kari0ca

joined 1 year ago

-21

Under Lula, Brazil is walking on the financial wild side (www.economist.com)

submitted 3 months ago by [email protected] to c/[email protected]

0 comments fedilink

In the year to mid-June Brazil’s currency, the real, fell against the dollar by 17%, the worst performance of any major currency over this period. The São Paulo stockmarket lost 8% of its value even as other emerging markets rallied.

-41

To halt Brazil’s decline, Lula needs to cut runaway public spending (www.economist.com)

submitted 3 months ago by [email protected] to c/[email protected]

5 comments fedilink

"Investors have started to worry" Why is that? From what i've seen (i live in Brazil) the economy is going from bad to worse, the spending is always growing and there's no intent to reduce that...

The US has so much space in c/[email protected]

[–] [email protected] 4 points 6 months ago

America has more than 3 countries, if i remember well from my geography class

Elon Musk is elevating the global extreme right in c/[email protected]

[–] [email protected] -5 points 7 months ago

If he were helping the extreme left, I assure you, that would be ok for the most people here...

Williams will have two F1 cars "without too many issues" in Japan in c/[email protected]

[–] [email protected] 0 points 7 months ago

Two cars and no spare parts...

Brazil's economy improves during President Lula's first year back, but a political divide remains in c/[email protected]

[–] [email protected] -2 points 8 months ago

Yes the economy is improving very much, NOT!

https://www.reuters.com/world/americas/brazil-sees-public-debt-growth-up-135-2024-advances-debt-lengthening-2024-01-30/#:~:text=Public%20debt%20is%20expected%20to,the%20Treasury's%20Annual%20Financing%20Plan.

Brazil: Lula tightens gun control amid surge in ownership in c/[email protected]

[–] [email protected] -3 points 8 months ago

Now, only the thiefs and robers are allowed to have and carry gins

Brazil: Amazon deforestation drops 34% in first six months under Lula in c/[email protected]

[–] [email protected] -2 points 8 months ago

https://www.google.com/amp/s/news.mongabay.com/2024/02/megafires-are-spreading-in-the-amazon-and-they-are-here-to-stay/amp/ Is the deforestation realy dropping?

Amazon deforestation falls over 60% compared with last July, says Brazilian minister in c/[email protected]

[–] [email protected] -2 points 8 months ago

https://www.google.com/amp/s/news.mongabay.com/2024/02/megafires-are-spreading-in-the-amazon-and-they-are-here-to-stay/amp/ Well well well, the new president isn't that much

Deforestation in Brazil’s Amazon falls to lowest level since 2017 in c/[email protected]

[–] [email protected] -2 points 8 months ago

https://www.google.com/amp/s/news.mongabay.com/2024/02/megafires-are-spreading-in-the-amazon-and-they-are-here-to-stay/amp/ Some.news.contradicting the previous new...

In Lula's first six months, Brazil Amazon deforestation dropped 34%, reversing trend under Bolsonaro in c/[email protected]

[–] [email protected] -1 points 8 months ago

https://www.google.com/amp/s/news.mongabay.com/2024/02/megafires-are-spreading-in-the-amazon-and-they-are-here-to-stay/amp/ Look at this news now It seems that the new president has its fault on this too...

Old Head in c/[email protected]

[–] [email protected] 10 points 8 months ago (4 children)

Ah memories from BOFH! I used to read that on the 90s

Coming out of sabbatical to fill the void in c/[email protected]

[–] [email protected] 0 points 9 months ago

Ah! The sabbatical year

BREAKING: Carlos Sainz signed with Audi, supported by Red Bull! in c/[email protected]

[–] [email protected] 0 points 9 months ago (1 children)

Senior (Carlos Sainz)