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Maílson Da Nóbrega
Maílson Ferreira da Nóbrega (Cruz do Espírito Santo, Paraíba, May 14, 1942) is a Brazilian economist. He was Finance minister in José Sarney's administration during a period of hyperinflation in the late 1980s. He is married and has five children. Career Nóbrega was an officer of the Bank of Brazil since 1963; he graduated in Economics in 1974 at the "Centro de Ensino Universitário de Brasília" (CEUB). In the late 1970s, he began a career in the Ministry of Finance; after holding several important positions, he was appointed Minister of Finance on January 6, 1988, after the resignation of Luiz Carlos Bresser-Pereira. In the Ministry of Finance Upon taking office, Nóbrega said that he would not neglect inflation control, that there would be no economic package or "heroic measures" and that he would try to renegotiate Brazil's external debt with international creditors on terms as favorable as those obtained by Mexico. However, it quickly became apparent that he would not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of The Economy (Brazil)
The Ministry of Economics ( pt, Ministério da Economia, links=yes) was created in 1808 with the title ''Secretaria de Estado dos Negócios do Brasil e da Fazenda''. The ministry is responsible for formulating and implementing the country's economic, fiscal and financial policy under the President's supervision. As of January 1, 2019, Paulo Guedes is the Minister of Economics. See also *List of Ministers of Finance of Brazil Notes and references Brasil Economy An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ... Brazil, Economy {{Brazil-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Senate
The Federal Senate ( pt, Senado Federal) is the upper house of the National Congress of Brazil. When created under the Imperial Constitution in 1824, it was based on the House of Lords of the British Parliament, but since the Proclamation of the Republic in 1889 and under the first republican Constitution the Federal Senate has resembled the United States Senate. The current president of the Federal Senate is Rodrigo Pacheco, a member of the Social Democratic Party from Minas Gerais. He was elected in February, 2021 for a two-year term. Membership The Senate has 81 members, serving an eight-year term of office. There are three senators from each of the country's 27 federative units, the Federal District and the 26 states. Elections are staggered so that either a third or two-thirds of senators are up for election every four years. The most recent election took place in 2018, where two-thirds of the Senate was elected. Electoral system Elections are held under the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fernando Collor De Mello
Fernando Affonso Collor de Mello (; born 12 August 1949) is a Brazilian politician who served as the 32nd president of Brazil from 1990 to 1992, when he resigned in a failed attempt to stop his impeachment trial by the Brazilian Senate. Collor was the first President democratically elected after the end of the Brazilian military government. He became the youngest president in Brazilian history, taking office at the age of 40. After he resigned from the presidency, the impeachment trial on charges of corruption continued. Collor was found guilty by the Senate and disqualified from holding elected office for eight years (1992–2000). He was later acquitted of ordinary criminal charges in his judicial trial before Brazil's Supreme Federal Court, for lack of valid evidence. Fernando Collor was born into a political family. He is the son of the former Senator and Leda Collor (daughter of former Labour Minister Lindolfo Collor, led by his father, former governor of Alagoas and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoliberalism
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas diminish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Devaluation
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a ''revaluation''. A monetary authority (e.g., a central bank) maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate. However, under a floating exchange rate system (in which exchange rates are determined by market forces acting on the foreign exchange market, and not by government or central bank policy actions), a decrease in a currency's value relative to other major curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Cruzado
The cruzado was the currency of Brazil from 1986 to 1989. It replaced the second Brazilian cruzeiro (1967–1986), cruzeiro (at first called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by the Brazilian cruzado novo, cruzado novo at a rate of 1000 cruzados = 1 cruzado novo. This currency was subdivided in 100 centavos and it had the symbol \mathrm\!\!\!\Vert and the ISO 4217 code ''BRC''. Coins Standard Stainless-steel coins were introduced in 1986 in denominations of 1, 5, 10, 20 and 50 centavos, and 1 and 5 cruzados, with 10 cruzados following in 1987. Coin production ceased in 1988. Commemorative Three designs of commemorative 100 cruzado coins, celebrating the 100th anniversary of the abolition of slavery in the country (the Lei Áurea), were produced in 1988. Although very rare in circulation, the numbers' design was carried over into both Brazilian cruzado novo, Cruzado Novo and the third Brazilian cruzeir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Cruzado Novo
The Cruzado Novo was the short-lived currency of Brazil between 15 January 1989 and 15 March 1990. It replaced the cruzado in the rate of 1000 cruzados = 1 cruzado novo. It had the symbol \mathrm\!\!\!\Vert and the ISO 4217 code ''BRN''. In 1990, the cruzado novo was renamed the (third) cruzeiro. This currency was subdivided in 100 ''centavos''. The redenomination was the result of Plano Verão, which would become one of several heterodox plans in an attempt to stabilize the currency, and the path of redenomination was used to try to circumvent possible legal challenges due to rights established in the currency at that time, as happened in the Bresser Plan. The method of monetary redenomination would be used again in 1990, when Fernando Collor de Mello assumed the presidency, and this redenomination to cruzeiro was on par with this currency then in circulation, despite the even darker effects of such an economic plan. Unlike the Cruzeiro Novo denomination of the late 1960s, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1989 Brazilian Presidential Election
Presidential elections were held in Brazil in 1989, with the first round on November 15 and a second round on December 17. They were the first direct presidential elections since 1960, the first to be held using a two-round system and the first to take place under the 1988 constitution, which followed two decades of authoritarian rule after the 1964 Brazilian coup d'état. The collapse of the military junta-imposed two-party system that pitted the right-wing authoritarian National Renewal Alliance (ARENA) against the catch-all Brazilian Democratic Movement (MDB) resulted in a wide array of new parties seeking to fill the political vacuum. President José Sarney of the PMDB, the MBD's successor, was ineligible to run. Sarney, who was elected Vice President on Tancredo Neves's ticket in the 1985 elections, had taken office due to Neves's death before his scheduled inauguration. Popular Governor of Alagoas Fernando Collor de Mello resigned from his position to mount a bid for the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El País
''El País'' (; ) is a Spanish-language daily newspaper in Spain. ''El País'' is based in the capital city of Madrid and it is owned by the Spanish media conglomerate PRISA. It is the second most circulated daily newspaper in Spain . ''El País'' is the most read newspaper in Spanish online and one of the Madrid dailies considered to be a national newspaper of record for Spain (along with '' El Mundo'' and ''ABC)''. In 2018, its number of daily sales were 138,000. Its headquarters and central editorial staff are located in Madrid, although there are regional offices in the principal Spanish cities (Barcelona, Seville, Valencia, Bilbao, and Santiago de Compostela) where regional editions were produced until 2015. ''El País'' also produces a world edition in Madrid that is available online in English and in Spanish (Latin America). History ''El País'' was founded in May 1976 by a team at PRISA which included Jesus de Polanco, José Ortega Spottorno and Carlos Mendo. The p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Brazil
The Central Bank of Brazil ( pt, Banco Central do Brasil) is Brazil's central bank. It was established on Thursday, 31 December 1964, a New Year's Eve. The bank is not linked to any ministry, currently being autonomous. Like other central banks, the Brazilian central bank is the principal monetary authority of the country. It received this authority when it was founded by three different institutions: the (SUMOC), the Bank of Brazil, Banco do Brasil (BB), and the . One of the main instruments of Brazil's monetary policy is the Banco Central do Brasil's overnight rate, called the SELIC rate. It is managed by Monetary Policy Committee (COPOM) of the bank. The bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration. during the 2011 AFI Global Policy Forum, Global Policy Forum i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rice And Beans
Rice and beans, or beans and rice, is a category of dishes from many cultures around the world, whereby the staple foods of rice and beans are combined in some manner. The grain and legume combination provides several important nutrients and many calories, and both foods are widely available. The beans are usually seasoned, while the rice may be plain or seasoned. The two components may be mixed together, separated on the plate, or served separately. Description The dish usually consists of white or brown rice accompanied by cooked brown, red or black dry beans (typically '' Phaseolus vulgaris'' or ''Vigna unguiculata'') and seasoned in various ways. This dish is also commonly served with sides of stewed chicken, pork, beef, potato salad, boiled potatoes, and many other sides from many different cultures. In many areas, beans and rice are often served side by side rather than combined. Either way, they may be considered a meal, frequently with a topping of meat or chicken. Meat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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