MercoPress. South Atlantic News Agency
Brazil's fiscal consolidation insufficient to deal with debt levels, says Moody's
Brazil's debt levels will continue to increase through 2016 and remain high despite the government's fiscal consolidation efforts, potentially weakening the sovereign's credit profile, says Moody's Investors Service. Read full article
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Disclaimer & comment rulesThe analyzes of the rating agencies are always directed to support the speculative capital, so we do not believe in them.
Jun 04th, 2015 - 09:31 am - Link - Report abuse 0Petrobras has not investment grade and sold securities maturing in 100 years with interest of 8.45% pa.
Brazil has the worst investment grade level and continue to be one of four countries in the world that receive the most FDI.
The discredited in the West is even a fact. No one cares about what these guys talk. Capitalism the way we know it is on its last legs.
https://www.youtube.com/watch?v=xWPe6THbzuQ
Who on earth would have the confidence to invest in anything controlled by the Brazilian government? Lula, Dilma and their band of thieves in the Worker's Party have systematically looted the state treasuries (including the profits in Petrobras) and at the same time have proclaimed themselves the protectors of the poor... “Brazil is the country of the future, and always will be...”
Jun 04th, 2015 - 09:46 am - Link - Report abuse 0“Who on earth would have the confidence to invest in anything controlled by the Brazilian government?”
Jun 04th, 2015 - 09:58 am - Link - Report abuse 0So please explain to me why the Brazil is the world's fourth FDI receiver?
Chile is an insignificant country and always will be! Unless they invade Argentina!
Chile is a small country, with limited natural resources with only 17 million people. Brazil is quite the opposite. China is currently loansharking billions into your economy.
Jun 04th, 2015 - 10:26 am - Link - Report abuse 0Like Dilma in Brazil, Bachelet is seeking to make Chile a socialist paradise and it no no secret that to a large extent she endorses many of the same bad ideas from Allende's philosophy for social equality.
Many fear that there is little doubt that if her administration gets away with its project, Chile will cease to be a role model for Latin America. “It remains to be seen whether those who want to preserve the path of progress followed by Chile” in the last decades will be able to save the country from going back to the early 1970's. For the time being, the future looks pretty grim for new substantial foreign investment.
By the way, no one wants to invade Argentina right now as China owns the mortgage.
You keep betting on the survival of speculative capitalism led by the US and its cronies.
Jun 04th, 2015 - 10:41 am - Link - Report abuse 0The rampant greed and laziness to work and produce have killed the West. Only left over tears and homesickness of people like you.
Good thing Chile has Bachelet.
Enjoying your recession Brasileiro?
Jun 04th, 2015 - 11:32 am - Link - Report abuse 0Everything is a bargain now for the west to buy up with FDI. Yum yum yum here we come buying your farms and businesses. Soooooo cheap. Gotta love that exchange rate.
Which western company do you hope to work for?
#6 Skip
Jun 04th, 2015 - 11:48 am - Link - Report abuse 0The poor boy doesn't realize that Dilma has “sold him down the river with the other slaves”... Getting loan sharked by the Chinese is going to be a rude awakening in about a decade for her blind followers...
#5
Brazil, controlled by Socialist Worker's Party corrupt politicians, is beset by the the highest incidence of debt bondage—the landless are locked into lives of virtual slavery. Rampant rural poverty and limited job opportunities allow your Brazilian slaveholders to prey on the desperate, especially the children. According to UNICEF, only Haiti and Nicaragua have worse statistics.
Skip,
Jun 04th, 2015 - 11:52 am - Link - Report abuse 0Has not yet reached that such a recession here. My father and mother are still producing and doing business as usual. Some talk of recession in civil costruction, but I do not know this segment.
Brazil is panicked about losing investment grade for their bonds. They'll lose it no matter what they do. They can't decrease spending enough to make up for the huge recession that will probably turn into a depression.
Jun 04th, 2015 - 03:26 pm - Link - Report abuse 0The PBR scandal isn't over yet.
There's way more to come
Most likely they'll have to go into bankruptcy.
Brazil doesn't have the U$ or credit to take on their debt which is the highest in the world for a “private” company.
Nothing can save it
As I said Marxists will always go back to type.
They're gonna sink this country if the people don't get them out now.
and on top off all of that:
An engineer for Sao Paulo state’s water company said that “scenes from the end of the world” would ensue if the city ran out of water. The drought in the Brazilian metropolis of Sao Paulo has become so severe that local authorities are considering bringing in military personnel to cope with the possible social chaos. With over 11 million residents, Sao Paulo is Brazil's most populous city and the country's economic center. But senior officials at Sao Paulo's water facility said residents might soon be evacuated because there is not enough water, to bathe or to clean homes.
This content was originally published by teleSUR at the following address:
http://www.telesurtv.net/english/news/Military-Could-Step-in-Over-Brazil-Drought-Chaos-20150506-0040.html. If you intend to use it, please cite the source and provide a link to the original article. www.teleSURtv.net/english
:)
@8 “My father and mother are still producing …..” Oh, well, that's O.K. then. Brazil must be just fine if your Mummy and Daddy are still feeding you.
Jun 04th, 2015 - 03:37 pm - Link - Report abuse 0#9 YB
Jun 04th, 2015 - 04:38 pm - Link - Report abuse 0Brazil's problem has a lot of financial experts here in Chile very worried. Although we've diversified our non-copper related trade, the economic health of both Brazil and Argentina have marginal effect of our national economy which is already severely affected by our President's disastrous tax reforms that have discouraged new foreign investment. The decline in copper demand, of course is a major blow to our economy.
Thankfully, our government has a balanced budget and a 15 billion “emergency fund” in reserve. If the Greek crisis sets off a major recession in the EU, there could be a world wide recession.
Argentina would be hammered as a consequence.
flocks of useless discussing politics and economics, but nobody of the minimum for opnion of you ... idiots must live in MercoPress talking nonsense or redtube filling the hand of callus ... get out of the front of the PC and vain search for the woman ... bunch of idiots virgin 40 years ... hahahahahahahahahahaha
Jun 04th, 2015 - 05:07 pm - Link - Report abuse 0yankeegay:you should care about the public debt of the United States and not with Brazil ...
skyp: I will not argue with the 51 state American hahahahahahahahaha...
“adios”...
Juliano, do you have permission to play on your parent's home computer?
Jun 04th, 2015 - 06:03 pm - Link - Report abuse 0YES, it's all going swimmingly in Brazil, unless you live in Sao Paulo and there's no water.
Jun 04th, 2015 - 07:04 pm - Link - Report abuse 0Don't you just love Brasso and Julie? If these twats are the future for the country then they have NO future. :o)
.It is ironic you talk about the lack of water in sao paulo. that I know. lacked water in 7 states (US)
Jun 04th, 2015 - 10:52 pm - Link - Report abuse 0maybe next month I appear here .. “maybe” ...
@3 brASSHOLE
Jun 04th, 2015 - 10:57 pm - Link - Report abuse 0“So please explain to me why the Brazil is the world's fourth FDI receiver?”
Brasshole, you obviously haven't a f*cking clue regarding anything at all....you always criticize foreign companies - those that produce just about everything you need, and consume in Brazil...and you like to use that word “western” to refer to everything your little brain hates...
Then, explain to us all, why you are so excited about Brazil receiving foreign investment ? isn't that AGAINST your ridiculous philosophy ? Maybe I should quote the definition of FDI for you, as you are 'lost'....read carefully :
”A foreign direct investment (FDI) is a controlling ownership in a business enterprise in one country by an entity based in another country.“
Too difficult to grasp ?
Your # 8, ”Skip, Has not yet reached that such a recession here“, confirms you are a complete moron ....so you STILL think that Brazil is not in recession, or going through a very bad patch, the worst in the last 12 years....then ,
what about inflation ? already out of control ;
what about the price of energy and fuel ? increases of 30 % and 10% respectively ;
what about the unemployment rate ? never been as high in the last 10 years, and growing ;
what about crime ? growing steadily ;
what about public health ? people dying in the corridors of badly equipped hospitals, even before they are attended to ;
what about industrial production ? shrinking every month :
what about retail commerce ? laying people off, due to reduced sales ;
what about corruption ? mensalão, Petrolão, Fifão, BNDSEsão :
And to you, the brasshole genius, there is NO recession....
@12 Julianoasshole
Is all you can say , ”hahahahahahaha” ? what're you laughing about, moron ? your infinite ignorance ?? sad....
#16 Jack
Jun 05th, 2015 - 12:14 pm - Link - Report abuse 0Just a note of apology to you personally as I've posted some very derogatory opinions about your country over the past couple of days. I admire Brazil and fully believe that your country's potential as a great nation is certainly possible, but in my humble opinion, not while your country is being run by the thieving and highly corrupt Worker's Party.
¡Viva Brazil!
My best personal regards.
jackasshole. then answer my question: how you guys can talk about lack of water in sao paulo if 7 (SEVEN) American states are in the same situation? YOUR ANIMAL IGNORANT ... answers that question. Fat macdonalds ... HAAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHA ...
Jun 05th, 2015 - 12:24 pm - Link - Report abuse 0#18 Little child Julieta
Jun 05th, 2015 - 02:05 pm - Link - Report abuse 0I know you thrive on attention, but please lean to type in the correct manner of naming your largest metropolis. The Northern Region of Chile and many states in the US are suffering from a terrible drought, but at least there is at least government provided potable water for the people living in those regions.
Brazil on the other hand seems to be waiting for solely an intervention from heaven.
By the way, shouldn't you be in kindergarten class at this hour?
@16 Chicureo,
Jun 05th, 2015 - 08:14 pm - Link - Report abuse 0Don't let it worry you....you aren't telling any lies ; Brazil is in the shit - only temporarily I hope - and it's the idiots like the numbnuts at # 18, that either don't realize it, or defend the PT regardless of the evidence that they have really screwed Brazil.....
Now gotta waste 30 secs to reply to the idiot at #18 : Julianoasshole,
Although once again you prove you are too stupid to realize that I live in Brazil - so I consider it my country - I'll indulge you by saying this : who the hell is talking about the lack of water in SP , or in the US, and what does a natural phenomenon (drought) have to do with the blatant thievery and incompetence of the PT ?? Do yourself a favour - read my # 16 again, and think about it, you moron !
jackasshole... when I spoke about pt? your animal ... talked about THE WATER SHORTAGE ... UNDERSTOOD? !!!!!!!!!!
Jun 05th, 2015 - 09:11 pm - Link - Report abuse 0Political ideology is for idiots. the matter is my country ...
set off o/
Gosh Julietta
Jun 06th, 2015 - 12:53 am - Link - Report abuse 0It's again very late for you to still be awake. Drink your cup of warm milk, say your prayers and go asleep.
I thought you promised to go away...
Many little children in Brazil went to bed hungry this evening because Aunt Dilma and her corrupt regime stole most of the food subsidies for the poor. That is why Uncle Chicureo would like to see her eventually placed in a prison.
@ 22 Chicureo
Jun 06th, 2015 - 11:51 am - Link - Report abuse 0Oh, you are a soft old Uncle Chicureo!
Uncle Chris wants the same done to her as her cell did to the American Officer and they shot him in front of his wife and children.
Of course FatAss denies any knowledge, SHE was only the cell leader. Just like now then.
@21 Julianoasshole
Jun 06th, 2015 - 06:28 pm - Link - Report abuse 0your stupidity is infinite......the theme of this headline “Brazil's fiscal consolidation insufficient to deal with debt levels, says Moody's”, is a political one , and it was you, moron, that brought the 'water shortage' into it....or can't you remember ? just read your own stupid remarks # 18, again.
And if you weren't so bloody ignorant, you might even try to comment on the 2nd half of my #16......but the truth is that you don't know the real situation in Brazil, which is exactly why you write so much crap and then give us all your brain has to offer “hahahahahahahahaha”.......a nervous laugh, the reaction of an idiot.
Ah, before I forget, screw off to wherever you're going, and don't come back !
PBR is cutting back its planned exploration by U$70B!! That's gonna hurt...
Jun 07th, 2015 - 04:21 pm - Link - Report abuse 0Commenting for this story is now closed.
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