The Chicago Boy and His President

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BERLIN/BRASÍLIA (Own report) – German business circles are placing high hopes on Brazil’s President-elect Jair Messias Bolsonaro pointing to the economic program of Paulo Guedes, designated to head a super ministry. During Augustino Pinochet’s military dictatorship, he was a professor at the University of Chile and his program resembles the economic policy of the Chilean Junta. Since about a year, Guedes has been Bolsonaro’s advisor. The Brazilian business community is hailing Bolsonaro, particularly the National Confederation of Industry (CNI), where German businesses hold strong positions. CNI is the Brazilian partner of the Federation of German Industries (BDI). German companies had already cooperated with the Brazilian military dictatorship. Bolsonaro’s victory is a deathblow to the policy of cautious redistribution in favor of impoverished segments of society, pursued by Presidents Lula da Silva and Dilma Rousseff. This policy was essentially ended with the May 2016 cold putsch – under applause of German business representatives.

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Brazilian President Dilma Rousseff ousted in impeachment vote

President Dilma Rousseff was stripped of her office Wednesday in the culmination of a political crisis that has left Latin America’s largest nation adrift, with an economy in deep recession and a public sharply divided over the country’s future.

Rousseff was impeached on arcane charges having to do with violating budget laws. But she was swept up in a tide of revulsion against Brazil’s political class as the once-flourishing economy contracted and political parties were tarred by a massive corruption scandal.

Wednesday’s 61-to-20 Senate vote closed out an extraordinary 13-year rule by the leftist Workers’ Party, which boasted of lifting tens of millions of Brazilians out of poverty before the economy began to nosedive and its political fortunes soured. Continue reading

Brazil President Rousseff Suspended, To Be Put On Trial After Losing Impeachment Vote

For more on Rousseff and her Communist past, see HERE. She’s clearly more than a “one-time guerrilla fighter”.

 

In a vote whose outcome was largely expected, moments ago the Brazilian Senate concluded a marathon 21 hour session with a 55 to 22 vote to suspend President Dilma Rousseff from office to face an impeachment trial, ushering in a new government to take command of Latin America’s largest economy. Rousseff will be tried on allegations she illegally doctored fiscal accounts to mask the size of the budget deficit.

When officially notified later on Thursday morning, Brazil’s first woman president will be suspended, ending 13 years of rule by the leftist Workers Party, and the “market friendly” Vice President Michel Temer will become acting president during her trial. Continue reading

In crushing defeat, Brazil’s Rousseff moves close to impeachment

BRASILIA (Reuters) – Brazil’s leftist President Dilma Rousseff suffered a humiliating loss in a crucial impeachment vote in the lower house of Congress on Sunday and is almost certain to be forced from office months before the nation hosts the Olympics.

Fireworks lit up the night sky in Brazil’s megacities of Sao Paulo and Rio de Janeiro after the opposition comfortably surpassed the two-thirds majority needed to send Rousseff for trial in the Senate on charges of manipulating budget accounts.

The floor of the lower house was a sea of Brazilian flags and pumping fists as dozens of lawmakers carried in their arms the deputy who cast the decisive 342nd vote, after three days of a marathon debate. Continue reading

Exclusive: Brazil could waive U.S. dollar to bolster Iran trade – minister

Brazil will accept payment from Iran in euros and other currencies for planes, cars and machinery to sidestep lingering U.S. sanctions on the oil-rich nation, Trade Minister Armando Monteiro told Reuters on Tuesday.

Monteiro is the first Brazilian official to confirm that Latin America’s biggest economy could accept payment in currencies including the euro from Iran, which is forbidden from using the U.S. financial system under the sanctions. Continue reading

Brazil Pursues Impeachment Against Rousseff

For more on Rousseff, such as her Communist past and current Communist connections, please see HERE.

 

A senior Brazilian lawmaker approved impeachment hearings Wednesday over allegations against President Dilma Rousseff.

During Rousseff’s presidency, unemployment has increased, the economy has slowed, and she is accused in an oil scandal. Continue reading

Brazil’s Rousseff inaugurates nuclear sub shipyard

For those thinking Rousseff is a friend of the United States, think again. She was Communist raised and groomed for future leadership.

For additional information, here is a link thoroughly shining some light on her background:

Dilma Rousseff (Key Wiki)

 

Brazilian President Dilma Rousseff inaugurated Friday a naval shipyard that will oversee construction of a nuclear-powered submarine and four others to patrol Brazil’s long coastline and deepwater oil reserves.

The project in southeastern Rio state, with the first vessel set for 2017 delivery, emerged from a $10 billion partnership with France dating from a 2008 agreement signed by then leaders Luiz Lula da Silva and Nicolas Sarkozy.

She noted Brazil was progressing toward becoming part of a “select group” of countries along with Britain, China, France, Russia and the United States, whose navies have nuclear-propelled submarines at their disposal. Continue reading

Brazil’s President Shows Communist Colors

Brazil is generally regarded as a moderate, pro-Western country. In fact, it has been under communist leadership and has been since 1994, when Luis Ignacio Lula da Silva first came to power – with the help of Democratic Socialists of America and the AFL-CIO.

Democratic Socialists of America member Stanley Gacek was a labor attorney and AFL-CIO International Affairs Assistant Director, responsible for the Federation’s relations with Latin America and the Caribbean. Continue reading

China to reap harvest of NSA scandals

The best warfare strategy is to attack the enemy’s plans, next is to attack alliances.Sun Tzu, The Art of War

A growing chorus of nations is decrying Washington’s unrestrained cyber espionage. However, there is only one country with both the means and motivation for using mounting international resentment to challenge American hegemony. The NSA surveillance of America’s allies has opened up two vital fronts in which China can erode American global dominance. Continue reading

Brazil builds Russian defence ties with missile plan

BRASILIA (Reuters) – Brazil is pushing ahead with a planned $1 billion purchase of anti-aircraft missile batteries from Russia in a deal that will cement a strategic defence partnership between the two BRICS nations, the Brazilian Defence Ministry said on Wednesday.

Brazilian officials said they expect to sign a contract by the middle of 2014 for short- to medium-range surface-to-air Pantsir S1 missile batteries and Igla-S shoulder-held missiles. Continue reading

The BRICS “Independent Internet” Cable. In Defiance of the “US-Centric Internet”

The message from BRICS to America is quite clear:

Dear USA,

You are a dying nation — a dead man walking with a worthless fiat currency we’re already dumping. We are putting you out of commission one step at a time, with this being one of them, and the world will do just fine without you.

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BRICS Cable… a 34 000 km, 2 fibre pair, 12.8 Tbit/s capacity, fibre optic cable system

The President of Brazil, Dilma Rousseff announces publicly the creation of a world internet system INDEPENDENT from US and Britain ( the “US-centric internet”).

Not many understand that, while the immediate trigger for the decision (coupled with the cancellation of a summit with the US president) was the revelations on NSA spying, the reason why Rousseff can take such a historic step is that the alternative infrastructure: The BRICS cable from Vladivostock, Russia  to Shantou, China to Chennai, India  to Cape Town, South Africa  to Fortaleza, Brazil,  is being built and it’s, actually, in its final phase of implementation.

No amount of provocation and attempted “Springs” destabilizations and Color Revolution in the Middle East, Russia or Brazil can stop this process.  The huge submerged part of the BRICS plan is not yet known by the broader public. Continue reading

Exclusive – BRICS nations monitoring ‘complex’ global markets – source

(Reuters) – Major emerging-market economies are paying close attention to “new and complex” developments in global financial markets and want closer coordination of their macroeconomic policies, a diplomatic source briefed on the matter told Reuters on Monday.

Brazilian President Dilma Rousseff and her Chinese counterpart, Xi Jinping, discussed ways to strengthen policy coordination on Monday in a telephone conversation, said the official, who asked not to be identified. Continue reading

China gets jump on U.S. for Brazil’s oil

You can’t just be making all these bad decisions, one after the other, accidentally; but rather by design. It’s clear by now that the oil and gas industries (nor oil independence) are not a priority as Obama’s financial and political backers (i.e. Soros, Solyndra et al) within the green movement instead need to be rewarded for their loyalty during the 2008 and upcoming 2012 presidential election. You might even be shocked to know that the only oil businesses making large headway are backed by George Soros, drilling and exploring in Brazil — and only for Brazil’s benefit.

BUENOS AIRES — Off the coast of Rio de Janeiro — below a mile of water and two miles of shifting rock, sand and salt — is an ultradeep sea of oil that could turn Brazil into the world’s fourth-largest oil producer, behind Russia, Saudi Arabia and the United States.

The country’s state-controlled oil company, Petrobras, expects to pump 4.9 million barrels a day from the country’s oil fields by 2020, with 40 percent of that coming from the seabed. One and a half million barrels will be bound for export markets.

The United States wants it, but China is getting it.

Less than a month after President Obama visited Brazil in March to make a pitch for oil, Brazilian President Dilma Rousseff was off to Beijing to sign oil contracts with two huge state-owned Chinese companies.

Continue reading article: China gets jump on U.S. for Brazil’s oil (Washington Times)

See also: Obama’s Keystone Denial Prompts Canada to Look to China Sales (Bloomberg)

See also: Up Next… Obama’s New Energy Regulations Will Put 32 Coal Plants Out of Business (Gateway Pundit)