MercoPress. South Atlantic News Agency
Rousseff orders ministries to cut spending by a third
Brazilian President Dilma Rousseff has instructed a budget cut which affects 39 ministries, reducing their funds by a third, in order to save a figure estimated at 703 million dollars per month. Read full article
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Disclaimer & comment rulesWatch the coalition of socialist idiot parties squeal about this, the knives will be out as they stab each other in the back.
Jan 11th, 2015 - 06:07 pm - Link - Report abuse 0'Brazil and Russia’s membership of the BRICs may expire by the end of this decade if they fail to revive their flagging economies, according to Jim O’Neill, the former Goldman Sachs Group Inc. chief economist who coined the acronym.
Jan 11th, 2015 - 07:17 pm - Link - Report abuse 0Asked if he would still group Brazil, Russia, India and China together as emerging market powerhouses as he did in 2001, O’Neill said in an e-mail “I might be tempted to call it just ’IC’ or if the next three years are the same as the last for Brazil and Russia I might in 2019!!” '
Seems Brazil's time as economic juggernaut has, as usual, failed to translate into anything long term.
Especially as it, together with China and Russia, starts to suffer negative population growth much much sooner than its economic model can handle.
@2 Will you have to see us in hell is great, my buddy. You guys are great speculators and this is making a lot of water in your boat.
Jan 12th, 2015 - 10:18 am - Link - Report abuse 0Anyway even if Brazil and South America became the world's Bangladesh, West you will no longer have our friendship and where possible undermining your interests, we will.
Speaky da ingles Brazzo???????? Stop using Google translate because as usual your rants are incomprehensible
Jan 12th, 2015 - 03:58 pm - Link - Report abuse 0@3 brazidiot
Jan 12th, 2015 - 04:33 pm - Link - Report abuse 0WTF ?? “Will you have to see us in hell is great, my buddy. You guys are great speculators and this is making a lot of water in your boat”....
It was good having a rest from this idiot for a while...but f*ckin' laughable ....what's this twit got in his head ? Don't bother answering, we already know ! starts with 's' and ends with 't'...
I tinki yiu mayki mucho water in yo panties, a.hole !
I call to all South Americans to boycott products that originate in North American or European companies. South America must be free of Western influence!
Jan 12th, 2015 - 07:37 pm - Link - Report abuse 0And now, Jack Bosta, do you understand what I wrote?
hahaha “você é um bundão”
Hey Brazzo, Venezuelans and Argentinians are already boycotting!!!! They have got rid of all their tampons and toilet paper, now they have to touch their nether regions with their left hand and eat with their right, I'm sure when you start you'll get confused and get shit on your face.
Jan 12th, 2015 - 09:46 pm - Link - Report abuse 0Stop writing crap and have a serious discussion instead of your crazy ideas. Then others may take you a little more seriously.
@6 Brazidiot,
Jan 12th, 2015 - 09:59 pm - Link - Report abuse 0even though you write shite, it's easy to know how your tiny brain works.
Well, if any South Americans were to take any notice of your absurd ideas, they should get ready to go back to the middle ages.....tell me, you moron, what is there in Brazil that is legitimately Brazilian, and does not have it's roots in either Europe or the USA ? one of the very few good things that come to mind is “cachaça”, and other things , no where near as good, are idiots like you. Everything else came from a broad....for starters, what about the automotive industry ...getting ready to ride to work on your 'jegue' (donkey) - probably smarter than you are - over the beaten earth roads ? What about industrial machinery and everything it manufactures or produces ?? What about medical research and medicines.....you and your friends probably depend on the HIV cocktail....because your tail saw too much cock. You name it, and then be prepared to give it up. What a pathetic little turd you are...
hahaha “você é um viadão”.
Just back at GRU this weekend from the US.
Jan 12th, 2015 - 10:51 pm - Link - Report abuse 0What do I find ?
Price increases, which somehow justifies the Occupy South movement known as “ Bloco Negro ” to crawl out of the dumpsters and go out trashing anything again.
A new GRU terminal 3, featuring the decidedly non-gourmet restaurant chain of “ The Olive Gardens ” and co-owned “ The Red Lobster ” as a centerpiece.
This in one of LATAM's most well know cities for good restaurants. Shameful.
( I'll stick to the humble Café Balon in terminal 1, thank you )
And finally as the title of this article, a mandated 33 % reduction in ministerial expenditures.
Apparently the huge loss of kickbacks and graft from the Petrobras scandal is severely hurting at the highest governmental levels.
I'm waiting for President Dilma to sell the olde limo and start driving an old but thrifty Fusca (VW) around like Pepe does, but don't bet on it.
I arrived to Terminal 3 on Saturday night in a flash TAM 767, but you get out to the waiting bus to take you to the actual terminal, haven't they got enough docking ports still???
Jan 13th, 2015 - 02:21 am - Link - Report abuse 0OK Baggage area is good, a big area. But the duty free is a traffic jam of people walking into each other as they go back and forth from the cashiers, it was a dogs breakfast.
Brazil seems to do things by half........OK but not world class
“I call to all South Americans to boycott products that originate in North American or European companies. South America must be free of Western influence!”
Jan 13th, 2015 - 03:02 am - Link - Report abuse 0Brasileiro is full of more shit than a colostomy bag.
More bad news:
http://www.bcb.gov.br/pec/GCI/PORT/readout/R20150109.pdf
Gross domestic product is seen expanding by just 0.4 per cent, down from 0.5 per cent expected last week and about 0.7 per cent a month ago.
I have no fear that Brazil will undermine anyone's interests other than its own.
Brazil just refuses to reform and SPECULATES when the market goes its own way. But that never lasts long.
Australia has 12% of Brazil's population and yet an economy that is 70% the size.
Brazil's population could peak in as little as 15 years and then only at maybe 6 million more people than now. Indeed low variant projections have it shedding 65% of its population by 2100. (Australia will have the same size population in 2100 as now in 2015.
How Brazil will be capable of frustrating anyone's interests when dealing with no sustainable growth plan and an impending shrinking population is so beyond Brasileiro's limited IQ.
Only have to read about their closed economy and realize they are spiraling down a toilet by doing so....
Jan 13th, 2015 - 06:09 am - Link - Report abuse 0http://www.businessinsider.com/why-brazil-is-a-surprisingly-closed-economy-2015-1
Great article.
Jan 13th, 2015 - 03:12 pm - Link - Report abuse 0Brasileiro is way too stupid to understand the logic. Instead blaming the west instead of looking too closely at his own actions in perpetuating an economic system that fails to promote and entrench long term economic growth and success.
@11 Skip,
Jan 13th, 2015 - 09:18 pm - Link - Report abuse 0The link showing the Brazilian Central Bank's inflationary forecast for 2015/16, not at all encouraging......If you sent it in the hope that it would make the Brazidiot realize what an ignorANUS he is, you've wasted your time...it's way beyond his comprehension.
@12 Tik Tok
Brazil has always, as far as I can remember, been a victim of short-sighted Governments ; Fernando Collor - although he screwed up and was ousted into the 2nd year of his term (1990-1992) - was an exception, in that he gave Brazil a jolt towards reducing protectionism and allowing it to start to 'catch up' with the civilized world. One thing behind the country's historical penchant towards protectionism, used to be the the strong lobby by the Brazilian industrial sector, which believed it could 'reserve' the domestic market for itself, no matter the internal cost....this, plus other obstacles, such as mountains of red tape and difficulty in doing business, an obsolete infrastructure, translates into the infamous “custo Brasil” (cost of doing biz in Brazil), which makes exporting difficult due to the lack of competitiveness ; makes imports expensive due to heavy taxation...
A blessing in disguise when Lula took over in 2003, was the fact that the PT had no programme, and the only option was to continue along the same lines as set by FHC. By 2007, the PT's policies were already undoing the good that FHC had left behind, and today we see the result. For Dilma and the PT, it's all about politics and corruption, so it's no surprise that foreign trade plays such a small part in the GDP.
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