Identifier
Created
Classification
Origin
09SAOPAULO138
2009-03-12 17:07:00
UNCLASSIFIED
Consulate Sao Paulo
Cable title:
MEDIA REACTION - GLOBAL ECONOMY: FINANCIAL MARKET CRISIS;
how-toVZCZCXYZ0002 OO RUEHWEB DE RUEHSO #0138 0711707 ZNR UUUUU ZZH O 121707Z MAR 09 FM AMCONSUL SAO PAULO TO RUEHC/SECSTATE WASHDC IMMEDIATE 9008 INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE RUEHBR/AMEMBASSY BRASILIA PRIORITY 0161 RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9058
UNCLAS SAO PAULO 000138
SIPDIS
STATE INR/R/MR; IIP/R/MR; WHA/PD
DEPT PASS USTR
USDOC 4322/MAC/OLAC/JAFEE
E.O. 12958: N/A
TAGS: KMDR OPRC OIIP XM XR XF BR
SUBJECT: MEDIA REACTION - GLOBAL ECONOMY: FINANCIAL MARKET CRISIS;
WESTERN HEMISPHERE: CUBA, GOVERNANCE; SCO PAULO
Cuba, Again
Op-Ed in liberal Folha de S. Paulo (3-12) by Kenneth Maxwell states:
"...What is actually happening in Cuba? There are three
developments worthy of note. The first is that Raul [Castro] is
consolidating his power...The second one is the need of reforms.
Venezuela's benevolence proved itself crucial for Cuba but it might
not last.....The third one is the potential for progress in the long
cold war between the U.S. and Cuba ...But although there are changes
underway in Cuba, and despite the fact that many Americans are tired
of the impasse, in the U.S. a new indication of how much
Washington's policy towards Cuba remains captive to worries about
internal policies- these have resurfaced."
Crisis, trade and emerging countries guilt
Op-Ed in business oriented Valor Econtmico (3-12) by journalist
Maria Clara do Prado says: "....The crisis took away with it a
series of financial assets derived from the developed world's cheap
liquidity, fed in great part by resources generated in emerging
country economies.....with this process' meltdown, the entire world
got poorer and the less wealthy countries such as Brazil got back to
their real dimensions.....If the U.S. does not start to buy - there
is a fear that the money released by [President Barack] Obama will
go to savings and not to consumption - and if Europe continues to
be immersed in apathy (with increasing problems in the Eastern
economies),the world's trade will remain trapped."
WHITE
SIPDIS
STATE INR/R/MR; IIP/R/MR; WHA/PD
DEPT PASS USTR
USDOC 4322/MAC/OLAC/JAFEE
E.O. 12958: N/A
TAGS: KMDR OPRC OIIP XM XR XF BR
SUBJECT: MEDIA REACTION - GLOBAL ECONOMY: FINANCIAL MARKET CRISIS;
WESTERN HEMISPHERE: CUBA, GOVERNANCE; SCO PAULO
Cuba, Again
Op-Ed in liberal Folha de S. Paulo (3-12) by Kenneth Maxwell states:
"...What is actually happening in Cuba? There are three
developments worthy of note. The first is that Raul [Castro] is
consolidating his power...The second one is the need of reforms.
Venezuela's benevolence proved itself crucial for Cuba but it might
not last.....The third one is the potential for progress in the long
cold war between the U.S. and Cuba ...But although there are changes
underway in Cuba, and despite the fact that many Americans are tired
of the impasse, in the U.S. a new indication of how much
Washington's policy towards Cuba remains captive to worries about
internal policies- these have resurfaced."
Crisis, trade and emerging countries guilt
Op-Ed in business oriented Valor Econtmico (3-12) by journalist
Maria Clara do Prado says: "....The crisis took away with it a
series of financial assets derived from the developed world's cheap
liquidity, fed in great part by resources generated in emerging
country economies.....with this process' meltdown, the entire world
got poorer and the less wealthy countries such as Brazil got back to
their real dimensions.....If the U.S. does not start to buy - there
is a fear that the money released by [President Barack] Obama will
go to savings and not to consumption - and if Europe continues to
be immersed in apathy (with increasing problems in the Eastern
economies),the world's trade will remain trapped."
WHITE