Identifier
Created
Classification
Origin
09SAOPAULO237
2009-04-22 16:02:00
UNCLASSIFIED
Consulate Sao Paulo
Cable title:  

MEDIA REACTION: AFRICA: SOUTH AFRICA, GOVERNANCE; GLOBAL

Tags:  KMDR OPRC OIIP XM XR XF BR 
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VZCZCXYZ0020
OO RUEHWEB

DE RUEHSO #0237 1121602
ZNR UUUUU ZZH
O 221602Z APR 09
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 9122
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 0272
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9122
UNCLAS SAO PAULO 000237

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: AFRICA: SOUTH AFRICA, GOVERNANCE; GLOBAL
ECONOMY: FINANCIAL MARKET CRISIS; WESTERN HEMISPHERE: CHAVEZ'S
POLICIES; SAO PAULO

"Banks still trapped in bad bonds"

Main editorial in business oriented Valor Econtmico (4-22) states:
"....banks are gaining time with the massive billion dollars in
government aid. Fundamentally, though, nothing relevant has changed
since the beginning of the rescue operation that started in
October....The situation of financial institutions, vital in this
crisis, has not improved almost anything."

"The single-party curse"

Editorial in liberal Folha de S. Paulo (4-22) notes: "In this
election [South Africa], an interesting development is taking place.
A dissident from Mandela's party, called Congress of the People
(Cope),has begun to break the monopoly of the African National
Congress (ANC) as the representative of a country with 79% of black
people in its population. Pools do not give Cope more than 15% of
vote intentions....but undoubtedly a force able to oxygenate
democracy in South Africa arises - and who knows, it might be able
to liberate it in the future from the curse of the single-party
government."

"Chavez's heavy hand"

Main editorial in center-right O Estado de S. Paulo (4-22) says:
""....Nowadays, in Venezuela, almost all radio and television
stations are directly or indirectly under the control of the
government, with only a few newspapers still resisting the
pressure.....Chavez controls the three branches of Government and
suffocates the opposition using his arbitrary powers. This is the
regime that is seeking entry into Mercosul, an association of
countries that....only accepts democratic regimes."
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