Brazil’s Rousseff Begins Pro-Market Transition

first_img Brazilian President-elect Dilma Rousseff has named a pro-market transition team as she prepares to lead a powerful economy at risk from high government spending and an overvalued currency. Rousseff, who based her campaign on continuing the legacy of President Luiz Inácio Lula da Silva, won her first election on 31 October, when Brazilians voted by a wide margin in favor of continuity. After a bitter campaign in which she offered few specifics about her policies, Lula’s former cabinet chief chose a seven-member transition team, made up chiefly of moderate elements of her leftist Workers’ Party (PT), a close advisor told Reuters. The chief figure among them is Antonio Palocci, a respected former treasury minister in Lula’s administration who is popular on Wall Street and who will probably have a prominent role in Rousseff’s administration, perhaps as cabinet chief. Also prominent are, among others, José Eduardo Dutra, president of the PT and former chief executive of the state-owned petroleum firm Petrobras; Fernando Pimentel, former mayor of Belo Horizonte; and Marco Aurelio Garcia, a foreign policy adviser to Lula. One of Rousseff’s first challenges when she takes office on New Year’s Day will be dealing with the Brazilian real, which is at its highest level against the dollar in two years and is affecting exports. In a series of interviews with television stations, Rousseff said that there is evidence that there is a foreign-exchange war going on in the world and that it is the task of international institutions to ensure that countries do not maintain devalued currencies. “I start to devaluate, another country starts to devaluate, and this blocks trade (…) it creates a trade war,” the president-elect maintained. Rousseff affirmed that her administration will maintain the policy of setting a target for inflation. “We’re not going to play around with inflation,” she said in a television interview prior to taking several days off after the exhausting four-month election campaign. By Dialogo November 03, 2010last_img read more

Top shot Tavares Finson thrills

first_img Sub Junior B Sub Junior A Darren Gordon (44) Shoot off win Rajhir DaCosta (44) Raheed DaCosta (43) Junior B Young marksman Roman Tavares-Finson was unstoppable with close-to-perfect shooting, setting the stage with a brilliant 49 of 50 birds, which saw him claim the High Overall Champion spot at the Digicel Inter-School Clay 50 Birds Championship on Sunday at the Jamaica Skeet Club in Portmore, St Catherine. The 13-year-old, who was claiming his first major title, missed just one target on his way to upstaging a very compact field. In the Super Six round, he hit a table-topping 64 birds. The Hillel Academy standout shooter scored 15 in the Super Six to lead his school to a winning score of 215, a seven point advantage over the American International School of Kingston (AISK), which shot 208, and Champion College 204 in third. Jamaica College finished fourth with 176 points. “I have won a couple times, but not as big as this one, I guess it was more of adrenaline happening. I am very happy with the win,” he told The Gleaner. Roman, the son of prominent lawyer and government senator, Tom Tavares-Finson, said the course was a challenging one. “If I thought about it in my head, I wouldn’t have done it, so I just maintained my momentum and concentrated,” he said. The competition saw more than 70 upcoming junior shooters give a good account of themselves, with Jamaica Skeet Club president Khaleel Azan giving them much credit. “I didn’t think we would have more than a high score of 45, Roman shot 49, and this gives me an idea of where we are and how we are really achieving a lot from year to year, and where we go and how we are to overseas standards,” Azan noted. “I think we are getting closer.” He also credited second overall runner-up, Danzel Knight, who bravely shot with a broken hand. Meanwhile, the category winners received $1,500 credit from main sponsor Digicel along with their other prizes. The Super Six top finishers were Roman Tavares-Finson (64), Zachary Chen (58), and third Danzel Knight (58). Jonah Subaran scored 56, followed by Zachary Lazarus and Mark Desnoes 55, respectively. Peter Mahfood hit 52 and Zachary Duncan was the next best with 51. Zack Lazarus (42) Shoot off Second Zachary Duncan (42) Shoot off Third Sebastian Levy (41) First Jordan Vaz (47) Thomas Gore (45) Richard Todd (43) Juniors A Girls C Abigail McMaster (41) shoot off win Christina ChangPong (41) Kimberly McNally (39) Nikolai Azan (41) John Chin (38) Amir Azan (38) Adam Fletcher (39) Dylan Williams (37) Jack Tickle (35) Girls A Isabelle Chin (39) Leah Azan (36) Savannah Miller (30) Girls B Savannah Miller (45) Anna Issa (38) Annabelle Chung (37)center_img Sub Junior C Junior C Sub Junior Roman Tavares-Finson (49) Jonah Subaran (42) Mark Desnoes (42) Sub Junior D Danzel Knight (45) Zachary Chen (42) Peter Mahfood (42) Jonathan Ralston (49) Matthew Holness (40) Alexander Desnoes (33) Sub Junior E Class Winnerslast_img read more