Brazil's industrial production dropped in February after a momentary uptick at the beginning of the year, as factories and mines braced for what economists say could be the country's worst year in more than two decades. Read full article
I doubt PBR will make it as a listed public company for much longer. The USA lawsuits for fraud have just been filed.
Looking at the political and economic crisis in Brazil is like staring into a black hole. Its size is unknown. What’s inside there is a mystery, but it will surely stretch you limb from limb and might tear you apart. Because of the corruption scandal involving state owned oil giant Petrobras, two of the company’s construction partners, OAS and Galvão, both privately held, have filed for bankruptcy protection. One right after the other. OAS’ bonds are now completely trash, trading at about a 88% discount to par value. Even Ukraine debt is less risky. http://www.forbes.com/sites/kenrapoza/2015/04/01/brazil-is-going-to-hell-in-a-handbasket/
The past three months have seen the driest winter in 84 years in southeastern Brazil. Water shortages are now critical in São Paulo, home to twenty million people. The city’s primary reservoir is fluctuating between 6-13% of capacity, and officials are estimating São Paolo’s reserves will last a mere 90 days without additional rainfall. The rainy season, from December through February, is over, and sadly, recent flooding within the city has not raised main reservoir levels, which are located further inland. (1)
The primary reservoir at Cantareira feeding much of the metropolitan city is nearly bone-dry. People in São Paulo are resorting to deliveries from bicycle riders carrying jugs of water. Others are digging their private wells on their own land or even in basements, which can lead to contamination issues. Those who can afford it are hoarding water, and the more resourceful are using cisterns and building rainwater catchment systems. Local rivers are polluted due to sewage problems and cannot be used for drinking water. Some have simply fled the city, becoming 21st century “water refugees”. (
The driest period begins in April and runs through September, and the six reservoirs that supply the Greater São Paulo begin this period with 34% less water than the same day last year.
In 30 days two new reservoirs will be operating. In 160 days two new basins will be available for uptake of water.
The Federal Government and State Government are united in this cause. And neither you or your country will change our destiny.
Can you send me the links because there's nobody else saying that in the worldwide press.
Your destiny is the same as Venezuela if you keep electing Marxist Monkeys like Lula and Dilma.
It takes longer to destroy because you're bigger
but the rot is there you'll start to smell it soon enough
Ask your new masters for permission for water........are you still hoarding all that water in your basement? I bet being a rotating troll in this name, you have no clue what I am talking about. Ask one of your predecessors using your name.....lol
@3 BrasileiroBurro
why can't you get into your thick skull that no-one is attacking Petrobrás....no-one wants Petrobrás to fail. Brazil needs Petrobras...BUT, under a serious, competent management, not under fatty D and all the other PT and PMDB appointed directors.......I presume I don't need to tell you that the corruption scandal has put PB back 10 years...if it had not been manipulated for political interests, it would be doing just fine, like most of the oil companies around the world.
@8 BrasileiroBurro
It is obvius you have been brainwashed to hate Europe and the USA, and therefore you don't want to be dependent on them in any way......but what is your logic when you seem quite happy to be dominated by the chinese...I've worked with Europeans, Americans, and the Chinese...believe me, the Chinese are not nice masters...but I suppose you don't want anyone's advice, so you've got to learn the hard way.....hope you enjoy getting shafted.
@12&15 BrasileiroBurro
Sure, Brazil has plenty of water....but not in the right places, not where it is needed. Despite the projects being carried out jointly by the Federal and the São Paulo governments, which will no doubt reduce the problem, we are still dependent on rainfall in the right places, otherwise the reservoirs will not fill up, and no water for the population..........that's when the shit will really hit the fan ! wake up you turd !
My Chinese friend said that he will never be pleasing to the West. He is passionate about the Brazil and he will do everything so that our peoples and governments have excellent relations.
15. That post says the dams will be ready in 4 years.
You keep confirming to us how stupid you are.
Good luck in Sept when there's no water in your largest city.
@17 Brasshole,
So your Chinese friend has the power to guarantee that our peoples and governments will have excellent relations......I'm sure...you on all fours getting reamed by a Chink.....good luck with that.
@19 you don't want to reveal any secrets”........what secrets ? we already know all we need to - that you are an ignorant petista....the rest is highly insignificant and irrelevant .
Brasileiro, I feel so sorry for you, because you haven't got the brains to understand that no matter how many reservoirs you build and how soon they are ready to use: if there is no rain there will be no water to fill the reservoirs.
Comments
Disclaimer & comment rulesBrazil's growth mirage has dissipated.
Apr 02nd, 2015 - 10:22 am - Link - Report abuse 0@ 1 Skip
Apr 02nd, 2015 - 11:50 am - Link - Report abuse 0I prefer the old chestnut: they though they had a light at the end of the tunnel but it turned out to be a train on the same track!
Brazil seem hell bent on getting to the train wreck sooner rather than later.
hahaha
Apr 02nd, 2015 - 11:57 am - Link - Report abuse 0http://www.valor.com.br/empresas/3988916/acoes-da-petrobras-sobem-5-apos-financiamento-de-banco-da-china
http://www.valor.com.br/empresas/3988916/acoes-da-petrobras-sobem-5-apos-financiamento-de-banco-da-china
http://www.valor.com.br/empresas/3988916/acoes-da-petrobras-sobem-5-apos-financiamento-de-banco-da-china
http://www.valor.com.br/empresas/3988916/acoes-da-petrobras-sobem-5-apos-financiamento-de-banco-da-china
South America must remain united on the way to the East.
@3
Apr 02nd, 2015 - 01:02 pm - Link - Report abuse 0All the above is for internal consumption. ( as in we will tell them anything, don't you realise they are telling you what you want to believe )
I doubt PBR will make it as a listed public company for much longer. The USA lawsuits for fraud have just been filed.
Apr 02nd, 2015 - 01:39 pm - Link - Report abuse 0Looking at the political and economic crisis in Brazil is like staring into a black hole. Its size is unknown. What’s inside there is a mystery, but it will surely stretch you limb from limb and might tear you apart. Because of the corruption scandal involving state owned oil giant Petrobras, two of the company’s construction partners, OAS and Galvão, both privately held, have filed for bankruptcy protection. One right after the other. OAS’ bonds are now completely trash, trading at about a 88% discount to par value. Even Ukraine debt is less risky.
http://www.forbes.com/sites/kenrapoza/2015/04/01/brazil-is-going-to-hell-in-a-handbasket/
@5
Apr 02nd, 2015 - 04:05 pm - Link - Report abuse 0You should have done this since 1900. In fact, take the opportunity to economically punish Brazil.
Brasshole how is the Olympic Park going? Will you have water to serve to the athletes? Will the stadiums collapse?
Apr 02nd, 2015 - 06:29 pm - Link - Report abuse 0Do not worry, Cap Poop. If we need something we will advise.....to Chinese!
Apr 02nd, 2015 - 07:51 pm - Link - Report abuse 0hahaha
The Chinese can't solve your water issue in time.
Apr 02nd, 2015 - 09:01 pm - Link - Report abuse 0The past three months have seen the driest winter in 84 years in southeastern Brazil. Water shortages are now critical in São Paulo, home to twenty million people. The city’s primary reservoir is fluctuating between 6-13% of capacity, and officials are estimating São Paolo’s reserves will last a mere 90 days without additional rainfall. The rainy season, from December through February, is over, and sadly, recent flooding within the city has not raised main reservoir levels, which are located further inland. (1)
The primary reservoir at Cantareira feeding much of the metropolitan city is nearly bone-dry. People in São Paulo are resorting to deliveries from bicycle riders carrying jugs of water. Others are digging their private wells on their own land or even in basements, which can lead to contamination issues. Those who can afford it are hoarding water, and the more resourceful are using cisterns and building rainwater catchment systems. Local rivers are polluted due to sewage problems and cannot be used for drinking water. Some have simply fled the city, becoming 21st century “water refugees”. (
@ 9
Apr 02nd, 2015 - 09:12 pm - Link - Report abuse 0You are misinformed.
http://g1.globo.com/sao-paulo/noticia/2015/04/nivel-do-sistema-cantareira-sobe-em-inicio-de-mes-seco.html
Water is no problem in Brazil!
From the web site you just posted:
Apr 02nd, 2015 - 09:24 pm - Link - Report abuse 0The driest period begins in April and runs through September, and the six reservoirs that supply the Greater São Paulo begin this period with 34% less water than the same day last year.
You're so stupid it hurts.
In 30 days two new reservoirs will be operating. In 160 days two new basins will be available for uptake of water.
Apr 02nd, 2015 - 09:35 pm - Link - Report abuse 0The Federal Government and State Government are united in this cause. And neither you or your country will change our destiny.
As I said before, we have water to spare!
Can you send me the links because there's nobody else saying that in the worldwide press.
Apr 02nd, 2015 - 09:40 pm - Link - Report abuse 0Your destiny is the same as Venezuela if you keep electing Marxist Monkeys like Lula and Dilma.
It takes longer to destroy because you're bigger
but the rot is there you'll start to smell it soon enough
#8 Brasshole it's good that you mind your new masters. When fuck them over......your shit will get very flaky.
Apr 02nd, 2015 - 09:50 pm - Link - Report abuse 0http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
http://www.theguardian.com/global-development-professionals-network/2015/feb/11/brazil-drought-ngo-alliance-50-ngos-saving-water-collapse
Ask your new masters for permission for water........are you still hoarding all that water in your basement? I bet being a rotating troll in this name, you have no clue what I am talking about. Ask one of your predecessors using your name.....lol
http://www.estadao.com.br/noticias/geral,sp-vai-construir-dois-reservatorios-de-apoio-ao-sistema-cantareira,1129216
Apr 02nd, 2015 - 09:56 pm - Link - Report abuse 0In 30 days will be ready. From now.
@3 BrasileiroBurro
Apr 02nd, 2015 - 10:46 pm - Link - Report abuse 0why can't you get into your thick skull that no-one is attacking Petrobrás....no-one wants Petrobrás to fail. Brazil needs Petrobras...BUT, under a serious, competent management, not under fatty D and all the other PT and PMDB appointed directors.......I presume I don't need to tell you that the corruption scandal has put PB back 10 years...if it had not been manipulated for political interests, it would be doing just fine, like most of the oil companies around the world.
@8 BrasileiroBurro
It is obvius you have been brainwashed to hate Europe and the USA, and therefore you don't want to be dependent on them in any way......but what is your logic when you seem quite happy to be dominated by the chinese...I've worked with Europeans, Americans, and the Chinese...believe me, the Chinese are not nice masters...but I suppose you don't want anyone's advice, so you've got to learn the hard way.....hope you enjoy getting shafted.
@12&15 BrasileiroBurro
Sure, Brazil has plenty of water....but not in the right places, not where it is needed. Despite the projects being carried out jointly by the Federal and the São Paulo governments, which will no doubt reduce the problem, we are still dependent on rainfall in the right places, otherwise the reservoirs will not fill up, and no water for the population..........that's when the shit will really hit the fan ! wake up you turd !
My Chinese friend said that he will never be pleasing to the West. He is passionate about the Brazil and he will do everything so that our peoples and governments have excellent relations.
Apr 02nd, 2015 - 11:14 pm - Link - Report abuse 0I really think the Chinese do not like you.
As the Turks!
As the Germans and Austrians!
As the Spaniards!
As the Russians!
SOUTH AMERICA TOO!
Go Home North-Americans!!
15. That post says the dams will be ready in 4 years.
Apr 02nd, 2015 - 11:32 pm - Link - Report abuse 0You keep confirming to us how stupid you are.
Good luck in Sept when there's no water in your largest city.
I do not want to reveal any secrets. But the world conspires against you 5 eyes.
Apr 02nd, 2015 - 11:40 pm - Link - Report abuse 0If China and the BRICS are so powerful and besties of Brazil, then why is Brazil crashing right in front of our eyes?
Apr 03rd, 2015 - 03:36 am - Link - Report abuse 0Where's the help?
Where's the solidarity?
Where's the high profile visits by BRICS officials?
Where's the love?
Brazil needs more than words.
@17 Brasshole,
Apr 03rd, 2015 - 07:24 pm - Link - Report abuse 0So your Chinese friend has the power to guarantee that our peoples and governments will have excellent relations......I'm sure...you on all fours getting reamed by a Chink.....good luck with that.
@19 you don't want to reveal any secrets”........what secrets ? we already know all we need to - that you are an ignorant petista....the rest is highly insignificant and irrelevant .
Brasileiro, I feel so sorry for you, because you haven't got the brains to understand that no matter how many reservoirs you build and how soon they are ready to use: if there is no rain there will be no water to fill the reservoirs.
Apr 04th, 2015 - 03:35 am - Link - Report abuse 0Why is it so difficult to comprehend?
@22Don Alberto,
Apr 04th, 2015 - 10:02 pm - Link - Report abuse 0He has been brainwashed to believe whatever Lula, now Dilma, says. If Dilma says there is no lack of water, it must be true....
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