Monday, August 27, 2007

Expectation on Brazilian markets about Lula meeting with ministers: how does the crisis impact growth and inflation here?

President Lula called a cabinet meeting next Thursday (30) to discuss international finance crisis and its impact on Brazlian economy this year to 2010. 

Right now São Paulo stock market is down a little bit now (minus .42%).

Commercial balance superavit is gorwing to a

Volatility in exchange markets haven´t come to anything else but a nervous day all over.

Importer quant to know how much their´re gonna pay?

Exporter are optmistic - at least in Asia, this moring.

Here, expectation about the exchange rait  - wait to see how it will be.

Brazilian real is worth the same as last Friday: R$ 1,95 for US$ 1,00.

Here, everyone looks at US economic indicators like if America were in the hurricane eye.

Were?

Posted by Joao Arnolfo at 19:14:49 | Permalink | No Comments »

Saturday, August 25, 2007

Brazilian airports crisis: new Defense minister and Congress get head of Civil Aviation Agency to resign

Denise Abreu, the strong young woman who was seen smoking cigars after the Air Bus explosion (photo) in Sao Paulo Congonhas Airport, Brazil.

Now the new Defense minister, Nelson Jobim, will appoint to Congress new names for the agency, one of the responsible for the disaster that killed 199 people recently.

Famosa nos últimos dias por opor resistência a todos e tudo na autônoma Agência Nacional de Aviação Civil (Anac), Denise Abreu finalmente pediu demissão.

Diretora com mandato aprovado pelo Congresso, Denise irritou parlamentares nas CPIs do Apagão Aéreo na Câmara e no Senado, pela arrogância que não foi desfeita por pedidos formais de desculpa.

Nomeado pelo presidente Lula para resolver a crise aérea brasileira, o maior problema deste segundo mandato, o novo ministro da Defesa, Nelson Jobim, perdeu a paciência ontem com a Anac e pediu de público que a diretoria toda renunciasse para facilitar a solução dos problemas.

No Congresso, ela tentou ao longo da semana enrolar senadores e deputados com a estória de um documento que foi parar na internet (sobre normas para não serem permitidas aterrisagens em Congonhas de Air Buses com reverso travado sob chuvas).

Nem o digitalizado e experiente deputado verde Fernando Gabeira (PV-RJ) conseguiu que Denise entregasse o jogo na CPI do Apagão Aéreo, pois ela dizia que o documento não era oficial, não sabia porque foi para a rede de computadores e, finalmente, de que não valeria de qualquer forma para aviões do tipo que explodiu em Congonhas (foto).

Para os deputados, Denise e a Anac devem ser co-indiciadas pelo acidente com 199 mortos com o Air Bus da TAM no aeroporto de Congonhas - pelo menos.

A ex-diretora é acusada também de ter feito gestões para beneficiar amigos empresários com a transferÊncia da área de cargas da capital paulista para aeroportos no interior do estado.

(detalhes nas agencias)

Posted by Joao Arnolfo at 02:07:59 | Permalink | No Comments »

Saturday, July 28, 2007

Brazil moving out of air crisis with projected US$ 1,7 billion train between Sao Paulo airports

Next Sunday President Lula and his brand-new Defense minister, Nelson Jobim, will get together to play some third-age soccer and decide how much money the federal budget can afford in order to solve the national air crisis.

And pave the road to an eventual solution for Lula´s succession.

They were looking for and perhaps had found a name,  acceptable by left and right wings, to try to keep power within the coalition between Lula´s Workers Party (Partido dos Trabalhadores-PT) and Jobim´s PMDB (Brazilian Democratic Movement Party).

A fast train between two points… humm, there will be a lot of money going around that.

Sao Paulo governor Jose Serra presented Jobim yesterday a plan to build in three years a fast light train between International Guarulhos Airport and domestic Congonhas airport inside Sao Paulo city, at the cost of R$ 3,4 billion (US$ 1,7 billion).

Not that bad, as Federal Government  would have to put only R$ 580 million, while Sao Paulo state would invest R$ 1,5 bi and private companies R$ 1,2 billion.

It now depends on telling Guido, the Finance minister, the whole story about the plan to solve an air crisis he himself thought was just an expression of economic healthness.

An expensive one, indeed. 

Posted by Joao Arnolfo at 04:52:43 | Permalink | No Comments »