MercoPress, en Español

Montevideo, November 3rd 2024 - 01:27 UTC

 

 

Rousseff names another market-friendly minister to her new cabinet

Tuesday, December 2nd 2014 - 06:01 UTC
Full article 4 comments

Brazilian President Dilma Rousseff has named business leader Armando Monteiro to head the industry and trade ministry in a new sign of more market-friendly policies as she tries to restore investor confidence and reignite economic growth. Read full article

Comments

Disclaimer & comment rules
  • macsilvinho

    First steps: stop sending money to Cuba and forgiving “friendly” countries debts, fighting widespread corruption and government spending. Dilma must stay at 3 or 4 star hotels and take less people along her international trips, forget that communism might do any good to Brazil's economy: Venezuela is not an example.

    Dec 02nd, 2014 - 11:22 am - Link - Report abuse 0
  • Jack Bauer

    Besides all the above, fat 'D' should downsize the Federal Government, close down useless Ministries, cut absurd salaries and benefits of high-ranking public employees and politicians, and steer Brazil away from the ideology of the hard-core Petistas, which is to turn Brazil into a continental-sized Cuba, with them reigning absolute.

    Dec 02nd, 2014 - 04:05 pm - Link - Report abuse 0
  • ilsen

    hmm... I wonder if this is just 'window-dressing' or has she realised that 'her way' simply doesn't work?
    We shall wait and see...

    Dec 03rd, 2014 - 12:56 am - Link - Report abuse 0
  • Jack Bauer

    @3 Ilsen,
    Despite all her rhetoric, and the pressure from her party (PT) to carry on in the same disastrous direction, although she is no genius, she is no idiot either....she knows damned well that if she doesn't make some radical changes, she will run the ountry into the ground.
    Just another example of the Federal Governments dirty manoeuvres : There is a law called the Law of Fiscal Responsibility, which mandates that every government, Federal, State or Municipal, only spend what they collect in tax revenue , with enough left over to pay interest on the public debt...or 'the primary superavit”. It doesn't even 'oblige' the government to 'invest' in the country....anyway, instead of reaching the primary superavit budgeted for 2014 (R$ 116 billion), they have ended up with a negative result (spent more than the tax revenues) of some R$ 20 billion...or about R$ 136 billion short....So, what does the government do ? they isue a new law, saying it's ok to not reach the budgeted savings, in fact now a massive loss, and everything is OK..... Thank God that the opposition is fighting this in Congress, to reject this dirty manoeuvering , and have taken the case to the High-Court to declare it illegal....let's see what happens...

    Dec 03rd, 2014 - 02:08 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!