A Pep Talk from Kid President to You,by Soulpancake

                                             Keep going Mr Kid President,Wonderful!

                                          

IMF Reduces Growth Forecast for Brazil

The IMF reduced its growth forecast for Brazil in 2014 and 2015.

According to the IMF´s World Economic Outlook report which raises the global growth forecast, Brazil is set to grow 2.3% (revised from 2.5%) and 2.8% (revised from 3.2%) in 2014 and 2015 respectively. The report was released this morning.

The global economy is expected to grow 3.7% this year and 3.9% the next. According to the study growth in the United States looks "increasingly solid" and will be greater than Brazil´s over the next two years: 2.8% in 2014 and 3% in 2015.

China will moderate its growth at 7.5% this year and 7.3% the next. But the IMF says Chinese growth is still heavily driven by public investment as opposed to consumption.

The report also says that China needs to contain risks in its financial sector without reducing growth excessively. A "delicate balancing act" according to the study.

Emerging economies will be exposed to risks associated with capital flight towards the United States at the prospect of the US reducing its money creation (putting fewer dollars on the market) and higher interest rates.

But the Fund says that emerging markets will benefit from the economic recovery of richer nations.

Source:fohla.uol.internacional

Global Business Community Less Optimistic on Brazilian Economy

"In last year's survey, Brazilian executives were in fourth place in world optimism rankings, behind only the Russians, Indians and Mexicans. Forty-four percent of those interviewed expected short-term growth in their revenues.At least this is what the PricewaterhouseCoopers' 17th Annual Global CEO Survey suggests. The report, published on the eve of the opening at Davos, refers to data from the last trimester of 2013.

This year, Brazilian executives have fallen four positions. Optimism stands at 42%, leaving Brazil behind not only Russia, India and Mexico, but also South Korea, China/Hong Kong, the Association of South East Asian Nations (ASEAN) and Denmark. Brazil shares eighth position with Switzerland.

Still, this is not a bad result, considering that at 39%, the average global rating is below that of Brazil. However, optimism in Brazil is falling, while in the rest of the world it is increasing - last year's rating was 36%.

Executives were also asked in which three countries they would be most likely to invest, in order to increase their revenues. Their responses to this question also suggest that Brazil's fortunes are on the wane. Brazil has fallen three percentage points from last year, from 15% to 12%.

This loss of confidence affects not only Brazil, but emerging economies in general,with the exception of China.

PricewaterhouseCoopers interviewed 1,344 executives in 68 countries during the last trimester of 2013. The report has been traditionally published on the eve of the WEF, providing a reliable indicator of the general feeling there".

Source: BBC International

Ukraine President Offers Posts to Opposition Leaders

        According to a report from the Wall Street Journal, "President Viktor Yanukovych met with opposition leaders on Saturday and offered them concessions, including the possible resignation of his government, in a bid to end two months of antigovernment protests.
Mr. Yanukovych's control over parts of the country has slipped in recent days, as demonstrators in regional capitals in western and central Ukraine seized administration buildings. In the capital, protesters are occupying the central square and parts of roads leading to it, as well as a ministry and a city government building".

Late on Saturday, hundreds of protesters stormed Ukrainian House, a convention center around 100 meters from the main square, where they say riot police were hiding in preparation for an attack. Amid freezing temperatures, police inside fought back with stun grenades and sprayed water from fire hoses, as protesters smashed windows and launched fireworks. Clashes halted early on Sunday, after the attacking protesters agreed to negotiations with the riot police inside the convention center.

At the three-hour meeting on Saturday with the heads of the three main opposition parties, Mr. Yanukovych offered a raft of concessions, including dissolving his government if one of the opposition leaders, former Foreign Minister Arseniy Yatsenyuk, accepts the post of prime minister, Justice Minister Olena Lukash said after talks. Mr. Klitschko could become deputy prime minister for humanitarian affairs, Ms. Lukash added.

Speaking on the main square, opposition leaders presented Mr. Yanukovych's offer, the first major concessions since protests began, as a victory for protesters. But they said it wasn't enough, and that they wanted to see action from Mr. Yanukovych to back up his words, including the freeing of detained protesters.

"Do we believe him?" asked nationalist leader Oleh Tyahn "No!" answered the crowd. The crowd largely endorsed the opposition's call to push for better terms.

Still, Mr. Yanukovych's offer Saturday marks a significant change of tack after weeks of largely ignoring protesters and labeling them as "radicals."

Protesters distrust many leading figures in the political opposition, who did little to overhaul the country's economy and corrupt governance when they held power in the years before Mr. Yanukovych was elected in 2010. On Saturday night, opposition leader and former foreign minister Mr. Yatsenyuk was roundly booed by the crowd when he mentioned taking control of government.

As part of a package of concessions offered, Mr. Yanukovych's aides indicated he might be willing to reinstate the 2004 constitution, under which he would wield less power. The two sides could also consider amendments to legislation passed earlier this month that severely restricts dissent, they said. The opposition has said it wanted the laws repealed.

Mr. Yanukovych also offered amnesty to all people who have protested since the crisis began, on condition they free the buildings and streets they are occupying, said Andriy Portnov, deputy head of the presidential administration. And detained protesters could be released if demonstrators withdraw from the street that has seen the most violent clashes in recent days some 200 meters from the main square, he said.

The aides didn't mention another key demand of protesters: the punishment of officials responsible for the police crackdowns.

The opposition said it would hold further talks with Mr. Yanukovych and push for more concessions, urging protesters to maintain pressure on the president by coming to protests across the country in greater numbers.

Surrealistic Speed Drawing: "Hand" Max van der Ree. Art for mobile?

                 
                                           Talented surrealistic drawing of Max van der Ree.
                                             Animator Zo2

                                           Short video with speed drawing,art for mobile?
                                            I  encouraged Max,to go for oil on canvas.

                                       
                                       

Wait until the end,and you'll understand. This is for mobile, talented and short speed drawing.

                                           Surrealistic speed drawing. by Animator Zo2