{"id":82870,"date":"2017-08-13T12:10:00","date_gmt":"2017-08-13T15:10:00","guid":{"rendered":"https:\/\/www.duploexpresso.com\/?p=82870"},"modified":"2018-01-14T18:37:48","modified_gmt":"2018-01-14T20:37:48","slug":"alerta-golpe-reprivatiza-vale-agora","status":"publish","type":"post","link":"https:\/\/duploexpresso.com\/?p=82870","title":{"rendered":"Alerta: Golpe \u201cre-privatiza\u201d Vale, agora desnacionalizada"},"content":{"rendered":"<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<img decoding=\"async\" alt=\"..\/..\/Desktop\/Vale%20reprivatizac\u0327a\u0303o%20desnacionalizante%20copy.jpg\" src=\"https:\/\/lh6.googleusercontent.com\/UqDM8yGBlLv_d3orWBk9kS9mPfp8Xp-7R57meCtxD2vTliVAuded4FudiDLX4KX13NDg-tPXcOEKqx1d2Uw13RE3149oS6HgpxrcQlwvDU6e_hEGlTzObwryDWlAueNk5XzANevP6T_autkc\" style=\"border: none; transform: rotate(0rad);\" \/><\/div>\n<p><b id=\"docs-internal-guid-7c62799c-db6c-389a-c894-ac96a6c4ef1a\" style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nAlerta: Golpe \u201cre-privatiza\u201d Vale, agora desnacionalizada<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nPor Romulus<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nGolpe: numa tacada s\u00f3 os gringos passam a ter METADE dos votos na Vale!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEvidentemente, os seus interesses convergem com os do Bradesco, outro grande acionista:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: italic; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCorte de custos;<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: italic; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nMaximiza\u00e7\u00e3o dos lucros e do pagamento de dividendos no curto prazo;<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: italic; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInvestimentos apenas nas atividades mais lucrativas, de r\u00e1pido retorno.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nE, assim, juntos, formam a maioria!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n&#8211; Espolia\u00e7\u00e3o do futuro do Brasil<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nTudo isso, \u00e9 claro, desconsiderando:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: italic; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInteresses de longo prazo da empresa;<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: italic; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInteresses econ\u00f4micos e estrat\u00e9gicos do Estado brasileiro.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: italic; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInteresses dos trabalhadores e das comunidades afetadas pelas atividades da empresa.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEm suma: como adiantado no t\u00edtulo, \u00e9 o golpe da \u201creprivatiza\u00e7\u00e3o\u201d desnacionalizante.<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<p><a name='more'><\/a><br \/>\n*<br \/>\n<b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nAbro o notici\u00e1rio hoje e me deparo com um an\u00fancio \u201cbacana\u201d&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nDando conta de que a Vale adotar\u00e1&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; \u201cos mais altos padr\u00f5es de governan\u00e7a corporativa\u201d.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u201cComo?\u201d, perguntam-se os leitores&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nBem&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nA resposta \u00e9 \u201csimples\u201d:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; Convertendo a\u00e7\u00f5es preferenciais (sem direito a voto) em a\u00e7\u00f5es ordin\u00e1rias (com direito a voto).<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\/Users\/romulosoaresbrillo\/Desktop\/Screen Shot 2017-08-13 at 10.09.41.png\" height=\"931\" src=\"https:\/\/lh3.googleusercontent.com\/19ueCTaih9L5FqngDDPDP7Z2wVFtAyw3XK82y5KziLC4OjZVsC-ZjVW2Nqa7_0hL_RkcujiBJSX3S2512DvRDLmyp4URL3yuF4qAN-dafNxmpfkS2omsDCXvyPTSvlOwA2u1k9TUfoBEXfb3\" style=\"border: none; font-family: Verdana; font-size: 21.3333px; transform: rotate(0rad); white-space: pre-wrap;\" width=\"477\" \/><\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nTendo trabalhado com direito societ\u00e1rio e conhecedor da composi\u00e7\u00e3o acion\u00e1ria da Vale p\u00f3s-privatiza\u00e7\u00e3o (1997) e dos \u201cconflitos de interesse\u201d no bloco de controle (especialmente nos governos Lula e Dilma), nem precisei abrir a mat\u00e9ria para entender o golpe.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEm vez disso, corri pro Twitter para dar o alerta:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\nGolpe na VALE!<br \/>\n&#8220;Re-privatiza\u00e7\u00e3o&#8221;!<br \/>\nAproveitam Golpe p\/diluir FUNDOS DE PENS\u00c3O no quadro acion\u00e1rio.<br \/>\nDESNACIONALIZA\u00c7\u00c3O!<a href=\"https:\/\/t.co\/2TBQrQGBJ3\">https:\/\/t.co\/2TBQrQGBJ3<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/896636325968916480\">August 13, 2017<\/a><\/p><\/blockquote>\n<p><\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\nFundos n\u00e3o &#8220;empatar\u00e3o&#8221; + Bradesco\/japoneses na administra\u00e7ao.<br \/>\nVira empresa 100% desligada de projetos de desenvolvimento nacional de vez.<\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/896638573297926144\">August 13, 2017<\/a><\/p><\/blockquote>\n<p>\n<b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSem rea\u00e7\u00e3o<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nAl\u00e9m do estarrecimento com a \u201cnot\u00edcia\u201d em si, assustou-me a constata\u00e7\u00e3o de n\u00e3o ter visto NINGU\u00c9M at\u00e9 aqui na blogosfera e \u2013 pior ainda \u2013 na esquerda parlamentar alertando para o golpe em curso na Vale.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSer\u00e1 que me escapou?<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSe for o caso, sendo eu uma pessoa bem informada, em vista da gravidade do tema, \u00e9 porque n\u00e3o foi dada a devida \u00eanfase.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEspecialmente nas consequ\u00eancias.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u201cBingo!\u201d<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nDepois do alerta (tardio&#8230;) no Twitter, corro para o Google para fazer uma pesquisinha r\u00e1pida&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nE, assim, checar se a minha suposi\u00e7\u00e3o, \u201cde orelhada\u201d, partindo apenas da leitura da manchete, estava correta.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nN\u00e3o deu outra!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"..\/..\/Desktop\/Screen%20Shot%202017-08-13%20at%2010.30.51.png\" height=\"330\" src=\"https:\/\/lh4.googleusercontent.com\/EXrb3_1IoqTZXNriKJAv-c5WS5UUAcQkwYqLIOHJaRJc5hznukoN6LouTa2P78zNcmRnudeWH4N2UqRm4__UZuww2YFyYWPd-EcGDrvhgB2EZvz69UmslngUmq6rMfvilc7aRyR0atX1WWyo\" style=\"border: none; transform: rotate(0rad);\" width=\"640\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"..\/..\/Desktop\/Screen%20Shot%202017-08-13%20at%2010.31.13.png\" height=\"245\" src=\"https:\/\/lh6.googleusercontent.com\/xwafFcpiOZdAo-26Cm_58iGvX4t-KGlb8HLTdRZKNXUvkxDQw67sx9lBSB4n2k4OaMdbK4XqrdoeUnY95TJ-phCx2ay_0FmApT7xD02dcEqrhb7JgV9VH_QZK6MCWhzj6h964Khy5TK9YQ0s\" style=\"border: none; transform: rotate(0rad);\" width=\"640\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"..\/..\/Desktop\/Screen%20Shot%202017-08-13%20at%2010.31.25.png\" height=\"255\" src=\"https:\/\/lh5.googleusercontent.com\/x657w_b9B8YJFFhzSsXMzJ7hfCRpcvDhLsJQK1VulK5nvHtj7PioibtUjpP-V7qpvWMRij7KkC73If1S6aNfN8L8TRDZLhrvBW_AmHrfKF_WTD7bgH3mJX92o_zHZEltYm9glbbY1WVZMHDd\" style=\"border: none; transform: rotate(0rad);\" width=\"640\" \/><\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCom essa \u201cmelhora da governan\u00e7a corporativa\u201d, numa tacada s\u00f3 os gringos passam a ter METADE dos votos na Vale!<\/p>\n<p>Detalhe: dos &#8220;investidores brasileiros&#8221;, a outra metade, n\u00e3o sabemos quantos s\u00e3o &#8220;apenas&#8221; holdings constitu\u00eddas no Brasil, mas com s\u00f3cios estrangeiros!<\/p>\n<p>(legalmente s\u00e3o consideradas &#8220;brasileiras&#8221;!)<\/p><\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEvidentemente, os interesses dos estrangeiros convergem com os do Bradesco, outro grande acionista:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCorte de custos;<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nMaximiza\u00e7\u00e3o dos lucros e do pagamento de dividendos no curto prazo;<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInvestimentos apenas nas atividades mais lucrativas, de r\u00e1pido retorno.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nE, assim, juntos, formam a maioria!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEspolia\u00e7\u00e3o do futuro do Brasil<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nTudo isso, \u00e9 claro, desconsiderando:<\/p>\n<\/div>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 700; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInteresses de longo prazo da empresa;<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 36pt; margin-top: 0pt;\">\n(basta maximizar o retorno sobre o capital no curto prazo, receber dividendos recordes, valorizando dessa forma (artificialmente) as a\u00e7\u00f5es, vende-las na alta e&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 85.05pt; margin-top: 0pt;\">\n&#8211; &#8230; &nbsp;sair fora!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 35.45pt; margin-top: 0pt;\">\nQuem sabe, vendendo para os vorazes Chineses??)<\/p>\n<p><\/div>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 700; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInteresses econ\u00f4micos e estrat\u00e9gicos do Estado brasileiro.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 36pt; margin-top: 0pt;\">\n(e.g., ritmo de explora\u00e7\u00e3o de jazidas, venda de ativos relevantes a terceiros (estrangeiros? Compradores dos min\u00e9rios? Concorrentes?), contrata\u00e7\u00e3o de fornecedores no Brasil ou no estrangeiro, converg\u00eancia da grande capacidade de investimento da Vale com a estrat\u00e9gia de desenvolvimento do pa\u00eds)<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 36pt; margin-top: 0pt;\">\n<\/div>\n<p><img decoding=\"async\" alt=\"..\/..\/Desktop\/vale%202.jpg\" src=\"https:\/\/lh6.googleusercontent.com\/paCh0wxbRLUiKCVnuCcrqcceTI5K0Ds3kfcWeiAFXwNi-cXCjuZspo91i0__o_GkhtD491tkE9YExrJ63daIEsKT5OklhI3PL35e2qHYOlZu92cMncY3pDS1sxs0kA1pIPITrRiiKhQQdGlc\" style=\"border: none; font-family: Verdana; font-size: 16pt; transform: rotate(0rad); white-space: pre-wrap;\" \/><br \/>\n<b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<b style=\"font-weight: normal;\"><br \/><\/b><\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: black; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 700; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nInteresses dos trabalhadores e das comunidades afetadas pelas atividades da empresa.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 36pt; margin-top: 0pt;\">\n(uma palavra: Ma-ri-a-na!)<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 36pt; margin-top: 0pt;\">\n<\/div>\n<p><img decoding=\"async\" alt=\"..\/..\/Desktop\/o-MARIANA.jpg\" src=\"https:\/\/lh4.googleusercontent.com\/31KQyNaTS0SgH0I2SWyeUKkTHIqwNei6JiCgx9orNLpHKk3snaybxTs2aYLvK_VWCcVJiFjgYp8YcYsjGczHkl-U-uJ4D-NoplLoXbDBRPnCEnRVLMAJhwcIQ_kPupWHECMSlgTRuEy0LzBE\" style=\"border: none; font-family: Verdana; font-size: 16pt; transform: rotate(0rad); white-space: pre-wrap;\" \/><\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSil\u00eancio h\u00e1 meses<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSeguindo na minha pesquisinha no Google, descubro uma mat\u00e9ria da Reuters \u2013 de 6 meses atr\u00e1s! \u2013 contando a \u201cboa nova\u201d para os gringos:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n(aten\u00e7\u00e3o aos CQDs!)<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n<a href=\"http:\/\/www.reuters.com\/article\/us-vale-sa-equity-agreement-idUSKBN15Z1DD\" style=\"text-decoration: none;\">Vale to scrap controlling bloc, merge shares in major governance move<\/a><\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n20\/2\/2017<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nGuillermo Parra-Bernal and Marta Nogueira<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nREUTERS<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nSAO PAULO\/RIO DE JANEIRO (Reuters) &#8211; Vale SA (VALE.N) (VALE5.SA) plans to become a company with no defined controlling shareholder as soon as possible, in a landmark step aimed at enhancing transparency and equal rights for all shareholders in the world&#8217;s largest iron ore producer.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\n\u201cTranspar\u00eancia\u201d e \u201cdireitos iguais\u201d&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nQue embalagem bonita pro&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; golpe da reprivatiza\u00e7\u00e3o desnacionalizante!<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nControlling shareholders grouped under holding company Valepar SA agreed to stay together for up to 3-1\/2 more years. Under those terms, they will present a proposal soon by which Vale will incorporate Valepar and proceed to merge the company&#8217;s several classes of stock into a single, common one by November.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nA Valepar \u00e9 a holding que, at\u00e9 aqui, tinha a maioria das a\u00e7\u00f5es com direito a voto.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSeus s\u00f3cios s\u00e3o o Bradesco, a japonesa Mitsui e fundos de pens\u00e3o de empresas estatais, como a Previ.<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe existing 20-year accord governing Valepar that expires in May will be extended through November to guarantee the transition. Holders of Vale&#8217;s Class A preferred shares (VALE5.SA) who join the share conversion voluntarily will receive 0.9342 common stock (VALE3.SA), as part of the process.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nTo ensure completion of the plan, Vale would pay owners of Valepar a 10 percent premium for their shares, implying a 3 percent dilution for all shareholders. The former Valepar owners can sell the equivalent of up to 22 percent of Vale&#8217;s common shares after a six-month lockup period starting in August expires, provided they keep a 20 percent stake by November 2020.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nEpa!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u201cOs s\u00f3cios\u201d (leia-se: \u201cfundos de pens\u00e3o\u201d!) \u201cpoder\u00e3o\u201d (leia-se: \u201cdever\u00e3o\u201d!) vender a maior parte de suas a\u00e7\u00f5es a partir de 2018. E o restante em 2020.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEvidentemente, isso \u201cnada\u201d tem a ver com a deprecia\u00e7\u00e3o conjuntural dos ativos brasileiros em geral e, em particular, com os baixos pre\u00e7os no mercado global de commodities, n\u00e9?!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nB\u00f4nus do \u201clul\u00f4metro\u201d<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nAl\u00e9m, \u00e9 claro, da deprecia\u00e7\u00e3o adicional das a\u00e7\u00f5es com um certo \u201cLula\u201d liderando todas as pesquisas de inten\u00e7\u00e3o de voto para a Presid\u00eancia da Rep\u00fablica ~justamente~ no tal&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; &#8220;2018&#8221;??<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u00c9 golpe no patrim\u00f4nio dos Fundos, minha gente!<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe change represents a milestone in a country long hobbled by corporate governance abuses and reorganizations that hampered minority investors in most cases. Reuters reported on Jan. 19 details of the plan to make Vale a company with dispersed share ownership and the listing of a single type of stock.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nOlha a\u00ed!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nJ\u00e1 se sabia do golpe ao menos desde janeiro!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCad\u00ea a repercuss\u00e3o pelos ve\u00edculos de esquerda\/ patriotas?<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCad\u00ea a repercuss\u00e3o pelos partidos de esquerda e pelos pol\u00edticos com mandato?<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n(suspiro)<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe announcement sparked a surge in common shares of Rio de Janeiro-based Vale, which touched their highest level in more than four years. Preferred shares, Vale&#8217;s most widely traded class of stock, also hit their highest level since January 2013.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nQue beleza!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEuforia no mercado!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSer\u00e1 que rolou insider trading tamb\u00e9m??<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nVale shares were up 7.1 percent at 36.48 reais in afternoon trading in Brazil.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8220;This is a historical opportunity for Vale and an invitation from the controlling bloc to investors to join a company with strict governance standards,&#8221; Chief Executive Officer Murilo Ferreira said on a conference call to discuss the Valepar proposal.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nMurilo Ferreira&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u201cNomeado\u201d (aspas&#8230;) pela Dilma, hein&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nJoia!<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nAt least 54 percent of holders of Vale&#8217;s preferred shares are needed to approve the conversion, which is also linked to the passage of the entire proposal. Vale may convene a shareholder assembly to vote on the entire plan around June, he said.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe 3.073 billion-real ($990 million) goodwill generated by Vale&#8217;s incorporation of Valepar will be shared equally among all shareholders, Chief Financial Officer Luciano Siani said on the same call.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8220;There are multiple angles of value creation here: re-rating of shares, lower discount rates, higher liquidity, reduced perception of government interference, removal of an overhang,&#8221; said Leonardo Correa, an analyst with Banco BTG Pactual.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\n\u201cValoriza\u00e7\u00e3o das a\u00e7\u00f5es, maior liquidez (facilidade para vender) e fim da interfer\u00eancia do governo\u201d!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCQD (1)<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nBUYOUT<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nPeople familiar with the matter told Reuters in January that Valepar members Bradespar SA (BRAP4.SA) and pension fund Previ Caixa de Previd\u00eancia [PREVI.UL] wanted a dispersed share ownership in Vale as a way to attract more investors.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nPiada!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nQuem quer \u201catrair mais investidores\u201d \u00e9 porque&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; quer vender!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 85.05pt; margin-top: 0pt;\">\n&#8211; &#8230; na alta!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCQD (2)<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nOnce the final accord expires in November 2020, a shareholder who owns more than 25 percent of Vale will be forced to launch a buyout offering.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nTentam enterrar a possibilidade de revers\u00e3o, tornando-a cara demais:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; Se um acionista tentar adquirir mais do que 25% das a\u00e7\u00f5es, ter\u00e1 de fazer uma OPA, oferta p\u00fablica de aquisi\u00e7\u00e3o, de todas as a\u00e7\u00f5es em circula\u00e7\u00e3o no mercado.<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe partners in Valepar include Previ &#8211; currently Vale&#8217;s largest shareholder &#8211; Bradespar, Japan&#8217;s Mitsui &amp; Co (8031.T), an arm of state development bank BNDES, and pension funds Petros Funda\u00e7\u00e3o [PETROS.UL], Funcef [FUNCEF.UL] and Funda\u00e7\u00e3o Cesp.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe plan could give some of those cash-strapped pension funds the possibility to cash out from Vale, whose two classes of shares have risen almost four-fold over the past 12 months.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nOs \u201cpobres\u201d dos fundos de pens\u00e3o, incluindo a Previ, maior acionista da Vale, \u201cpoder\u00e3o\u201d levantar dinheiro vendendo suas a\u00e7\u00f5es (!)<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nAh, t\u00e1&#8230;<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nShares of Bradespar, which is controlled by Banco Bradesco SA (BBDC4.SA), posted their biggest intraday jump ever, soaring as much as 20 percent. Analysts said the accord increases the value of Bradespar&#8217;s net assets while freeing it from having to make a large cash payment to Previ for renewing the accord.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nEpa!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nNo velho modelo p\u00f3s-privatiza\u00e7\u00e3o (1997), o Bradesco teria de pagar uma bolada para a Previ para renovar o acordo de acionistas.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nEssa obriga\u00e7\u00e3o simplesmente&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; \u201cdeixou de existir\u201d (!)<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nE, \u00e9 claro&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; as a\u00e7\u00f5es da holding Bradespar explodiram!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; 20% de ganhos num s\u00f3 dia!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSer\u00e1 que teve mais gente com \u201cganhos espetaculares\u201d nesse dia??<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nQual o n\u00edvel de \u201csofistica\u00e7\u00e3o\u201d de eventuais&#8230; \u201cganhos\u201d?<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nMalas com cash?<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nOu conta numerada na Su\u00ed\u00e7a\/ Liechtenstein\/ Singapura?<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8216;GOLDEN SHARE&#8217;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nA simpler shareholder structure in which Vale&#8217;s board, and not Valepar, will decide strategy, and higher liquidity stemming from the end of the Valepar lockup period could spark a gain of 15 percent in Vale&#8217;s valuation, analyst Thiago Lofiego of Bradesco BBI said.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nCurrently, Vale&#8217;s American depositary receipts (VALE.N) trade at the equivalent of 10.5 times estimated earnings for this year, below Rio Tinto Plc&#8217;s (RIO.L) 10.7 times and BHP Billiton Plc&#8217;s (BLT.L) 15.9 times, according to Thomson Reuters data.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nMonday&#8217;s announcement will help improve investor perceptions of the company, translating into a faster convergence of Vale and Rio Tinto share prices and a decline in Vale&#8217;s cost of capital, BTG Pactual&#8217;s Correa said.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe plan will also help limit government interference in Vale &#8211; an aspect that weighed down the company&#8217;s stock during President Dilma Rousseff&#8217;s five years in office. Improved governance stemming from the move could help Vale&#8217;s stock cut the valuation gap relative to global mining peers.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\n\u201cLimitar a interfer\u00eancia do governo\u201d.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nCQD (3)<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nStill, the Brazilian government will keep a so-called golden share, a legal mechanism that allows it to fend off hostile takeover attempts and shape strategic decisions, Ferreira said.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nPiada!<\/p>\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nThe strategy replicates the move that helped release planemaker Embraer SA (ERJ.N) from government control in 2006. Embraer&#8217;s share conversion was tied to the scrapping of a shareholder accord and the government keeping a golden share.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\n\u201cIgual a Embraer\u201d, gente&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u201cNada demais\u201d, sabe&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nSei, sim&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nApenas com a \u201cpequena\u201d diferen\u00e7a de que a Vale det\u00e9m os direitos de minera\u00e7\u00e3o das maiores jazidas do pa\u00eds!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u00c9 maior e tem impacto muito mais relevante na economia brasileira e na estrat\u00e9gia de desenvolvimento nacional.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nA Embraer, embora tamb\u00e9m estrat\u00e9gica pelo fator tecnol\u00f3gico, importa a maioria dos componentes dos seus avi\u00f5es, \u201creexportados\u201d em seguida no avi\u00e3o terminado.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nN\u00e3o tem uma cadeia de fornecedores nacionais e n\u00e3o induz o desenvolvimento de forma significativa para al\u00e9m da sua pr\u00f3pria opera\u00e7\u00e3o.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nBraZil S.A.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nPara fechar, volto ao in\u00edcio&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nReleiam a reveladora manifesta\u00e7\u00e3o do atual Presidente da Vale na chamada:<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"\/Users\/romulosoaresbrillo\/Desktop\/Screen Shot 2017-08-13 at 10.09.41.png\" height=\"931\" src=\"https:\/\/lh3.googleusercontent.com\/19ueCTaih9L5FqngDDPDP7Z2wVFtAyw3XK82y5KziLC4OjZVsC-ZjVW2Nqa7_0hL_RkcujiBJSX3S2512DvRDLmyp4URL3yuF4qAN-dafNxmpfkS2omsDCXvyPTSvlOwA2u1k9TUfoBEXfb3\" style=\"border: none; font-family: verdana; font-size: 16pt; transform: rotate(0rad); white-space: pre-wrap;\" width=\"477\" \/><\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n\u201cTransformar (a Vale) na CORPORATION (!) que todos (quem??) queremos que ela seja\u201d<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n\u201cCorporation\u201d!!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n&#8211; P\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1\u00c1!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nA mat\u00e9ria do Brasil 247, ali\u00e1s, reproduz mat\u00e9ria original da mesma&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; Reuters!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nE, assim, o c\u00edrculo se fecha:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n<a href=\"http:\/\/br.reuters.com\/article\/topNews\/idBRKBN1AS0HK-OBRTP\" style=\"text-decoration: none;\">Ades\u00e3o a plano para pulverizar controle foi de 84,4%, diz Vale<\/a><\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n12\/8\/2017<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nPor Marcelo Teixeira<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nREUTERS<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nS\u00c3O PAULO (Reuters) &#8211; A empresa brasileira de minera\u00e7\u00e3o Vale SA informou que 84,4 por cento dos seus acionistas concordaram em trocar suas a\u00e7\u00f5es preferenciais por ordin\u00e1rias, garantindo o sucesso da maior reorganiza\u00e7\u00e3o corporativa do pa\u00eds, envolvendo 21 bilh\u00f5es de d\u00f3lares.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nEm comunicado na noite de sexta-feira, a Vale informou que o total de 1.661 bilh\u00f5es de a\u00e7\u00f5es preferenciais &#8211;que incluem a\u00e7\u00f5es da empresa negociadas no Brasil e nos Estados Unidos&#8211; foram entregues para convers\u00e3o ou permuta. A empresa estabeleceu limite m\u00ednimo de 54,09 por cento para aprovar a convers\u00e3o de a\u00e7\u00f5es.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8220;Estamos muito satisfeitos com o resultado, que superou as nossas melhores expectativas. Foi dado um importante passo para que possamos transformar esta companhia na corporation (!) que todos queremos que ela seja, uma empresa com os mais altos padr\u00f5es de governan\u00e7a&#8221;, afirmou o diretor-presidente da Vale, Fabio Schvartsman, por meio de nota.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nA mudan\u00e7a representa um marco em um pa\u00eds h\u00e1 muito afetado por abusos de governan\u00e7a corporativa e reorganiza\u00e7\u00f5es que impediram os investidores minorit\u00e1rios na maioria dos casos. A Reuters informou o plano em 19 de janeiro, citando pessoas familiarizadas com o assunto.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nA reorganiza\u00e7\u00e3o coloca um limite para a interfer\u00eancia pol\u00edtica na Vale, aspecto que pesava sobre suas a\u00e7\u00f5es durante os cinco anos de mandato do ex-presidente Dilma Rousseff. Ainda assim, o governo manter\u00e1 uma parcela de &#8220;golden share&#8221;, permitindo que ele tome decis\u00f5es estrat\u00e9gicas.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nAo fundir as diferentes classes de a\u00e7\u00f5es da Vale em uma \u00fanica, a mineradora pode atrair mais investidores asi\u00e1ticos &nbsp;(CQD!!) e fundos especializados de minera\u00e7\u00e3o e metais como acionistas &nbsp;(CQD!!), disse o diretor-executivo de Finan\u00e7as e de Rela\u00e7\u00f5es com Investidores da mineradora, Luciano Siani, ao Reuters Latin American Investment Summit, na segunda-feira.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<br \/>\nOu seja:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: #2f5496; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nDesnacionaliza\u00e7\u00e3o.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: #2f5496; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nRedu\u00e7\u00e3o da Vale a uma fornecedora de insumos inserida na l\u00f3gica de um mercado ~global~.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<ul style=\"margin-bottom: 0pt; margin-top: 0pt;\">\n<li dir=\"ltr\" style=\"background-color: transparent; color: #2f5496; font-family: Arial; font-size: 16pt; font-style: normal; font-variant: normal; font-weight: 400; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n 100% desvinculada de considera\u00e7\u00f5es estrat\u00e9gicas brasileiras e de pol\u00edticas de desenvolvimento nacional.<\/div>\n<\/li>\n<\/ul>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nComo disse no t\u00edtulo \u00e9&#8230;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n&#8211; &#8230; o golpe da \u201creprivatiza\u00e7\u00e3o\u201d desnacionalizante!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nFinanceiriza\u00e7\u00e3o predat\u00f3ria<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nTem mais!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nNa l\u00f3gica ultra financeirizada de hoje, esses tais \u201cfundos especializados\u201d SEQUER precisam botar a m\u00e3o no bolso para comprar nacos da Vale.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<a href=\"http:\/\/jornalggn.com.br\/blog\/romulus\/atencao-golpe-no-pre-sal-e-na-petrobras-avanca-por-romulus\" style=\"text-decoration: none;\">Repeteco (28\/8\/2016)<\/a>:<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\nATEN\u00c7\u00c3O:<\/p>\n<p>&gt;&gt;&#8221;GOLPE no PR\u00c9-SAL avan\u00e7a&#8221;&lt;&lt;<\/p>\n<p>Por Romulus<\/p>\n<p>Post &#8220;6 em 1&#8221; no&nbsp;<a href=\"https:\/\/twitter.com\/JornalGGN\">@JornalGGN<\/a><a href=\"https:\/\/t.co\/Og5vkll3gl\">https:\/\/t.co\/Og5vkll3gl<\/a>&nbsp;<a href=\"https:\/\/t.co\/pGnISG9p1O\">pic.twitter.com\/pGnISG9p1O<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/770018671137882113\">August 28, 2016<\/a><\/p><\/blockquote>\n<p><\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nVenda de ativos em opera\u00e7\u00f5es de leveraged buyout (aquisi\u00e7\u00e3o alavancada) \u2013 curto vs. longo prazo<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n(i) o comprador se alavanca para comprar a empresa-alvo;<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n(ii) usa os ativos da empresa comprada como garantia dos empr\u00e9stimos que contraiu para pagar a compra; e<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n(iii) repaga os credores com os dividendos futuros da empresa comprada \u2013 devidamente espremida com fechamento da custosa \u00e1rea de pesquisa e desenvolvimento (fatal para o futuro da empresa), demiss\u00f5es em massa, fechamento de unidades e corte de investimentos e custos de opera\u00e7\u00e3o no limite da irresponsabilidade.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n\u00c9 a \u201cm\u00e1gica\u201d de fazer uma compra bilion\u00e1ria sem colocar um centavo do pr\u00f3prio bolso!<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n\u00c9 obvio que no curto prazo o retorno sobre o capital e os dividendos v\u00e3o \u00e0s alturas, j\u00e1 que o custo desaba enquanto a receita se mantem a mesma. Mas dali a 5 anos a empresa estar\u00e1 no CTI. Nada que importe para quem a comprou, como fundos de asset management, que n\u00e3o pensaram em ficar nela mais do que esses mesmos 5 anos. Nessa altura, j\u00e1 ter\u00e3o passado a empresa adiante por muito mais do que aquilo com que a compraram \u2013 devido ao ilus\u00f3rio aumento do retorno sobre o capital e consequente alta das a\u00e7\u00f5es no curto prazo.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nAzar de quem compre tal empresa sem futuro \u2013 se houver comprador! \u2013 bem como dos seus credores, a\u00ed inclu\u00eddos trabalhadores e fisco.<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n\u2013 Lembra em alguma coisa o imbr\u00f3glio da Oi e a privatiza\u00e7\u00e3o do sistema Telebr\u00e1s pelos tucanos nos anos 90?<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n*<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\nEsse enfoque puramente financeiro das fus\u00f5es e aquisi\u00e7\u00f5es \u00e9 tipicamente anglo-sax\u00e3o. Fundos de Wall Street e da City londrina fazem incurs\u00f5es em busca de empresas \u201cencrencadas\u201d (aspas!) para tocar a &#8220;m\u00e1gica&#8221; do corte de custos e aumento do retorno sobre o capital, almejando uma futura venda com lucro da empresa ora adquirida.<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-left: 42.55pt; margin-top: 0pt;\">\n<\/div>\n<p><b style=\"font-weight: normal;\"><br \/><\/b><br \/>\n<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"..\/..\/Desktop\/NYSE.jpg\" height=\"426\" src=\"https:\/\/lh5.googleusercontent.com\/ckxuf7QKy6_n58fLkrWrsaLkWGNFjZfCOEA37p5_eLlTQ4ayhJuhnI8ODAqemqqPXtf9vSUeoM9w0IuJuWjtNZeTp0tcVefbfLfEEQ_MmlWloKrwKEnzu9iuvtcNH-kFNXVxvRwEwqquHnoD\" style=\"border: none; transform: rotate(0rad);\" width=\"640\" \/><\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/p>\n<p>Fora que&#8230;<\/p>\n<p>Trata-se de uma empresa exportadora&#8230;<\/p>\n<p>Com receitas em moeda forte e custos em reais&#8230;<\/p>\n<p>Perfeita para aquelas arriscadas jogadas cambiais especulativas&#8230;<\/p>\n<p>Usando a atividade produtiva como (mero) lastro para a jogatina financeira.<\/p>\n<p>*<\/p>\n<p>(Como faz a Globo, lembram?)<\/p>\n<p><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\n-BOMBA:<br \/>\n?OS MARINHO COLOCARAM GLOBO NA ROLETA DO CASSINO!?<br \/>\nNo popular:<br \/>\n&#8211; Est\u00e3o saindo fora!<a href=\"https:\/\/twitter.com\/gleisi\">@gleisi<\/a>&nbsp;<a href=\"https:\/\/twitter.com\/DeputadoFederal\">@DeputadoFederal<\/a><a href=\"https:\/\/t.co\/kkm0hPWYzB\">https:\/\/t.co\/kkm0hPWYzB<\/a>&nbsp;<a href=\"https:\/\/t.co\/8vnW6Sye9v\">pic.twitter.com\/8vnW6Sye9v<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/890930297151393796\">July 28, 2017<\/a><\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\n? BOMBA: c\/corda no pesco\u00e7o, os Marinho sangram GLOBO p\/partirem p\/outra! ?<a href=\"https:\/\/twitter.com\/stanleyburburin\">@stanleyburburin<\/a>&nbsp;<a href=\"https:\/\/twitter.com\/gleisi\">@gleisi<\/a>&nbsp;<a href=\"https:\/\/twitter.com\/gduvivier\">@gduvivier<\/a><a href=\"https:\/\/t.co\/lRD36PqFqQ\">https:\/\/t.co\/lRD36PqFqQ<\/a>&nbsp;<a href=\"https:\/\/t.co\/hHuHl712SX\">pic.twitter.com\/hHuHl712SX<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/890243238082293760\">July 26, 2017<\/a><\/p><\/blockquote>\n<p><\/div>\n<p>*<\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<div dir=\"ltr\" style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<div style=\"margin: 0px;\">\n<\/div>\n<div style=\"margin: 0px;\">\n<\/div>\n<div style=\"margin: 0px;\">\n<\/div>\n<\/div>\n<\/div>\n<p>Atualiza\u00e7\u00e3o: economia meramente extrativista s\u00f3 serve para pa\u00eds com popula\u00e7\u00e3o pequena! <\/p>\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\nPor coincid\u00eancia, olhem o que o economista Paula Gala acabou de publicar no Facebook:<\/p>\n<div>\n<\/div>\n<\/div>\n<p><iframe loading=\"lazy\" allowtransparency=\"true\" frameborder=\"0\" height=\"654\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fpaulo.gala1%2Fposts%2F10155403408131648&amp;width=500\" style=\"border-style: none; border-width: initial; overflow: hidden;\" width=\"500\"><\/iframe><\/p>\n<p>\n<iframe loading=\"lazy\" allowtransparency=\"true\" frameborder=\"0\" height=\"201\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/comment_embed.php?href=https%3A%2F%2Fwww.facebook.com%2Fpaulo.gala1%2Fposts%2F10155403408131648%3Fcomment_id%3D10155403683146648&amp;include_parent=false\" style=\"border-style: none; border-width: initial; overflow: hidden;\" width=\"560\"><\/iframe><iframe loading=\"lazy\" allowtransparency=\"true\" frameborder=\"0\" height=\"141\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/comment_embed.php?href=https%3A%2F%2Fwww.facebook.com%2Fpaulo.gala1%2Fposts%2F10155403408131648%3Fcomment_id%3D10155403822721648&amp;include_parent=false\" style=\"border-style: none; border-width: initial; overflow: hidden;\" width=\"560\"><\/iframe><iframe loading=\"lazy\" allowtransparency=\"true\" frameborder=\"0\" height=\"161\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/comment_embed.php?href=https%3A%2F%2Fwww.facebook.com%2Fpaulo.gala1%2Fposts%2F10155403408131648%3Fcomment_id%3D10155403822721648%26reply_comment_id%3D10155403888836648&amp;include_parent=false\" style=\"border-style: none; border-width: initial; overflow: hidden;\" width=\"560\"><\/iframe><iframe loading=\"lazy\" allowtransparency=\"true\" frameborder=\"0\" height=\"201\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/comment_embed.php?href=https%3A%2F%2Fwww.facebook.com%2Fpaulo.gala1%2Fposts%2F10155403408131648%3Fcomment_id%3D10155403822721648%26reply_comment_id%3D10155403893491648&amp;include_parent=false\" style=\"border-style: none; border-width: initial; overflow: hidden;\" width=\"560\"><\/iframe><iframe loading=\"lazy\" allowtransparency=\"true\" frameborder=\"0\" height=\"161\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/comment_embed.php?href=https%3A%2F%2Fwww.facebook.com%2Fpaulo.gala1%2Fposts%2F10155403408131648%3Fcomment_id%3D10155403822721648%26reply_comment_id%3D10155403899096648&amp;include_parent=false\" style=\"border-style: none; border-width: initial; overflow: hidden;\" width=\"560\"><\/iframe><\/p>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt; text-align: center;\">\n<br class=\"Apple-interchange-newline\" \/><br \/>\n<br \/>\n<br class=\"Apple-interchange-newline\" \/>* &nbsp;&nbsp;* &nbsp;&nbsp;*<\/p>\n<\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt; text-align: center;\">\n<div style=\"text-align: left;\">\n<\/div>\n<div style=\"text-align: left;\">\n<i>&#8211; Siga no&nbsp;<b><a href=\"https:\/\/www.facebook.com\/profile.php?id=100008108688607\">Facebook<\/a><\/b>:<\/i><\/div>\n<div style=\"text-align: left;\">\n<\/div>\n<\/div>\n<p><iframe allowtransparency=\"true\" frameborder=\"0\" scrolling=\"no\" src=\"https:\/\/www.facebook.com\/plugins\/follow?href=https%3A%2F%2Fwww.facebook.com%2Fprofile.php%3Fid%3D100008108688607&amp;layout=standard&amp;show_faces=true&amp;colorscheme=light&amp;width=450&amp;height=80\" style=\"border-style: none; border-width: initial; height: 80px; overflow: hidden; width: 450px;\"><\/iframe><\/p>\n<div style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<i>&#8211; E no&nbsp;<b><a href=\"https:\/\/twitter.com\/rommulus_\">Twitter<\/a><\/b>:<\/i><\/div>\n<div style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<a class=\"twitter-follow-button\" data-size=\"large\" href=\"https:\/\/twitter.com\/rommulus_\" style=\"white-space: normal;\"><b>@rommulus_<\/b><\/a><\/div>\n<div style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<p><\/p>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<i>Achou meu estilo \u201cesquisito\u201d? \u201cCa\u00f3tico\u201d?<\/i><br \/>\n<i><br \/><\/i><\/div>\n<div style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<i><\/i><\/div>\n<p><i>&#8211; Pois voc\u00ea n\u00e3o est\u00e1 s\u00f3! Clique nos links para estes artigos e chore as suas m\u00e1goas:<\/i><\/p>\n<div style=\"margin: 0px;\">\n<\/div>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\n<br class=\"Apple-interchange-newline\" \/><br \/>\nQue p&#8230; \u00e9 essa? Ora, essa p&#8230; \u00e9 &#8216;Romulus&#8217;, por&#8230; o pr\u00f3prio!<br \/>\nNo&nbsp;<a href=\"https:\/\/twitter.com\/JornalGGN\">@JornalGGN<\/a><br \/>\nOnde apanho d tds p\/ estilo &#8220;ca\u00f3tico&#8221;<a href=\"https:\/\/t.co\/hGK8TVWABe\">https:\/\/t.co\/hGK8TVWABe<\/a>&nbsp;<a href=\"https:\/\/t.co\/T72gQvOM3W\">pic.twitter.com\/T72gQvOM3W<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/784503061880373248\">October 7, 2016<\/a><\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\nR O M U L U S br: &#8220;Q po##@ \u00e9 essa?&#8221; vol. 2: metalinguagem &#8211; an\u00e1lise pol\u00edtica entre millennials e babyboomers<a href=\"https:\/\/t.co\/7UkLN0ZJgQ\">https:\/\/t.co\/7UkLN0ZJgQ<\/a>&nbsp;<a href=\"https:\/\/t.co\/mMJ23IHx5w\">pic.twitter.com\/mMJ23IHx5w<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/805722409118601216\">December 5, 2016<\/a><\/p><\/blockquote>\n<p><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\n<br class=\"Apple-interchange-newline\" \/><br \/>\n?GLOBO na MIRA do FBI,<br \/>\nBANCOS na do DALLAGNOL<br \/>\nE BLOGS de ESQUERDA \u201cPERDIDINHOS\u201d: o \u201cCAOS\u201d da IRRACIONALIDADE?&nbsp;&#8230;<a href=\"https:\/\/t.co\/5mwn7FcS3y\">https:\/\/t.co\/5mwn7FcS3y<\/a>&#8211;&nbsp;<a href=\"https:\/\/t.co\/X9VNSpxr6O\">pic.twitter.com\/X9VNSpxr6O<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/879347029071331328\">June 26, 2017<\/a><\/p><\/blockquote>\n<p><\/p>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<div style=\"font-style: normal;\">\n*<\/div>\n<div style=\"font-style: normal;\">\n<\/div>\n<p><i>A tese central do blog:<\/i><\/div>\n<div dir=\"ltr\" style=\"line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\"><\/blockquote>\n<p><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<div dir=\"ltr\" lang=\"pt\">\nEstado brasileiro na encruzilhada. J\u00e1 sabemos o que a Globo quer&#8230; e voc\u00ea?&nbsp;<a href=\"https:\/\/t.co\/eqM6oWdFBt\">https:\/\/t.co\/eqM6oWdFBt<\/a>&nbsp;<a href=\"https:\/\/t.co\/kYlIV93ael\">pic.twitter.com\/kYlIV93ael<\/a><\/div>\n<p>\u2014 rommulus_ (@rommulus_)&nbsp;<a href=\"https:\/\/twitter.com\/rommulus_\/status\/806236766181134336\">December 6, 2016<\/a><\/p><\/blockquote>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n*<\/div>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<\/div>\n<div style=\"font-family: times; line-height: 1.2; margin-bottom: 0pt; margin-top: 0pt;\">\n<div style=\"font-style: normal;\">\n<i>Quando perguntei, uma deputada su\u00ed\u00e7a se definiu em um jantar como &#8220;uma esquerdista que sabe fazer conta&#8221;. Poucas palavras que dizem bastante coisa. Adotei para mim tamb\u00e9m.<\/i><\/div>\n<\/div>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\"><\/blockquote>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-82870","post","type-post","status-publish","format-standard","hentry","category-home"],"_links":{"self":[{"href":"https:\/\/duploexpresso.com\/index.php?rest_route=\/wp\/v2\/posts\/82870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/duploexpresso.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/duploexpresso.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/duploexpresso.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/duploexpresso.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82870"}],"version-history":[{"count":0,"href":"https:\/\/duploexpresso.com\/index.php?rest_route=\/wp\/v2\/posts\/82870\/revisions"}],"wp:attachment":[{"href":"https:\/\/duploexpresso.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/duploexpresso.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/duploexpresso.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}