MercoPress. South Atlantic News Agency
Brazil's nominal budget deficit far worse than expected, 6.7% of GDP
Brazil's federal, state and local governments ended 2014 with a cumulative primary budget deficit equivalent to 12.51 billion dollars putting public finances in the red for the first time since the current reporting methodology was adopted in 2001, the Central Bank announced. Read full article
Comments
Disclaimer & comment rulesIn recession and have a budget deficit already.... before starting counter-cyclical spending.
Feb 03rd, 2015 - 08:08 am - Link - Report abuse 0Well they cannot blame the previous administration.
Feb 03rd, 2015 - 08:52 am - Link - Report abuse 0But it is bound to be someone else's fault.
We all know who Argentina would blame.
So DumbAss Dilma, having trusted The Liar Mantega, now finds the numbers are a whopping USD 16.5 Bn adrift.
Feb 03rd, 2015 - 10:29 am - Link - Report abuse 0What's next, DEMANDING a seat on the Security Council as befits their “First World” status?
Utterley risible.
yeah watch them try to spend their way out of this mess. The bonds will drop like a rock as they blow through their reserves.
Feb 03rd, 2015 - 12:35 pm - Link - Report abuse 0Told ya...
Marxist Monkeys will make this problem into a crisis
watch and see
I guess we are going to see Dilma stretching a Yat-sen suit over her ample frame and catching numerous flights to Beijing to sell Brazil's soul to the devil too.
Feb 03rd, 2015 - 01:05 pm - Link - Report abuse 0I was thinking..how can Mantega lie and defraud like Kiciloff and be Catholic??....then comes Levy. The team is complete for destruction.
Feb 03rd, 2015 - 03:40 pm - Link - Report abuse 0Britworker
Feb 03rd, 2015 - 04:49 pm - Link - Report abuse 0Bahahaha. She can plane-pool with the other two beggars that are clocking up their frequent flyer points.
The one bright spot of Brazil being agriculture however because commodities have dropped, and lower production in many areas because of drought, farmers are now saving their pennies, so not much investment happening now in that interesting.
Feb 03rd, 2015 - 06:04 pm - Link - Report abuse 0It's spiralling down right across Brazil.
Thanks Lula and Dilma, you've been absolutely brilliant in fucking things up.
The plane took off.
Feb 03rd, 2015 - 06:36 pm - Link - Report abuse 0https://www.youtube.com/watch?v=z9PyzEbU8AI
Congratulations Embraer!
Congratulations South America!
@ 9 Brasso
Feb 03rd, 2015 - 06:44 pm - Link - Report abuse 0How many FIRM orders have they got for it?
Apart from the 28 for the Brazilian Air Force, NONE, I suspect.
These are the buying intentions ...
Feb 03rd, 2015 - 07:28 pm - Link - Report abuse 0Brasil - 30 aeronaves (somados os 2 protótipos).6
Colômbia - 12 aeronaves (intenção de compra)
Suécia - 08 a 12 aeronaves (intenção de compra)
Portugal - 06 aeronaves (intenção de compra)
Chile - 06 aeronaves (intenção de compra)
Argentina - 06 aeronaves (intenção de compra)
República Checa - 02 aeronaves (intenção de compra)
http://pt.wikipedia.org/wiki/Embraer_KC-390
Not so long ago Brazil was a rising star with great ambitions,
Feb 03rd, 2015 - 11:14 pm - Link - Report abuse 0She wanted to play with the adults [if one can referrer them as ]
And today, she is heading down the argy road to oblivion,
One has to ask What Happened ??
And who is to blame..
The Brazil does not play with anything. Brazil does not want to be a star! We leave this to the “master race”.
Feb 03rd, 2015 - 11:28 pm - Link - Report abuse 0Only we do not want to trade or have any other connection with the Western!
United States and Western Europe are invisible to us. And they will remain so for many centuries yet.
Brasshole - all Brazil ever wants to be is more important (especially in political terms). You are a sad creature who have signed up to the socialist propaganda machine. Without the world you, your family, your Brazilian people will shrivel up. This is happening in Brazil and across many other South American countries. Your perspective projects the idea that other countries do better and succeed so they must be the enemy - crap argument from your simple mind. If you actually got off your behinds and take some responsibility, stop blaming others then perhaps you'd give yourself a chance.
Feb 04th, 2015 - 12:04 am - Link - Report abuse 013. What days have running water in San Paulo?
Feb 04th, 2015 - 12:06 am - Link - Report abuse 02/5 they say but there are 7 days in the week so....
#15 Yankeeboy still can get water 7 days a week presently but getting ready for the time when I have to put a pot out the window and try and catch water from a passing shower...
Feb 04th, 2015 - 12:31 am - Link - Report abuse 016. Yeah probably not for very much longer. They're in tough shape and no easy solution to fix it.
Feb 04th, 2015 - 01:17 am - Link - Report abuse 0Good luck!
Really you do things well done. Manipulation, espionage, speculation, sabotage, sanctions and wars.
Feb 04th, 2015 - 10:10 am - Link - Report abuse 0United States and Western Europe are no examples at all.
Poor humanity that made a “master race” like you!
https://www.youtube.com/watch?v=D2IXSC-jWaA
Anyone else find it odd how so many of the SoAm trolls start using the same phraseology at the same time?
Feb 04th, 2015 - 12:20 pm - Link - Report abuse 018. Why do you post videos of Brazilian “technology” that's outdated by the civilized world? Is the whole industry 10yrs behind us?
I hope you remember be telling you that Brazil was just steps behind Argentina in its next crash. You're catching up quickly thought thanks to PBR.
@ 11 Brasso
Feb 04th, 2015 - 04:21 pm - Link - Report abuse 0FIRM oders are actual contractual obligations to BUY the thing.
Intentions are NOTHING.
So NO FIRM orders then.
@ 12 CryingR
Feb 04th, 2015 - 04:58 pm - Link - Report abuse 0The aircraft was not yet certified (still in testing phase). Therefore, there is no way to have firm purchase options.
Maria Foster has resigned from her position as CEO of Petrobras.
Feb 04th, 2015 - 05:08 pm - Link - Report abuse 0Like President Dilma, she too claimed no knowledge any of the Petrobras corruption, now believed to be well in excess of R$ 54 Billion.
The market surged a little yesterday over the news, and will no doubt again, as more heads will continue to fall.
hmmm...
Feb 04th, 2015 - 06:44 pm - Link - Report abuse 011 Brasileiro
”Suécia - 08 a 12 aeronaves (intenção de compra)
Portugal - 06 aeronaves (intenção de compra)
República Checa - 02 aeronaves (intenção de compra)“
13 Brasileiro
”Only we do not want to trade or have any other connection with the Western!
United States and Western Europe are invisible to us. And they will remain so for many centuries yet.”
Something doesn't add up in those two statements. Just like your governments sums....
@ 12 Brasso
Feb 04th, 2015 - 07:08 pm - Link - Report abuse 0”The aircraft was not yet certified (still in testing phase). Therefore, there is no way to have firm purchase options.”
REALLY!
Embraer are screwed then, oh dear.
You DON'T NEED it certifying to take firm orders you ninny.
You DO need it certifying before you can FLY it. It is already 'certified' to test fly, it just does not have FINAL certification yet allowing it to fly in open airspace worldwide.
OR are you saying it's that piss poor it will NEVER get final certification?
How did you come up with that one, did the PT tell you?
I can believe that, they are so dumb, like you.
Does a day pass when Brasso is not proved to be an idiot on this site?
Feb 05th, 2015 - 01:45 am - Link - Report abuse 0Commenting for this story is now closed.
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