Thursday, September 1, 2016 Chinese whispersBy Michael Soltys / Senior EditorG20 summit preceded by Brazil´s upheavalToday’s column finds President Mauricio Macri in Qatar, venue of the 2022 World Cup when Macri could still be president. What is guaranteed is that Dilma Rousseff will not be Brazil’s president for the next World Cup in Russia. Despite the orthodox image enjoyed abroad by Macri and Michel Temer (formally Brazil’s president as from yesterday after three months as a caretaker), both have subordinated taming the deficit to other priorities. Firstly, 600 million — the number of Chinese raised above the poverty line in the last quarter-century (20 times the equivalent Brazilian figure), which falls just short of being Latin America’s entire population (640 million, according to the United Nations). These opinions respectively betray Prat-Gay’s desperation to reflate a static economy and Sturzenegger’s determination to keep interest rates ahead of inflation.

Source: Bueno Aires Herald September 01, 2016 03:11 UTC