Identifier
Created
Classification
Origin
09SAOPAULO164
2009-03-23 16:02:00
UNCLASSIFIED
Consulate Sao Paulo
Cable title:
MEDIA REACTION: GLOBAL ECONOMY: FINANCIAL MARKET CRISIS;
how-toVZCZCXYZ0007 OO RUEHWEB DE RUEHSO #0164 0821602 ZNR UUUUU ZZH O 231602Z MAR 09 FM AMCONSUL SAO PAULO TO RUEHC/SECSTATE WASHDC IMMEDIATE 9035 INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE RUEHBR/AMEMBASSY BRASILIA PRIORITY 0183 RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9072
UNCLAS SAO PAULO 000164
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;
ENVIRONMENT; SAO PAULO
"Dollar's privilege"
Editorial in liberal Folha de S. Paulo (3-23) states: "The
devaluation of the U.S. dollar accentuated in the world last week,
led some analysts to wonder that the U.S. currency might suffer a
speculative attack.....Nevertheless, there are elements to believe
that the U.S. economy remains protected, at least to this kind of
discredited manifestation."
"Do as I say"
Op-ed in liberal Folha de S. Paulo (3-23) by former Brazil's
Environment Minister Marina Silva says: "In his meeting with
President Barack Obama, President Lula asked to the U.S. president
for a fast adhesion to the Biodiversity Convention, renegade by
George Bush. The request comes in timely, as in 2010 the payment
system for biodiversity use, which will generate resources for
preservation in mega diverse countries like Brazil, comes into
force. The problem is that most of the times, we [Brazil] have a
correct and bold external stance but domestically we don't do the
homework well. Brazil ratified the Convention in 1994 and so far we
do not have a law to regulate the access to genetic resources."
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