So it is. The least liberal of all those occupying the presidential seat since José Sarney will even join the PL. From Adam Smith (1723-1790) to Friedrich Hayek (1899-1992): forgive us, our leaders don’t know what they’re doing. Worse, you know. But it will be difficult to explain to the fathers of the modern economy and liberalism that the Liberal Party (PL) of Brazil occupies, for example, the directorship of a state-owned bank, such as Banco do Nordeste. Well, first we need to ask what does this bank exist for? The answer is: to do business. In 2019, the institution disbursed more than BRL 42 billion in 5.3 million transactions. In other words, this is the amount of people eating out of the institution’s hand. This Brazil will work very well…
RACE TO 2022
Anyone who thinks Bolsonaro is dead is forgetting that Brazilian voters must vote on a compulsory basis, which dilutes ideological affinity or because of causes. A survey carried out by Paraná Pesquisas between the 16th and the 19th and released on Monday (22) shows JB leaning against Lula.
Out Scholz, In Merkel
Replacing Angela Merkel is equivalent to stepping in for Pelé in a decisive game. It’s yours, Olaf Scholz! On Wednesday (24), the Social Democratic, Green and Liberal Democratic parties announced an agreement for Scholz to fill Merkel’s post. In power since 2005, the 1.65m and 67-year-old German will go down in history as one of the greatest statesmen of all time.
Billion Dollar Stimulus Package
It will be 56 trillion yen (about $490 billion), including cash donations and help to struggling businesses, to help the economy out of the stagnation aggravated by the coronavirus pandemic. “The package has more than enough scale to deliver a sense of security and hope to the people,” said Japanese Prime Minister Fumio Kishida. The proposal is still pending parliamentary approval. The plan includes distributing about $880 to people 18 and under in an attempt to revive the economy. Japan never had a complete blockade during the pandemic and infections remained relatively low, but the stagnation of the world’s third-largest economy remains.
“When it comes to human dignity, we cannot compromise.” “Look into the future and look into the unknown. Nothing stays the same and people change” Angela Merkel German Chancellor between 2005 and 2021.
Elon Musk, Tesla’s CEO, sold about $1 billion of his company’s shares on Tuesday (23). Some of the sales were scheduled because the shares expire in 2022. Still, the number is staggering: Musk has already traded $9.8 billion this month alone.
Chile to the polls
On Sunday (21), Chile held the first round of its presidential elections. The candidates from the extremes, on the right (José Antonio Kast, 27.9% of the votes) and on the left (Gabriel Boric, 25.8% of the votes), moved to the second round, which will take place on December 19th. Another five more centrist names, including the governing Sebastián Sichel, were left out. Sichel and candidate Yasna Provoste (former minister of the governments of Ricardo Lagos and Michelle Bachelet) did not add 25% of the votes together, a clear message to the political forces that have commanded the country for the past 30 years. 47% of the 15 million voters voted — voting is not mandatory. Federal deputies and senators were also chosen on Sunday.
“It is also necessary to see the final results of the parliamentary elections. But I am absolutely certain that whatever the outcome we need a broader base of political and social support than we are today.”
“People today no longer vote for left, center, right. They vote for causes. In the second round, we will choose between freedom and communism, between democracy and communism, and defeat this intransigent left.”
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