TRUMP WINS: WHAT CHANGES FOR BRAZIL?
The election of Donald Trump for president of the United States brings instability to the American continent
By plus55- Brazil Business on Nov 09, 2016
TRUMP WON: WHAT CHANGES FOR BRAZIL?
Donald Trump was elected president of the United States, staging a historic upset against former Secretary of State Hillary Clinton. For Brazil, this could mean bad news regardless of your political views. As the votes started rolling Trump’s way, stock markets across the globe plunged due to the fear of Trump’s anti-free trade agenda. The Republican’s victory could cause problems for the recovery of Brazil’s economy. Early on Wednesday, Brazil’s currency, the Real, tumbled 2 percent after having gained nearly 24 percent in value this year.
Trump’s election has also had a negative impact on Brazil’s stock market. The BM&F Bovespa index, Brazil’s stock exchange, had risen 50 percent between January and October. Last week, though, it dropped 5.1 percent – and Petrobras’ shares lost 6 percent of its market value. All because of the “Trump risk.”
Before the markets opened, the Brazilian Central Bank announced that it would cancel an auction of up to $250 million worth of reverse currency swaps scheduled for the day, without offering an explanation.
We don’t know quite just yet how Donald Trump’s administration will impact Brazil. “The biggest problem for us, right now, is the uncertainty created by his victory,” posits Fernando Brancoli, a professor of international relations at Fundação Getulio Vargas. “Hillary Clinton was more open to free-trade deals; we knew what to expect from her.”
Notwithstanding the stock market results, Pedro Vartanian, a professor of economics at Mackenzie University, doesn’t believe that Trump’s election will have a major impact in trading deals between Brazil and the United States. “Regardless of who their president is, we don’t have much access to the American market,” he says. “Right now, all we can do is wait and see if he will fulfill promises like toughening the relationship with China.”
There is also the issue of immigration. There are currently 1.3 million Brazilians living in the United States – and most of them are undocumented. If Trump keeps his promises of mass deportations, it could severely impact those immigrants.
The Trump trend could spread around Latin America, and especially in Brazil. “People are tired of the establishment, and these individuals who describe themselves as ‘outsiders,’ even when they’re not, are capitalizing,” says Professor Fernando Brancoli. Brazil’s recent municipal elections showed the strength of this phenomenon when São Paulo elected, in the first-round election, a businessman with limited political experience. Does that ring any bells?
Brazilian Congressman Jair Bolsonaro celebrated the result. On Twitter, he declared: “The victory goes to the man who fought ‘everyone and everything.’ In 2018, Brazil will follow the same path.”
It might actually happen. Bolsonaro, a man who gained notoriety for his racist, homophobic rants, is polling at 10 percent for the presidential race. He is the candidate preferred by 25 percent of wealthy Brazilians. The question is, after Trump’s win, can we doubt such results?
-----------------------------------------------------------
According to two news issued by the Masonic Press Agency on May 1st and May 17th, 2013, the Grand Orient of Brazil and the Grand Lodge of Washington DC reestablished fraternal relations with the French National Grand Lodge (GLNF).
Several months ago GLNF began a series of reforms to restore its legitimate status within the international Masonic scene. The first step was the election of Jean-Pierre Servel in the office of Grand Master. The second step was the adoption of reforms which led to the suspension and removal of Stifani from GLNF.
As a result of these required decisions, GLNF began to reap the first fruits of its labor: Grand Orient of Brazil restored fraternal relations with GLNF (The Grand Orient of Brazil reestablishes Masonic relations with the French National Grand Lodge. GLNF and GOB put an end to the suspended relations, event occured a year ago because of the internal problems of the French National Grand Lodge. GOB's action will likely produce a chain reaction that will restore the international status of the French National Grand Lodge) and then was the turn of the Grand Lodge of Washington DC to do the same.
On May 14, 2013, the official announcement was made by GLNF's Grand Master. During the Annual Communication in Washington, the decision regarding GLNF was adopted unanimously. The impact of the decisions taken in Brasilia (in Latin America) and Washington (in North America), plus the strong position of Grand Chancellor of the United Grand Lodge of England will help GLNF this year to proudly celebrate its centenary.
Also the same source informs that: If Europe's Grand Lodges that have initiated the process of withdrawal of recognition regarding GLNF are not reacting yet as their counterparts in Washington (and in Brasilia), in the horizon arises the problem of the Supreme Council for France which will be forced to depart from the way adopted so far.
-----------------------------------------------------
Commentary:
President Michel Temer,is a former Obama informant and a 33º Mason in Grande Oriente
do Brasil, founded in 1822. It has 1700 lodges with around
100,000 members. It is within the tradition of Anglo-American
Freemasonry.
Temer is presently
negotiating with the chairman of Néstle for the privatization of one of
Brazil´s largest underground water-reserves for a period of no less than
100 years. This,in spite of great water shortage in large areas of
Brazil.
Néstle belongs to the global conglomerate aiming to
control the world´s water resources,claiming "water is not a human
right".
Administrator
HUMAN SYNTHESIS
No comments:
Post a Comment