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Viewing cable 09SAOPAULO152, MEDIA REACTION - GLOBAL ECONOMY: FINANCIAL MARKET CRISIS;

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Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #09SAOPAULO152.
Reference ID Created Released Classification Origin
09SAOPAULO152 2009-03-19 12:30 2011-07-11 00:00 UNCLASSIFIED Consulate Sao Paulo 
VZCZCXYZ0011
OO RUEHWEB

DE RUEHSO #0152 0781230
ZNR UUUUU ZZH
O 191230Z MAR 09
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 9024
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 0174
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9068
 
UNCLAS SAO PAULO 000152 
 
SIPDIS 
 
STATE INR/R/MR; IIP/R/MR; WHA/PD 
 
DEPT PASS USTR 
 
USDOC 4322/MAC/OLAC/JAFEE 
E.O. 12958: N/A 
TAGS: KMDR OPRC OIIP XM XR XF BR
SUBJECT: MEDIA REACTION - GLOBAL ECONOMY:  FINANCIAL MARKET CRISIS; 
STIMULUS PACKAGES; PROTECTIONISM; G-20 FINANCE MINISTERS' MEETING; 
WESTERN HEMISPHERE:  CHAVEZ; SAO PAULO 
 
Chavez fulfills his words 
 
Editorial in center-right O Estado de S. Paulo (3-18) states: "When 
ordering the military occupation of the three most busy ports in 
Venezuela, coronel Hugo Chavez, once more, fulfilled his 
words....the new law is clearly unconstitutional....nevertheless, 
this is an aspect that has never kept the general from 
sleeping....Hugo Chavez is completing, thus, the process of 
undermining the power of states and municipalities run by the 
opposition." 
 
Is the world really more closed? 
 
Op-ed in center-right O Estado de S. Paulo (3-18) by Andre Meloni 
Nassar states: "....there is no doubt that the decrease in 
international trade comes along with more intensive uses of 
restrictive measures.....even though the efforts to use the G20 
meeting in London to reinforce the curse of restrictive measures to 
trade are valid, we know that countries will not renounce to them. 
Our consolation is that in the current crisis, unlike that of 1929, 
the drop in trade is the outcome not the cause." 
WHITE