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Montevideo, August 15th 2022 - 09:52 UTC

 

 

Brazil to lift restrictions on foreign ownership of airlines and farm land

Tuesday, January 31st 2017 - 21:56 UTC
Full article 5 comments

President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday. Read full article

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  • :o))

    REF: “Brazil to lift restrictions”: Removing the red-tape and the bureaucracies ALWAYS help in encouraging the Business-Environment - provided the misuses are totally avoided. Can Brazil do THAT?

    Feb 01st, 2017 - 09:23 am - Link - Report abuse 0
  • Jack Bauer

    :o))
    Good question...but if they don't go through with it (lifting the restrictions), how are we going to find out ? On the other hand, misuse of all things that are public, and private, already seems to be a chronic characteristic of Brazilian culture....foreigners investing in Brazil will be the least of its problems...

    Feb 01st, 2017 - 03:45 pm - Link - Report abuse 0
  • :o))

    The Question is: Can Brazil avoid the misuse REF: Suspensão da venda da BR Distribuidora pela Petrobras: http://br.reuters.com/article/domesticNews/idBRKBN15F2MA?feedType=RSS&feedName=domesticNews&utm_source=dlvr.it&utm_medium=twitter | AND MANY OTHER “PAST RECORDS”!

    Feb 01st, 2017 - 06:19 pm - Link - Report abuse 0
  • Jack Bauer

    If PB is not allowed to sell BR Distribuidora, they aren't going to get the cash they need for investments....the 'sindicato dos petroleiros' is just a communist-ridden union, that is only interested in maintaing the status-quo, or State-ownership.....otherwise, and they know it, if the BR is privatized, they'll lose their jobs - because at the moment there is just too much deadwood floating around in the company...

    Feb 02nd, 2017 - 08:41 pm - Link - Report abuse 0
  • :o))

    Hi, Jack!

    1º: The Pre-Sal Fossil Fuel Reserves may be “HUGE” but it costs much more to access the reserves and that makes the crude oil extremely expensive than the average market price.
    2º: The Global Trend is towards the FALLING oil price OR maintaining it low [below average].
    3º: Countries such as the USA will soon be the LARGEST exporters of oil & gas [SHALE]; which cost well below the average prices.
    4º: The “NEW”, Unconventional, Green, & Renewable fuels are gradually becoming more common, more abundant and are cheaper than the “normal” fuels.

    The uses of such energies are gradually getting global acceptance, are recommended, favorable and more beneficial to the environment.
    5º: IN SHORT; there is a diminishing demand for the “conventional” oil on one hand and on the other hand, the supply is constantly increasing - by many folds.

    In spite of all the “negative aspects” which are mentioned above; IF AT ALL Brazil is “somehow” able to sell - GET RID OF - these assets [which in reality are the BIGGEST liabilities now]; it will NEVER be:
    - At the right/fair price
    - without some kind of a scandal involved!

    Hence; Brazil’s Black-Gold “fortune” = The New-Found “riches” = FOOL’s Gold:

    REF: #1: http://brazzil.com/brazils-black-gold-fortune-was-nothing-but-fools-gold/
    REF: #2: http://brazzil.com/brazils-black-gold-fortune-was-nothing-but-fools-gold/

    Feb 05th, 2017 - 01:10 pm - Link - Report abuse 0

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