This Thursday (16), President Luiz Inácio Lula da Silva spoke with the news anchor CNN Daniela Lima, and again criticized the market, emphasizing that it is not governing for it.
“I know the market exists, I know what the market does to make money, but I am governing for the Brazilian people, I am governing to try to recover the social well-being that the Brazilian people achieved during the time I was president”, said Lula. .
When questioned about the tone he has been using and the limit for this confrontational environment, the president denied that he is carrying out this type of policy. “The Lula of today is the Lula of 10, 15 years ago. We need to get the history of what Lula was in the first government”.
He also added that he is working to generate more jobs, more salary and wants people to have lunch, coffee and dinner every day.
For the president, these “noises” in relation to the market are made by those who want to take the place of speculation. Lula stated that serious people in this field know what is happening in the country and, therefore, will not accept certain actions carried out in the name of anyone.
“Brazil had a Petrobras that was self-sufficient in oil and, suddenly, you who thought you were an oil product exporter, were exporting crude oil and buying 25% of gasoline and 35% of diesel. What’s that for? What is the logic of you giving minority shareholders BRL 106 billion in dividends, when you could take half of that to invest in more oil exploration, in more refineries, to make Brazil self-sufficient”, he highlighted.
coping environment
In the interview, Lula stressed that Brazil is very big and needs to own its own nose and not be known as a “banana republic”.
The president told Daniela Lima that he recognizes the importance of the market, but said that he needs to understand that the country is made up of people and that it needs to be treated with respect. “I am obliged to be sensitive to the people who are sleeping under the bridge, with the people who are sleeping in the gutter […]. Is it just the president who has to think about it? Doesn’t the market have to think a little about it? Doesn’t the market have a little sensitivity? The only thing I want to call reason is that this country cannot be ruled one-way.”
Lula has a history of attacks on the financial market. Right at the beginning of his third term, he said at a breakfast with journalists that the market “has no heart, sensitivity and humanism” and that it creates narratives that everything that is not to pay interest is spent. He also stated that, in all crises, it was the State who saved the economy.
CNN anchor Daniela Lima interviewed President Luiz Inácio Lula da Silva (PT) directly from the Planalto Palace in Brasília. The entirety of Lula’s first interview with CNN Brasil is available on YouTube, TikTok and Kwai.
*Posted by Diego Mendes
Source: CNN Brasil
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
