How Oil Can Transform Brazil - VisualPolitik EN
HTML-код
- Опубликовано: 30 авг 2023
- Join the VisualPolitik community and support us on Patreon: / visualpolitik
Lula da Silva, one of the most important political figures in Brazilian history and on the Latin American left, returned to power for a third presidential term earlier this year, promising social, economic and environmental improvements reminiscent of his first two presidencies.
However, this time he does not have the luck he had in the past and, in an international scenario committed to reducing the use of hydrocarbons, Lula may find himself at a terrible crossroads that could put an end to the famous Brazilian oil industry.
How did Brazil become an oil power? What role did oil play in Lula's first two presidencies? Will Lula change his position on oil to comply with the climate agenda? Will this be the beginning of the end of Brazilian oil? Today we tell you.
Interesting links:
Arndt, Abby and Chase Harrison. 2023. "Seven Numbers to Understand Lula's First 100 Days." Americas Society/Council of the America (AS/COA). At: www.as-coa.org/articles/seven...
Braga, Luciana. 2018. "Oil in Brazil: Evolution of exploration and production". Encyclopédie de l'energie. In: www.encyclopedie-energie.org/...
Ferrari Filho, Fernando and Fábio Henrique Bittes Terra. 2023. The Political Economy of Bolsonaro's Government (2019-2022) and Lula da Silva's Third Term (2023-2026). Economic Research 82 (324): 27-50. In: dialnet.unirioja.es/servlet/a...
VV.AA. 2023. "Lula's ambitious plans to save the Amazon clash with reality". The Economist. At: www.economist.com/the-america...
#Brazil #Oil #VisualPolitik
![NoCap - Yacht Party [Official Music Video]](http://i.ytimg.com/vi/rm_lvDln8kE/mqdefault.jpg)
I am brazilian and i have no idea what "hambre" is. I had to go to Google Translator to realize it is "hungry/starvation" in a foreign language called Spanish.
in brazil, we speak portuguese. The name of the program is FOME zero, not Hambre cero.
The "Fome Zero" Program was extinguished decades ago. No one hears about it anymore in Brazil. To mention it is a clear sign of ignorance.
Exactly
O canal principal é em espanhol, as informações são tiradas de lá
A tradução é feita por um programa que às vezes falha, ele falou "hungry zero" mas o tradutor automático escrever "hambre"...
It's full of misinformation, he has no idea of what he's talking about, someone just handed him the (dis)information and he's just narrating it with dramatic appeal.
There is no "hambre cero" program in Brazil. They name their government initiatives in Portuguese not Spanish.
You know how Americans are.
Yes 😂😂😂
this part of the video made me want to vomit.
what a disrespect with our culture
@@thepozoleispeople5139I thought he’s/they’re European (Which makes it even worse)
This guy is literally British and working for a Spanish owned channel... Not American
You forgot to mention that Brazil oil reserves is under the pre-salt layer in the ocean bottom. That is, we extract oil up to 2km under the water layer and 4km to 6km under the ocean soil. Imagine having the tecnology to not only go to the Titanic depth but go several kms under it in the soil itself and then extract the oil.
I'll add a comment, only a public company had the guts to invest on this goal.
@@CORDADO10 Obviously, since it's money come from the people and there's always a lot coming in every month...
@@vitorribeiro2002 you should study a little about what public investment even is, my guy...
@@vitorribeiro2002 Your statement makes no sense. Petrobras was always profitable and the state never had to spend money on it. It funds research projects in public universities. I'm an engineering student and I personally know students and professors that do research in oil extraction, that is, fluid mechanics of micro porous material (porous rocks), the kind you find in pre-salt conditions. Also, research in aquatic robotics for doing platform maintenance and construction.
Public investment is the only reason why we have cutting edge technology in oil production. And it has been extremely lucrative in terms of revenue too. I only wish we had this kind of investment in other strategic sectors, like that of silicon.
The US, the UK, France, Norway, Sweden, have the 10 best deep water extraction companies. They don't need to imagine, they can go much deeper. Petrobras depends on a lot of foreign tech but they are doing good work.
It is insane that non-Portuguese speakers get so creative with Brazilian names. They translate even proper names to either Spanish or some language made up on the spot. why? I've seen this practice in so many publications including Time magazine. Ignacio??? That is not his name. It's Inácio, I mean I get not putting in the accent but the G? Hambre Zeero? It's Fome Zero. Yes, these are Portuguese names (I still don't expect anyone to know Portuguese) but they are proper names! If you translate them why not translate them to the language you are in which you are speaking, in this case just plain English that would be a little more respectful.
Good point, I believe the mistake relies on the original video which is in Spanish as all VisualPolitik videos
good hombre. thanks for explaining
This is the minor problem about this video buddy.....🙄
Great, I saw some videos that was make from Bolsonaro in campaign and was not from Oil Man as you show. There is two type of company lucrative, 1) oil company well administered
2) oil company bad administed
@@jmtj4135or its not this shit boring af is like take dramond green and translate for draymond verde or dana white for dana branco like wtf
Brazil tries its best to be independent. Oil is crucial in current times, but its not the only iniciative, Brazil is pretty good in ETHANOL also.
Ethanol based cars are a Brazilian thing. There is no such thing in western countries or the vast majority of the world (maybe India has a significant fleet but I can’t tell for sure).
@@galdutro It's an internal combustion engine that can handle having water inside of it.
But yes, in the US the most ethanol you will see is a 10% mix.
@@recoil53 Gas in Brazil has a mix of 25% and they are discussing up to 30%. Lots of cars can go with any mixture.
The bribery scheme installed at Petrobras between 2004 and 2014 by Lula's PT government was elected the second largest case of corruption in the world, according to research carried out by the non-governmental organization Transparency International. Deviations in the Brazilian state-owned oil company stand out among the world's biggest scandals of wrongdoing.
E a direita achando que o governo vai parar ou cair quando o setor privado não existir . Tolos. Basta os políticos criarem suas próprias empresas.
When the USA and Europe "abandom" oil we can start talking about doing the same in Brasil.
Oil and coal.
How much heat will it be enough for humanity to stop burning fossil fuels? Until August 2023 Phoenix and many parts of Arizona hit 45 degrees Celsius for weeks, the US Midwest and West became a summer sauna, Australia reported its hottest winter on record, terrible wildfires in cold Canada and humid Hawaii , heat waves in Africa never seen before.
@@umfilhodedeustotalmenteama5522I mean, they are not stopping burning oil until it's all gone. Which is expected to happen by 2050.
@@epicnicity916 so, Arthur Will become a hell
Some corrections:
There never was a hambre zero. That's Spanish, not Portuguese. There was Fome Zero, and it was a complete fiasco, ending up abandoned before the end of Lula's first term.
Bolsonaro didn't end Bolsa Família, he renamed it, so it would look his own program. Lula simply changed the name back. Ironically, Lula had done exactly the same with Cardoso's social programs in his first term. Since Cardoso was a political opponent, Lula's government changed the name of the social programs to Bolsa Família, so it would look his thing, not his opponent's.
Also, Lula's party (PT) mismanagement of Petrobras was a nightmare, and ended up creating the biggest crisis in the company, which went from full profitable to three years of consecutive loss. This has contributed, among other things, to the Brazilian economic disaster of 2015.
I hope Lula won't make the same mistakes again. But he sure seems to be trying.
Perfeito
Você realmente disse que o Fome Zero foi abandonado? Só pode estar de brincadeira. O Brasil durante o primeiro mandato da Dilma saiu do mapa da fome da ONU. Como é que você tem coragem de vir num canal estrangeiro mentir assim na cara dura sobre realidades do Brasil? Você espera construir um Brasil melhor mentindo ou está na verdade construir um Brasil pior? Acho que a segunda opção é a sua realidade. Você escolheu um lado político e aceita qualquer coisa para beneficiar à esse lado, até mesmo mentir discaradamente.
Everithing Brazil owns today was fruit of big efforts and investigation. Ws only became one of the worlds biggest food productor with a lot of research and seed development. We only became oil players with lots of research in deep depth oil extraction. And now we produce things with graphene and Niobium.
Yeah, i see many Brazilians think we have "productive soil", we didnt had productive soil, our researchers made this soil productive by SHEER scientific prowess
Russian fertilizer;). What is Brazil producing with graphene and niobium that other countries aren't?
@@ericreed4535 is russian fertilizer capable of making olives and grapes grow in tropical weather? It seems that you dont know what a fertilizer is.
Apart of producing and exporting graphene for itself, guns, car parts, helmets, paints, lubricants...
And the aplications of niobium are being created in Brazil, there are already great aplications in auto industries, aeronautical parts, batteries and construction.
@@v1n1c1u55anto5 🥱 Growing soy in poor soil requires a lot of fertilizer and that's why Brazil imports so much of it.
Top 5 using and researching graphene doesn't include Brazil. Exporting raw materials is what Brazil has done. Embraer airplanes use more than half imported components. I wish Brazil tech and industry were stronger. You paint a false picture of the real situation.
@@ericreed4535 exactly and crops capable of growing in poor soil and different weather.
According to what? Based on which data? Voices on your Head? You talk about Embraer, do you know the average of nationalization in this market? Do you have any data at all?
0:10 The Amazon is not the lungs of the world…the oceans are. The Amazon rain forest produces enough for the region’s needs, while plankton outputs the majority of the world’s requirements.
The ocean compose nearly 70% of the surface area of the earth, produces less than half the oxygen. The Amazon is like 1% of the surface area and produces almost 20%of the oxygen. We call them the lungs because of how much they produce vs its size. Look at satellite videos of the day/night co2 cycle of south america and you'll see what looks like the Earth breathing
Pretty sure it's algae, not plankton
True enough. Going down to specifics, the Earth's area is 510 million km2 and 357 million km2 is covered by the oceans and only 153 million km2 is covered by land (only 30% of the Earth's mass). And the whole of the Amazon area is about 7 million km2 (of which about 4 million km2 is in Brazil). From these numbers one can easily conclude that as you said, the greatest factor in the weather is the oceans, and the Amazon area represents less than 1,5% of the total Earth's area, so there is no way those 1,5% of the total world's area could exercise all that crucial impact on the world's weather. It does not and again, the greatest polluters are all the major and rich countries on Earth.
When they say the Amazon is the lungs of the world, they wanna mean the amazon belongs to the world, consequently, it's the perfect rethoric to rob the brazilian amazon from brazilian people.
They we led to believe that my friend ..they destroyed their forests and now they want to teach Brazil how to look after their 80 % area of native forests 🌳 it’s ridiculous 😅
The people living in North of Brazil need the good and comfortable live as well as EU and USA people and surely the new Petrobras finding is a chance to change the region for a prosperity era. Nobody else is talking about Germany burning coal or US doing fracking all over the country or EU mining in Africa destroying the environment leaving nothing behind other than big hole. Brazil will explore oil as everybody does.
That's not true.
Everybody talks when other countries explore oil. Environmentalists are protesting everywhere in the world.
Oil is not prosperity. Oil is past. The future is new energy technology.
@@tiagocarioca except that those protests don't do anything and they keep doing it.
@@tiagocariocaPure propaganda!
If that useless institution that Ibama allows
If only environment was the only issue. The problem is that oil is a volatile bet. One day it is $100, the other day it is $20 or $40. It takes massive investment and we cannot be sure that it will pay off.. And it could very well stop paying off. If Lula is counting on oil at a certain price point to fund his plans and the saudis decide to dump oil in the market (after all, they can profit even with low oil prices because their oil is much cheaper to extract) then those plans will sink. It is a risky bet.
Brazilian politicians will get all the money to them. Brazil has a lot of resources, however the corruption is worst than all. You can't imagine how this country is corrupted. In all levels. So even that Brazil had the richest soil in the world, we brazilians would not receive nothing from this.
Telling developing nations to neglect the economic potential of their natural recorces is a "let them eat cake" moment from western countries.
The destruction of the Amazon rainforest so Brazil can become an economic powerhouse and fulfill it's economic potential is like burning the Mona Lisa to heat a 2000sq ft building
@rejvaik00 I was referring to the oil that fuels brazils economy and the programs that actually feed the poor of its country... I'm with you on amazon deforestation: the soil can't even support agriculture... and it is indeed more beautiful than any dim portrait by da vinci.
@@Thomas...191 They can use their natural ressources - just do so in compliance with the climate goals. No one wins if significant polluters drop out of the program, even if they have a more ethical stance to do so compared to western countries considering the historic CO2 emissions. It will destroy Brazil in the same way it will destroy the US.
Correct.
And politicians like Gustavo Petro are buying that nonsense
Brazil should follow the steps of Norway. A country that explores petrolio and, at the same time, investing in education, healthy, economy, ecology, transportation and defense.
You forgot to mention that Petrobras is one of the biggest investors in fighting climate change. The company is going net-zero by investing in reforestation, biodiesel, biogas, and research on clean energy. The company also has a huge fund for protecting wild life, and a huge team that works protecting and promoting the expansion of whale populations and other marine animals.
The bribery scheme installed at Petrobras between 2004 and 2014 by Lula's PT government was elected the second largest case of corruption in the world, according to research carried out by the non-governmental organization Transparency International. Deviations in the Brazilian state-owned oil company stand out among the world's biggest scandals of wrongdoing.
@@amazingtime8882Chora!!
How much heat will it be enough for humanity to stop burning fossil fuels? Until August 2023 Phoenix and many parts of Arizona hit 45 degrees Celsius for weeks, the US Midwest and West became a summer sauna, Australia reported its hottest winter on record, terrible wildfires in cold Canada and humid Hawaii , heat waves in Africa never seen before.
@@umfilhodedeustotalmenteama5522 Brazil is owed a future that doesn't end in poverty. The global-north had their shot, it's unfair to press developing nations to “be green” when the real polluters aren't. We must take action against climate change, but the north should pay for it, not us.
@@umfilhodedeustotalmenteama5522 Brazil's exports from crude and refined oil were about 13% of total, around US$ 37bi in 2021. You can't just change that in a simple way. It a HUGE, HUGE, HUGE change...
In my opinion the petrodollars are way more justified than allowing more than 10mil people go hungry.
It is even more justifiable as the government is using such revenue also for energy transition and and better infrastructure. Lula’s government has started implementing a five year 350bi dollar program to invest in the Brazilian economy, our own version of Green New Deal. I just hope this doesn’t start a inflationary process as happened in the US. But we desperately need it so our goals of reindustrialization (industries accounted for 30% of Brazil’s GDP in the 80s whereas today it accounts for only 11%) can be achieved.
government is one hell of a drug.
This is just the same fairy tale they tell every few years later, so people believe they need a government to help them all. However, what really happens is that this money gets into corrupted politicians pockets, friends of the president. In the end, what would expect when people vote and elect criminals. He did the same thing in 2008, would you believe he won't do it again? Seriously???
Thats why america is falling apart abuse of power
last time he was president the money from petrobras went to his friends and political partners. I dont see any reason why this time would be different. Id rather have all this money im private companies, which would for sure be more productive and competitive. Having a monopoly at this point just makes the progress slower.
I know this is a minor detail, but the social program was called “fome zero”, not “hambre zero”, and Lula’s first name is not Luis Ignacio, but Luis Inácio. We speak portuguese, not spanish. Great video tho!
Yes you are right, they could have looked up his conviction or registration at the prison he was serving time in to get those simple facts. Oh, right, lets not mention that this is why he is "lucky".
@@droydiYes! They could’ve also stated why his conviction was overruled and highlighted the constant growth of the brazilian economy in 2023 and how amazing his stats have been in his first few months of presidency! Great input!
@@andrenunes0202 the constant growth of the state you mean? Adding 16 ministeries is a feat. Or maybe you mean the growing deficit that turned from a positive ~ 90b to a negative ~ 90b since the start of the year? Both points are indeed constant and growing.
I wouldn't blame him for selling oil. Sure, it would be better to reduce oil and gas supplies to increase prices. But on the other hand it's not fair if countries like Brasil suffer for what first world countries did
Most of the world imports its food from those first world countries and all of that food production relies on fossil fuels. Everyone shares equal responsibility.
Brazil's just as culpable as any other nation regarding this
And perhaps more so because Brazil is responsible for destroying the rain forest some of the largest ecosystems on earth that could help battle the climate issue
Brazil is actually set to become a leader on the green transition. It has already one of the cleanest power matrix in the world and it is expected to be the first G20 country to reach carbon neutrality
@@rejvaik00 This does not get even close to the damage that both the US and EU inflicted in the enviroment. Brazil need to focus on its on development and ignore the empty words of western politicians.
@@RenBRayo it ain’t the west that’s destroying the Amazon rainforest at record levels
May you have forgotten to talk about the alcohol program in Brazil. Since the 80ths we can use this fuel and also it is mixed in petrol...
Another information. 98% of Brazilians cars are "bi-fuel". They can work with gasoline or ethanol (from sugar cane). It's an old policy try to avoid the dependence to oil.
3:31 he's already trying to renationalize the privatized refineries by asking Petrobrás to maintain artificially low prices for gas and to sell artificially high priced petroleum to these same refineries
And we still have more to discover. The Northern part of Brazil has a huge amount of oil, and it is not been explored yet because of environmental questions, which for me is just part of some countries that do not want Brazil to become a super-power.
By 2032, fossil fuels will still account for 78% of the global energy mix, down only slightly from 81% in 2022. [EIU]
The oil and gas industry is playing an important role in the energy transition by providing the affordable and reliable energy needed to fuel fair growth and improved living conditions for all, producing this energy with decreasing emissions to support a net-zero world. 1:03 [IPIECA]
According to McKinsey’s Global Energy Perspective 2022, fossil fuels such as oil and natural gas will continue to make up a significant share of the energy mix by 2050, partly because of how they combine affordability and security of supply. [McKinsey]
The United States produced the most oil in the world in 2022, at around 17.7 million barrels of oil per day on average. Saudi Arabia and Russia followed as the second and third largest producers, and also rank amongst the top countries with highest oil exports. [Statista]
Venezuela has the world's largest oil reserves at more than 303 billion barrels. 1:05
Regarding the "luck" in the Tupi field (pré-sal) discovery.
Is it really luck when years of consistent public investment in research and devellopment bear fruit?
In my opinion there is as much luck there as in the moon landings!
Lula was indeed luck, but the pré-sal has nothing to do with it, the commodity price has.
The pré-sal discoveries only began production a decade latter.
Seeing the quality of the research on a topic that I have good experience with makes me cast serious doubts on the overall quality of the channel content.
Also, there is no "hambre cero", the name is in portuguese, "fome zero"
Esse é um canal de propaganda do Otanistão.
Exactly what I thought. If there were germans, then its pure science and a feit of technology, but when brazilians take years to develop a technology to the oil from the presal layer it's only luck
just a tiny mistake
hambre zero is a spanish term
portuguese is "Fome zero"
Another "tiny" mistake, is that this convicted criminal should be behind bars with his gang members and not running the country.
@@droydicalma, chocolate branco, o bolsonaro vai pra cadeia.
@@italomatheus8615 🤡
It's not lucky. it's MONEY INTO RESEARCH, other governamets doesn't expend a penny in Petrobras research because the interest behind it is north american
Old tale, the old legend of the evil Americans who don't want poor Brazilians to have oil.
Honestly, we don't need help to be underdeveloped, and we only got big in oil producing by finding oil fields, not investing on research.
Petrobras loses so much money to politics, corruption and mismanagement, to stupid directors nominated by stupid politicians, it could have been an amazing company, but now it's just a glorified monopoly which holds investments back.
@@danilolabbateos americanos são tão bonzinhos e fofos 😍🥰
@@danilolabbate Oh, you again? Lol. It's not a old tale, Shell gave up on the drilling. But guess up: when Petrobras discovered the pre salt layer, they went back in a blink of an eye to win the auctions. That's quite funny that you're mispreading information without knowing the very basics about the business and the history.
@@dimarcinho You're kidding, right?
Pré Sal was discovered in 2006. Shell got into Pré Sal in 2015. Nine years is a blink of an eye to you? =D
Pré Sal, horrible Petrobras mismanagement and extreme corruption in the government devastated Petrobras in 2014, to the point shareholders sued the company for their losses.
The facts speak for themselves. 2014 Petrobrás broke, 2015 Brazilian economy broke, 2016 Lula's party was impeached from the government.
@@danilolabbateConcordo com você, os americanos são perfeitos, anjos na Terra
Bolsonaro never closed "bolsa família" program, he just changed it's name to "Renda Brasil" and raised the ammount of money the program payed and the number of beneficiaries. Bolsonaro also never ended the Chico Mendes institute. Lula's Fome Zero lasted just one year was ended in 2004. Bolsa Família indeed was very succcessful and still is.
Não foi Bolsonaro quem aumentou o investimento no programa... na verdade ele foi contra. o ministro da economia também... foi o congresso que passou o aumento no bolsa família durante o governo bolsonaro.
Brazil: we trade with everybody
USA : gun on the head for friend
Land of footballer now I know another thing about beautiful Brazil love from Himalayan country of Nepal 🇳🇵
I'm Brazilian and you did a pretty good analysis of Brazil, on point in everything you said. Just a litte correction, the social program he created to end hunger is called "Fome zero", not "Hambre zero", we speak portuguese not spanish.
they made a complete mockery of this nation
Lol The greatiest mistake against a Brazilian is to say that they speak spanish
He didn't make the analysis. The original channel is from a group of Spanish youtubers he just translated it to English
@@christiansantos8868the greatest mistake with any nation is to get their name, language or flag wrong.
@@Janjao1 eu também fiquei c essa dúvida, e escutei essa partes várias vezes, mas ainda estou convencido que ele falou “hambre zero”.
7:25 "hambre zero" is Spanish. We speak Portuguese... It's "Fome zero".
Wow, wait a minute, bro. Bolsonaro DO NOT closed "Bolsa Família", he just changed it name to "Auxílio Brasil" and that's VERY different. Lula just change de name back. TBF, "Bolsa Família" itself are a rebrand of several other programs that came before, mainly the "Bolsa Escola" one.
Mentindo pros gringo ae, mano, Bolsonaro limitou o número de pessoas que teriam acesso ao Bolsa Família, além de ter piorado a economia.
@@BarreteFrigio Exactly the opposite, Bolsonaro loosened the rules so much that even people who didn't need the aid were receiving it. And about "making the economy worse", have you forgotten that there was a pandemic in half of his government? moreover, Brazil was one of the least economically affected countries, thanks to the government's efforts. Look at the countries that "shut everything down", like Argentina, how much their economy has plummeted.
@@BarreteFrigioBolsonaro aumentou o número de pessoas recebendo o Auxílio Brasil, e se minha memória não falha, nós passamos pela quarenta e pela recessão causada pelas taxas de juros baixas e guerra na Ucrânia
@@giovanifm1984 @giovanifm1984 Não é bem assim não, tiozão. Em 2021, o Bolsoasno elevou o teto de renda permitido para ingresso no Bolsa Família a um patamar que não repôs a perda inflacionária e ignorou o critério de pobreza usado pela ONU, ou seja, na prática a medida limitou o público do programa. Na eleição de 2022, ele aumentou o valor do programa Auxílio Brasil pra comprar voto, mas mesmo assim não era o suficiente pra cobrir a inflação deixada pelo seu Governo e pra piorar, isso teria um imenso custo ao Orçamento Federal pro ano de 2023 que o Governo Bolsomerda não teria como pagar, se não fosse o Governo Lula incrementar medidas fiscais para aumentar a arrecadação e ainda está implementando, não sei o que seria do Brasil em 2023.
@@venerable9077 Não é bem assim não, tiozão. Em 2021, o Bolsoasno elevou o teto de renda permitido para ingresso no Bolsa Família a um patamar que não repôs a perda inflacionária e ignorou o critério de pobreza usado pela ONU, ou seja, na prática a medida limitou o público do programa. Na eleição de 2022, ele aumentou o valor do programa Auxílio Brasil pra comprar voto, mas mesmo assim não era o suficiente pra cobrir a inflação deixada pelo seu Governo e pra piorar, isso teria um imenso custo ao Orçamento Federal pro ano de 2023 que o Governo Bolsomerda não teria como pagar, se não fosse o Governo Lula incrementar medidas fiscais para aumentar a arrecadação e ainda está implementando, não sei o que seria do Brasil em 2023.
Carnaval is only one week in Brazil (land of carnaval😀). I wish we could party all year long but life is expensive here.
Im Brazilian. We are need work too
it wasn't luck, it was investment
Not made by him, just so ppl know...
It was lucky. No president controls the price of commodities.
As a westerner I applaud using a countries' natural resource wealth to benefit it's people. So long however, especially with oil, that they do so in a way that adds equity to the country in it's people long after the wells have dried and the mines depleted. And as long as they see ways to reduce the the amount of of waste and emissions. Oil isn't going anywhere fast but it's time is inevitable. Might as well make the best of it while it's here.
Does anyone not applaud that?
The money should go in a public fund, just like norway, which gets used by banks to give exceptionally low interest loans, this turbocharges the economy. Norway is super smart
In Brazil, the money never Goes to the population, see what he dia in his previous terms. Money always Goes to overpriced constructions, raising salaries tô the politicians and funding projects in countries that Lula support, lime Venezuela and Cuba.
He does not have a project for the country and dont have the interest of the population in mind. As a Brazilian, its shameful to see how he is treated worldwide.
@@benjammin9745 Literally everybody who would personally benefit from corruption.
Brazil is a Western country.
A lot of uneducated assumptions were made in this video.
Also, Brazil speaks portuguese, not spanish ffs
id like to see you make a video counter this video than
Anything goes when you have a world view and agenda to promote, even pampering convicted criminals who coerced their way back into power.
I couldn't type more nor specific details because RUclips censors the truth and won't allow me to send it.@@nesseihtgnay9419
That dollar tree January 6th was nothing
LMAO
There are so many erros in this vídeo that I don't know where is the best place to start.... but one of the worse parts surely was to fail to cite that, opposite from what is apparent here, the difficulties to grow the oil production had a clear motive: our oil is almost entirely under deep waters. In fact Petrobras developed many new technologies in order to be able to prospect it. It has been for decades the most technological advanced deep water oil producer in the world. And one of the things Lula did in his first terms was to invest in science and technology, like no other has done before, Petrobras being one of its main instruments.
No other country can compete with Petrobras in that.
Also forgot to mention Lula is the most corrupt president in the country history, involved in several money laundering scandals and passive corruption. His "good guy" approach is just a stage for his real desires.
I love the video. Great retrospective on Brazilian politics, but I missed the initiatives on converting Petrobras in a big energy company, not only oil and gas company. There is a lot of wind and solar energy in Brazil, that is also going to be used to grow the country and lead the transition.
Amazon is important but the taiga is 3 times as large... however siberia sucks to study compared to the amazon so you get all the studies there
It is about diversity. No only size. That’s why.
World's Largest Oil and Biofuel Producers (Million Barrels/Day), 2022
10. Kuwait (3.02)
9. Iran (3.66)
8. Brazil (3.77)
7. UAE (4.24)
6. Iraq (4.55)
5. China (5.12)
4. Canada (5.7)
3. Russia (10.94)
2. Saudi Arabia (12.14)
1. United States of America (20.21)
We're in 2023 but people continue thinking we Brazilians speak Spanish 🙄
"narrow margin" . hahah
What people say is lucky is actually management of resources. That is why economy is growing back. Pre salt oil was found because he financed research and universities. Social programs makes economies grow. The only problem is that basic schooling and health programs are under municipalities jurisdiction. Therefore not under Lula management.
When you say "management of resources", do you mean when Petrobras broke, in 2014, or when Brazil broke, in 2015?
Sorry, no, it wasn't management of resources, since those resources have been strapped from Petrobras to be used politically. It was luck which turned to horrible mismanagement when prices went back to normal.
Economia crescendo onde???
Great video but I didn't see any mention of Brazil and Petrobras being the leaders in renewable fuel (sugar cane Ethanol) since the 70's. Nowadays virtually all cars in the country run on both fuels (gasoline or ethanol) and mixing them as you wish is possible. Lula is taking Petrobras control back and the company will start growing fast again soon. Petrobras is 51% owned by the government and is the world leader in extracting oil deep in the sea.
"... the company will start growing fast again soon." what do you mean by that? Grow fast on corruption again?
The bribery scheme installed at Petrobras between 2004 and 2014 by Lula's PT government was elected the second largest case of corruption in the world, according to research carried out by the non-governmental organization Transparency International. Deviations in the Brazilian state-owned oil company stand out among the world's biggest scandals of wrongdoing.
How can the Company grow while the government puts the fuel and oil price down artificially? This is good for the people but there's no way a Company can grow in this scenario
@@fernando12972 and @zerradable. I've just reported a very well-known fact. You can research what Ford did and the results of it, google it.
@@fernando12972 that's good for the people in the short term... in the long run it always results in disaster.
At this point I believe each country has her own oil reserves
It only takes some drilling
Also, Petrobras is very aligned with Brasil self interest. It will hold a field discovery just to not give the gold in the wrong hands
The bribery scheme installed at Petrobras between 2004 and 2014 by Lula's PT government was elected the second largest case of corruption in the world, according to research carried out by the non-governmental organization Transparency International. Deviations in the Brazilian state-owned oil company stand out among the world's biggest scandals of wrongdoing.
another typo here, bolsonaro never closed "bolsa família", he simply swapped it for the emergency help from the pandemic times, which was similar to stimulus checks in usa
In reality he renamed Bolsa Família to Auxílio Brasil in almost same terms - for political reasons. I work/worked with these programs for both governments.
Emergency help was another program, that was temporary.
It's not a typo, it's disinformation done on purpose to fulfill their agenda.
No body deserve an accident like British Petroleum did in Mexico Gulf.
Petrobras has now announced the largest wind energy production project in Brazilian history
We have been summoned 🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷
But rest assured, y'all, if oil does transform us, it'll be into a terminally ill patient with Dutch Disease. We don't have the wherewithal to pull a Norway
Brazil has too big of a economy to experience something like the dutch disease
Maybe don't sell to China? Cause that will surely ruin you. If you sell the oil to the west you get stable payments and improved trade deals. Also the west is christian china is heretic. It's also closer
Most of these programs you said lula re-opened in 2023 were never closed. Bolsonaro changed the name and increased the amount, lula just changed the name again
Bolsonaro tirou todas as condicionantes que faziam o programa ter efeitos positivos na sociedade. Além disso, foi o congresso que aumentou pra 600, se dependesse do Guedes seria 200. Fora o pacote eleitoreiro... Desejo que esses canalhas não voltem nunca mais ao poder!!
“Changed” to distribute money indiscriminately on an election year. Lula put it back the way it was before. These past 4 years were a glitch in the democratic matrix of Brazil.
Bolsonaro just hasn't built any Fase 1 housing for the real poor people who need assistance, but ok... 😂
@@Alehzinhahobviously, because the videos of him visiting just built housing are fake
@@Alehzinhah what you are saying is literally a lie
For our fellow middle-easterners, here in brazil we have a saying: "Don't worry, there are no chances Brazil is gonna do right"
There is no Luck. The Pre-Sal basin was discovered in 1995. But there is no tecnology at time, so Petrobras launched Petrobras 3000, which is a program to develop technology. Petrobras always took leadership in deep sea exploration (all the records of deepest exploration are Petrobras'). And the Petrobras are the major FPSO operator in the world. There is no luck, there is a lot of work, reaseach, investments and courage.
Come to Brazil.
Impossível!! O Brazil 🇧🇷 é igual à Rússia. Toda a fortuna do país está nas mãos de 30-40 pessoas.
O resto…é tudo pobre. Uma pessoa é assassinada no Brazil todos os 80segundos.
Yap, thats it. The better chance for Brazil is to split the country in several countries or give huge autonomy to its states ( special economic autonomy ), but parties like the one of Lula or even Bolsonaro do the opposite. Create more centralization that struggles more and more to avoid corruption, avoid inflation, avoid high taxes or high loan rates...
What Lula is giving to the people today will be paid with high interest in the future.
Sure there's such problem in Brazil, but US with that homelessness problems, lawmakers in some states decided to make it illegal to feed homeless as solution, lol.
Tudo pobre? Menos vira-lata.
please, no more oil! Brazil right now is burning with an atypical wave heat on winter, even for a tropical nation. Part of brazilians want sustainable solutions.
Smart man. You don't axe your primary income source as a country without a replacement firmly in place or substantial stockpiled reserves. I like his take on both saving the Amazon and simultaneously not crippling Brazil by ditching its economic lifeline.
"Lucky" is a way that the opposition removes the merits from the government. Any other government from the opposition would give all the profits to billionaires and keep the issues with the inequality and environment as high as always have been.
I voted for Lula in 2022 against the Bolsonarist threat, but Lula is indeed lucky. With the issue of oil, commodity boom, etc. But a lucky center-right government like Lula is better than a Bolsonarist denialist extreme right.
This is gonna be Venezuela all over again isnt it
Yup. ..
Not that bad but close....
Yeah
00:12 - Wow, amid the images of Rio (which I thought would pretty much make up the entirety of this video), we get a few seconds of aerial footage showing Salvador (the city I was born and live in). There, upon the rocks, is the Santa Maria Fort, first built in 1614. I could even spot my building in the video. Unexpected, but nice to see. 👍🏻
Regarding the "hambre cero" debacle, i think the script of this video was originally produced by the Latam branch of this channel.
This video is probably just an English translation with some modifications. No harm, just lack of attention when localizing this.
If his first two terms are to judge I think he will be successful in this
What about the time he was in prison for corruption?
@@D1amond145 Clearly he has no idea what he is talking about, this guy and his whole gang should be in prison and their assets should have been seized long ago.
9:45 debt rose during the pandemic but was already at pre-pandemic levels at the end of Bolsonaro's mandate
9:50 due to Lula's threats of spending more the president of the central bank is forced to maintain these higher interest rates
10:02 Brazil's growth rate has been consistently much higher when compared to the initial projections of international organizations for the last 3 or 4 years, apparently because they fail to account the impact of Brazilian agriculture (agronegócio), that's not because of Lula
Other errors you can find being talked about here in the comments
Roberto Campos Neto não é "forçado" a manter os juros altos. Ele mantém os juros altos porque ele é um bolsonarista querendo prejudicar o governo, e porque ele está fechado com o povo do rentismo e do capitalismo financeiro não produtivo.
@@TheJoaovicente oh, claro, é porque ele é bolsonarista, né? E por que ele não beneficiou o Bolsonaro nas eleições de primeiro e segundo turno em 2022, visto que o Bolsonaro tinha mais a ganhar do que perder com juros artificialmente baixos?
Na real, o governo só quer gastar mais do que arrecada, tal como Dilma fez em seu segundo mandato, levando o país à decadência. E já começou dois meses consecutivos de déficit público.
Why do you point that brazil increasing the oil production is a bad thing when developed nations like usa and Canada are among major oil producing economy in the world. They have the foremost responsibility to stop oil production before expecting others to do so. Also the Europeans who have large oil companies which produces oil in other less developed countries and send profits to Europe to prosper.
I am brazillian and I find so hilarious this kind of mamba / salsa and all this kind of music that does not sound like Brazil when they want to talk about brazil
How much oil does Brazil have in terms of proven reserve? Is it more than Nigeria and the us put together.if so it'll surely help brazil.doubt it'll become Venezuela like some here commented
No, it lower than Nigeria and the US.
Brasil não explora todo o petróleo, tem muito na parte da Amazônia
It would not turn into a Venezuela because our economy is diversified enough not to be dependent only on oil, but most of the Brazilian oil is in the Amazon region
Still waiting for a maior economy channel to talk about the profound changes on its institutions Brazil has been going through over the past decade...
Oww man! check what happened with Petrobras during lula/dilma government. You can make a movie!
Basic research is hard, they rather just promote their world view and agenda. Convicted criminal? Nah, not important..........
heyhey everybody. Brazil has around 80% renewable energy if you Google it, it's more than my home country Denmark which is a massive player in green energy . . Brazil exports oil, just like Norway and has a vast amount of Hydroelectricity too.
Brazil doesn't even need oil to become one of the richest countries. It's a matter of changing their mentality.
That could be said about almost every country. That being said, relax, brazilians will not change anything in the right direction.
@@fturattiword
Sure, let's wait for the united states and saudi arabia to change their mentality first. Tell the Canadians they can survive winter with the right mentality and no oil.
Step one, stop electing convicted criminals to government position, especially not presidential.
@@droydi exactly
We currently have a kleptocracy in power and for sure, we will not be a decent country, at least for the next years. Luckily, our congress is conservative and always puts the brakes on the government and the high courts of justice, otherwise, and in a short time, we would become Venezuela.
@@makidonalds Não tenho bandido de estimação e rejeito o Lula e o Bolsonaro.
@@marcosortolani3639Chora!
@@marcosortolani3639 Cadê as joias? Vai um orçamento secreto ai, congresso conservador?
@@caiomaritan2212 Quem libera o orçamento secreto é o Lula, não o congresso.Não defendo o Bolsonaro, pois ele é tão nocivo para o país, quanto seu Lula.
》Cars? 😂 What about aircrafts, war ships, fighter jets, choppers, heavy (armored) vehicles, tanks, heavy trucks, submarines, missiles, rockets etc? Do they carry any batteries?
Nice video, but it lacks the Brazilian lost decade in 2010, where the results of Lula's politics almost lead Brazil and Petrobras to bankruptcy.
Praising Lula while wearing a shirt in support of Ukraine... oh the irony!
Why, does Lula support Russia?
@@RonaldinhoGoat He does. Lula already blammed Ukraine for being invaded by Russia.
This is the most American video I've ever seen. Such a blast of missinformation lol
Chora!!
It’s important to remember that oil isn’t only used for fuels, but also and extremely important, for petrochemicals. Or would you guys live without plastic ou asphalt?
Os combustíveis no Brasil são os mais caros do mundo.
Na vdd os impostos.... E elevar a moral do Lula chega a ser comico, uma vez que ele adora impostos e voltou com força com todos eles
Not with our actual politicians 🇧🇷😔
It’s not honest to talk about what Lula did with all the money from the commodity boom without talking about the massive corruption scandals and power grabbing, you’re really making him look like a really good guy.
Procure nos 11 containers do Lula.
One really important fact that u get totally wrong is that Bolsonaro closed Bolsa Familia. In fact, he rebrand it as "Auxílio Brasil". Also, during the pandemic, he gave a hudge increase (against leftsts and subordinates of Lula).
Just a context for the "bolsa familia"(Family allowance) it wasnt just a hand out, the program was designed by an sociologist in a systemic view, the program had an important condition, the beneficiary must keep all its kids in school, it was a program with an "exit path", the intention was that kids better instructed raised the home income out of the thershold of the program when they entered the job marked, and it worked, my mon was a benieficiary,i lived in a slum, now im a system engineer, she didnt let me skip one day of school through elementary to high school fearing losing the allowance, wich kept me connected with another kids in school, which led me to another program, a public credit for college with nearly 0% interest, it was really acessible, the bet was
"the paradox is, someone who isnt a engineer cant pay for college, but an engineer can easily pay college monthly fees"
It was never "a program to give handouts", but a chain of programs that feed in each other raising economy productivity and wealth, really smart shit
I will never forget the slogan of the "zero hungry" program, this program didnt have any condition to access, its slogan was "who are hungry, are in hurry", access to nutrition, no questions asked
stop talking nonsense, here in Brazil people receive and settle down and don't want to work just unnecessary tax expense
Despite the fact that the editors of this channel don’t know that Brazilians speak “Portuguese” and not bloody spanish, Lula is going to the right direction being an influential world leader and trying to negotiate with BRICS but also with US and EU. Brazil has very strong institutions and still one of the most solid democracies in the world. Recently Brazil has promoted a tax reform system which will be great for global investors once the laws and regulations are now much more clear and well structured. The social programs that Lula has implemented in Brazil is just what Europe and US have been doing for decades and nobody never called them socialist, but if any other countries try to help a bit their own population then they automatically are seeing as “communists”. Well done Lula!🇧🇷
How does he help you?
Meaning like the way oil changed Venezuela from the third richest country in the Western Hemisphere to the worst economy in the world? 😉😒😏
It was politics that did it
@@Srpopo2000 Nope, economics. The Chinese were/are the smartest Commies. They kept the Political System (a Communist /Nationalist, Totiltarian one) but threw out the Communist ideas of running an economy while stealing everything they can from the West.
@@Srpopo2000politics and embargo
Dont you think they will learn with them mistakes?
@@MrVitorao Yes man, I really hope they do!!!!
"Hambre zero"... Wrong language LOL
I like to know how they know where to drill without tons of holes
Lula says: We are gonna explore our oil !
Everyone be like: OMG such a hero !
Bolsonaro says: We are gonna explore our oil !
Everyone be like: OMG remove this fascist from power !
pelo que me lembre ninguém falou isso.
Bolsonaro foi criticando por ter vendido refinarias de petróleo nossa por um preço super abaixo do avaliado.
@@joaogabriels.f.5143 Literalmente Bolsonaro foi crucificado na mídia global como um "vilão do clima", como uma ameaça a existência da humanidade. Agora tenho que ver os mesmos palhaços aplaudindo Lula por querer tirar petróleo da foz do Rio Amazonas ? Isso é muito ridículo !
Sobre refinarias, faça uma busca sobre "Abreu e Lima", só te falo isso.
Bolsonaro selling our refinery to the Saudi Arabia: "give me jewels"
What about Abreu e Lima refinery ? It was planned to cost US$ 2 billion, but at the end of workers party government, it had already consumed a ridiculous amount of US$ 20 billion and wasn't even ready !
Bolsonaro should have sold more refineries, now unfortunately, the thieves are back to the crime scene.
Os lulistas e os anti-bolsonaristas não são contra a exploração do petróleo, mas são contra a destruição da natureza. Lula promete explorar o petróleo minimizando o impacto ambiental. Tanto que a exploração na foz do Rio Amazonas está sendo muito debatido por questões ambientais. Já o ex presidente Bolsonaro era taxativo em seu posicionamento contrário aos ambientalistas, negando incluisve o aquecimento global e apoiando o desmatamento indiscriminado da Amazônia. São posturas completamente diferentes, embora ambos sejam a favor da exploração do petróleo,
No discussion of Brazilian biofuels?
Yess. Everyone talking about EVs as if EVs charged on a power grid moved by coal would change anything. Biofuels is a cheap and reliable carbon neutral source of energy
@@MrVitorao, moreover, people from western countries do not seem to realize the impact of mining have, especially because it’s localized mostly in “third world” countries like Bolivia. Who gives a fuck when buying a Brand new Tesla if for that a bunch of bolivians lost their access to fresh water due to toxic heavy metals coming from the minings nearby?
de lula can use some of the oil funds to fund green initiatives. nuclear, solar, wind,wave, and electric. we as a global society are not close to kicking oil out but we can do every bit to help our planet stay habitable for humans for many centuries.
The bribery scheme installed at Petrobras between 2004 and 2014 by Lula's PT government was elected the second largest case of corruption in the world, according to research carried out by the non-governmental organization Transparency International. Deviations in the Brazilian state-owned oil company stand out among the world's biggest scandals of wrongdoing.
Recently, Petrobrás found a reserve of 14 billion barrels of oil, on the north/northeast coast of Brazil, we just can't explore it yet, because of IBAMA (environmental agency)
You really need to get better research. Bolsonaro never cut the Bolsa Família program. He renamed it “Auxílio Brasil” (Brazil Help). And Brazil surprising economic growth in 2023 is a result of the economic policies enacted between 2017 and 2022. Nome of it is due to Lula. Also, the Chico Mendes Institute (ICMBio) was never closed. In fact, in 2020 a law was enacted to improve the organizational structure of the Institute. You’re getting so many things wrong. It’s disrespectful to brazilians.
Not really, you are the one who needs to do some research, some serious research, because under Bolsonaro the inflation was higher, the dollar was higher and he only enacted social programs when his popularity was down. He was a disaster to Brazil’s economy, and on the top of that zero foreign policy independence. Him and Michel Temer’s government were a total disaster to both the economy and the environment. Good riddance!
Bolsonaro suppoters even here xD
@@jacanaestrada6257Is the Bolsonaro's supporter lying on his correction?
Quem precisa se informar é vc. Seu candidato não se reelegeu, todo politico se reelege, pra isso não acontecer é pq seu candidato é podre, tanto que foi julgado INELEGIVEL, ou seja, já pode parar com essa porra de fake news e arranjar um serviço, já que ler um livro vc não vai mesmo!
Those who criticize Lula PT's surreal corruption are now "Bolsonaro's supporters". Bad news for you guys this will never be forgotten and one day justice will be served accordingly.
💪🏻🇧🇷
The bribery scheme installed at Petrobras between 2004 and 2014 by Lula's PT government was elected the second largest case of corruption in the world, according to research carried out by the non-governmental organization Transparency International. Deviations in the Brazilian state-owned oil company stand out among the world's biggest scandals of wrongdoing.
We don't speak Spanish in Brazil. Hambre cero never existed as a term here.
Brasilians are investing a lot in solar energy for their homes and eletric cars to stop dependency on gasoline.
A correction: Bolsonaro's never ended Bolsa Família as you've said. Before he was elected, Bolsa Família paid up to R$180 per household. When the pandemic came around, the government established a stimulus check called Auxílio Emergencial that paid up to R$600 a month for a few months to those who became incapable of sustaining their families. After things settled down a bit, Bolsonaro then rebranded Bolsa Família to Auxílio Brasil and incorporated the stimulus check program into it, increasing its payment to R$600 permanently. Lula got elected and rebranded it again back to Bolsa Família because it was originally "his" social program from his first mandate in 2003 (populist politics never change...) and established new rules that could increase the payment even more depending on the family's structure.
another correction: Bolsonaro and Guedes never proposed 600 reais, such an amount was only possible by deliberation of the national Congress.
The government proposal was still higher than what Bolsa Familia paid.
Bolsonaro never proposed 600 reais, it was 200 reais and the opposition (left) has fighted for the 600 reais. And the original name is Bolsa Familia, so its legitimate to remain this name, not the electoral one that the right tried to steal.
Brasil could go full renewables and EV's!! Blessed by climate and Geography!!
Sure... If we were already rich and had minimum infrastructure and technology.
Dumb idea… why take Brazilian energy & exchange it for dependence on China, to export Brazilian currency to rich fat cats in China’s Communist Party?
Hmm, too cloudy for solar. You've got hydro power
@@Hession0Drasha - domestic power is always a good thing!!!
Biofuels is the way to go. Is a cheap and reliable carbon neutral fuel that doesnt rely on the country's power matrix
I just came from a visit to southern Brazil. Everything’s Ok but the cost of gas is very expensive. I filled my small rental with the equivalent of $40.
You came at a very bad time, earlier this year, when Lula got elected, he lowered the price for gas by a lot, but that fucked up our current gas prices, sorry for that. I hope you had a good time here!
I’m a Brazilian and the video is pretty much accurate but it has a minor mistake.
Bolsonaro has not closed the “Bolsa Família” program, basically he just changed the name of the program to “ Auxílio Brasil “.
10:30 Bolsonaro didn't close the Bolso Família Program, he changed the name after a series of changes in it's policies that EXPANDED the benefits, Lula changed the name back and REDUCED the benefits.
Very good video, but some corrections: Brazil is expected to grow 2.31% this year, according to the Central Bank (the next report comes out tomorrow and the latest economic data was much better than expected, so maybe this number will go up to 2.5%), and the country's gross debt is 74.1%, with a downward trend thanks to the new fiscal framework that was sanctioned by Lula.
Edit: Boletim Focus out today, prediction is now at 2,56% growth. Other sources state 3% or more.
It's 3% now.
@@ender8759 I used the last "Boletim Focus", but great to know! Thanks for the corection.
It's over 3%as now and may be between 3.25% and 3.75 By all the predictions. That's no luck thats a good work plan.
@@heraldocosta1469 Cara, eu enxergo como um pouco dos dois. Ha muitas boas políticas sendo implementadas, mas algumas outras das quais acho que estão tomando tempo e atenção demais de outros assuntos. Mas sim, há trabalho competente. Apesar da alta no preço das commodities, elas estão mais baixas que o ano passado.
@@heraldocosta1469 Which work plan did this governmant made to induce a GDP increase of 0,9% in less than a year? You seem delusional to believe in such nonsense.
It's Not "luck", is understanding and making a good work.
i hope brazil will evolve into a superpower