BLOOMBERG/ Hoping to energize Dilma Rousseff's lagging campaign to succeed him, President Lula da Silva has launched a massive $878 billion infrastructure upgrade with $530 billion earmarked for between 2011 and 2014. Rousseff is trailing behind Sao Paulo Governor Jose Serra in recent opinion polls.
“This is a purely political move,” said political consultant Bolivar Lamounier. “I believe the government conducted researches to assess the political gains this announcement could bring or it wouldn’t have announced it with such pomp.”
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: 23 Cops Get 156 Years In Jail For Carandiru Prison Massacre.
- ARGENTINA / USA / GHANA /GERMANY: UN Court Orders Impounded Naval Sailing Ship Freed.
- BRASIL / USA / MEDIA : Factoid: Lourdes Garcia-Navarro Heads For Rio...To Open NPR Bureau.
- RUSSIA / CHECHNYA : VIDEO/ FOTOS: 40 Story Grozny Skyscraper Burns.
- MEXICO / USA : Culiacan's Famous Narco Cemetery; Border Patrol Shoots It Out With Narcos.
- RUSSIA : Putin Says No Election Review Needed; Opposition Blogger Navalny Threatens to Form Party; Strategist Surkov Shuffled.
- CUBA / RUSSIA : Moscow To Write-Off Billions In Debt; Raul Jokes About Retiring.
- SLOVENIA / ECB / IMF : Is It Bank Bailout-Out Time In Ljubljana?
- USA / POLITICS : ANALYSIS: Romney Rope-A-Dopes With Obama In Foreign Policy Debate.