Andreza tatuada de biguaçu posts
Los Angeles Times World “It's absolutely worth it to be here, dance and enjoy the festivities with my family,” says Andreza Souza, as friends flirt on the sand.
“Of course, the bill comes later,” she laughs.
In Brazil, Carnival-goers won't let Zika or economic woes ruin the party
latimes.com
It’s been a rough year for Andreza Souza’s home-based clothing business. She had to stretch her finances to make the trip from the Amazonian city of Belem to Rio de Janeiro, paying for a plane ticket on an installment plan.
122 months ago
Pedro Santos de Araújo BY
http://www.folhapolitica.org/2014/03/petrobras-perdoou-calote-da-venezuela-e.html
Petrobras forgave default of Venezuela and took work at $ 20 billion
Image: Play / Social Networks
Unpublished documents Petrobras to which the newspaper O Estad Read more ... o de S. Paulo had access show that the Brazilian company gave up penalties that would require Venezuela payment of a debt by Brazil to the project and the beginning of the works in the refinery Abreu Lima, in Pernambuco. The agreement "comrades", sources of state, made between former President Luiz Inacio Lula da Silva and former President of Venezuela Hugo Chavez left Brazil with the mission to ensure, alone, investments of nearly $ 20 billion .
The agreement provided that Petrobras would have 60% of the Abreu e Lima and Petróleos de Venezuela SA (PDVSA), 40%. The contributions of resources would be made gradually and if Venezuela did not pay their share, Petrobras could make the investment and collect the debt with interest, or receive shares of Venezuelan company, at market prices. These penalties, however, would be worth only upon signature of the definitive agreement, shareholders. They did not enter into force because the contract was not signed.
Documents obtained by the State show that the partnership between Petrobras and PDVSA for refinery construction was never signed. There is now just a "partnership agreement", a provisional document, which does not provide, in the case of future society formalization, sanctions for "default" Venezuelan.
Since 2005, when this term sheet was signed by both governments, until last year, Petrobras tried to get the money owed by PDVSA - without success. In October last year, when investment in the refinery already reached the US $ 18 billion, the Brazilian government gave up.
Venezuelans do not deny the debt. In item 7 of the "association agreement" PDVSA admits his debt condition (see opposite). Before this document to deal with the closing of the transaction, one of the conditions was the deposit by the two companies, resources equivalent to its shareholding in an account in the Bank of Brazil - which the Venezuelan government never did.
In another document obtained by the state, Petrobras said they would be penalties for "failure to comply with contractual provisions." As in other cases, this prediction did not lead to anything because the penalties would only be valid when the Venezuelan state became a partner of Abreu e Lima - and it did not.
Chávez and Lula. The idea of building the refinery came from Hugo Chavez, Venezuela in 2005. The infrastructure needed to refine its oil and distribute it in South America, but could not afford to pay for everything yourself. Lula decided to play the idea. But Caracas never had neither the resources nor the collateral to get a loan and pay off the debt with Petrobras.
In December 2011, on his first official visit to Caracas, President Dilma Rousseff addressed the matter directly with Chavez, who promised, once again, a solution. On this visit, the President of PDVSA, Rafael Ramírez, even announced that "had fulfilled its commitments" with the company and delivered a "bag of cash" and negotiated a credit line from the China Development Bank. These funds never materialized.
The initial project, which was $ 2.5 billion, already arrived, in October last year, to $ 18 billion, when Petrobras submitted to the Board of Directors the proposal to assume in full the refinery. It is estimated that the total cost will be around $ 20 billion.
To justify the new values, the company cites exchange and contract adjustments, spending on environmental compliance and the fact that it expanded the production capacity of 200,000 to 230,000 barrels per day. The new items and the expansion of production explain the cost eight times greater than the initial one.
Sought by the state, to talk about the "default" of Venezuela, Petrobras said nothing will comment.
Lisandra Paraguassu, Andreza you kill and Fabio Fabrini
The Estado de S. Paulo
134 months ago
Pedro Santos de Araújo BY
http://www.folhapolitica.org/2014/03/petrobras-perdoou-calote-da-venezuela-e.html
Petrobras forgave default of Venezuela and took work at $ 20 billion
Image: Play / Social Networks
Unpublished documents Petrobras to which the newspaper O Estad Read more ... o de S. Paulo had access show that the Brazilian company gave up penalties that would require Venezuela payment of a debt by Brazil to the project and the beginning of the works in the refinery Abreu Lima, in Pernambuco. The agreement "comrades", sources of state, made between former President Luiz Inacio Lula da Silva and former President of Venezuela Hugo Chavez left Brazil with the mission to ensure, alone, investments of nearly $ 20 billion .
The agreement provided that Petrobras would have 60% of the Abreu e Lima and Petróleos de Venezuela SA (PDVSA), 40%. The contributions of resources would be made gradually and if Venezuela did not pay their share, Petrobras could make the investment and collect the debt with interest, or receive shares of Venezuelan company, at market prices. These penalties, however, would be worth only upon signature of the definitive agreement, shareholders. They did not enter into force because the contract was not signed.
Documents obtained by the State show that the partnership between Petrobras and PDVSA for refinery construction was never signed. There is now just a "partnership agreement", a provisional document, which does not provide, in the case of future society formalization, sanctions for "default" Venezuelan.
Since 2005, when this term sheet was signed by both governments, until last year, Petrobras tried to get the money owed by PDVSA - without success. In October last year, when investment in the refinery already reached the US $ 18 billion, the Brazilian government gave up.
Venezuelans do not deny the debt. In item 7 of the "association agreement" PDVSA admits his debt condition (see opposite). Before this document to deal with the closing of the transaction, one of the conditions was the deposit by the two companies, resources equivalent to its shareholding in an account in the Bank of Brazil - which the Venezuelan government never did.
In another document obtained by the state, Petrobras said they would be penalties for "failure to comply with contractual provisions." As in other cases, this prediction did not lead to anything because the penalties would only be valid when the Venezuelan state became a partner of Abreu e Lima - and it did not.
Chávez and Lula. The idea of building the refinery came from Hugo Chavez, Venezuela in 2005. The infrastructure needed to refine its oil and distribute it in South America, but could not afford to pay for everything yourself. Lula decided to play the idea. But Caracas never had neither the resources nor the collateral to get a loan and pay off the debt with Petrobras.
In December 2011, on his first official visit to Caracas, President Dilma Rousseff addressed the matter directly with Chavez, who promised, once again, a solution. On this visit, the President of PDVSA, Rafael Ramírez, even announced that "had fulfilled its commitments" with the company and delivered a "bag of cash" and negotiated a credit line from the China Development Bank. These funds never materialized.
The initial project, which was $ 2.5 billion, already arrived, in October last year, to $ 18 billion, when Petrobras submitted to the Board of Directors the proposal to assume in full the refinery. It is estimated that the total cost will be around $ 20 billion.
To justify the new values, the company cites exchange and contract adjustments, spending on environmental compliance and the fact that it expanded the production capacity of 200,000 to 230,000 barrels per day. The new items and the expansion of production explain the cost eight times greater than the initial one.
Sought by the state, to talk about the "default" of Venezuela, Petrobras said nothing will comment.
Lisandra Paraguassu, Andreza you kill and Fabio Fabrini
The Estado de S. Paulo
Folha Política: Petrobras perdoou calote da Venezuela e assumiu obra de R$ 20 bilhões
www.folhapolitica.org
134 months ago