Industry Leaders Join Church to Pan Brazil’s Economic Policies

    The Industrial Federation of São Paulo (Federação das Indústrias do Estado de São Paulo) (Fiesp) has decided to endorse criticism by Brazil’s Confederation of (Catholic) Bishops (Confederação Nacional dos Bispos do Brasil) (CNBB) to the Brazilian government.

    CNBB’s general secretary, Dom Odilo Scherer, expressed discontent with the direction of the economy under the Lula administration, this week.

    "Fiesp applauds the recent declarations by Dom Odilo Scherer when he called Brazil a financial paradise for banks," says a note from the Fiesp President, Paulo Skaf.

    "The men who are making the country’s economic policy decisions are not bad men. But they are obsessed with a phantom that has long been taken care of: inflation.

    "These are new times. We need men with the courage and responsibility to reduce interest rates and increase income distribution," concluded Skaf.

    ABr

    Tags:

    • Show Comments (1)

    • Guest

      INCREASE Income distribution ????????
      Just as in the past and present ??????

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Lula and Dilma in Rio early 2010

    Opposition Keeps Going to Court with Charges Lula Is Illegally Campaigning

    Brazilian opposition parties (PSDB, DEM and PPS) have filed an appeal at the Superior ...

    Brazilian Journalist Wants UN Army to Protect World’s Forests

    To declare the world’s forest reserves and hydrographic basins as a humanity world heritage ...

    Brazilian sardines

    Overfishing Is Forcing Brazil to Import Seafood

    For long and for many Brazilian families sardine has a staple food and 100.000 ...

    Brazilian Top Unions Blast Copom for Not Cutting Interest Rates

    Brazil’s two biggest labor unions  in a note signed by their presidents,  have criticized ...

    88% of New Exporters in Brazil Are Micro and Small

    Among the 1,020 Brazilian companies that started exporting last year, around 900, or 88%, ...

    Dengue mosquito

    Dengue May Have Already Killed Over 50 People in Bahia, Brazil

    Dengue, the mosquito transmitted disease, which has caused havoc in the heartland of South ...

    Brazil Exports Grow 30% and Imports Reach Record

    With expectations that exports will reach US$ 95 billion and imports US$ 62 billion, ...

    Suspect Davi Liberato de Araújo

    Arrests Made in Case of Journalists Tortured by Brazilian Police

    A Brazilian man arrested on suspicion of being a member of a militia that ...

    Paulo Coelho

    In France, Australia, Spain, and Brazil, naturally, he has been a constant guest of ...

    US's National Security Agency

    Brazil-US Relations Worsen After Revelations of Washington Spying

    The Brazilian government intends to probe telecommunications companies operating in Brazil to find out ...