And the year is off to a great start in Brazil. For starters, after Congress brought down the ridiculous 0,38% CPMF tax (something like Provisory Contribution on Financial Transactions), the government decided to recover the R$ 40 billion (~U$ 22.7 bil) by, you guessed it, increasing taxes.
Brazil will trim outlays by 20 billion [...]
Entries Tagged as 'economy'
getting better all the time
January 6th, 2008 · No Comments
Tags: .br · economy · environment
protecting workers from being employed
December 6th, 2007 · No Comments
Somebody please schedule a meeting between Lula and president Sarkozy, to try and make him understand how this (.br) is a terrible idea:
The administration will send to Congress a project that ratifies a decision by the ILO (International Labour Organization) which makes it harder to fire workers without just cause. The proposal’s idea is to [...]
bad timing
April 10th, 2007 · No Comments
With growing concerns over the economical impact of corn-based biofuel, I would think this NEC corn-based plastic is not such a good idea.
gender bias in tennis
March 19th, 2007 · No Comments
About a month ago, Wimbledon organizers announced that, after years of refusing to do so, they’d finally caved in to public pressure and this year’s tournament would have equal prizes for men and women. Last friday, it was time for French Open organizers to say this year they’ll have total parity among players.
Which, of course, [...]
make up your mind, willya?
February 11th, 2007 · No Comments
With the US dollar getting cheaper and cheaper in Brazil, several economists and businessmen are complaining about the country’s inability to have competitive prices in foreign markets. Former Ministry of Finance, Rep. Antonio Palocci, says there’s no need to worry, that it’s only a matter of time (.br) until a rise in imports balances the [...]
a greener evil
February 1st, 2007 · No Comments
Enviromentalists frequently say that greener sources of energy are also cheaper in the long run, but companies are too short-sighted to realize that, thus making it necessary for the government to step in and give them a little push in the right direction. Surely, it would be even better if some company were to make [...]
Tags: economy · environment