MercoPress. South Atlantic News Agency
Brazil's markets react negatively to Rousseff's re-election; waiting for new finance minister name
A sharp drop in Brazil’s financial markets signalled investors are unsure whether the newly re-elected President Dilma Rousseff will take the necessary steps to reinvigorate the country’s stalled economy. Read full article
Comments
Disclaimer & comment rulesTower to the bridge....tower to the bridge....there are icebergs dead ahead!!!!
Oct 28th, 2014 - 09:08 am - Link - Report abuse 0Throughout the election campaign in no time no word was mentioned about the United States and its satellites countries.
Oct 28th, 2014 - 09:44 am - Link - Report abuse 0The Brazilian people have shown absolute indifference to Western.
It is. The life of loan sharks is becoming increasingly difficult.
https://www.youtube.com/watch?v=NN9RwpNAZFQ&index=2&list=FLmXPTu1f8AdGlizWNiASx2A
#2
Oct 28th, 2014 - 10:43 am - Link - Report abuse 0A nice looking aircraft which should do well.
However, I am sure you will give due credit to Western countries who supplied the engines, electronics, carbon composites, control systems etc etc without which the aircraft could not be built. http://www.airframer.com/aircraft_detail.html?model=C-390
They should show an indifference........The western society works to support themselves and SA works to survive on government handouts.
Oct 28th, 2014 - 11:58 am - Link - Report abuse 0“Ms Rousseff’s weak mandate—the weakest of any government since democracy was restored in 1985”
“And Lula may yet prompt his protegée to be a bit more business friendly and pragmatic, as he was while in office in 2003-10. But chances are that Ms Rousseff will merely tinker around the edges just enough to stave off a painful ratings downgrade. In the absence of fully fledged structural reform, Brazil will continue to drift, putting jobs, incomes, as well as the PT’s cherished social programmes at risk. From now on, the ride may only get rougher.”
http://www.economist.com/blogs/americasview/2014/10/brazils-presidential-election-2?zid=305&ah=417bd5664dc76da5d98af4f7a640fd8a
You can show the strength of your words be stopping exports to the western capital world.........or keep giving a Brazilian BJ.
@2. Yep. Brazilians are pretty stupid. Strangely, other countries are rarely mentioned during a country's national elections. During the British general elections, the United States is rarely mentioned. Equally, south america and its belligerence, corruption, criminality, deviancy, larceny, mendacity, stupidity, viciousness, weakness, xenophobia are almost never mentioned. Why mention crap?
Oct 28th, 2014 - 12:04 pm - Link - Report abuse 0In line with the remainder of the electoral dictators, when will she be mentioning constitutional reform of consecutive term limits?
Oct 28th, 2014 - 01:27 pm - Link - Report abuse 0The market reaction will be the result of the 'real middle class' cashing out in preparation to the move up to Florida which it considers its real home.
Oct 28th, 2014 - 05:03 pm - Link - Report abuse 0Why do south americhicanos hate the middle class so much? Because they work? That is what the middle class in the rest of the world do....work? You should try it sometime.....working is a good thing. Hepatitis C.....who are you going to tax when they move to Florida? Move to Miami.....there are lots of gardener jobs there. and you do not need an education to weed wack or air vac. Better yet......move to Massachusetts and I will pay you to shovel snow.
Oct 28th, 2014 - 05:15 pm - Link - Report abuse 0“Remarks on Monday from Guido Mantega, the current Finance Minister, did little to boost confidence: He told reporters in Brasilia that the government’s re-election shows that the majority of Brazilians approve of the current economic policy”......
Oct 28th, 2014 - 07:12 pm - Link - Report abuse 0Indeed, a remark worthy of the idiot who already has one foot out of the government. What won the election for the fat B were the 30 million recipients of government handouts , 90% of them in the northeast. Just for information's sake, according to the official stats, 50% of the families in Bahia, get the Bolsa Familia....no wonder the fat B won. But if you removed those 30 million voters, on handouts, from the election equation, in other words, remove those who sponge off the rest of the country and who will always vote for the PT as they are afraid of losing their 'life-long' benefits, Dilma would have lost big-time.
One thing most of the 'lesser-informed' people - to describe them nicely - don't seem to understand, is that it's the so-called 'rich' that supply their jobs, salaries, etc.....poor people don't give jobs to poor people....and who does the government collect taxes from ? from the workers, whose salaries are paid by the 'demonized' rich. Do away with the free-enterprise system and you got yourself the failed USSR model...if that's what those idiots want, time to close shop and go to the airport...
Majority approve!!!! WTF.......by such a slim margin it shows how little room Dilma and her croonies have to fuck up. That margin or victory is so close someone could have farted on election day and changed the outcome.
Oct 28th, 2014 - 07:25 pm - Link - Report abuse 0As Petrobas scandal drags on and oil prices continue their skid along with grains........let's see how a nation dependent on exports copes with it. First it will be the DFI departing because they will start to raise business taxes, then unemployment with start increasing.......to compensate...they will start printing the Real on tearable rolls...........then inflation with start rearing it's ugly head...........sound familiar Argentina?
@ 9 You could purchase your tickets via the website decolar.com. However they only work with flights from economy class. Good luck with your move!
Oct 28th, 2014 - 08:25 pm - Link - Report abuse 0@ 10 Foreign trade is little expressive in Brazil. Less than 20% of our GDP.
With respect to oil, could you explain how we lose money if we spend 35 billion US dollars with its import? Do not you think that if the oil price fall is best for anyone buying? Or there in the “Western” things work differently?
“Mantega said that re-election of Dilma shows a majority of Brazilians approve the current economic policy”
Oct 28th, 2014 - 08:44 pm - Link - Report abuse 0The Liar Mantega is trying to get his old job back!
Dumb-ass Dilma is trying to keep hold of the purse strings and tell everybody what to do with the economy: what she an economist without the proof of taking the exams? Just like her ‘bestist’ mate TMBOA.
Will Brazil get it right this time, will they get a permanent seat on the UN Security Council, will pigs fly?
Tune in for the next however many years this fiasco of a government will last before it all blows up in her face.
@11 Brazzo,
Oct 28th, 2014 - 10:03 pm - Link - Report abuse 0Thanks for the information, but I don't need the likes of “decolar.com”.
On second thought, I think I'll stay put, just to screw with your little brain.
And you sound proud that Brazil's foreign trade is “inexpressive”.. just the same as you ! But, IF Brazil's foreign trade were, say, 50% of GDP, instead of meaning that the GDP would be smaller - as your worthless brain sees it - it would mean far more jobs, more income, more progress and a larger GDP overall....but I suppose that is way above your brain's pay-grade.
As to the US$ 35 billion - your figure - spent on imported oil, don't you think that if Petrobrás were run as it should, that Brazil could be a net exporter of oil....and the US$ 35 billion could stay IN Brazil and be chanelled into social projects to improve the lives of the Brazilians...instead of being 'wasted' ?? or worse, stolen by the PT ?
C'mon Brazzo, show me you aren't as naive, or as stupid as you sound...
You really made me very sad. Perhaps in 2018 with the rise of LULA you can decide to finally use the website decolar.com.
Oct 28th, 2014 - 10:18 pm - Link - Report abuse 0I can only imagine how bad Brazil will be by 2018 under Dilma
Oct 29th, 2014 - 10:21 am - Link - Report abuse 0@ 14
Oct 29th, 2014 - 05:36 pm - Link - Report abuse 0With a bit of luck and recurrence of his cancer, LULA will be dead by then.
@14 Brazzo
Oct 29th, 2014 - 07:24 pm - Link - Report abuse 0I'm glad to know you're sad....and hopefully Lula will be eating grass by the roots, long before 2018.
@15 Captain,
If the opposition doesn't keep close tabs on the PT in order to prevent them from trying to implement their 'Bolivarian' dream, or if the military doesn't get rid of them before, Brazil will most definitely be in the sh*t.....the only positive aspect of this, is that even those who today still believe in the lies of the PT, will have had enough...
On a positive note, Congress has just revoked Dilma's Decree-Law Nº 8.243, signed May 2014, without Congress' knowledge, and which, if it were to have gone into effect, would have in practical terms, limited Congress's power, transferring it to “Popular Councils”.....and we all know the implications of that...but just as well it's been revoked, a sign that the opposition has woken up, and dealt Dilma a blow to her and the PT's sick dream.
Wow Jack. I had not read about that decree. Well that is positive that congress revoked it.
Oct 29th, 2014 - 09:07 pm - Link - Report abuse 0Leadership by popularity is no leadership at all.
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