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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (49630)5/5/2009 3:48:32 AM
From: elmatador  Respond to of 218137
 
I call it Repatriation. Done. See, inflation down. Interest rates down. Majority of the population in productive years and still with no burden of older population a.k.a Demographic Window.

This never happened in the Big Banana! (In Portuguese superlative Bananão

It is happening now.



To: Haim R. Branisteanu who wrote (49630)5/5/2009 5:34:05 AM
From: elmatador  Respond to of 218137
 
E.U. Says Europe Faces Deep Recession “The downswing is affecting not only all member states but also almost all demand components,” the report said, adding private investment in particular was suffering, reflecting depressed expectations of future demand as consumers reacted to a deteriorating job market.

ELMAT: BRICs need to start growing at the highest rates to pull OECD countries out of this nose dive;

OECD is coupled with emerging markets

E.U. Says Europe Faces Deep Recession
By MATTHEW SALTMARSH
Published: May 4, 2009
PARIS — The European Commission on Monday lowered its growth forecast for the European Union as a result of job losses, a weak housing market and a slump in global trade.

EU Commissioner for Economy and Monetary Affairs Joaquin Almunia addressed the media at the European Commission headquarters in Brussels on Monday.
The commission, the executive arm of the European Union, forecast in its spring quarterly economic forecasts that gross domestic product in both the European Union and the euro area would contract by 4 percent this year and by 0.1 percent next year.

The forecast was a revision of its previous prediction for a contraction this year of 1.8 percent and growth next year of 0.5 percent.

“The downswing is affecting not only all member states but also almost all demand components,” the report said, adding private investment in particular was suffering, reflecting depressed expectations of future demand as consumers reacted to a deteriorating job market.

Exports have contracted sharply as world trade flows dwindle.

The European Union has not yet released its estimates of first-quarter growth, but the report said data suggested a “further deterioration” for the period.

The more upbeat outlook for 2010 was based on the effect of tax and interest rate cuts and the stabilization of financial markets.

“The European economy is in the midst of its deepest and most widespread recession in the postwar era,” said Joaquín Almunia, the commissioner for monetary affairs. “But the ambitious measures taken by governments and central banks in these exceptional circumstances are expected to put a floor under the fall in economic activity this year and enable a recovery next year.”

To facilitate a recovery, Mr. Almunia said, authorities need to proceed rapidly “with the cleaning up of the ‘impaired assets’ on bank balance sheets and recapitalize banks when appropriate.”

Labor markets, which tend to react relatively slowly to changes in growth rates, will continue to be severely affected, the European Union said, with the unemployment rate expected to rise to 11.5 percent in the euro area next year, from 9.9 percent this year. The jobless rate in the region was 8.5 percent in February.



To: Haim R. Branisteanu who wrote (49630)5/6/2009 1:26:18 AM
From: elmatador  Respond to of 218137
 
CB sells USD to break BRL raise. Bovespa reached 35% gain in2009.

Mantega says: there is room to drop exchange rates further.

and

"The government has already taken the necessary measures to activate the economy," Mantega told Reuters in New York. "We don't foresee new tax breaks."

He added that he expects Brazil's real currency to remain at a "balanced" level that helps exporters.



To: Haim R. Branisteanu who wrote (49630)5/7/2009 9:56:39 AM
From: elmatador  Read Replies (1) | Respond to of 218137
 
Footballers want to be repatriated too!! Is it worth it to earn a bit less but to enjoy life with childhood friends and family? Is it worth it to earn a bit less but to enjoy life with childhood friends and family?

Don't even ask: I am not going to repatriate myself, yet...

The Ronaldo Effect: They All Want To Be Like Him,
May 06, 2009
Brought together to meet Equador and Peru for the World Cup qualifiers, Brazilian players huddle and chat about how wonderful it is for Ronaldo to be playing in Brazil. A debate gets going as to whether or not it's worth coming back to Brazil from Europe before getting to 30 years of age.

Is it worth it to earn a bit less but to enjoy life with childhood friends and family?

The final whistle of the qualifying matches goes and immediately Adriano announces that he will not be returning to Inter Milan and Europe. Could this be the "Ronaldo effect" in action?

Word is that Ronaldinho and Robinho are also thinking along similar lines. Ronaldo spreads the word that life is good.

"The Sao Paulo night life is great and I'm only 40 minutes by plane from Rio de Janeiro," he tells his friends by phone.

People close to Adriano have affirmed that Ronaldo's example played a part in his decision to trade Inter Milan for Flamengo and also trade the European leagues for the Brazilian championship.

Members of staff connected with Ronaldinho and Robinho have said, "Both dream of returning to Brazil with the same intensity with which once dreamt of leaving."

However the stumbling block for these two are the monumental contract fines which bind them. Wagner Ribeiro, who once worked for Robinho until his move to Manchester City describes the Ronaldo effect like this:

"Ronaldo showed the gang that you can return early and enjoy life back home".

Julio Mariz, the president of Traffic, talks of positive numbers back home: "I think the players really think about coming home early. Nowadays you can easily earn $75K a month playing in Brazil, there are some who earn $150K."

Ronaldo earns $200K tax free playing in Brazil. This figure can hit as high as almost $900K a month from shares in Corinthian's sponsorship funds.

Robinho, who has another three years to serve out his contract with Manchester City, earns about $700K a month. Robinho managed to triple what he earned at Real Madrid but is as unhappy with Manchester City as the club is with him no doubt.

Evandro Souza, a member of Robinho's staff, says Robinho's wish is to return to Santos but right now it is impossible. As far as Ronaldinho goes, well comments by his manager sums it all up.

"Brother, we're just fine ... there are 30 million Euros in play here!" said Ronaldinho's brother/manager Assis.

Ronaldino, just like Robinho and Adriano, also dreams of coming home but money, contracts and his brother seem to get in the way. One way or the other it seems the scene is set for some changes in world football as the Ronaldo effect grabs hold of Brazilians all over the world.