Politics
The third path in Brazil is political reform.
In film Perfume for women (1992), Lt. Col. Frank Slade (Al Pacino, in an Oscar-winning play), despite losing his eyesight, dances an unforgettable tango and finds his best moment during a debate at a prestigious American leadership school: “Beware of the kind of leaders they produce here.” , – he warns in C major.…
Slade’s warning does not make sense in an electoral system in which subtitle voting forces parties to call famous people (vote collectors) to elect representatives who, with a lackluster vote, gain parliamentary seats. Some parties describe themselves as personal and inorganic fiefdoms. In this scenario, the so-called third path to the 2022 elections is spoken of as shortening the path around the polarized circuit.
After re-democratization, we only had a third successful path in the 1990 elections. Faced with three center-left or left-wing candidates, there was a rehearsal for Silvio Santos and the nomination of Fernando Collor, who would be elected and go through an impeachment process.
Interestingly, before the second round of the same elections, the third option was again considered, when Leonel Brizola (3rd place) invited Luis Inacio Lula da Silva (2nd) to resign in order to put Mario Covas (4th place) in dispute with Collor.
The second round is causing serious problems in the Brazilian elections. The couple who arrive there are forced to form alliances, demanding overstated commitments that will cost the nation dearly in the future. People are constantly bewildered by unexpected ingredients in a (mixed) salad.
The futility of the second round
Conceived as a safety valve of sorts (and to overcome the mistaken majority problem), the second round is a waste of time and community resources. Since its inception, no candidate has changed the outcome of the first round, and if it had existed before, it would have been equally useless: either one imagines that in the democratic period from 1945 to 1963, the victory of Dutra (supported by Vargas) Will Vargas, Jusselino and Yanio swap places? In addition, the drain enhances the polarization.
interview in aprilone, former President Fernando Henrique said he misses the days when sociologists thought about Brazil in general. Perhaps they have lost their place for economists, for which the media are in great demand. The result was not good and the FHC memory seems to fit.
Read the other chronicles of Carlos Augusto Junqueira de Siqueira here
He also spoke out against the institution of re-election. It seems that he is right: the opportunity to remain in office encourages the replacement of government programs with election plans. On the other hand, the fragmentation of parties gives rise to the so-called coalition presidential approach, which distorts the political system.
Reforms
We have already lost track of government pension reforms that weathered the pandemic. We also had a labor reform, and now we see tax and administrative reforms being discussed.
The third path in Brazil is political reform. But this one, year after year, next year. Historically, this change occurred only at break points (1822, 1889, 1930, 1945, 1964 and 1985). Otherwise, the intervention was single or individual.
In this sense, looking at the reforms as a whole, it is necessary to carefully examine the experience gained at the present time in Chile. Obviously, the advance committee was left behind, and the neighboring country slowed down an unstable model.
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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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