government accounts, which generates all fiscal costs. Thus, a kind of time bomb set in the Constituent Assembly is being dismantled. Government spending has turned into spending with constant vegetative growth, regardless of who is in power and the level of productivity.

JC – How do you analyze the reform debate in Congress?

Torres – Now the focus of Congress is tax and administrative reform. If these two programs move forward, Congress will make an important contribution to society. Brazil is one of the few large countries with extremely high consumption taxes. This taxation mainly affects the most humble people who consume most of their income. And this does not apply to developed countries, where taxation is focused not only on consumption. In Brazil, the situation is even worse because it is regressive, cascading and costly, not only for small entrepreneurs who find it difficult to scale up their business, but also for citizens.

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JC – How do you rate Brazil in the second year of the pandemic?

Torres – Brazil has stopped doing homework. In terms of combating Covid-19, we are looking at, for example, South Korea, a country that has been struggling with pandemics and epidemics emanating from China for a long time. South Korea has taken a number of smarter measures, always thinking about considering health care, but without stifling economic activity, from the massive use of rapid testing and tracking systems to isolate people who have been infected, and even to inform these people that they were infected. and therefore it was wise for them to stay at home and hide for a while; protect people from the at-risk groups who are obviously the most affected over the past two years. Brazil did not. We are getting into a political debate instead of dealing with health risk management.

JC – Could the 2022 Election Approach Affect the Brazilian Economy?

Torres – The election campaign has already begun, we are already discussing next year’s elections in a polarized environment, with two candidates (Jair Bolsonaro, without a party, and Luis Inacio Lula da Silva, PT), in my opinion, populists – from different parties. but populists, and this is not the path that Brazil needs. We need the path of the reform program. If these two candidates, or any other candidate that comes along, supports the reform program, great, and then we may have a better solution.

JC – Is the pandemic scenario in any way helping to improve public and private institutions?

Torres – We live in a dichotomous environment. We have successes and failures. As for the achievements, the reform program, since 2016 we have already approved the labor reform, the cost ceiling, the social security reform, the state property law, the legal framework for startups, the sanitation structure, the list of reforms in which we are moving forward. But there are other bizarre situations where the Supreme Court passes laws and interprets the Constitution in ways that surprise even those working in the legal field, restrictions on the creation of various political parties because it threatens traditional political parties. On other fronts – the weakening of the anti-corruption program of Operation Lava Yato, which is also not positive for Brazil.

JC – Do you believe in the viability of a center candidacy for Planalto?

Torres – In Brazil, we pay too much attention to the candidacy of the executive branch. There is no point in having a president more committed to reform if Congress doesn’t go. As for a candidate for the executive branch (center), there is room as long as there is a candidate who knows how to voice the reform agenda to people, what society wants the country to move forward.

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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.

“This is a victory for Italian and European citizens who demand energy security,” he added.

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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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