South American Economics/China-Latin American Relations Thread

[luminary]

Standard right wing US-backed puppet president bows to commercial pressure and signs deal with China.​

https://twitter.com/i/web/status/1659971913899188225

https://twitter.com/i/web/status/1750320521789739472

Ecuadorian president signs decree ratifying free trade agreement with China​

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[luminary]

This has been ongoing for 40 years in Argentina-the hyperinflation.

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I’d postulate that Argentinians have lost their life savings about 4 times before 2001.

1. 1983 and before: Peso
2. 1983-85: Peso Argentino (10,000 old Pesos = 1 Peso Argentino)
3. 1985-91: Austral (1,000 Peso Argentino = 1 Austral)
4. 1992 and since: Peso Convertible (10,000 Austral – 1 Peso Convertible)

 

[luminary]

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The Intercidades line will connect the metropolitan regions of São Paulo, Jundiaí and Campinas, using 15 trains.

The contract also includes the construction of a 44km inter-metropolitan train line (TIM), which will have five stations: Jundiaí, Louveira, Vinhedo, Valinhos and Campinas.

Construction of Trem Intercidades is expected to be completed in 2031, while TIM is likely to be finished in 2029.

“The success of this auction can stimulate other passenger train projects to connect different cities," Joubert Flores, president of Brazilian passenger transport association

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, told BNamericas.

 

[gelgoog]

Brazil should just build a HSR line between São Paulo and Rio de Janeiro.

 

[tphuang]

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big deal for Brazil. Getting Brazil is so difficult if you don't have a car.