Identifier
Created
Classification
Origin
09SAOPAULO156
2009-03-19 20:16:00
UNCLASSIFIED
Consulate Sao Paulo
Cable title:  

Media Reaction - G-20 Finance Ministers' Meeting; Western

Tags:  KMDR OPRC OIIP XM XR XF BR 
pdf how-to read a cable
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DE RUEHSO #0156 0782016
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O 192016Z MAR 09
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 9028
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 0178
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9070
UNCLAS SAO PAULO 000156

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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 - G-20 Finance Ministers' Meeting; Western
Hemisphere: Venezuela, Chvez; Sao Paulo; March 17, 2009

Title- Lack of definitions in the G20

Editorial in center-right O Estado de S. Paulo (3-17) states:
"Finance ministers from the G20 announced they are willing to do
everything needed to fight the crisis and establish world economy
growth but made few commitments as far as immediate action plans [in
the preparation meeting that took place last weekend]....the deal
related to the urgency of reinforcing the IMF's and other
multilateral institution's cash was the most promising result of the
meeting...."

Title- Chavez expropriates opposition power in states

Editorial in business oriented Valor Economico (3-17) says: "Since
the opposition took over in five states and Caracas' city hall,
Venezuela's President Hugo Chavez has been making systematic efforts
to take away all the power they have....There are serious doubts
whether Chavez will know how to face his challenges and re-orient
the economy in an era of lower revenues and expenditures. The
president wisely prefers pyrotechnics and, at some point, they will
not be sufficient to block the emergence of a severe economic
crisis, which might be very expensive to him."
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