MercoPress. South Atlantic News Agency
Moody's downgrades Petrobras credit rating because of corruption scandal
Moody's Investors Service has downgraded the credit rating of Brazil's state-owned oil company Petrobras because of the widening kickback-corruption scandal affecting the country's largest corporation.The credit rating agency announced its decision late Thursday in a statement posted on its website. Read full article
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Disclaimer & comment rulesThese hoodlums may get away with their corruptions in Brazil but not in the USA. Dilma can whine all she wants but there's going to be a lot of high level Brazilians that will have to stay in SoAm for the rest of their lives or end up in a nice cozy USA jail.
Jan 31st, 2015 - 01:46 pm - Link - Report abuse 0I think we are seeing the end of PBR as a public company.
Watch Brazil blow though their reserves the next few years
and their largest city go without water for days on end
I think its hilarious.
The only country left standing is India...told ya. They will survive and grow, why you ask? Because they speak English.
That's cool! This Proves that no one cares about NoAm.
Jan 31st, 2015 - 02:53 pm - Link - Report abuse 0How so? How's the water in San Paulo? I hear its on only 2 days a week in most of the city.
Jan 31st, 2015 - 03:12 pm - Link - Report abuse 0That must make people smell nice
Maybe you're crazy because you're drinking polluted water...
@2. I'm with yb on this. I can't even see how you can make a connection to North America. Is brazil trying to match argieland for corruption and criminality? Isn't being the murder capital of the world enough? Looks like Lulu is going to be back in the frame. And the Workers' Party was a front. Who set it up? Lulu. Always knew he was bent.
Jan 31st, 2015 - 03:45 pm - Link - Report abuse 0What it proves is that the idiots in Brazil turn a blind eye to corrupt politicians and business.
Jan 31st, 2015 - 07:54 pm - Link - Report abuse 0@1 “The only country left standing is India...told ya. They will survive and grow, why you ask? Because they speak English.”
Jan 31st, 2015 - 07:57 pm - Link - Report abuse 0Yeah right, they are the superior master race because they speak English.
@6 MagnusMaster
Jan 31st, 2015 - 08:07 pm - Link - Report abuse 0No they are not the 'superior master race', but they are economically superior BECAUSE they speak English, AND because they love PRIVATE enterprise, CAPITALISM and they love making money.
And since English is the language of business they are already at a huge advantage by speaking it.
I think that is what Yankeeboy is alluding to.
Spanish and Portugese aren't that widely spoken, so businesses wishing to branch out internationally will either have to pay for interpreters or hire workers who can already speak English, the 1st is expensive and the 2nd cuts down on the pool of suitably qualified people which the company can employ.
6. You have a persecution complex, go see a psychologist.
Jan 31st, 2015 - 08:31 pm - Link - Report abuse 0Plus you're boring
You must be a joy to be around.
not
@7 Speaking English natively may give India an advantage but it is not a deal-breaker. I can't see why other countries cannot become successful because they do not speak English. Loving capitalism is probably more important, but that was not what yankeeboy was alluding to this time.
Jan 31st, 2015 - 10:38 pm - Link - Report abuse 0@9
Jan 31st, 2015 - 10:55 pm - Link - Report abuse 0“ I can't see why other countries...............” it is because “ ENGLISH ” is the business language, that's why.
9. Are you a grown person? Do you seriously not understand why a country can not be successful if it doesn't communicate in English? Come on!
Jan 31st, 2015 - 10:57 pm - Link - Report abuse 0Most of the world uses English as the language of business and contracts.
How could you possibly be successful using another language?
Even in Argentina if you don't know some English it is a sign you are poorly educated and from a lower class family.
9@
Jan 31st, 2015 - 11:03 pm - Link - Report abuse 0did you know that mandarin Chinese is the most populist spoken language in the world today,
But ? only if spoken in China,
outside this place, English is the worlds most spoken language,
Some of course like France, being seculant
has this habit of speaking only in French,
I could be wrong abt the French bit..lol.sorry.
@11 English is important but it is not the end-all-be-all, unless you work in business management or tourism. There are plenty of successful countries that don't speak English as a first language.
Feb 01st, 2015 - 01:42 am - Link - Report abuse 0Of course this is still the ugly side of globalization, which allows a global master race to impose its own language on the rest of the world, to prove their superiority. You do it all the time. Hopefully sooner than later someone teaches you not to denigrate other races.
As for the persecution complex, that is the inevitable result of being a member of a race which is being increasingly denigrate by the master race du jour. Anyway, the psychologists here in Argentina at least are all witch doctors. In Argentina those who can't do (and probably have quite a few mental diseases), get a psychology degree.
English is the world's first and last global language.
Feb 01st, 2015 - 02:09 am - Link - Report abuse 0No other language will replace it as a widespread language. They can only change English. English as a language is flexible and confident enough to easily absorb new words.
Space will be colonised by English. No by languages such as Portuguese, Chinese or others that have little geographical spread.
13. English is absolutely essential if you are in any sort of Int'l business. If you won a Choripan store on the roadside you're probably okay not to learn the business language of the world.
Feb 01st, 2015 - 02:09 am - Link - Report abuse 0But you'll never be more than a choripan seller.
You learned English for a reason and my bet it is to have access to the civilized world and to communicate with more intelligent people than you can find in your own country.
We speak Spanish in order to get a lemon instead of a lime and to get our pool cleaned.
See the difference.
“Moody's Investors Service has downgraded the credit rating of Brazil's state-owned oil company Petrobras”
Feb 01st, 2015 - 04:07 am - Link - Report abuse 0~ Well, that's been a long time coming. Many of us have been expecting this for some time.
“Authorities allege that firms bribed former Petrobras executives to win inflated contracts worth as much as 4 billion dollars, and that some of that money was then funneled back to the ruling Workers' Party campaign coffers and those of its allies.
The scheme is among Brazil's biggest corruption scandals ever.”
~more glorious Socialism in LatAm. One Elite gets replaced with another filthy, corrupt Elite. The only difference is that they make all those below them equal. Equal in poverty and abused. By making the majority impoverished and dependent on the State.
Behold the Glories of The Bolivarian Socialist Utopia!
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re: the above discussion on English - why is it taught in schools in Africa, Scandinavia, China, Japan etc?
Because like it or not, it has become the only game in town.
Quick example. I have a Venezuelan business contact in Merida, Vnzla. He is Syrian by heritage, speaks reasonable Spanish, but we do business in English but 'chat' in Spanish. When it is serious, we converse in English (for clarity) and do deals in English.
Live with it. Or forever be considered less than professional. There is no ' master race', this is how the modern world works.
“There is no ' master race', this is how the modern world works.”
Feb 01st, 2015 - 06:22 am - Link - Report abuse 0Bingo. ;)
16. It is impossible to write a binding contract in Spanish. I've tried and it always ended up in a fight in the end. When I made the Rgs use English we never had a problem.
Feb 01st, 2015 - 01:56 pm - Link - Report abuse 0I do not speak English, but I speak chineses/mandarim, German and Spanish
Feb 01st, 2015 - 03:13 pm - Link - Report abuse 0And Portuguese.
lololololol And then the Brasshole awoke from a deep sleep. Shifting her head from left to right, she slowly opened her eyes. She stared out into the empty room, with bared dingily bare walls........it then struck her, it was a dream.....a fucking dream. Then the anger started to over whelm her and the emotions started to overcome her mind like a slow building tsunami. The dream removed her from her dismal life in Sao Paulo, living a life she only lived while asleep. She arise out of her mat on the floor and made her way to the pot in the corner to relief herself from a long night's sleep. She wanted water but she knew she could not......She then realized being awake and in such misery, she will need to make her way to a computer and post on MP, where she thinks others are as dumb and foolish and she..........
Feb 01st, 2015 - 04:03 pm - Link - Report abuse 0@15 “You learned English for a reason and my bet it is to have access to the civilized world and to communicate with more intelligent people than you can find in your own country.
Feb 01st, 2015 - 04:58 pm - Link - Report abuse 0We speak Spanish in order to get a lemon instead of a lime and to get our pool cleaned.
See the difference.”
And why is that? Because you think you are the master-race, just like the Nazis, but more successful. That is exactly the reason why we (or some other race, but hopefully us) must dominate you in order to regain our dignity and status as human beings.
And it is not a surprise that you can't write a contact in Spanish when you only learned it to ask for a lemon instead of a lime.
@16 English, just like Greek, Latin and French in the past is widely spoken as a result of imperialism, and empires always think themselves as a master race. This is how the world works, and yes we have to live with it, but don't be fooled, it is a soft form of subjugation.
@1. Gosh you sound like Toby with your craziness.
Feb 01st, 2015 - 05:22 pm - Link - Report abuse 0BTW I hired Rg attorneys to write the contracts so it wasn't me.
Spanish is too gray of a language to have a valid contract. Its one of the reasons that the countries that use the language still are so far less developed than English Speaking countries.
How in the world do you think you could ever “dominate” the USA?
You're delusions are getting very scary.
You should seek immediate help.
@22 “How in the world do you think you could ever “dominate” the USA?”
Feb 01st, 2015 - 11:39 pm - Link - Report abuse 0Our top priority is to get our country back on track, then we'll see.
I have never heard anyone have trouble writing contracts in Spanish here. Not even from a foreigner.
http://en.mercopress.com/2015/01/31/moody-s-downgrades-petrobras-credit-rating-because-of-corruption-scandal#comment378226: The xenophobia of the WASP peasantry and their tea party (the party of fat, old, white men) political representatives. Are they in for a shock when they wake up.
Feb 02nd, 2015 - 02:18 am - Link - Report abuse 0The thing that the tea baggers fear most is the demographic change occurring in the US which will result in their demise as the largest population group of the population. This is why they cling so desperately to Europe and England. America terrifies them.
Maybe they could have another Hartford Convention and return to their 'home'. Bye bye tea baggers. Bye bye 'yankeeboy'
ALL my Argentine friends (and I have many now) speak excellent English because they spoke it as children in their homes.
Feb 02nd, 2015 - 11:22 am - Link - Report abuse 0And the reason? Their parents REALLY want them to get to the US and escape the shithole that is TDC.
Only later does it strike them that they also need an EDUCATION and a profession if they want ANY chance in the US.
It is no good trying to convince MM, he is on one of his rare ‘I know best’ trips. He’ll be back to normal soon.
Can anyone answer this question? Are there any laws in Latin America that target
Feb 02nd, 2015 - 02:17 pm - Link - Report abuse 01) LIBEL definition : Libel is writing something about another person that defames them ( blackens their character )
2) SLANDER definition : Slander is to say something about another person that defames them.
Do these laws exist in Argentina and if so why would the person “ defamed ” not take the perpertrator to court? I am sure that this would be easy to answer, but I suspect that the law in Argentina is somewhat different to rest of the civilised world.
23. That statement sounds very much like what Chavez and before him Castro said. Argentina is on the same path. I hope you like fighting in the streets over the last bag of beans.
Feb 02nd, 2015 - 02:31 pm - Link - Report abuse 0BTW I heard the going price to hire someone to stand in line at a queue to buy toilet paper in Caracas is u$50.
Hep, the more you post the more I know you've never been to the USA and the less you understand about my country.
@26 There used to be, but they were repealed by CFK, of all people.
Feb 02nd, 2015 - 03:24 pm - Link - Report abuse 0@2 brASSHOLE
Feb 02nd, 2015 - 04:49 pm - Link - Report abuse 0“That's cool! This Proves that no one cares about NoAm”
So you think it's “cool” to be in the shite ?? and how does Brazil, being in the shite, prove no one cares about North America ?? See, you can't write even ONE short sentence without crapping yourself.
@19 “I do not speak English, but I speak chineses/mandarim, German and Spanish And Portuguese”...
Stupid post...Nobody asked you anything.....But you're right about one thing - you cannot speak, or write English. Your Portuguese is not all that wonderful either..... And you are obviously lying about Chines(ES ?)/ MandariM (M ?), German, Spanish ....if you spoke ANY of those languages, it would mean you probably had 'some' type of an education, or that you were a travelled person, but by your posts, you show you have neither. Go back to sleep you nitwit.
@28
Feb 02nd, 2015 - 05:25 pm - Link - Report abuse 0I find that extraordinary, so you can slander and libel persons in Argentina with impunity and not get sued? No wonder nothing gets done as they are all slagging each other off and no repercussions, what a mess Argentina has become.
PBR is having a very hard time maintaining U$6/Share. The outlook doesn't look good and neither does the economy of Brazil.
Feb 02nd, 2015 - 05:42 pm - Link - Report abuse 0This corruption scandal would have brought down the gov't in a civilized country.
Alas Brazil if far from civilized.
I wonder how many reserves they'll blow through by June?
I have a feeling they're going to be on the same track as Russia soon.
Because its pretty hard to run a country when you major city doesn't have water.
@31yb
Feb 02nd, 2015 - 06:29 pm - Link - Report abuse 0As you say, situation not looking good (SNAFU).....but quite frankly, I'm rather interested in seeing the shit hit the fan, and the poor get regally f*cked....and am even willing to share in the sacrifice, if it means that the “people” will wake up and see the PT for the shit it is... if this is what it takes to get rid of the PT, so be it.
“You have a young, poor Latino population being ruled, governed and represented by an older, whiter, wealthier class. Something is wrong with our representative government, where those that represent us increasingly do not look like us. That is not a good recipe for a healthy society.” - Mike Madrid.
Feb 04th, 2015 - 02:21 am - Link - Report abuse 0This is what scares 'yankeeboy' because he understands that the dominance of his demographic is disappearing. So, who is he going to call in the future we he needs his pool cleaned? His congressman or congresswoman? I don't think so! Anyway, what pool.
Pools are a pain in the ass. That is why a lake house is better.
Feb 04th, 2015 - 01:13 pm - Link - Report abuse 0@33 Hippy,
Feb 04th, 2015 - 02:50 pm - Link - Report abuse 0Mike Madrid's statement is misleading.....his claim that :
“You have a young, poor Latino population being ruled, governed and represented by an older, whiter, wealthier class. Something is wrong with our representative government, where those that represent us increasingly do not look like us''....
So ? Just fyi, the Latinos in the US make up only 17-18% of the population.... Until they represent the majority of the voting population, they will not be able, with their vote alone, to replace the “older , whiter, wealthier class”....the fact that the people in power today, do not 'look like' poor Latinos, means nothing, and, at any given moment, the elected people in power are there because the majority wanted them there....And, in case you don't know, there are already several influential politicians of Latino origin ...all well integrated into the American way-of-life, and absolutely no threat to anyone, including the “older, whiter, wealthier class”.
No minority, alone, will elect any government. Or, are you thinking along the lines of, and supporting a take-over like “Hugo Chavez” did in VZ , because he “looked like” his constituents....and where did that get VZ ?
And last but not least :
Refer to your posting on “Raul Castro demands the return of Guantanamo”, re which you have still not told us why you claim :
“According to Congressman Ros-Lehtinen, “Naval Station Guantanamo Bay is strategically important for U.S. national security”, but this is not true”....
C'mon, we're all anxious to know what your inside information is....OR, are you, the same as the “brasileiro”, aka known as 'brasshole', incapable of backing your silly claims with facts ?
http://en.mercopress.com/2015/01/31/moody-s-downgrades-petrobras-credit-rating-because-of-corruption-scandal#comment378369: So, good news and bad news for you. Good news is that you possibly have some friends. Bad news is that they are all coming north. That will leave you alone, in a country which you do not like and in which nobody likes you. How sad you are - a balding, fat, tired, lonely old man. I wonder why you do not just pack up and move back home to become a balding, fat, tired, lonely old man there.
Feb 05th, 2015 - 03:34 am - Link - Report abuse 0Whether your Argentinian friends speak English or not is not relevant because that fact is that most people in the South American countries do not. Neither are they members of a self selected elite who can move north if they cannot get their way. Yet most people vote. This is the central problem that you and the other autocrats have with democracy.
36 Hippy
Feb 05th, 2015 - 09:57 pm - Link - Report abuse 0As usual, off topic....who was yr #36 directed to ?
And you still refuse to answer the question put to you about your claim that Guantamano Bay Naval Station is NOT strategically important to the US..
C'mon, we're all waiting...
http://en.mercopress.com/2015/01/31/moody-s-downgrades-petrobras-credit-rating-because-of-corruption-scandal#comment378657: Somehow the link was not attached. “Not backing Latino candidates in CA Senate race could hurt Democrats in 2016”: http://en.mercopress.com/2015/01/31/moody-s-downgrades-petrobras-credit-rating-because-of-corruption-scandal#comment378657:
Feb 06th, 2015 - 02:28 am - Link - Report abuse 0One would think that if the “latinos” were so populous and organized they'd be able to get a “latino” candidate elected.
Feb 06th, 2015 - 03:36 pm - Link - Report abuse 0Poor idiot Hep, seeing racists where note exist.
Must be a Democrat.
Dems will have a hard time corralling their vious minority groups together after the abysmal record of Odumbo. I think he's destroyed teh Dem brand ofr a generation like Carter and it will take 30+ yrs to fix the mess he's leaving the USA and the world in general.
@38 Hippy
Feb 06th, 2015 - 04:27 pm - Link - Report abuse 0Do you understand what you read ? or is it over your head ?
Still awaiting your justification to defend your claim that Guantanamo Bay Naval Station is not strategically important to the US...
And what about my #33....any comments ??
And last but not least, why do you always 'disown' your own remarks ?
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