Tuesday, September 20, 2016

" Privatisations, the storm of unemployment and the dying fall of Lula"

The government of Michel Temer announced the plan "Crescer"(grow). It aims to achieve concessions and privatisations for the next two years. There are 32 projects distributed over several sectors: roads, railways, ports, mining and energy. In 2017 this plan foresees a collection around $ 7,5 Billion.
Unemployment is naturally one of the main tragic consequences of the political economic crisis. In 2015 Brazil had a cutting employment of over 1.5 million formal jobs. It was the biggest cut since there is official registration.
For the first time, former President Lula was formally accused within Lava jato operation. The Paraná Federal Prosecution Office charges him of passive corruption and money laundering. The huge sums  of money received by Lula's foundation related to his lectures is also under investigation. Once called a messiah by many brazilians, now Lula faces the Judge Sérgio Moro (nicknamed by some the super-judge).


No comments:

Post a Comment