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:

Ads

You May Also Like

Brazilian prostitute

Memories of My Good Friend, a Brazilian Whore

I had not thought to publicize my stroll through the world of prostitution until ...

Priest, Superstar

Padre Marcelo is as far as you can be from a clergy generation that ...

Brazil Needs US$ 31 Billion to Finance Crop

Brazil’s Superior Council of Agriculture and Livestock Raising (Rural Brasil), integrated by representatives of ...

Brazilian community paper printed in the US East Coast

Brazil – Many Emigrants, Fewer Immigrants

In the late 19th and early 20th centuries an estimated 3.5 million people from ...

10 Years Later: Landless Massacre, Perfect Illustration of Brazil’s Impunity

Exactly ten years after the massacre of Eldorado dos Carajás, when the Brazilian Military ...

Brazil: Lessons for Living

At the Maanaim Center, in São Paulo, children are expected to maintain personal and ...

A New Book Shows Brazil’s Lula as a Foul-Mouthed, Ill-Tempered President

Two reporters credentialed with the Brazilian presidency have produced a book filled with little ...

Brazil’s Surplus at US$ 38 Billion for Last 12 Months

Brazil’s trade surplus (exports minus imports) amounted to US$ 3.452 billion in May, lifting ...

Brazilian Industry Raises Brazil’s 2006 GDP Growth Estimate to 3.7%

The Brazilian National Confederation of Industry (CNI) raised its estimate for this year’s growth ...

World Leaders Took Humility Tea, Says Brazil’s Lula After G-20 Summit

Brazilian President Luiz Inácio Lula da Silva went back to Brazil after two days ...