Politics
The TGI agenda discusses a “post-election future” against the backdrop of political, economic and social challenges for 2023.
In its 24th edition, the traditional launch event TGI Agenda: Panel 2023 brings as a theme “Post-election future” with a panorama including global aspects and forecasts for Brazil, Pernambuco and Recife under social, political and economic scenarios from 2023.
The event was led by the architect and business strategy consultant Consultoria TGI, Francisco Cunhaand held in partnership with Revista Algomais, will take place on Tuesday (22) at RioMar Theater, in the area of Pina, in the southern zone of Recife. The evening will also feature Fabio Menezes, partner of TGI.
“We have made an assessment that starts first with the world and the effects of the Covid-19 pandemic, then with Brazil, Pernambuco and Recife. In the case of Brazil and Pernambuco, our outlook is under a new administration,” Cunha said. about what to present to the local business community in his lecture.
On the national stage, next to the third term of the elected president Luiz Inacio Lula da Silva (PT)of great concern is the jump in public debt relative to GDP, whose specialists point to an increase of four percentage points.
On the recent debate about the priority of social programs and, accordingly, the efforts of the transition team of the new government in an attempt to approve the call Transitional PEC – which provides for the withdrawal Bolsa Surname cost ceiling – Francisco Cunha believes that the estimated cost of 200 billion reais was set to allow negotiations to reach an agreement.
“They already have several parallel PECswhich talk about 85 billion reais and 70 billion reais, these are big negotiations to resolve the issue of responsibility next year, and this is very important. During this transition, at the suggestion of President-elect Lula, it became clear that they were bringing social responsibility to the forefront and only talking about financial responsibility,” he said.
“During these debates, we came to the conclusion that at the end of conversations and discussions there is no social responsibility without financial responsibility, and vice versa. And this is new in the national debate and open to public opinion,” he added.
CHALLENGES FOR PERNAMBUCO AND RECIFE
Predictions made for the new government of Pernambuco, which will have an elected governor Raquel Lyra (PSDB)as of January 1, 2023, are viewed with optimism, according to Francisco Cugna.
He points out that the former mayor of Caruaru and his vice-governor Priscilla Krause (citizenship), will inherit the state with the lowest level of debt in 21 years. The Ministry of Finance has already announced that the Pernambuco government will be able to take out loans worth more than 7 billion reais for infrastructure investment.
At the same time, the main task of the new leadership will be to lay the foundations for a qualitative leap, capable of adapting the model of the state’s economic development to new and aggravated political, social and environmental requirements.
“We see that it has been done fiscal effort which coincided with the pandemic, so during the pandemic, the state made additional efforts to pay off debts and prepare for taking new loans. And with an increase in debt capacity, the next government will have the financial conditions to adequately meet the needs, which are very large,” the TGI consultant noted.
For the third year as mayor of Recife, Joao Campos (PSB)Francisco Cunha draws attention to the fact that climate change has increased the urgency of investing in the city’s urbanization, recalling the tragedy of heavy rains that hit the capital Pernambuco in May this year.
Member Strategic Council for Economic and Social Development (CEDES), he highlighted the announcement of the approval of a loan of 1.5 billion reais by the Recife City Hall with the IDB (Inter-American Development Bank) to invest in areas with populations at risk.
“There are over 30 communities that will benefit from these resources. Today we visited the community of Irma Dorothy in Imbiribeira, which will be the first community to benefit from these resources, mainly urbanization, regularization of land tenure. This is very positive for our city,” he said.
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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.
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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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