Tens of thousands of workers at Brazil's state-owned Petrobras went on a nationwide 24-hour strike on Friday to protest the oil company's plans to sell 15.1 billion dollars worth of assets by the end of next year to help pay off a debt of about 120 billion dollars. Read full article
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Disclaimer & comment rulesA resources windfall doesn't guarantee a country will become developed, otherwise many African countries would be first world.
Jul 25th, 2015 - 06:55 am - Link - Report abuse 0Venezuela has plenty of oil and is an economic basket case. Brazil needs to put in place a lot of reforms to its economy and political system that will be a better guarantee of development.
90% of the company's 86,000 workers joined the strike in 12 states. She added the strike affects refineries and onshore and offshore operations.......Petrobras said in an emailed statement that the company was operating normally despite the strike.
Jul 25th, 2015 - 11:31 am - Link - Report abuse 0Who to believe? More than 77,400 workers not working and nothing changes looks like an opportunity to sack half of that lot and save even more money.
The UK went through the Dead-headed Union Syndrome and it nearly killed us. We can remember queues for bread as used to happen in WWII, refuse in the streets and the dead put into container freezers (reefers) due to the public workers strikes.
Then came The Blessed Margaret and kicked them all in the nuts and sacked thousands of the public 'workers' and privatised mainline businesses. Then we had 'New Labour' with BLiar and The Cunt Brown: back down the snake again.
But doesn't Brazil have a female president? Of course but DumbAss has her cunt between her ears instead of one of the sharpest brains on the planet. Oh dear, Brazil is fucked then if this keeps happening!
@2. Should I comment on your clearly jaundiced view of industrial relations? I seem to recall a lot of stupid people who tried the public sector produces nothing mantra. Forgetting, conveniently, that it produces compliance with the law. Otherwise The Blessed Margaret would have had no money. Couldn't have sent that task force south. No money for fuel for a start.
Jul 25th, 2015 - 12:30 pm - Link - Report abuse 0However, back to the Petrobras workers. If they are objecting to the sale of assets, are they taking pay cuts? 77,400 on strike. US$195,090 per worker. Two years' wages. Don't those 'workers' look clean?
The right-wing opposition (PSDB) received more funding from the corruption that the PT.
Jul 25th, 2015 - 02:30 pm - Link - Report abuse 0The bill takes away the operator rights oilfields from Petrobras is authored by José Serra, a corrupt thug who today is Senator for the PSDB. This villain is able to sell his own mother for a few bucks.
The sole intention of the Brazilian ruling class is to return Brazil to the US colonial status. In addition to fill their own pockets and win the greencard, of course.
Lula 2018
https://www.youtube.com/watch?v=FVaQ2gnkp28
@4. LULU will be in jail by then. Looking at 30 years.
Jul 25th, 2015 - 05:25 pm - Link - Report abuse 05 Conqueror
Jul 25th, 2015 - 05:55 pm - Link - Report abuse 0He who lives by the crystal ball soon learns to eat ground glass. Edgar R. Fiedler
@ 6 The Brainless One
Jul 25th, 2015 - 07:34 pm - Link - Report abuse 0So, ANOTHER MEANINGLESS QUOTE!
Does this mean that your 'economists' are dying of ingesting ground glass as I post this?
At least you agree that economics is NOT a science, just a load of 'I think' and 'last time we did this but it didn't work'.
Have you EVER held a position of reality in industry or commerce at board level? Frankly I just cannot see how anybody with half a brain would tolerate this namby-pamby attitude to reality that you espouse each time you comment.
I suppose even somebody with half-a-brain is half-a-brain ahead of you.
@4 brASSHOLE
Jul 25th, 2015 - 07:49 pm - Link - Report abuse 0”The right-wing opposition (PSDB) received more funding from the corruption that the PT.”
Well done . TWO lies in one sentence. You've outdone yourself.
First, the PSDB, for the 100th time, is NOT right-wing. There are no right-wing parties in Brazil. PSDB is slightly left of centre, while the PT is quite a bit more to the left , and then there are the radical 'petistas' on the far left - despite the fact they don't really know the implications of 'far-left' ...they think it's trendy to be called a socialist.
Second, the PSDB was actually 4th on the list of largest recipients of corruption money originating from Petrobras. First, by a large margin, the PT....who else ? a bit down the ladder in second place, was PP ; third was PMDB, and a relatively distant 4th, the PSDB.
Why don't you get your facts right before you post misleading and incorrect information ?? Ah ok , I get it, your excuse is that you are ignorant.
While you accuse Serra of being a thug, who would sell his mother for a few bucks - and which by the way, is one of the few names NOT involved in corruption scandals - you conveniently, and as always, ignore Lula's disgusting reputation....he may not have been indicted up to now, but his penchant for the 'good life' considering he calls himself a 'man of the people ; his laziness as a worker - when he worked ; the disgusting treatment of his wives, and lovers, with the exception of Marisa Leticia who knew how to take advantage of her position as First Lady (Lady ???) ; his ineffectivesness while a Congressman ; his constant denials of any knowledge of all the corruption that went on during his two terms, as well as in Dilma's first; his infamous Eu não sei de nada”, say it all.
As for PB, its debt today is four times larger than its value on the stock market - not a very brilliant prospect for a rosy future. The rest of your post is just the usual bs.
Brasileiro makes up almost all his facts and figures. I'm hard pressed to remember one that was actually correct.
Jul 25th, 2015 - 11:50 pm - Link - Report abuse 0For some reason, Terence doesn't feel the need to criticise those words of fiction.
@6. Have you never heard of roughage?
Jul 26th, 2015 - 12:38 pm - Link - Report abuse 0@8. Why do you ask such questions and make such points? In the unlikely event that Brasiliero actually responds, consider the amount of time you would have to waste checking what it said! Brasiliero is not a contributor. It's an aggressive apologist. A few years back, struggling really hard, Brazil managed to make its economy exceed that of a Britain in recession. Did it last? Of course not. As soon as Britain worked its way out of a Labour-induced recession, corrupt, criminal, incompetent Brazil fell back to where it belonged. Behind. Consider the matter of intelligence. An attribute that Brasiliero doesn't have. Does it really matter whether Brazil has the 5th, 8th, 12th largest economy? Does the country produce enough food to feed the people? Does everyone have a job? Is there healthcare and education for everyone? What's the current incidence of corruption/fraud? For Brazil, is it 95% or only 92%? In the case of Brazil, can you kill anyone you want?
Told ya the workers and slumdwellers wouldn't let reforms go through without a fight.
Jul 26th, 2015 - 02:37 pm - Link - Report abuse 0Pbr will either be renationalized or bankrupt or both.
They dont have enough assets or income to pay their massive debt.
Maybe the can ask for the bribes back.
Stupid marxist monkeys have ruined all the reforms that were put through and the gains made in the 90s.
Just like I said they would.
Is not having oil, supposed to make you wealthy,
Jul 26th, 2015 - 07:29 pm - Link - Report abuse 0it seems these south American who have oil, are all broke,
just saying like.
@10 Conqueror
Jul 26th, 2015 - 09:18 pm - Link - Report abuse 0Thanks for your concern, but I don't really waste much time checking figures, as anyone who is averagly well informed and is not some ignorant socialist, is aware of the shit that's going on. As to reading what the brASSHOLE writes, that yes, is a waste of time.
You're right about Brazil jumping ahead of Britain (into 7th position) for a short while after the 2008 recession. Lula was all over the news, telling everyone how great he was and described the effects of the recession on Brazil as a tiny, ankle-deep wave washing up on a beach....Brazil did in fact though, have a few months of glory before the full effect of the crisis reached Brazilian shores. Dilma recently, in a rare moment of clarity, put the crisis in its true context and called it a tsunami.....one that I hope will wash her and all these socialist assholes into oblivion.
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