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La Camera dei deputati brasiliana ha approvato, al termine di una sessione durata tre giorni, la messa in stato di accusa della presidente Dilma Rousseff. I deputati del fronte di opposizione hanno raggiunto il quorum dei due terzi dei 513 eletti, 342 voti. Il procedimento passa ora al Senato.
Di fatto si tratta di una formalità, perché la maggioranza semplice richiesta è praticamente certa. Poi Dilma Rousseff dovrà lasciare la sede della presidenza della Repubblica e al suo posto prenderà i poteri ad interim il suo attuale vice, Michel Temer, che dovrà formare un nuovo governo.
La reazione ufficiale del governo è stata affidata all'Avvocato generale José Eduardo Cardozo: «Tristezza e indignazione. È stata una decisione di natura politica, il che non è previsto dalla nostra Costituzione nei processi di impeachment. Per noi resta un golpe, che resterà nella storia del Brasile come una pagina vergognosa». Cardozo ha poi anticipato che Dilma Roussef non si dimetterà mai prima del tempo e che «la sua lotta continuerà».
La Camera dei deputati brasiliana ha approvato, al termine di una sessione durata tre giorni, la messa in stato di accusa della presidente Dilma Rousseff. I deputati del fronte di opposizione hanno raggiunto il quorum dei due terzi dei 513 eletti, 342 voti. Il procedimento passa ora al Senato.
Di fatto si tratta di una formalità, perché la maggioranza semplice richiesta è praticamente certa. Poi Dilma Rousseff dovrà lasciare la sede della presidenza della Repubblica e al suo posto prenderà i poteri ad interim il suo attuale vice, Michel Temer, che dovrà formare un nuovo governo.
La reazione ufficiale del governo è stata affidata all'Avvocato generale José Eduardo Cardozo: «Tristezza e indignazione. È stata una decisione di natura politica, il che non è previsto dalla nostra Costituzione nei processi di impeachment. Per noi resta un golpe, che resterà nella storia del Brasile come una pagina vergognosa». Cardozo ha poi anticipato che Dilma Roussef non si dimetterà mai prima del tempo e che «la sua lotta continuerà».
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China posted its slowest economic growth since 2009 but a surge of new debt appears to be fuelling a recovery in factory activity, investment and household spending in the world's second largest economy.
That's good news in the near-term, economists say, but many worry it marks a return to the old playbook used during the financial crisis, when Beijing hand-cranked its economy out of a slowdown through massive stimulus.
Official data on Friday showed China's gross domestic product grew at an annual rate of 6.7 percent in the first quarter of the year, easing slightly from 6.8 percent in the fourth quarter as expected. However, other indicators released showed new loans, retail sales, industrial output and fixed asset investment were all better than forecast.
China posted its slowest economic growth since 2009 but a surge of new debt appears to be fuelling a recovery in factory activity, investment and household spending in the world's second largest economy.
That's good news in the near-term, economists say, but many worry it marks a return to the old playbook used during the financial crisis, when Beijing hand-cranked its economy out of a slowdown through massive stimulus.
Official data on Friday showed China's gross domestic product grew at an annual rate of 6.7 percent in the first quarter of the year, easing slightly from 6.8 percent in the fourth quarter as expected. However, other indicators released showed new loans, retail sales, industrial output and fixed asset investment were all better than forecast.
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Britain's European Union referendum could push up credit costs and weaken sterling more, the Bank of England warned on Tuesday, as it moved to bolster banks' risk buffers and slow a boom in lending to landlords. The central bank said the outlook for financial stability had worsened since its last report in November, saying a rebound in Chinese lending was "concerning" and that June 23's vote on leaving the EU was now the biggest domestic risk. BoE Governor Mark Carney came under fire from some pro-Brexit lawmakers earlier this month for exaggerating the dangers of leaving the EU, though the central bank does not have an official position on whether Britain should remain. The BoE's Financial Policy Committee, which Carney chairs, said on Tuesday that "heightened and prolonged uncertainty ... could lead to a further depreciation of sterling and affect the cost ... of financing for a broad range of UK borrowers."
Britain's European Union referendum could push up credit costs and weaken sterling more, the Bank of England warned on Tuesday, as it moved to bolster banks' risk buffers and slow a boom in lending to landlords. The central bank said the outlook for financial stability had worsened since its last report in November, saying a rebound in Chinese lending was "concerning" and that June 23's vote on leaving the EU was now the biggest domestic risk. BoE Governor Mark Carney came under fire from some pro-Brexit lawmakers earlier this month for exaggerating the dangers of leaving the EU, though the central bank does not have an official position on whether Britain should remain. The BoE's Financial Policy Committee, which Carney chairs, said on Tuesday that "heightened and prolonged uncertainty ... could lead to a further depreciation of sterling and affect the cost ... of financing for a broad range of UK borrowers."
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China’s growth will be at the bottom of Beijing’s target range this year and decline further in 2017 amid slower growth in the Asia-Pacific region, according to an annual economic outlook published by the Asian Development Bank.
The Manila-based multilateral bank forecast annual growth in China of 6.5% this year and 6.3% for 2017. The government at its annual parliament earlier this month set a target of 6.5% to 7% growth this year and an average of 6.5% over the next five years, a level that may economists believe can only be achieved by excessive monetary and fiscal stimulus.
Dragged down by the People’s Republic of China’s diminished prospects and a weak recovery in major industrial economies, the ADB said it expects the Asian region to post annual growth of 5.7% both this year and next, down from 5.9% in 2015.
China’s growth will be at the bottom of Beijing’s target range this year and decline further in 2017 amid slower growth in the Asia-Pacific region, according to an annual economic outlook published by the Asian Development Bank.
The Manila-based multilateral bank forecast annual growth in China of 6.5% this year and 6.3% for 2017. The government at its annual parliament earlier this month set a target of 6.5% to 7% growth this year and an average of 6.5% over the next five years, a level that may economists believe can only be achieved by excessive monetary and fiscal stimulus.
Dragged down by the People’s Republic of China’s diminished prospects and a weak recovery in major industrial economies, the ADB said it expects the Asian region to post annual growth of 5.7% both this year and next, down from 5.9% in 2015.
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Brazil’s biggest political party has left the governing coalition, delivering a major blow to President Dilma Rousseff just weeks before she faces an impeachment vote in Congress.
The Brazilian Democratic Movement Party, known as the PMDB, approved the motion Tuesday in Brasilia at a meeting of its national directorate that lasted less than 10 minutes. Senator Romero Juca said party members can no longer hold positions in Rousseff’s government. The PMDB controls six ministries in her administration.
Brazil’s biggest political party has left the governing coalition, delivering a major blow to President Dilma Rousseff just weeks before she faces an impeachment vote in Congress.
The Brazilian Democratic Movement Party, known as the PMDB, approved the motion Tuesday in Brasilia at a meeting of its national directorate that lasted less than 10 minutes. Senator Romero Juca said party members can no longer hold positions in Rousseff’s government. The PMDB controls six ministries in her administration.
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Turkey’s central bank, in a surprise decision, cut its overnight lending rate by 25 basis points to 10.5 percent. It was the first cut since February 2015 and it follows a chorus of calls from top politicians to revive the economy with lower borrowing costs. President Recep Tayyip Erdogan, his top advisers and a former economy minister have all over the last week called on the bank to lower the overnight rate, saying high borrowing costs were slowing growth and fueling inflation.
The bank said its first rate cut in more than a year was a “measured step” to meet its earlier pledge to abandon a three-rate interest rate corridor in favor of a single-rate policy. “The decision is a sign of loosening in monetary policy even as the central bank says liquidity will be kept tight,”
The lira trimmed losses seen immediately after the decision and was trading 0.3 percent lower at 2.8836 per dollar at 2:47 p.m. in Istanbul.
Turkey’s central bank, in a surprise decision, cut its overnight lending rate by 25 basis points to 10.5 percent. It was the first cut since February 2015 and it follows a chorus of calls from top politicians to revive the economy with lower borrowing costs. President Recep Tayyip Erdogan, his top advisers and a former economy minister have all over the last week called on the bank to lower the overnight rate, saying high borrowing costs were slowing growth and fueling inflation.
The bank said its first rate cut in more than a year was a “measured step” to meet its earlier pledge to abandon a three-rate interest rate corridor in favor of a single-rate policy. “The decision is a sign of loosening in monetary policy even as the central bank says liquidity will be kept tight,”
The lira trimmed losses seen immediately after the decision and was trading 0.3 percent lower at 2.8836 per dollar at 2:47 p.m. in Istanbul.
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Brazil is moving closer to unwinding a measure designed to shore up the nation’s currency as speculation President Dilma Rousseff will be impeached sparks a rally in the real. On Friday, the central bank said it will offer up to 20,000 foreign-exchange reverse swap contracts, which are equivalent to buying dollars in the futures market. The auction, which will take place Monday, will be the first since March 2013 and mark a turnaround of Brazil’s policy of using the swaps to help bolster the real. The shift comes as the growing push to oust Rousseff helps make the real the best-performing currency in the world this year. The tender has soared 9.4 percent against the dollar, part of a surge in Brazilian assets fueled by bets the president’s departure would lead to a new government that can pull the country out of its deepest recession in more than a century. While the real pared its advance Friday amid speculation Brazil would change its currency policy, more gains are likely going forward, said Leonardo Monoli, a partner at Jive Asset Gestao de Recursos in Sao Paulo. On Thursday, Brazil’s central bank said it saw room to partially unwind its swaps program. It has used the contracts to provide local investors and companies with a way of hedging against a sharp decline in the currency. The real sank 33 percent last year as Brazil lost its investment-grade rating and inflation accelerated to more than 10 percent.
Brazil is moving closer to unwinding a measure designed to shore up the nation’s currency as speculation President Dilma Rousseff will be impeached sparks a rally in the real. On Friday, the central bank said it will offer up to 20,000 foreign-exchange reverse swap contracts, which are equivalent to buying dollars in the futures market. The auction, which will take place Monday, will be the first since March 2013 and mark a turnaround of Brazil’s policy of using the swaps to help bolster the real. The shift comes as the growing push to oust Rousseff helps make the real the best-performing currency in the world this year. The tender has soared 9.4 percent against the dollar, part of a surge in Brazilian assets fueled by bets the president’s departure would lead to a new government that can pull the country out of its deepest recession in more than a century. While the real pared its advance Friday amid speculation Brazil would change its currency policy, more gains are likely going forward, said Leonardo Monoli, a partner at Jive Asset Gestao de Recursos in Sao Paulo. On Thursday, Brazil’s central bank said it saw room to partially unwind its swaps program. It has used the contracts to provide local investors and companies with a way of hedging against a sharp decline in the currency. The real sank 33 percent last year as Brazil lost its investment-grade rating and inflation accelerated to more than 10 percent.
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The intrigue is back in Russian monetary policy after the central bank kept its benchmark interest rate unchanged for a fifth meeting and warned that its “moderately tight” monetary policy may last longer than previously planned. Policy makers declined to take a more dovish turn as they kept the one-week auction rate at 11 percent on Friday. While that came as no surprise to 35 of 42 economists in a Bloomberg survey, the rhetoric caught many off guard. Coming off a surprise warning in January that policy may be tightened if inflation risks intensify, Governor Elvira Nabiullina said the central bank now wants to avoid increasing borrowing costs, calling for a monetary stance that eschews “sharp moves” in either direction. “Moderately tight monetary policy doesn’t necessarily mean an increase and not necessarily keeping rates on hold,” Nabiullina told reporters in Moscow after the decision. “If your actual inflation will be declining faster, then moderately tight policy will remain in place even with some decrease in rates.”
The intrigue is back in Russian monetary policy after the central bank kept its benchmark interest rate unchanged for a fifth meeting and warned that its “moderately tight” monetary policy may last longer than previously planned. Policy makers declined to take a more dovish turn as they kept the one-week auction rate at 11 percent on Friday. While that came as no surprise to 35 of 42 economists in a Bloomberg survey, the rhetoric caught many off guard. Coming off a surprise warning in January that policy may be tightened if inflation risks intensify, Governor Elvira Nabiullina said the central bank now wants to avoid increasing borrowing costs, calling for a monetary stance that eschews “sharp moves” in either direction. “Moderately tight monetary policy doesn’t necessarily mean an increase and not necessarily keeping rates on hold,” Nabiullina told reporters in Moscow after the decision. “If your actual inflation will be declining faster, then moderately tight policy will remain in place even with some decrease in rates.”
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China's Premier Li Keqiang defended the government's economic policies on Wednesday, vowing there would be no mass layoffs and no hard landing for the world's second-largest economy even as the government presses ahead with painful reforms. "We are confident that as long as we continue to reform and open up, China's economy will not suffer a hard landing," "Instead of resorting to massive stimulus measures, we have chosen a more sustainable but more painful economic path, pursuing structural reforms," he said. The government has set a growth target of 6.5-7 percent for 2016 and is widely expected to continue a year-long stimulus blitz to spur activity, ranging from higher spending on infrastructure projects to more interest rate cuts.
China's Premier Li Keqiang defended the government's economic policies on Wednesday, vowing there would be no mass layoffs and no hard landing for the world's second-largest economy even as the government presses ahead with painful reforms. "We are confident that as long as we continue to reform and open up, China's economy will not suffer a hard landing," "Instead of resorting to massive stimulus measures, we have chosen a more sustainable but more painful economic path, pursuing structural reforms," he said. The government has set a growth target of 6.5-7 percent for 2016 and is widely expected to continue a year-long stimulus blitz to spur activity, ranging from higher spending on infrastructure projects to more interest rate cuts.
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Secondo lo studio di Goldman Sachs la middle class con un reddito medio di 11.000 dollari (circa 35.000 in PPA) è il 19% della working class, più o meno150 milioni di persone. Un numero coerente con la variabile nuovi ricchi inserita nel rapporto Esportare la dolce vita del CSC
Secondo lo studio di Goldman Sachs la middle class con un reddito medio di 11.000 dollari (circa 35.000 in PPA) è il 19% della working class, più o meno150 milioni di persone. Un numero coerente con la variabile nuovi ricchi inserita nel rapporto Esportare la dolce vita del CSC
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