DE RUEHSO #0458 2101634
ZNR UUUUU ZZH
O 291634Z JUL 09
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 9464
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 0602
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9215 UNCLAS SAO PAULO 000458
STATE INR/R/MR; IIP/R/MR; WHA/PD
DEPT PASS USTR
E.O. 12958: N/A
SUBJECT: MEDIA REACTION: GLOBAL ECONOMY: CHINA AND GLOBAL ECONOMY;
July 26, 2009
Title- Chinese deadlock
Editorial in liberal Folha de S. Paulo (7-26) notes: ".....The
Chinese economic model lives today passing through an impasse....The
U.S. economy will no longer have the conditions to sustain the same
pace of purchases of Chinese products that it used to.....The
solution to this gridlock will directly affect the Brazilian
economy. In the mid run, in a possible scenario of domestic
consumption growth in China, Brazil's exports will be forced to
adapt themselves to the new profile of Chinese market demand."
Title- An end to the convergence
Op-ed in liberal Folha de S. Paulo (7-26) by Eliane Catanhede
states: "The military coup in Honduras mobilized....[all of the]
international community in support of elected President Manuel
Zelaya and condemned Roberto Micheletti's regime...Nonetheless,
Zelaya's return to power does not solve the internal crisis. On the
contrary....All the convergence that Zelaya received with the coup
tends to foster divergence after the coup......because Zelaya's
impulse will be for the radicalization and for the strengthening of
Bolivarianism in Honduras, with a review of the constitution, a
plebiscite to keep himself in power and nationalize of the
economy......This way he will tend to go more and more in the
direction of Venezuela, Cuba, Bolivia and Nicaragua.....and less [in
the direction] of the old partner and even tutor, the U.S......"
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