Stewardship a presidential report card v4 r significant foreign influenceBrij Consulting, LLC
More than 1000 prominent Economists have asked for a referendum on the Trump Administration. We have added our Economic Report to the Subject, in V2 we show the econometric means to rebuild our country and in V3 explain the Debt Ratio and how it has been violated by the current administration, but has the means to be challenged and V4 shows the Evidence of Significant Foreign Influence on Domestic Affairs Our Revision demonstrates the need for SOCIAL JUSTICE
This report offers a comprehensive overview of the situation in the United States focusing on the business perspective. The United States remains one of the world’s key economic players. With a real GDP per capita of US$62,479.3, this high-income country occupied 6th place in a 2019 global comparison. The U.S. was home to about 329.1 million people in 2019 and is renowned for its extensive entertainment industry.
What's included?
Economic conditions (incl. COVID-19 economic impact), public finances, and detailed information on the labor force
Demographics, consumption, and income
Imports, exports, foreign direct investments
Fitch Solutions operational risk indexes
Business culture and local habits
Government structure, overview of stability and threats, and the political environment
Territorial CO2 emissions, energy shares, and PM2.5 exposure
This month’s coverage of the Americas includes a fully revised report on Argentina, where the end of 12 years of continuous
rule by the Kirchner dynasty appears to signal a retreat from the heterodox populism that characterized the policy approach
of Nestor Kirchner and Christina Fernandez. The pro-government FPV lost its majority in the lower house of Congress, and its presidential candidate
GroupM has released its Global Mid-Year Media Forecast that details how COVID-19 sharply transformed the global advertising economy from a 6.2% growth rate in 2019 to a double-digit decline this year.
November 2013 - Avoiding the middle-income trapFGV Brazil
A few years ago, when China looked at Brazil with great interest, it was not only to estimate its potential as a supplier of food and basic supplies for expanding its infrastructure.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Stewardship a presidential report card v4 r significant foreign influenceBrij Consulting, LLC
More than 1000 prominent Economists have asked for a referendum on the Trump Administration. We have added our Economic Report to the Subject, in V2 we show the econometric means to rebuild our country and in V3 explain the Debt Ratio and how it has been violated by the current administration, but has the means to be challenged and V4 shows the Evidence of Significant Foreign Influence on Domestic Affairs Our Revision demonstrates the need for SOCIAL JUSTICE
This report offers a comprehensive overview of the situation in the United States focusing on the business perspective. The United States remains one of the world’s key economic players. With a real GDP per capita of US$62,479.3, this high-income country occupied 6th place in a 2019 global comparison. The U.S. was home to about 329.1 million people in 2019 and is renowned for its extensive entertainment industry.
What's included?
Economic conditions (incl. COVID-19 economic impact), public finances, and detailed information on the labor force
Demographics, consumption, and income
Imports, exports, foreign direct investments
Fitch Solutions operational risk indexes
Business culture and local habits
Government structure, overview of stability and threats, and the political environment
Territorial CO2 emissions, energy shares, and PM2.5 exposure
This month’s coverage of the Americas includes a fully revised report on Argentina, where the end of 12 years of continuous
rule by the Kirchner dynasty appears to signal a retreat from the heterodox populism that characterized the policy approach
of Nestor Kirchner and Christina Fernandez. The pro-government FPV lost its majority in the lower house of Congress, and its presidential candidate
GroupM has released its Global Mid-Year Media Forecast that details how COVID-19 sharply transformed the global advertising economy from a 6.2% growth rate in 2019 to a double-digit decline this year.
November 2013 - Avoiding the middle-income trapFGV Brazil
A few years ago, when China looked at Brazil with great interest, it was not only to estimate its potential as a supplier of food and basic supplies for expanding its infrastructure.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
August 2012 - Why investment is still tied upFGV Brazil
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Our monthly coverage of the Americas includes a new report on Chile, where President Michelle Bachelet continues
to make progress on fulfi lling her ambitious campaign promises, but an economic slump has contributed to the steady
erosion of her popular support. With her net approval rating now negative, the window securing approval of key
elements of the reform
October 2011 - Recycling: Who pays for it?FGV Brazil
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Our extensive coverage of the Americas this month
includes an update on the United States that will examine
whether the disappointing economic growth data for the
fourth quarter of 2015 is cause for deep concern, assess
the risk of further battling between President Barack
Obama and the opposition-controlled Congress that
could derail a weak but sustained recovery, and provide an
early assessment of how the November presidential and
congressional elections might turn out. PRS will also issue
an update on Guatemala, where a political crisis driven
by revelations of a massive network
If Brazil is to achieve greater social and economic progress, public security and law enforcement have to improve significantly.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
February 2016 - States: How to get past the fiscal crisisFGV Brazil
As states are confronted with rigid spending requirements and falling tax revenues, public services are deteriorating. The federal government allowed states to borrow from BNDES because it was not making mandatory financial transfers to them, so that a number of states are now in danger of outstripping Fiscal Responsibility Law limits.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Urges the construction of a new alternative of political power in brazilFernando Alcoforado
The lack of political conditions to make economic changes that meet the interests of the nation and ensure the governance of the current power holders is committed because the government Dilma Rousseff has shown not have political force, does not have enough power and have no leadership to propose the nation a national development project that contributes to reverse the current situation. Time works against the government Dilma Rousseff whose tendency is to worsen the current situation and drop in acceptance of his government by the Brazilian population. All this set of factors can contribute to growth the movement for impeachment of Dilma Rousseff. Given this perspective, the Brazilian nation have to build a new alternative power with the creation of a new party that is the antithesis of the parties that held power after the military regime and demonstrate they are unable to promote economic and social development of country for the benefit of the vast majority of its population, and many of them are complicit with systemic corruption that advances in all instances of national power.
February 2013 - No clear view of the futureFGV Brazil
After negotiating a path full of obstacles in 2012, mainly put up by the economic problems of the major world economies, Brazilian exporters have started the year hoping to recover the ground they lost last year, when foreign sales fell by 5.3% and the trade surplus plunged 34.7%. Exporters are not sure, however, that this time road conditions will be much better.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
April 2010 - Competition and credit boomFGV Brazil
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
President Lula said in his inaugural speech in 2003 he won the election because hope (of the people) won fear (of change). However, when taking office, President Lula and his team have shown that the fear of facing the real causes of national problems overlapped on the hope of the people to carry out the changes required to promote economic and social progress of Brazil because it kept neoliberal economic policy of the Fernando Henrique Cardoso government.
Instead of mobilizing civil society to together with the government to develop and implement a national development plan capable of breaking the barriers to economic and social progress of Brazil that correspond to the true interests of the majority of the Brazilian people, governments of PT (Worker Party) of Lula and Dilma Rousseff decided to maintain the neoliberal economic model opened in the Fernando Collor government which resulted in increased dependence of the country on foreign capital and low economic growth.
The allocation of most of the budgetary resources of the Brazilian government (45%) for the payment of interest and amortization of public debt is unsustainable in the medium and long term because Brazil would not have public resources to invest in economic and social infrastructure and transfer resources to social security and to the states and municipalities. In addition to the domestic public debt that compromises the future of the country, the foreign debt in the amount of US$ 523.7 billion in June 2016 that exceeds US$ 379 billion of the country's reserves increases further the economic vulnerability of Brazil. Taking into account the risk that Brazil may face in the future with the "explosion" of domestic and external debt, it is urgent to carry out an audit of the debt and its renegotiation in order to stretch it in time to reduce the country's burden of payment service of these debts. Without the adoption of this policy, the Brazilian government will have to make foresight social reform to the detriment of the population and privatize public assets as is being advocated by the government Michel Temer.
August 2012 - Why investment is still tied upFGV Brazil
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Our monthly coverage of the Americas includes a new report on Chile, where President Michelle Bachelet continues
to make progress on fulfi lling her ambitious campaign promises, but an economic slump has contributed to the steady
erosion of her popular support. With her net approval rating now negative, the window securing approval of key
elements of the reform
October 2011 - Recycling: Who pays for it?FGV Brazil
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Our extensive coverage of the Americas this month
includes an update on the United States that will examine
whether the disappointing economic growth data for the
fourth quarter of 2015 is cause for deep concern, assess
the risk of further battling between President Barack
Obama and the opposition-controlled Congress that
could derail a weak but sustained recovery, and provide an
early assessment of how the November presidential and
congressional elections might turn out. PRS will also issue
an update on Guatemala, where a political crisis driven
by revelations of a massive network
If Brazil is to achieve greater social and economic progress, public security and law enforcement have to improve significantly.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
February 2016 - States: How to get past the fiscal crisisFGV Brazil
As states are confronted with rigid spending requirements and falling tax revenues, public services are deteriorating. The federal government allowed states to borrow from BNDES because it was not making mandatory financial transfers to them, so that a number of states are now in danger of outstripping Fiscal Responsibility Law limits.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
Urges the construction of a new alternative of political power in brazilFernando Alcoforado
The lack of political conditions to make economic changes that meet the interests of the nation and ensure the governance of the current power holders is committed because the government Dilma Rousseff has shown not have political force, does not have enough power and have no leadership to propose the nation a national development project that contributes to reverse the current situation. Time works against the government Dilma Rousseff whose tendency is to worsen the current situation and drop in acceptance of his government by the Brazilian population. All this set of factors can contribute to growth the movement for impeachment of Dilma Rousseff. Given this perspective, the Brazilian nation have to build a new alternative power with the creation of a new party that is the antithesis of the parties that held power after the military regime and demonstrate they are unable to promote economic and social development of country for the benefit of the vast majority of its population, and many of them are complicit with systemic corruption that advances in all instances of national power.
February 2013 - No clear view of the futureFGV Brazil
After negotiating a path full of obstacles in 2012, mainly put up by the economic problems of the major world economies, Brazilian exporters have started the year hoping to recover the ground they lost last year, when foreign sales fell by 5.3% and the trade surplus plunged 34.7%. Exporters are not sure, however, that this time road conditions will be much better.
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
April 2010 - Competition and credit boomFGV Brazil
The Brazilian Economy is one of the oldest publications for expert economic analysis of both the Brazilian and international economies. Through this publication, FGV’s Brazilian Institute of Economics and Finance (FGV/IBRE) compares different periods of the economy, assessing both macroeconomic considerations and scenarios related to finance, administration, marketing, management, insurance, statistics, and price indices.
For more information, and Brazilian economic index results, visit: http://bit.ly/1EA1Loz
President Lula said in his inaugural speech in 2003 he won the election because hope (of the people) won fear (of change). However, when taking office, President Lula and his team have shown that the fear of facing the real causes of national problems overlapped on the hope of the people to carry out the changes required to promote economic and social progress of Brazil because it kept neoliberal economic policy of the Fernando Henrique Cardoso government.
Instead of mobilizing civil society to together with the government to develop and implement a national development plan capable of breaking the barriers to economic and social progress of Brazil that correspond to the true interests of the majority of the Brazilian people, governments of PT (Worker Party) of Lula and Dilma Rousseff decided to maintain the neoliberal economic model opened in the Fernando Collor government which resulted in increased dependence of the country on foreign capital and low economic growth.
The allocation of most of the budgetary resources of the Brazilian government (45%) for the payment of interest and amortization of public debt is unsustainable in the medium and long term because Brazil would not have public resources to invest in economic and social infrastructure and transfer resources to social security and to the states and municipalities. In addition to the domestic public debt that compromises the future of the country, the foreign debt in the amount of US$ 523.7 billion in June 2016 that exceeds US$ 379 billion of the country's reserves increases further the economic vulnerability of Brazil. Taking into account the risk that Brazil may face in the future with the "explosion" of domestic and external debt, it is urgent to carry out an audit of the debt and its renegotiation in order to stretch it in time to reduce the country's burden of payment service of these debts. Without the adoption of this policy, the Brazilian government will have to make foresight social reform to the detriment of the population and privatize public assets as is being advocated by the government Michel Temer.
Recently, a number of factors have come together to break the two major shackles that have held the world stuck in a static state for the majority of this year. The bigger of these two- though there was some strong interlinkage, was the announcement of a vaccine for the coronavirus; in
Neoliberalism and aggravation of social problems in brazilFernando Alcoforado
The neoliberal economic model implemented in 1990 is largely responsible for worsening Brazil's social problems today. Social devastation has been the main result of the neoliberal economic model in Brazil inaugurated by President Fernando Collor in 1990 and maintained by Presidents Itamar Franco, Fernando Henrique Cardoso, Lula da Silva, Dilma Roussef, Michel Temer and Jair Bolsonaro. The current economic recession, social inequality, mass unemployment and the extreme poverty of the country demonstrate the infeasibility of the neoliberal model implemented in Brazil. The social devastation suffered by Brazil with social inequality, mass unemployment and extreme poverty is demonstrated through indicators of concentration of income, unemployment, social inequality and extreme poverty.
How brazil must face global recession and internal economic stagnationFernando Alcoforado
This article aims to present the impacts that the ongoing global recession will have on the Brazilian economy and the solutions to deal with this gigantic problem and the internal economic stagnation.
The COVID-19 pandemic will leave the Latin American region as the worst hit in the world, in terms of the number of infected and deceased (the human cost), and in terms of its dismal economic performance (economic cost). Thus, the region will need all the help possible to be able to get out of a situation that would probably leave it plunged into another lost decade for the region (such as the 1980s or the one that has just ended, 2010).
In this context, China is emerging as the only country that could help the region in terms of offering a market for its products, in terms of financing, and even in terms of helping to combat the pandemic.
In this article, in first place, we will see the social and economic situation in which Latin America is facing post-pandemic; second, the region's trade situation with China; third, the situation regarding investment and financing with China; fourth, the aid to combat the pandemic; and fifth, the prospects for the region's future relationship with China.
It will be inevitable the impeachment of Brazilian President Dilma Rousseff not only due to fiscal responsibility crimes that she has committed, but also by all the devastating work on the Brazilian economy that she and Lula held that and Lula held it in 13 years of PT governments. The balance of 13 years of PT governments indicates the lack of commitment of both governments to the great struggles of the Brazilian people carried on the past 50 years, a historical inconsistency traitor. This inconsistency has occurred, especially in the economic and moral planes. Inconsistency in the economic sphere is manifested in the fact that both governments have given continuity to the neoliberal and anti-national policy of the Fernando Collor, Itamar Franco and Fernando Henrique Cardoso following what established the Washington Consensus in the 1990s. On the moral sphere, it was institutionalized systemic corruption in the PT governments that contributed to pushing Petrobras and the country to bankruptcy.
The economic and financial performance of a government as well as a company is measured by the results obtained. A company is economically and financially successful when its production grows, is profitable and has a growing market share, among other factors. A government is economically and financially successful when it contributes to the increase in production and employment in general, the country has a growing GDP, has tax collection higher than public expenditure, and has a current account balance of payments surplus, among other factors. If we take into account the economic and financial results obtained, the Bolsonaro government has been a resounding failure.
Not a few countries that are experiencing stuttering when facing of the COVID-19pandemic, the high number of victims and the decline in the economy can be regarded as the state's stuttering in responding to the global health crisis. Stuttering that cannot be overcome has the potential to manifest as a failed state.
The COVID-19 pandemic not only caused numerous casualties in almost the entire world, but also caused a very fundamental global transformation, overhauled patterns of human interaction and relations between nations in the world system, and changed the increasingly loose direction of global geopolitics, making each country have sovereignty in looking at the urgency of global collaboration and collaboration. There are at least three transformations that will change the face of the world going forward, namely economic and trade transformation, and international relations and geostrategy.
The IMF also released the countries with the worst economic growth in 2020. Countries in Europe, Latin America, Africa and even the United States were included in the ranks of the list. This poor economic growth is parallel to the uncontrolled spread of the COVID-19 pandemic in these countries. Poor economic growth in 2020 is a form of stuttering in handling COVID-19.
Here is my quarterly update on Brazil. Enjoy reading and feel free to get in touch with me for questions or comments.
Aquí esta mi actualización trimestral sobre Brazil. Disfrutenla y ponganse en contacto conmigo si tienen preguntas o quieren comentar algo.
Throughout the world, the reversion of fortune suffered by the Brazilian economy since reaching its zenith as recently as 2010 has confounded shrewd commentators, seasoned analysts and market players alike. As 2015 unfolded,
ominous projections ("An Economy on the Brink", "Brazil's Economy Falters" "Worse May Be To Come") were no less widespread than expressions of bewilderment ("Whatever Happened to Brazil", "Brazilian Waxing and Waning",
"Brazil's Scandalous Boom to Bust Story"), and, more recently, of alarm ("Goldman Sachs Says Brazil Has Plunged Into ‘An Outright Depression’") concerning the fate of the South American BRIC country.
Despite profuse official protestations to the contrary, however, Brazil's afflictions
turn out to be of its own making, as it so often proves to be the case. Looking at
the set of clearly laid-out policy choices made by the Brazilian government – and
the almost as clearly spelled-out political objectives underlying them – should
provide enough explanatory evidence to sort out this cautionary tale for
developing countries everywhere.
Detailed write up on the impact of COVID on various aspects of life. This was published in the Mumbai university Research Journal in the month of June 2020.
WORLD TOWARDS A NEW IRREVERSIBLE GLOBAL ECONOMIC AND FINANCIAL CRISIS AND BRA...Faga1939
This article aims to demonstrate that the global economic and financial crisis tends to get worse with: 1) the escalation of the global debt that threatens to put the world capitalist system in check in the face of the possibility of the explosion of the public debt bubble in the United States and the China; 2) the drastic downturn of the economy in the United States, China and the European Union, which could enter into recession in 2023; and, 3) the possibility of two giant global banks, Credit Suisse and Deutsche Bank, going bankrupt because they are on the verge of collapse triggering a new global economic and financial crisis similar to the Great Recession of 2008 and the Depression of 1929. This article raises, also, the need for President Lula's government to adopt an economic policy that makes Brazil less dependent on foreign markets in terms of export markets, international capital and foreign technology and that, consequently, prioritizes the development of the internal market.
Signs of economic, political and social ruination are already present in Brazil indicating the strong possibility of the country to be convulsed in 2016 by the confrontation between the political forces interested in the removal of Dilma Rousseff of power and those who fight for their stay in the Presidencyof the Republic. It seems that in 2016, Brazil will be politically convulsed with the confrontation between supporters and opponents of the current government. This may cause them to also street clashes that may require the intervention of the armed forces for the maintenance of constitutional order. In other words, whether to dismiss or stay in power Dilma Rousseff, Brazil will be convulsed by a political struggle with unpredictable consequences.
It seems that if Dilma Rousseff is not destituted of power through impeachment by the responsibility of crime described lines ago, Brazil can be the stage of upheaval with the confrontation between the overwhelming majority of the Brazilian people that want their deposition and the supporters of Government of unpredictable consequences. One must consider the lessons of history that teach us that the social upheaval can lead to the establishment of dictatorships. This is the risk that threatens the Brazilian society. Does Brazil face the possibility of a tragic future economic and political? This scenario depends on the outcome that may occur with respect to the impeachment of President Dilma Rousseff.
The Economic Outlook for 2017 by Kevin LingsSTANLIB
South Africa is searching for higher economic growth in a global environment increasingly shaped by rising nationalism, higher levels of trade protection and a fall-off in the effectiveness of monetary policy.
Is Technology Removing the ‘Care’ from Healthcare?MSL
We live in a digital age that is transforming healthcare. But, how does the industry need to adapt to fully engage in the digital future of the NHS?
New solutions are critical to embrace the benefits of improved digital technology in personalised care, while ensuring that patients are not marginalised in the process.
An enquiry led by US cardiologist, geneticist and digital medicine expert, Dr Eric Topol, explores how to support the deployment of digital healthcare technologies throughout the NHS.
MSL partnered with research firm Toluna to survey 1,846 marketing and communications leaders from Brazil, China, France, Germany, India, Italy, Poland, United Kingdom and the United States.
Powered by AI: Communications and Marketing in the Algorithm AgeMSL
MSL partnered with research firm Toluna to survey 1,846 marketing and communications leaders from Brazil, China, France, Germany, India, Italy, Poland, UK and US. We partnered with our colleagues at sister agency Publicis.Sapient who are experts in counselling companies and brands on the AI revolution.
A look inside the endless debate between traditional and digital media.
For more information write to Joshua Gardner, Vice President & North American Lead, Global Energy Practice, MSL | joshua.gardner@mslgroup.com
SCOTUS Launches New Economy with Legalized Sports BettingMSL
In a 6-3 decision in the case Murphy vs. National Collegiate Athletic Association, SCOTUS ruled that because Congress exceeded its constitutional authority when it passed PAPSA. In essence, Congress tried to prohibit state legislatures from repealing their existing statues that outlawed sports betting. Under a line of Supreme Court precedent known as the anti-commandeering doctrine, federal efforts to coerce states into enforcing federal law are unconstitutional violations of the Tenth Amendment.
To say this is just the beginning would be cliché, but what SCOTUS has wrought with its decision will have lasting consequences that go far beyond sports betting.
Our current consumption patterns are stretched to breaking point. Few would argue the need to fix our systems. It’s how to manage an economically viable and just transition that is making heads ache.
[Salterbaxter Directions] Moving The Goal PostsMSL
Is your business goal-ready to move beyond 2020? Explore a new generation of emerging sustainability goals that are unlocking business returns and driving transformational change.
The food market will experience rapid evolution in 2018, according to sector experts at MSL. A broad array of technological innovations will make it easier to acquire and consume foods and beverages tailored to our specific food needs, speeds and philosophies.
These insights emerge from the MSL’s annual analysis of top food trends compiled by its highly specialized food marketing and PR team, appearing as a shareable infographic. In recent years the agency’s forecast has been viewed more than 100,000 times. Past forecasts have spotted the emergence of major marketplace successes, including turmeric, coconut, ugly produce, food waste reduction and coffee as an ingredient.
The Second Technology Revolution: How the PR Business Needs To Change Once AgainMSL
Not even a decade after the PR industry turned on its head when social media ushered in the Age of Influence, technology once again is causing brands, companies and organizations to rethink its communication in dramatic ways. This time machines that process data and artificial intelligence, combined with immersive technologies like virtual reality, augmented reality and mixed reality, are creating new opportunities for “augmented influence” as well as giving communicators pause to manage a number of emerging new challenges from Machine Journalism to Artificial Influence.
SDG Signals - SBTribe Research by Salterbaxter MSLMSL
It’s been two years since the launch of the SDGs and the UN’s recent progress report highlights that support is uneven and needs to accelerate. New data sources, including
social media, continue to be vital tools to measure, monitor and report progress.
SDG Signals uncovers new insights about SDG communications online and which areas, people and brands are cutting through. We explore the overall SDG online conversation, providing clear opportunities for differentiation, with initial comparisons from the Technology and Food & Beverage sectors. Future editions will put the spotlight on other specific sectors and issue areas.
A joint initiative conducted by MSL and SPARK Neuro gives PR pros true cause for excitement. What was once only subjective – how much people are engaged with content and their emotional experience with it – can now be directly quantified by reading brain activity and other neurological responses.
For more information about Conversation2Commerce, email Erin.Lanuti@mslgroup.com or visit www.publicisC2C.com.
In PR2020, experts give us their perspective on what’s coming next in terms of tech disruptions, and how they believe this will impact the work we do. We explore influence, data, human science and machines, and our relation to them as communications professionals, business owners, governments, and human beings.
Write to us to start a conversation on how we can help you distill actionable insights and foresights from conversations and communities.
For more information contact Pascal Beucler, SVP & Chief Strategy Officer, Global, MSL (pascal.beucler@mslgroup.com) and Melanie Joe, Consultant – Research & Insights, MSL (melanie.joe@mslgroup.com)
[Salterbaxter Directions] Human Rights - The Time is NowMSL
Is your business up to speed on the risks and opportunities of human rights issues?
Learn from the early adopters of the UN Guiding Principles Reporting Framework and get ahead of the game.
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
News in the Times of Digital - Indian Media TrendsMSL
The way India consumes news is changing in this digital age. 20:20 MSL's media trends infographic assesses Print v/s Online media consumption and how communications professionals can choose the right media mix through a structured approach.
Connect with our insights experts or share your feedback with us on Twitter @2020MSL and @msl_group.
To supplement Qorvis MSLGROUP's Guide to the Trump Administration, we have created a set of appendencies highlighting expected cabinet and staff appointments as of 12/1/2016.
Governing a Divided Nation - Insights about the 2016 U.S. Presidential ElectionMSL
Public affairs and policy experts from Qorvis MSLGROUP have compiled an extensive election coverage and analysis of how the new U.S. President and Congress will move forward after one of the most bitter campaigns in American history.
For more updates, follow @qorvis or reach out to us on Twitter @msl_group.
Each year, Directions takes an in-depth look at an area of sustainability and communications. This time, we’re delving into the quite sizeable gap that still exists between business and society. It’s not the void that interests us so much as the question of how it can be shrunk.
How do we move from just minding the gap to actually mending the gap?
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
Qorvis MSLGROUP has created a comprehensive guide to the Trump Administration. This document provides a first look at the people and players behind the most unlikely presidential campaign in American history.
For each person mentioned here, we have included a bio, a photo, and representative institutions and organizations affiliated with that person, so that the reader may better understand the relationships that influence the people who in turn are influencing President Trump.
For real-time updates, follow @Qorvis or reach out to us on Twitter @msl_group.
The ICCO Global Summit which took place in Oxford, UK, from 29-30 September, 2016 offered two days of great conversations with colleagues coming from all over the world. MSLGROUP's SVP & Chief Strategy Officer, Pascal Beucler was invited to discuss why Branded Content and Entertainment are a new boundary, and a sweet spot to hit for PR professionals.
Based on Pascal's experience last June at the Cannes Lions International Festival of Creativity, as a juror in the newly created Entertainment Jury: this has been a week-long fantastic experience, evaluating how talent and ample narrative formats can elevate content into the cultural mainstream.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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The Disenchantment of Latin America: What to expect from the region in 2020?
1. The
disenchantment
of Latin America
What to expect from
the region in 2020?
DECEMBER, 2019
Shutterstock.com
by Paulo Andreoli*
Disenchantment is not a new word. But never
before has it translated so perfectly the sentiment
of Latin America society today.
Economic growth rates have been lackluster for years, with the prospects for
the coming years not pointing to any improvement. The numbers speak for
themselves: the International Monetary Fund (IMF) and the UN Economic
Commission for Latin America and the Caribbean (ECLAC) projecting, in
July, GDP growth of 0.5% for 2019 and 1.4% for 2020. Forecasts which now
appear overly optimistic.
The region’s capacity to weather external shocks is weaker than just a few years
ago. Today, budget deficits are sharper, current account deficits are higher and
international markets are exhibiting clear signs of instability.
The anti-trade policies implemented by Trump have generated insecurity. The
United States threatened to leave NAFTA and to impose various restrictive
policies, such as the recent tariffs on steel and other products. The USA-China
trade war continues without respite. Investors await clear signs of a recovery,
whose caution can be attributed to legal instability, the effectiveness of the
anticorruption efforts, populist immoderations and, now more than ever, the
movements of the masses, which take to the streets of major urban centers every
time rates for public services are hiked a few cents.
The social instability and convulsions of the disenchanted masses represent yet
anothercomponenttoconsiderinanalyses.Theyarenewfactorthatmathematics
have been unable to explain or to give an idea of what will come tomorrow.
Apparently, the smartphone is a major enemy, with the capacity to catalyze
the disenchantment and to schedule the next congregation in the streets. The
Apparently, the
smartphone is
a major enemy,
with the capacity
to catalyze the
disenchantment
and to schedule the
next congregation
in the streets.
2. Brazil’s fear of importing the social movements erupting across the
region could inhibit promising initiatives to adjust the size of the
Brazilian state to the scale of its capacity to pay for its government and
its public pensions and still have cash to invest.
smartphone substitutes the political pendulum that swung between
the left and the right with the real and generalized resentment of
society against everything and against everyone, with the capacity to
mobilize protests not only in Santiago, Bogota and Quito, but also in
Hong Kong, Paris and Iraq.
Emblematic Latin America economies, such as Brazil and Mexico,
play a crucial role in the region’s performance. In Brazil, the success in
passing structural reforms effectively represents important progress
and brighter prospects. But the fear of the smartphone could inhibit
new changes next year, which unfortunately is an election year in
which 5,500 cities across the country will choose their mayor.
Shutterstock.com
Brazil
Brazil’s fear of importing the social
movements erupting across the
region could inhibit promising
initiatives to adjust the size of the
Brazilian state to the scale of its
capacity to pay for its government
and its public pensions and still
have cash to invest.
If we ignore the inappropriate
banalities voiced by President Jair
Bolsonaro, his economic team gives
us hope that there are real chances
ofadvancesintheeconomyfor2020
AntonioScorza/Shutterstock.com
and the coming years, albeit with
tepid but consistent growth rates.
Brazil, with its nearly 210 million
people, always has been difficult
to explain. Today it is experiencing
various paradoxes. The stock market
is setting record highs. The real is
weakening against the dollar to
unprecedented levels. Meanwhile,
Brazil risk is at 121 basis points, the
lowest since 2012, when the risk
premium reached 500 basis points.
As recently analyzed by journalist
William Waack in his article in the
century-old newspaper O Estado
de São Paulo, investors attribute
these paradoxes to the fact that
Brazil’s external debt has reached
nearly 80% of GDP, even with
the pension reform. The level of
the budget deficit is not healthy
and Argentina’s crisis explains the
deterioration in the trade balance.
Brazil’s export performance is
highly dependent on Argentina.
From a more subjective
viewpoint, the uncertainty also
can be attributed to Brazil’s
weak economic growth. A study
conducted a few years ago by
the prestigious Getúlio Vargas
Foundation (FGV) showed that
the higher the uncertainty, the
lower the GDP growth. This
year, the uncertainty index fell
to its lowest level of the last ten.
Among the sayings in Brazil,
there is one that can be seen as
optimistic: “In Brazil, everything
is possible.” Perhaps growing a
bit more robustly and surprising
the world could be possible over
the coming years if President
Bolsonaro would opt to keep his
mouth shut a bit more and to
stop endowing the world with his
shock talk.
3. Mexico
But the gift of the spoken word
is not just held by Bolsonaro in
the name of the extreme right in
Brazil. Mexico’s left, represented
by President Lopéz Obrador, is a
strong competitor in the practice
of creating conflict. Curiously, civil
society in both of these countries
is divided between those who love
and those who hate. The forecasts
published some weeks ago pointed
to GDP growth of 1.4% in 2020, and
just a few days ago international
financial institutions have adjusted
this projection to 0.8%.
A stable economy is expected for
next year, supported by the prudent
fiscal policy that limited credit.
Inflation is contained. The budget
for 2020 increases public spending
by 4.6% and projects around 4.8%
more in productive investment.
For the multinationals that
investment in Mexico, the Trump
administration’s recent decision to
classify the country’s drug cartels
as terrorists could imposed large
investments in their compliance
policies and controls and even
in the cancellation of their
business deals in the country. The
implications and consequences of
any kind of involvement with the
These reforms spearheaded by
Duque, according to the country’s
scientists, have overlooked the fact
that Colombia has one of the highest
concentrations of wealth in the local
elite, which has thrown even more
fuel on the protests. According to
the IMF, in its analysis of Colombia’s
economic performance, GDP should
close this year at 3.6%, well above
the 2.4%. With just over 50 million
people and despite the growing
economy, the country is facing a high
unemployment rate, which reached
9.7% this year. High unemployment,
high wealth concentration, less
money for social programs and
reforms that reduce benefits for the
poor are just the right ingredients for
mobilizing Colombians against the
Duqueinthesecondyearofhisterm.
cartels could lead to the flight of
large companies given the risks.
In fact, the reach and scope of
what would be classified as foreign
terrorist organizations would leave
multinational companies highly
vulnerable. For example, if they do
business with a midsized Mexican
company and it is later shown
that the company, in the course
of its production operations, has
bought products and has relations
with a member of a cartel, the
consequences could be dire.
Colombia
Colombians also are taking to the
streets to protest against their
government, in this case another
representative of the region’s right,
President Iván Duque, who was
elected in 2018. In addition to
protesting against the suspension of
the peace deal with the FARC signed
by his predecessor Juan Manuel
Santos and the deaths of the leaders
of agrarian social movements, the
protests also are calling for social
and economic measures targeting
lower-income brackets, even with
thegovernmentmovingforwardwith
the pension, labor and tax reforms,
which are seen as being inspired by
the Trump administration, in other
words, as ultraliberal.
Argentina
On December 10, President
Alberto Fernández, who defeated
businessman Mauricio Macri,
will move into Casa Rosada in
an Argentina reliving the return
of the name of former president
Cristina Kirchner to newspaper
headlines as the vice-president of
this administration.
Macri, lamentably, was unable
to revive the economy, which is
plunging into a crisis that will
drag GDP growth down to -3.1%
From a more subjective viewpoint, the uncertainty also can be attributed to
Brazil’s weak economic growth. A study conducted a few years ago by the
prestigious Getúlio Vargas Foundation (FGV) showed that the higher the
uncertainty, the lower the GDP growth.
SebastianBarros/Shutterstock.com
ConnieGuanziroli/Shutterstock.com
GuillermoGphoto/Shutterstock.com
4. this year, with the IMF projecting
another year of economic
contraction in 2020, of -1.3%.
Unemployment also is high on the
list of complaints of Argentineans,
10.6% of whom currently have no
job opportunities, with this rate
projected to remain above the
10% mark in 2020 and 2021.
Fernadéz, meanwhile, who was
elected by a coalition of the left,
wants to attack poverty and hunger
by creating two new fronts, the
Federal Council to Eradicate Hunger
and the National Observatory to
EradicateHunger.Thesemechanism
will implement anti-hunger public
policies at the national level, joining
forces with the Church, universities,
social organizations, companies
and communication means in a
repeat, of course, of a populist effort
to combat the problem.
Another pressing issue that should
mobilize the new administration
is combatting inflation, especially
given that the IMF forecasts that
the country will be one of the three
nations in the world with the highest
inflation rates in 2020. The forecast
for 2019 is that prices for the more
than 45 million Argentineans
will increase by 54.4% in the
period. However which way you
look at the Casa Rosada, the new
administration’s challenges are
enormous in an environment of little
faith in politicians and their policies.
such massive discontent. Held
as a liberal economic model in
Latin America, as exemplified
by the economic liberalism of
it investment banks, the people
took to the streets against low
pensions and the precarious state
of healthcare and education,
taking over Santiago and various
parts of the country, from desert
mountains to seaside cities.
Since the ousting of dictator
Augusto Pinochet, in 1990, Chile
had not experience a generalized
explosion of discontent and revolt
that took over streets and metro
stations, in which 25 people died,
thousands were injured and 200
sustained serious eye injuries.
Sebastian Piñera was the target
of fury on social networks, with
messages disapproving of his
administration reaching 90%,
according to public opinion
surveys. In Chile, without a
doubt, social networks and
the fake news phenomenon
contributed to uniting the angry
masses across the country – the
interpretation is that the means of
traditional communication were,
until early October, working to
keep opinion in the center of the
political spectrum, containing
the population’s dissatisfaction.
But Facebook, Twitter and even
WhatsApp were transformed
into a channel to “verbalize” the
criticisms and social demands of
the people.
Piñera, meanwhile, is responding
quickly and could contain the
movement, which could be
resolved through reforms and
supported by the country’s healthy
economic situation. According to
the IMF, GDP should grow by 2.5%
this year and by 3% in 2020, with
unemployment of 6.9%, which
should fall to 6.3% in 2023. Right
now, those are the best indicators
of any country in Latin America.
Peru
With allegations of corruption
involving Odebrecht bringing
down presidents and driving
Alan Garcia to suicide, the
group’s expulsion from Lima and
even the current government
taking on Keiko Fujimori, Peru
appears to be experiencing mass
protests calling for the return of
the right.
In this climate, President Martín
Vizcarra, who was sworn in after
Pedro Pablo Kuczynski resigned
pressuredbytheOdebrechtscandal,
recently has adopted a drastic
measures: dissolving Congress and
calling for presidential elections in
January2020.Atthesametime,the
Congress itself, reacting, removed
Martín from office and appointed
Vice-President Mercedes Araóz
to lead the country. But that
lasted less than 24 hours, when
Araóz resigned.
The discontentment of Congress
with the Peruvian president
is rooted in the changes that
Martín wanted to make on the
Constitutional Court, seeking
to reduce the opposition’s
leadership among its members,
who are much more faithful to
the daughter of former president
Fujimori Keiko. Vizcarra believes
and defends that Peru must
combat corruption and impunity
to advance and reduce poverty,
while expanding opportunities
for everyone – in short, politicians
should use politics less for their
personal benefit.
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Chile
Surprised by the protests that
have engulfed the country
since mid-October, admirers
of Chile never immagined
that the country’s 19.2 million
people had been repressing
5. While the elections are pending,
the country’s economy remains
positive, despite the political
discontentment. After delivering
GDP growth of 4% in 2018, GDP
should grow by 2.6% this year
and accelerate to 3.6% in 2020,
according to IMF forecasts. The
32.5 million Peruvians currently
face an unemployment rate of
6.6%, which has been trending
lower since the start of the decade,
with inflation under 2.2%, one of
the lowest in the region. With this
scenario, although the protests
could take to the streets of Lima
and other major cities, the focus
of protesters should be those
guilty of corruption and politicians
involved in wrongdoings of the
executive and legislative branches.
year and a mere positive 0.5% for
2020, and the unemployment rate at
4.3%, and rising slightly to 4.7% in
2020, but rising.
Following seven years of economic
growth, recession has knocked on
the country’s door this year, with
GDP forecast to contract by 3%,
with business activity constrained
by the weak performance of its
neighbors Brazil and Argentina, and
also due to the international cattle
and agriculture markets, which in
2019 were adversely affected by
high rainfall and flooding in 2019.
The prospects for the coming year
are brighter, but still tepid.
Ecuador
With just over 17 million people,
Ecuador has rebelled on the streets
against the end of fuel subsidies
and other austerity measures
announced by Lenín Moreno.
Indigenous people from all over
the country and urban residents
marched against the change in
position adopted by Moreno, who
was elected to continue the leftist
administration of Rafael Correa,
who was generous and attentive to
the population’s social demands.
However, it seems that now there
are no funds to pay for the subsidies.
With the approval rating of his
administrationlow,at19.2%,Moreno
is trying to find ways to address
the country’s weak economic
performance, with GDP growth
projected at negative 0.5% for this
Panama
With less than six months into the
new administration, the country
already is reaching the end of
its honeymoon with President
Laurentino Cortizo. After starting
his term with negotiations and an
inflow of funds to shore up part of
the budget, the government was
challenged by protests of students
and civil society, both clamoring for
a suspension of the constitutional
reforms coming up for votes in the
NationalCongress,sincetheywould
be voted by a legislative branch
tainted by scandals and corruption.
Despite the GDP forecast of 4.3%
growth this year and acceleration
in 2020, to 5.5%, Panama ranks
fifth worldwide in terms of income
inequality, with the rising cost of
living working to reduce the middle
class and consumer spending. The
hopes of the nation and the efforts
of Cortizo are the public-private
partnership to build the Panama
City subway, the construction of
the fourth bridge over the Panama
Channel and the project to store
natural gas to supply to Central
American nations.
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Paraguay
Brazil’s Operation Car Wash
took a toll as well on its neighbor
Paraguay, with an arrest warrant
issued by the Brazilian courts for
former president Horácio Cartes,
who is charged with involvement
with a major Brazilian black market
currency dealer. The development
gave much needed support to right-
wing President Abdo Benitez, who
was elected in early 2018. That is
because the supporters of Cartes
were undermining the president’s
support and his administration’s
measures. Bolsonaro’s Brazil and
Macri’s Argentina also may be to
blame for the low approval rates
of the Asunción administration,
when they negotiated a revision of
the Itaipu and Yacyretá agreements
that reduced the compensation
paid for the electricity purchased
by Brazil and Argentina. Cartes was
left with the image of a traitor of the
nation and servant of other nations.
Amajorissueinthecountryhasbeen
the violence associated with drug
traffickingandthecountry’sgrowing
market for money laundering. The
influence of Brazilian organized
crime in border regions has led to a
growing number of victims among
the criminals and law enforcement,
which has been frightening the
more than 7 million Paraguayans
who were more accustomed with
dealing with Brazilian farmers than
with criminals.
6. Paulo Andreoli
CEO and chairman, MSL Group
in Latin America
This article was written by Paulo Andreoli, CEO and chairman of MSL Group in Latin America,
with the collaboration of the CEOs of the group’s agencies and affiliates in the region:
MSL Argentina / Alurralde Jasper + Asoc.– Matias Alurralde
MSL Bolívia / Extend – Clemencia Siles
MSL Chile / MG Consulting – Tatiana Guiloff
MSL Colombia / Jimeno Acevedo – Mario Acevedo
MSL Ecuador / Comunicades Consulting – Fielding Dupuy
MSL Mexico / PRP – Paola de la Barreda
MSL Panama / Logos – Fernando Cuenca
MSL Paraguay / DESA – Roberto Codas
MSL Peru / Corpro – Bernardo Furman
MSL Uruguay / N3XO – Pablo Reyes
Nicaragua
What should we expect from
Nicaragua in 2020? The answer to
that question is more repression
from Daniel Ortega, despite the
pressure from protests in the
streets of Managua and other
cities. Until April last year, Ortega,
who has been in power since
2007, manipulated the population
through an amicable relationship
with the business community and
with democratic institutions, but
with the protests last year that
scenario has changed.
Ortega has been holding onto
power by repressing the people
and persecuting opposition
politicians. His government,
replicating a regional model, faces
intense accusations of corruption
and illegally enriching allies, while
the economy of the country’s 6.5
million people will contract by
5% this year, with unemployment
at 8.7% of the labor force. The
local government has been
suffering international sanctions,
but Ortega, a former Sandinista
guerrilla, persists in power.
Venezuela
The Venezuelan dictatorship of
Nicolás Maduro, the successor
to the Bolivarian regime of Hugo
Chaves, has been plunging deeper
intochaosthepeopleofthecountry,
which has one of the largest oil
reserves in South America. With
an unemployment rate calculated
by the IMF standing at 35% of the
labor force and the GDP reaching
an impressive negative 35%,
Venezuela is expected to take a
long time to return to normal, but
which necessarily will involve a
change in power in Caracas.
The democratic uprising of the
people in favor of Juan Guaidó has
not had any effect so far, despite
supportfromOASandgovernments
aroundtheworld,suchastheUnited
States and France, to mention only
the two most important.
In fact, for those who are familiar
with the internal reality of
Venezuela, organized crime also has
infiltrated the bases of Guaidó and is
undermining support and consensus
for either of the sides, Maduro
or Guaidó, to re-democratize the
country. A sad chapter for this part
of the continent, without a doubt.
Bolivia
Implicated in electoral fraud and
ballot box inconsistencies last
October, Bolivian President Evo
Morales, who has led the country
since 2006, resigned and fled
the country to Mexico, fearing
for his own safety and that of his
family. Since then, the country has
been experiencing a wave of riots
and protests by both Morales’
supporters and the opposition,
which is seeking a new political
leadership for the government.
The vice-president of Congress,
Jeanine Añez, has succeeded the
presidency, in accordance with
the Constitution. Since then, she
has been working to dismantle
the actions of the Socialist model
of the 21st Century, which guided
Morales in his almost 14 years as
president of Bolivia.
Living off the commodities boom,
the country has grown at impressive
rates, such as 6.8% in 2013, for
example. But the crisis has caught
up with the country and GDP should
grow by 2.5% this year, although
the IMF expects Bolivia to grow by
3.8% in 2020, despite the political
crisis sparked by the resignation
of Morales and the rapid response
by Añez to call for new elections in
March or April of next year.
DECEMBER, 2019
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*Thetextreflectsthepersonalopinionoftheauthor.