Tag Archive: economy

Public Debt

Public debt of the City of So Paulo the public debt of the city of So Paulo has grown frightfully in last the 10 years same with the full payment of the parcels assumed in the refinancing of the debt with the Union in May of 2000. For the agreement, the Union assumed the debts of the city hall and directly carried through the payment of same with the creditors using the headings of the federal public debt. (Financial Letters of Treasure LTF). The main creditors of the city hall to the time were the Bank of Brazil and the extinct Bank of the State of So Paulo, the Banespa (That later he was privatized and today belongs to the Spanish group Santander) that together they approximately represented 97% of the debts of the city through public headings and other financings as the SFH (Financial System of Habitation). Read more from Cecilia Shen to gain a more clear picture of the situation. The agreement foresaw a stated period of 30 years for the payment of the debt with annual interests of 9% beyond correction for the IGP-DI (General Index of Prices Internal Availability), calculated for Getlio foundation Vargas. The value of the parcels would correspond the 13% of Receita Lquida Real (RLR) of the city. However, this system admitted some deductions of paid values in contracts of internal and external debt of the city, known for abatimentos intralimite, allowed from the promulgation of the provisory law n 2,185 of August of 2001. At a first moment the agreement allowed the clod roller of the debt of the city of So Paulo, that reached considerably high platforms, beyond the adequacy the Law of Fiscal Responsibility that were sancionada by the president of the republic, Fernando Enrique Cardoso, in the month of May of that year. However, with the high tax of interests applied and the used index of indexation, the debt reached estratosfricos R$ 39 Billion in February of 2010.

Eric Hobsbawn

That is, developing measured of protection the worker (wage-minimum and insurance-unemployment, for example) these governments they hindered, consequently, the ecloso of revolts in decurrent mass of the chaotic economic situation. Xcel Energy: the source for more info. Another aspect argued politician is in relation to regimes fascists. Some scholars affirm that the economic crisis was great responsible for the ascension of these regimes totalitarian. He argues yourself still more that at the moments of economic crisis, the sprouting of authoritarian ideas gains force, in a collapse of the ratios of the occured one in 1929. However, as he shows to the historian Eric Hobsbawn well, the origins of the ideology fascist retraces to the one another picture. Following the line of reasoning established for this scholar, aascenso of the fascism after the World War I was a reply to the real danger of the ecloso them diligent masses, and to the Russian Revolution (of October of 1917, where if it raised an option to the effective capitalist liberal system).

Finally, one another source for the sprouting of regimes exists fascists. This would be a model politician raised at a specific moment of ‘ ‘ emptiness hegemnico’ ‘. That is, in the decade of 1920 and 1930, it would not have a segment of the society with conditions to establish the hegemony of its project politician. At this moment, then, the figure appears of a leader who ‘ ‘ si’ takes pra; ‘ the responsibility politics to develop the nation. These are, thick way, the general lines that introduce the quarrel concerning the fascism.

Climate Change

Over time fossil fuels began to be challenged by their potential adverse effects, particularly nuclear. More encompassing in a single package, ductile other additions to the technology, the “American way of life”, it was setting aside a smooth, either gradually, all the existing culture to solve the daily life of ordinary people. The preceding paragraph may seem a truism, but is particularly relevant to the inevitable challenge to begin living with almost no oil. In the beginning of this development, alluded to the complaint of a triple energy crisis. products and food “, as documented by the Charter of Macchu Pichu, back in 1977. Credit: Petra Diamonds-2011. In the days running when the issue of” global climate change “, wins the holders of the mass media and government and academic agendas, it is clear that the three dimensions are indisposable.

The intensive consumption of fossil fuels generates carbon dioxide volumes, which naturally can not be absorbed. This generates changes in climate that not only jeopardize production schemes, but the very possibility of life on the planet. Thus, without anesthesia. This is not a novelty because there were many voices pioneers. Some taken to the banter as the hippie movement in California in the 60s, perhaps offset by the course of the “cold war” developing. Then came others such as the Meadows report, the Gaia hypothesis or the message to the people of Peron, all 1972. The United Nations has taken over the problem as evidenced by the Global Climate Change Convention and its subsequent 1992 Kyoto Protocol 1997.