Cable Viewer

Currently released so far... 6230 / 251,287

### Articles

Brazil Sri Lanka United Kingdom Sweden Editorial United States Latin America Egypt Yemen Jordan

### Browse latest releases

2010/11 2010/12 2011/01 2011/02 2011/03
2010/11/28 2010/11/29 2010/11/30
2010/12/01 2010/12/02 2010/12/03 2010/12/04 2010/12/05 2010/12/06 2010/12/07 2010/12/08 2010/12/09 2010/12/10 2010/12/11 2010/12/12 2010/12/13 2010/12/14 2010/12/15 2010/12/16 2010/12/17 2010/12/18 2010/12/19 2010/12/20 2010/12/21 2010/12/22 2010/12/23 2010/12/24 2010/12/25 2010/12/26 2010/12/27 2010/12/28 2010/12/29 2010/12/30
2011/01/01 2011/01/02 2011/01/04 2011/01/05 2011/01/07 2011/01/09 2011/01/10 2011/01/11 2011/01/12 2011/01/13 2011/01/14 2011/01/15 2011/01/16 2011/01/17 2011/01/18 2011/01/19 2011/01/20 2011/01/21 2011/01/22 2011/01/23 2011/01/24 2011/01/25 2011/01/26 2011/01/27 2011/01/28 2011/01/29 2011/01/30 2011/01/31
2011/02/01 2011/02/02 2011/02/03 2011/02/04 2011/02/05 2011/02/06 2011/02/07 2011/02/08 2011/02/09 2011/02/10 2011/02/11 2011/02/12 2011/02/13 2011/02/14 2011/02/15 2011/02/16 2011/02/17 2011/02/18 2011/02/19 2011/02/20 2011/02/21 2011/02/22 2011/02/23 2011/02/24 2011/02/25 2011/02/26 2011/02/27 2011/02/28
2011/03/01 2011/03/02 2011/03/03 2011/03/04 2011/03/05 2011/03/06 2011/03/07 2011/03/08 2011/03/09 2011/03/10 2011/03/11 2011/03/13 2011/03/14 2011/03/15 2011/03/16 2011/03/17 2011/03/18 2011/03/19 2011/03/20 2011/03/21

### Browse by creation date

66 72 73 75 79 85 86 88 89 90 00 01 02 03 04 05 06 07 08 09 10
1966/12
1972/02 1972/08
1973/04
1975/03
1979/08
1985/03
1986/05
1988/01
1989/12
1990/01 1990/07 1990/08 1990/10
2000/06 2000/09 2000/11
2001/02 2001/03 2001/07 2001/10 2001/11
2002/02 2002/03 2002/04 2002/07 2002/11 2002/12
2003/02 2003/03 2003/04 2003/05 2003/06 2003/07 2003/08 2003/09 2003/10 2003/11 2003/12
2004/01 2004/02 2004/03 2004/04 2004/05 2004/06 2004/07 2004/08 2004/09 2004/10 2004/11 2004/12
2005/01 2005/02 2005/03 2005/04 2005/05 2005/06 2005/07 2005/08 2005/09 2005/10 2005/11 2005/12
2006/01 2006/02 2006/03 2006/04 2006/05 2006/06 2006/07 2006/08 2006/09 2006/10 2006/11 2006/12
2007/01 2007/02 2007/03 2007/04 2007/05 2007/06 2007/07 2007/08 2007/09 2007/10 2007/11 2007/12
2008/01 2008/02 2008/03 2008/04 2008/05 2008/06 2008/07 2008/08 2008/09 2008/10 2008/11 2008/12
2009/01 2009/02 2009/03 2009/04 2009/05 2009/06 2009/07 2009/08 2009/09 2009/10 2009/11 2009/12
2010/01 2010/02

### Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z
Embassy Athens Embassy Asuncion Embassy Astana Embassy Asmara Embassy Ashgabat Embassy Ankara Embassy Amman Embassy Algiers Embassy Addis Ababa Embassy Accra Embassy Abuja Embassy Abu Dhabi Embassy Abidjan Consulate Amsterdam American Institute Taiwan, Taipei
Embassy Bujumbura Embassy Buenos Aires Embassy Budapest Embassy Bucharest Embassy Brussels Embassy Bridgetown Embassy Bratislava Embassy Brasilia Embassy Bogota Embassy Bishkek Embassy Bern Embassy Berlin Embassy Belgrade Embassy Beirut Embassy Beijing Embassy Banjul Embassy Bangkok Embassy Bandar Seri Begawan Embassy Bamako Embassy Baku Embassy Baghdad Consulate Barcelona
Embassy Copenhagen Embassy Conakry Embassy Colombo Embassy Chisinau Embassy Caracas Embassy Canberra Embassy Cairo Consulate Curacao Consulate Ciudad Juarez Consulate Chennai Consulate Casablanca Consulate Cape Town
Embassy Dushanbe Embassy Dublin Embassy Doha Embassy Djibouti Embassy Dhaka Embassy Dar Es Salaam Embassy Damascus Embassy Dakar Consulate Dubai
Embassy Freetown
Embassy Guatemala Embassy Gaborone Consulate Guadalajara
Embassy Helsinki Embassy Harare Embassy Hanoi Consulate Hermosillo Consulate Hamburg
Iran RPO Dubai Embassy Islamabad Consulate Istanbul
Embassy Jakarta Consulate Jerusalem Consulate Jeddah
Embassy Kyiv Embassy Kuwait Embassy Kuala Lumpur Embassy Kinshasa Embassy Kigali Embassy Khartoum Embassy Kathmandu Embassy Kampala Embassy Kabul Consulate Kolkata
Embassy Luxembourg Embassy Luanda Embassy London Embassy Ljubljana Embassy Lisbon Embassy Lima Embassy Lilongwe Embassy La Paz Consulate Lagos
Mission USNATO Embassy Muscat Embassy Moscow Embassy Montevideo Embassy Monrovia Embassy Minsk Embassy Mexico Embassy Mbabane Embassy Maputo Embassy Manama Embassy Managua Embassy Malabo Embassy Madrid Consulate Munich Consulate Mumbai Consulate Montreal Consulate Monterrey Consulate Milan
Embassy New Delhi Embassy Nassau Embassy Nairobi Consulate Naples
Embassy Ouagadougou Embassy Ottawa Embassy Oslo
Embassy Pristina Embassy Pretoria Embassy Prague Embassy Port Au Prince Embassy Phnom Penh Embassy Paris Embassy Paramaribo Embassy Panama Consulate Peshawar
Embassy Quito
REO Basrah Embassy Rome Embassy Riyadh Embassy Riga Embassy Reykjavik Embassy Rangoon Embassy Rabat Consulate Rio De Janeiro Consulate Recife
Secretary of State Embassy Stockholm Embassy Sofia Embassy Skopje Embassy Singapore Embassy Seoul Embassy Sarajevo Embassy Santo Domingo Embassy Santiago Embassy Sanaa Embassy San Salvador Embassy San Jose Consulate Strasbourg Consulate Shenyang Consulate Shanghai Consulate Sao Paulo
Embassy Tunis Embassy Tripoli Embassy Tokyo Embassy The Hague Embassy Tel Aviv Embassy Tehran Embassy Tegucigalpa Embassy Tbilisi Embassy Tashkent Embassy Tallinn Consulate Tijuana
USUN New York USEU Brussels US Mission Geneva US Interests Section Havana US Delegation, Secretary UNVIE Embassy Ulaanbaatar
Embassy Vilnius Embassy Vienna Embassy Vatican Consulate Vladivostok
Embassy Windhoek Embassy Wellington Embassy Warsaw
Embassy Yerevan Embassy Yaounde
Embassy Zagreb

### Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ASEC AF AE AR AORC AJ AU AM ABLD AL AMGT ASUP AFIN APER ABUD AVERY APCS AEMR ADCO APECO ASIG AG AA AS AFFAIRS ASECKFRDCVISKIRFPHUMSMIGEG AMED AO ACOA AX AROC ATFN ASEAN AFGHANISTAN AFU AER ALOW AODE ATRN AID AC AGMT
BR BK BE BA BG BY BO BM BL BU BEXP BBSR BMGT BF BTIO BTIU BC BIDEN BH BRUSSELS BX BT BB BILAT
CH CO CS CE CU CLINTON CG CVIS CMGT CI CJAN CF COM CASC CA CBW CM CDG CR COUNTER CD CWC CKGR CN CPAS CJUS CV CONS CT CY COUNTERTERRORISM CIA CACM CDB CAN COE COUNTRY CLEARANCE CACS CONDOLEEZZA CARSON CL CIS CODEL CTM CB
DJ DR DA DS DOD DEAX DOE DISENGAGEMENT DEA DK DHS DTRA
ECON EFIN EAIR EUN EINV ENRG EG ETRD EPET ETTC ELAB EU ER ET EAGR ECPS ECIN ELTN EAID EMIN EWWT EFIS EIND EC ES EN EI ENVR ENGR ENIV EUNCH ENVI ETRDEINVECINPGOVCS ELN EZ EXTERNAL EINVECONSENVCSJA EINT EUR ECINECONCS ENNP EFINECONCS EK ELECTIONS ECUN EINVEFIN ECIP EINDETRD EUC EREL ECA ENERG ENGY ETRO EFTA ECONCS ECONOMICS ECONEFIN EINVETC EINN ESA ETC ETRDEINVTINTCS ESENV ETRDECONWTOCS
FR FI FJ FTAA FAO FREEDOM FBI FMLN FARC FINR
GM GG GT GH GE GV GCC GA GR GTIP GOI GZ GANGS GTMO GAZA GOV GY
HR HILLARY HO HSTC HA HU HYMPSK HK HURI HUMAN
IN IC IR IZ IS IAEA IT ICTY IO IA IWC ID ICRC ILC INTELSAT IMO ISRAELI IACI ILO ITRA IBRD IMF ICJ ICAO ITALY ITALIAN IRAQI INTERPOL IV IQ IPR INRB ITPHUM IIP IL INR ITPGOV IZPREL IRC INRA INRO IRAJ IEFIN IF
JA JO JOSEPH JM JUS JAMES JP JOHNNIE
KDEM KCRM KJUS KTIA KWBG KPAL KIPR KTIP KE KNNP KGHG KICC KV KTFN KU KCFE KDRG KWMN KSCA KGIC KCOR KFRD KPKO KSUM KPRP KPAO KBCT KIRF KCFC KISL KREC KSPR KHIV KBIO KMCA KMPI KFLU KSTH KBTR KS KOMC KOMS KSEP KPRV KFLO KHLS KN KWWMN KUNR KLIG KSTC KZ KG KRAD KOLY KTBT KTDB KOCI KAWK KCIP KNPP KWAC KMDR KAWC KIDE KSAF KX KWMNCS KNEI KCRS KVPR KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KACT KO KFSC KR KPWR KMIG KSEC KIFR KDEMAF KFIN KGCC KPIN KPLS KIRC KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KGIT KBTS KERG KWMM KRVC KNSD KVIR KNUP KTER KDDG KHSA KMRS KHDP KTLA KPAK KNAR KREL KPAI KTEX KCOM KNNPMNUC KPOA KRFD KHUM KDEV KNUC
LE LY LTTE LU LH LAB LI LG LO LOG LT
MOPS MARR MASS MNUC MO MX MCAP ML MTCRE MR MP MY MU MIL MAR MC MRCRE MTRE MA MEPI MV MPOS MD MZ MEPP MOPPS MAPP MASC MT MERCOSUR MK MDC MI MAPS MCC MASSMNUC MQADHAFI MUCN MTCR MG
NO NL NATO NT NP NI NGO NS NIPP NG NZ NA NPT NU NK NE NSF NATIONAL NSG NRR NAR NASA NPG
OREP OVIP OFDP ODIP OPDC OAS OTRA OSCE OECD OIIP OEXC OPCW OPIC OPRC OVP OSCI OTR OSAC OIC OFFICIALS OIE
PHUM PREL PGOV PREF PTER PARM PBTS PINR PINS PHSA PK POL PM PINT PE PINF PEL PA PARMS PO PLN PROP PALESTINIAN PAO PL POV PG POLITICS PEPR PSI PSOE PU POLITICAL PARTIES PBIO PECON PAK POGOV PINL PKFK PMIL PY PFOR PHALANAGE PARTY PRAM PMAR PGOVLO PUNE PORG PHUMPREL PF POLINT PHUS PGOC PNR PGGV PNAT PGOVE PRGOV PRL PROV PTERE PGOF PHUMBA
QA
RS RU RW RP RO RIGHTS RF RICE ROBERT RFE REGION
SENV SY SZ SOCI SO SR SNAR SA SP SW SMIG SU SCUL SC SAN SN SL SG SYR SEVN SF SI STEINBERG SIPRS SH SNARCS SOFA SANC SHUM SK ST
TRGY TU TBIO TH TS TSPL TT TPHY TSPA TI TK TIP TERRORISM TZ TX TW TD TP TC TO TNGD TINT TRSY TR TFIN TURKEY
UK UNGA UN UNHRC UNMIK UNO UZ UNSC UP UG UNHCR UNDC US UNAUS USTR UV UNEP UY UNESCO USUN UAE USEU UNDP UNCHS UNVIE UNCHC UE UNDESCO USAID
VE VT VZ VTPREL VN VM
WHO WZ WA WMO WTRO WEU WI WTO WTRQ WWARD WB WHA WBG
XL XF XM XA XH XK XC XR XW XY XG XT XS XZ XE XD
YI YM YMCS YE
ZJ ZF ZP ZR ZI ZU ZB ZO ZANU ZA ZOELLICK ZK

### Browse by classification

CONFIDENTIAL CONFIDENTIAL//NOFORN SECRET SECRET//NOFORN UNCLASSIFIED UNCLASSIFIED//FOR OFFICIAL USE ONLY

### Community resources

Follow us on Twitter Check our Reddit Twitter this Digg this page Contact us on IRC

courage is contagious

### Viewing cable 09SAOPAULO31, DELFIM NETTO: PERSPECTIVES ON FX2, FINANCIAL CRISIS, BILATERAL RELATIONS

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs
Understanding cables
Every cable message consists of three parts:

- The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
- The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
- The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.

To understand the justification used for the classification of each cable, please use this WikiSource article as reference.
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. #09SAOPAULO31.

Reference ID | Created | Released | Classification | Origin
--- | --- | --- | --- | ---
09SAOPAULO31 | 2009-01-15 17:05 | 2011-01-20 00:12 | CONFIDENTIAL | Consulate Sao Paulo

`

    VZCZCXRO8070
    PP RUEHRG
    DE RUEHSO #0031/01 0151751
    ZNY CCCCC ZZH
    P 151751Z JAN 09 ZFF6
    FM AMCONSUL SAO PAULO
    TO RUEHC/SECSTATE WASHDC PRIORITY 8877
    INFO RUEHAC/AMEMBASSY ASUNCION PRIORITY 3629
    RUEHBR/AMEMBASSY BRASILIA PRIORITY 0024
    RUEHBU/AMEMBASSY BUENOS AIRES PRIORITY 3382
    RUEHCV/AMEMBASSY CARACAS PRIORITY 0787
    RUEHLP/AMEMBASSY LA PAZ PRIORITY 4038
    RUEHMN/AMEMBASSY MONTEVIDEO PRIORITY 2837
    RUEHSG/AMEMBASSY SANTIAGO PRIORITY 2629
    RUEHRG/AMCONSUL RECIFE PRIORITY 4282
    RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 8987
    RUEAWJF/DEPT OF JUSTICE WASHDC PRIORITY
    RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
    RHEHNSC/NSC WASHDC PRIORITY
    RHMFISS/CDR USSOUTHCOM MIAMI FL PRIORITY
    RUEAIIA/CIA WASHDC PRIORITY

` `

    C O N F I D E N T I A L SECTION 01 OF 02 SAO PAULO 000031

    SIPDIS

    STATE FOR WHA AND PM, PM/DTTC, AND PM/RSAT
    DEFENSE FOR DEPSECDEF, USDP, USD AT&L

    E.O. 12958: DECL: 03/14/2018
    TAGS: PREL ETTC EFIN MARR BR
    SUBJECT: DELFIM NETTO: PERSPECTIVES ON FX2, FINANCIAL CRISIS, BILATERAL RELATIONS

    Classified By: Consul General Thomas White; Reasons 1.4 (b) and (d).

    ¶1. (C) SUMMARY: On January 12, Ambassador Sobel met with Antonio Delfim Netto. (NOTE: Delfim Netto is a three-time former Minister, former Federal Deputy, and currently an economics professor at the University of Sao Paulo. He writes a newspaper column, which is well read by the political elite, and he is also an informal, personal advisor to President Lula. END NOTE.) Delfim Netto emphasized that a bilateral tax and investment treaty between the United States and Brazil continues to be the most important area for growth between the two countries. He shed light on Brazil's requirements for its upcoming purchase of fighter aircraft. He talked about the future of the Brazilian Central Bank (BCB), and discussed his views on the effect of the financial crisis in Brazil. END SUMMARY.

    ¶2. (C) A bilateral tax and investment treaty shows the greatest potential for a growing partnership between the United States and Brazil, according to Delfim Netto. He believes there are many profitable projects in Brazil that U.S. organizations could finance. Delfim Netto told the Ambassador that passage of the treaty would lead to the absorption of between $35-$40 billion worth of U.S. capital into the Brazilian economy over the next six years, and that even marginal U.S. investment could solve many of Brazil's liquidity problems.

    ¶3. (C) Regarding the FX2 program, he emphasized that technology transfer regulations have been the most significant obstacle to the sale of Boeing's F-18s to the GoB. He believes that the purpose of the Brazilian Air Force's purchase of these planes extends beyond simple defensive capabilities. The GoB wants to build an entire industry around them, for which it needs the technology transfer license. In his view, this is what has allowed France to remain such a strong contender in the field, while hampering Boeing's bid.

    ¶4. (C) Delfim Netto commended current BCB President Henrique Meirelles on a job well done, especially vis-a-vis the injection of liquidity into frozen credit markets. He anticipates that Meirelles will ride his success into the political arena by running for governor of the state of Goias in the middle of this year. Delfim Netto expects the GoB to continue its tradition of respecting the autonomy of the BCB by choosing a qualified and independent candidate. He suggested that Luciano Coutinho, the current President of the Brazilian Development Bank, is the front-runner to replace Meirelles.

    ¶5. (C) Brazil's relatively higher level of liquidity has helped it weather the financial crisis thus far. Brazil, however, still faces a problem of trusting its workers, companies, and banks to spend money. Delfim Netto fears that these players will continue to save and, while this would help liquidity, it would further diminish growth in the short-term. He predicts that the Brazilian economy will grow between 2.5 and 3 percent next year.

    ¶6. (C) COMMENT: Brazil has historically emphasized the development of domestic industries and Delfim Netto's analysis is consistent with what both GOB and industry interlocutors are telling the Mission with regard to why France's jet fighter continues to remain a contender, even though it is still in a design phase and technically inferior. With the financial crisis and looming unemployment issues at the front of Lula's agenda, the transfer of technology that will allow boosting production by Brazilian companies in Brazil will almost certainly become even more important to the GoB's final decision on which jet fighter to purchase. END COMMENT.

    ¶7. (U) This cable was cleared by Ambassador Sobel.

    SAO PAULO 00000031 002 OF 002

    WHITE

`