Sula Costa Daily NYC

 

Tuesday, January 31, 2023 8:30 - 10:30 a.m. ET 2023 begins with a decisive and welcomed defense of democratic institutions by all relevant private and public agents in Brazil. Recent polls show overwhelming accord with the legitimacy of the government, despite a highly polarized polity. However, to maintain and consolidate political support, the new administration must deliver on its promise of sustaining growth, and this will be hard to deliver. The economy is at the tail end of a cyclical recovery, the product in part of repeated changes in the fiscal framework in a failed attempt by the outgoing administration to win reelection. To keep commitments agreed in 2022 for 2023, the new administration sought and obtained congressional support for an additional 2-2.5% of GDP in spending, yet again over and above the constitutionally mandated expenditure ceiling. The fiscal stimulus of 2022 was financed by unexpected revenues, 80% coming from the commodity boom. This is no longer true for 2023 and, moreover, by all estimates, the preexisting economic output gap has closed. Though delivering modest growth, at about 3% in 2022, the economy was operating beyond its full potential. Given developments abroad, the exhaustion of the post-COVID cycle, and the contractionary stance of the Central Bank of Brazil to fend off the demand-based policies of 2022, growth is expected to decelerate sharply. Meanwhile, the administration faces the challenge of fiscal consolidation in attempt to keep public expenditure and debt in a non-explosive trend. All of this means a fertile brew for the insights of the superbly competent and articulate group of political analysts, economists, and market strategists the Chamber has gathered to examine Brazil’s economic and political outlook over the coming months. Please join us for the 2023 installment of this timely and informative program. Agenda and Speakers 8:30 to 9:00 a.m. - Registration, Breakfast, and Networking 9:00 to 10:30 a.m. - Panel Discussion and Q&A Moderators Paulo Vieira da Cunha, Partner, VERBANK Consulting, LLC Drausio Giacomelli, Head of EM Research, Deutsche Bank Securities Speakers Cassiana Fernandez, Chief Economist for Brazil, JPMorgan (virtual participation) Christopher Garman, Managing Director for the Americas, Eurasia Group (virtual participation) Fabio Kanczuk, Financial Analyst, ASA Investments (virtual participation) Lisa Schineller, Managing Director, S&P Global Ratings       Registration Information Members: $50 Non-Members: $100       Location Brazilian-American Chamber of Commerce 485 Madison Avenue, Suite 401 New York, NY 10022 Event organized by the Brazilian-American Chamber of Commerce.

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Credit Outlook Brazil 2023 24 de janeiro, 2023 | 9am - 10am BRT INSCREVA-SE AGORA

PERSPECTIVA 2023: BRASIL Com taxas de juros e inflação persistentemente elevadas, diante da expectativa de desaceleração econômica e da probabilidade de mudanças nas políticas microeconômicas, os emissores brasileiros enfrentarão vários desafios em 2023. A Fitch o convida para um debate, conduzido por seus analistas locais, sobre as perspectivas da agência para o Brasil e seus principais setores em 2023. 24 de janeiro, 2023 | 9am - 10am BRT EVENTO VIRTUAL

INSCREVA-SE AGORA Having trouble viewing this email? View online. Want to share this email? Forward to a friend. Credit Outlook Latin America Global 2023 January 23, 2023 | 9:00am - 10:30am EST REGISTER NOW We would like to invite you to our Credit Outlook Latin America Global 2023 virtual event on Monday 23 January, 9:00am EST, to learn about our views on the global economy and Latin American sovereigns. Credit markets are facing difficult times, with inflationary pressures, geopolitical tensions, a slowdown in the Chinese economy, forecast recessions in the eurozone and the US, sharp interest rate hikes, supply chain disruptions, and energy shortages being some of the challenges affecting the global economy. Don’t miss out on an insightful discussion on the global economy and the impact of the aforementioned factors on Latin American sovereigns. Please click on the RSVP button to register. Happy New Year and we look forward to welcoming you. REGISTER NOW Interested in other events for Credit Outlook Latin America? Further information can be found here.   The Brazilian-American Chamber of Commerce of Florida (BACCF) cordially invites you to a Breakfast and discuss on: Register here Outlook for the New Administration in Brazil  Presented by: Ambassador Rubens Barbosa . Ambasador Rubens Barbosa With a master's degree from the London School of Economics and Political Science, Ambassador Rubens Barbosa has held a variety of posts in Government and Foreign Affairs: Secretary for International Affairs of the Ministry of Economy Brazilian Permanent Representative to the Latin American Integration Association (ALADI); Under-Secretary-General for Regional Integration, Economic Affairs and Foreign Trade at the Ministry of External Relations; Coordinator of the Brazilian Section for Mercosul-Southern Cone Common Market. Brazilian Ambassador to the Court of St James?s from January 1994 to June 1999. Brazilian Ambassador to the United States of America from June 1999. Ambassador Barbosa is also author of several articles, essays and two books, one on Latin American Economic Integration and ?Panorama Visto de Londres, that deals with foreign and economic policy. Currently, Amb. Barbosa works as a business consultant and is President of the Upper Council of Foreign Trade from Federation of Industries of the State of Sao Paulo (FIESP), the leading interlocutor between industry and government in the capitol of Brazil. Amb. Barbosa regularly publishes articles and essays and is the author of four books. He is a member of the board of the Sao Paulo State Symphony Orchestra (OSESP), the Foundation Padre Anchieta (TV Cultura) and the CSU (credit card administration) company. Date/Time: Friday, January 13th From 9:00 AM to 11:00 AM EST Location: Shutts & Bowen 200 S Biscayne Blvd., Suite 4100 Miami, FL 33131 Fees/Admission: BACCF Members: $35 Non-Member Fee: $50 Register here Upcoming Events Visit our website Connect with us Brazilian-American Chamber of Commerce of Florida | P.O. Box 310038, Miami, FL 33231

Having trouble viewing this email? View online. Want to share this email? Forward to a friend. Credit Outlook Brazil 2023 24 de janeiro, 2023 | 9h às 10h (Horário do Brasil) INSCREVA-SE AGORA Brasil 2023: Desafios Globais e Novo Governo Norteiam as Perspectivas dos Ratings da Fitch. Todos os palestrantes já estão confirmados, conheça a agenda! Com taxas de juros e inflação persistentemente elevadas, diante da expectativa de desaceleração econômica e da probabilidade de mudanças nas políticas microeconômicas, os emissores brasileiros enfrentarão vários desafios em 2023. A Fitch o convida para um debate, conduzido por seus analistas locais, sobre as perspectivas da agência para o Brasil e seus principais setores em 2023. 24 de janeiro, 2023 | 9am - 10am BRT EVENTO VIRTUAL INSCREVA-SE AGORA Inscreva-se também para os demais eventos do Credit Outlook LATAM Series 2023, clique aqui. NYFW is Almost SOLD OUT!! Get Tickets Here! See These Designers And More This February! The Debonaire Club was started in 2016 by a group of veterans who wanted more from off-the-rack clothing. Learn More Here The sole designer of AYZHA Official is Ayzha Jones. Ayzha founded her namesake in 2020. Ayzha has been passionate about fashion from a young age. Her obsession with formal wear and the Met Gala is what inspired her to design formalwear and bridal accessories. Learn More Here Imperial Legacy is Dynamic. Cutting edge. Family. Unity. Imperial. Legacy. A clothing brand that embodies all these aspects and more. Learn More Here Hey Designers!! Registration is now open for Miami Swim Week 2023!! We have very limited designer space available for LAFW and TWO SPOTS LEFT for NYFW!! Contact Us Here Party Like It Is The 1920s Do Not Miss The Party of the season this February!! Get your tickets now, before they sell out!! Get Tickets Here Join Us At All Future Stops!