Brazzil

Quote”

Obama could ideally offer Lula a figure such as US$ 20 billion to be paid out over a period of twenty years in exchange for long-term oil supplies from Brazil
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Oh really…. Charge them the highest possible oil price, and then some. Brasil only needs to stay on its current course, diversifying its international partners and less on the US, an unreliable declining economy.

Costinha

sure...some DISCOUNT !
Brazil is not alone on earth producing oil...to my knowledge !
And sadly your ocean of oil lies very deep in the ocean with an additional 3000 m of hard salt coverage.

Not cheap production cost compared to OPEC, Russia and many other oil producing nations outside OPEC.

Should Brazil join OPEC in a few years time ? Ohhh sure.
It will be interesting to see what Brazil will say when they will be told TO REDUCE THEIR PRODUCTION !!!!!!

And if these fields produce oil, will this reduce or increase the world oil production CAPACITY ?

SOMEWHAT FUNNY....that the China deal on the $ 20 billion with Petrobras has not been published...IN DETAILS !
Do you imagine China OFFERED this deal with a OIL PRICE DISCOUNT OR PREMIUM...ON FUTURE OIL PRODUCTION ?

Who has watched on Brazilian TV the Ohhlala and Bear Hug ?
Funny...I must say.

- Bear Hug of course talked about ETHANOL. And also said the HE wishes Ohhlala to use a ethanol powered car on his next visit to Brazil and see how great it is.
Ohhlala said with a big smile that it looks like Bear Hug talked to his (Ohhlala) wife.
And that actually he OWNED a flex fuel car before being elected.

I could not stop laughing of how idiot Bear Hug was. As if it is so exceptional only in Brazil. In Europe....most cars can use...ethanol- gasoline mixture...or gasoline only. Hey hey Idiot Bear Hug

Ohhlala then said the problem in America was more due the lack of gas stations offering ethanol-gasoline mix...not the quantity that could be produced)

As to the ethanol import tax, Ohhlala added....it is not going to change overnight.

Later on the Q&A with reporters, one of them asked once more on why the USA has such an import tax for ethanol.

I wished Ohhlala would have answered....then why Brazil has a 100 % import tax of cars made in the USA.
He did not....unfortunately. Smile.

Fact is that a 54 U.S. cents tax per gallon on ethanol...is a LOT cheaper than 100 % tax on imported cars...made either in the USA...or elsewhere.

Because then lets apply the Brazilian theory : buy from where it it cheaper to produce...and charge no tax as Brazil theory proposes.

You could then close MOST OF your textiles/clothes plants. Much cheaper
to import from China.
Close most of your (foreign)cars/trucks/tractors plants. Much cheaper to import cars from the USA, Europe, Japan, South Korea and....CHINA !

Just imagine where Brazil would only be competitive : grains, coffee, orange juice, cotton, cocoa, iron ore, meats, sugar and ethanol !!!!!!!

WHAT ELSE ? Who could add goods to that list ?????????????

Not even your steel industry is....COMPETITIVE !

Lets face it, Brazil wants FREE TRADE AS PER BEAR HUG CHEATINGS STATEMENTS.
Thus lets do....FREE TRADE....BOTH WAYS...NOT ONE WAY TRADE...AS BEAR HUG HAS IN ITS MIND !

YOUR CURRENCY WOULD THEN GO TO 5.00 PER U.S. dollar.
And then you will be.... PRICE COMPETITIVE...EVENTUALLY.

There was None. Just a shake hands.
Bear Hug can only bestows abraçaos in his own country, eventually to Chavez !
Doubtful Merkel, Sarkozy, Gordon Brown or the leaders in China would accept it !!!!!!!




Nooooooo doubt COHA is financed by an illegal Brazilian Caïxa 3,4 or 5 !

Doubtful Merkel, Sarkozy, Gordon Brown or the leaders in China would accept it

BUT...BUT...BUT... Merkel may like the Bear-Hug, like Cristina does.

This article is full of baloney. The article fails to give credit to the Military government that was responsible for developing the Ethanol program to run the automobiles after the "Oil Shock" of the 70´s and early 80´s.

If Brasil is what it is now in terms of "OIL POWER", the credit goes to Gen.Geisel and Gen. Figueiredo who were our ex-presidents. Gen.Geisel was also an ex-President of PETROBRAS.Does anybody remember these two gentlemen? Surely not, because they never competed for the title of "Father of alternative energy source".

One detail missing about the meeting: the Sean Goldman case, the boy who was kidnapped by his Brazilian mother. The stepfather refuses to return him to his biological father. This case an area discussed by the two presidents and is bound to become a major point of stress between the two countries.

You missed one obvious item that it is cheaper for Brasil to produce as well as being substantively more "competitive" our dear esteemed ch.c, and that would be "Nuts".

One detail missing about the meeting: the Sean Goldman case, the boy who was kidnapped by his Brazilian mother. The stepfather refuses to return him to his biological father. This case an area discussed by the two presidents and is bound to become a major point of stress between the two countries.

The protest march planned fizzled out as they were expecting 200 people in D.C and less than 100 turned out! Goldman wasn't even there!! What a solidarity Goldman´s friends (both American and Brazilian Ex-pats in U.S) demonstrated in favor of little Sean!!!! Pathetic.

http://www.conjur.com.br/2009-...gular.pais

Of course, in favor of Sean staying in the only home he knows... Brasil.

I came out in one of the Globo cover of the event. Let justice be served!

Costinha

on your "The article fails to give credit to the Military government that was responsible for developing the Ethanol program to run the automobiles after the "Oil Shock" of the 70´s and early 80´s."

So right !
You get my applauses.

And how did ethanol ended ? smiles.
I just remind you that today to make the US$ 40.- top oil prices in 1980, this is the equivalent of US$ 80.- today...after inflation !

This time is different, as Brazilians usually say !

Quite sad, they said the same in 1980 !
All world oil "experts" agreed to that by 2010 there would be a shortage of oil worldwide. In those days they were already in the POP Peak Oil Production, not in the POP Peak Oil Price theory !
History has proven how these "experts" were right from 1980 to 2000 !

There are new oil discoveries quite regularly, until proven otherwise.
Or are the vast brazilian oil discoveries just another mirage and not miracle.
Exxon just found another area very close to the Tupi field, where reserves could add another 80 billion barrels or so to the existing potential of 80 billion barrels or so in the Tupi fields.
News published 2 days ago.

Better yet, Venezuela, just increased their PROVEN reserves 14 % to 172 billion barrels.
Does that make them more wealthy ? yesssss...because they cant produce anything else....until proven otherwise !

Same for Brazil to a large but smaller extend.
Because by now TWO THIRD OF BRAZILIAN EXPORTS ARE....COMMODITIES !
And most of your NON commodities exports (even those not exported...by the way) are made by foreign companies...IN BRAZIL !

Sad truth ! I know that truth always hurt losers ego and nationalism !

Still...that remains the truth...wether losers like it or not....until proven otherwise !

The previous exchange represents yet another instance of the typical compassionate, gentile terminology from the notorious Swiss Lord, which all of us have grown to love…

Sad truth ! I know that truth always hurt losers ego and nationalism !
Still...that remains the truth...wether losers like it or not....until proven otherwise !

Given the persistent usage of these kind words (everywhere in Brazzil.com), I have taken the liberty to engage into the pursuit of “clarification” for such superior wisdom and secure helpful “definitions” thereby shedding light upon the full intent of our esteemed fellow blogger.

LOSER:
- One that fails consistently, especially a person with bad luck or poor skills
Alternatively, one might use, informally…
- A person or thing that seems destined to fail

TRUTH:
- The quality of being true, genuine, or factual
Better yet, specifically…
- A proven or verified fact, principle

EGO
- In psychoanalysis, the division of the psyche that is conscious, most immediately controls thought and behavior, and is most in touch with external reality.
More specifically, to fit our dear friend’s purposes…
- An exaggerated sense of self-importance; conceit.
- Appropriate pride in oneself; self-esteem.

With these enlightening definitions, we are now in a position to fully comprehend the kind intent of such an illustrious, noble and superior critic.
Clearly we all appear to be a group of conceited South Americans, who exaggerate our sense of self-importance, while overlooking the proven fact that we consist nothing short of a “people” destined to fail.

Now that we fully comprehend the extent of our sordid condition, as perceived from the Swiss standpoint, I daresay we must further our research in order to fully grasp and appreciate the nature of such thoughtful assessment.

EXTRAPOLATION
- To infer or estimate by extending or projecting known information.
Taking statistics into consideration, the superior European mind might prefer…
- To estimate (a value of a variable outside a known range) from values within a known range by assuming that the estimated value follows logically from the known values.

ASSUMPTION
- Something that is taken for granted
Interestingly, it further defines it in a way others might appreciate
- Presumption; arrogance.

Therefore, we must continue the pursuit of understanding…

ARROGANCE
- overbearing pride evidenced by a superior manner toward inferiors (haughtiness, hauteur, high-handedness

These enlightening definitions lead nowhere but into the following final concepts, which emerge naturally, like a lovely flowing river as depicted in a graceful European landscape…

SELF-DELUSION
- The act of deluding one's self, or the state of being thus deluded
DELUSION
- In psychoanalysis, an erroneous belief that is held in the face of evidence to the contrary

The previous exchange represents yet another instance of the typical compassionate, gentile terminology from the notorious Swiss Lord, which all of us have grown to love…

AND, how can be sure that our "Swiss Lord" is not a good Brasilian by heart and soul? He has a very good grasp of our culture, history and the economic evolutions, like Gilbertos have