Cable Viewer

Currently released so far... 6988 / 251,287

### Browse latest releases

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

### Browse by creation date

66 72 73 75 79 85 86 87 88 89 90 91 96 97 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
1987/06
1988/01
1989/12
1990/01 1990/07 1990/08 1990/10
1991/05
1996/11
1997/12
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 Consulate Adana 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 Lahore Consulate Lagos
Mission USNATO Mission UNESCO 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 Consulate Melbourne
Embassy New Delhi Embassy Nassau Embassy Nairobi Consulate Naples
Embassy Ouagadougou Embassy Ottawa Embassy Oslo
Embassy Pristina Embassy Pretoria Embassy Prague Embassy Port Of Spain Embassy Port Louis 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 Office Almaty US Mission Geneva US Interests Section Havana US Delegation, Secretary UNVIE Embassy Ulaanbaatar
Embassy Vilnius Embassy Vienna Embassy Vatican Embassy Valletta 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
AF AE AMGT ACOA ASEC AORC AG AU AR AS AFIN AL APER AA AEMR AMED ABLD AM ATFN AROC AJ AFFAIRS AO AFGHANISTAN AFU AER ALOW AODE ABUD ATRN APECO ASUP AC AZ AVERY APCS ADCO ASIG AGMT AMBASSADOR ASEAN AX AID AUC ASECKFRDCVISKIRFPHUMSMIGEG ADANA AND
BR BIDEN BO BK BU BY BEXP BL BTIO BF BBSR BA BM BH BE BB BILAT BG BRUSSELS BT BC BX BMGT BTIU
CU CH CJAN CO CA CASC CY CD CM COE COUNTRY CLEARANCE CVIS CPAS CMGT CACS CWC CBW CI CG CF CS CN CT CL CIA CDG CE CIS CTM CB CLINTON CR COM CONS CV CJUS COUNTER CKGR COUNTERTERRORISM CODEL CONDOLEEZZA CARSON CW CACM CDB CAN
DA DOE DJ DK DHS DR DEA DS DOMESTIC DAO DCM DEPT DTRA DPRK DISENGAGEMENT DOD DEAX
ETRD ETTC ECON EFIN ES EFIS EWWT EAID ENRG ELAB EINV EU EAIR EI EIND EUN EG EAGR EPET ER EMIN EC ECIN ENVR ECA ELN ET ENERG ECPS EINT ENGY ELECTIONS EN EZ ELTN EK ECONCS EINVETC ECONEFIN ENIV ESA ENGR ETC EFTA ETRDECONWTOCS EXTERNAL ENVI EUNCH EINVECONSENVCSJA ECONOMICS EINN EFINECONCS ETRDEINVECINPGOVCS ECUN ENNP EUR EAP EEPET ETRDEINVTINTCS ETRO ESENV ECINECONCS ECONOMY ECONOMIC EINVEFIN ECIP EINDETRD EUC EREL
FR FAO FARC FREEDOM FI FBI FTAA FJ FINR FMLN FOR FTA FOREIGN FINANCE
GM GG GR GE GV GA GH GT GCC GOV GZ GOI GTIP GY GANGS GAZA GTMO
HO HA HR HU HSTC HURI HILLARY HK HYMPSK HUMAN
IC IO IV IR IZ IS IN IT IAEA IWC IIP IA ID ITALIAN ITALY ICAO INRB IRAQI ILC ISRAELI IQ IMO ICTY INRA INRO IRAJ IF ICRC IPR ILO IBRD IMF IZPREL ITPHUM ITPGOV INTERPOL INTELSAT IEFIN INR IRC IACI ITRA IL ICJ INTERNAL
JOSEPH JO JA JP JAMES JOHNNIE JM JUS
KACT KNNP KDEM KGIC KRAD KISL KIPR KTIA KWBG KTFN KPAL KCIP KN KHLS KCRM KSCA KPKO KFRD KMCA KJUS KIRF KWMN KCOR KPAO KU KV KAWC KUNR KPRP KOMC KSTC KTIP KSUM KMDR KFLU KPRV KBTR KZ KS KVPR KE KERG KTDB KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KSTH KGHG KIRC KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KG KWAC KSEP KMPI KDRG KBCT KNUP KTER KCFE KPLS KVIR KAWK KDDG KOLY KMRS KHDP KPAK KNAR KREL KBTS KNPP KCOM KGIT KNNPMNUC KO KPOA KRFD KHUM KDEV KICC KCFC KREC KSPR KHIV KWWMN KLIG KBIO KTBT KOCI KFLO KWMNCS KIDE KSAF KNEI KR KTEX KNSD KOMS KCRS KGCC KWMM KRVC KPAI KHSA KTLA KFSC KX KFTFN KPWR KMIG KSEC KIFR KDEMAF KFIN KNUC KPIN
LY LE LI LH LOG LG LO LT LTTE LU LAB
MNUC MARR MCAP MASS MOPS MP MO MIL MX MY MTCRE MT ML MASC MR MK MI MAPS MEPN MU MCC MZ MA MD MASSMNUC MQADHAFI MTCR MTRE MG MEPI MDC MPOS MEETINGS MUCN MRCRE MEPP MAR MAPP MAS MTS MLS MERCOSUR MC MV MEDIA MILI MOPPS
NATO NO NL NSG NA NU NPT NS NI NZ NATIONAL NP NAR NE NASA NK NG NT NIPP NSF NPG NGO NSSP NRR
OVIP OAS OREP OPRC OPDC OEXC OPCW OSCI ODIP OSCE OTRA OPIC OIIP OFFICIALS OFDP OECD OSAC OIE OVP OPAD OFDA OIC OTR
PREL PGOV PINR PARM PHUM PTER PK PINS PO PROP PHSA PBTS PREF PE PMIL PM POL PY PFOR PHALANAGE PARTY PAK PAO PRAM PA PMAR POLITICS PHUMPREL PALESTINIAN PHUS PRL PGOC PNR PL PGGV PNAT PROV PTERE PGOF PHUMBA PINT PEL PLN POV PSOE PF PARMS PBIO PSI POLINT POLITICAL PARTIES PGOVLO PORG PGOVE PINF PRELP PAS PPA PRGOV PUNE PG POLICY PROG PEPR PU PECON POGOV PINL PKFK
QA
RS RU RF RW ROBERT RFE RO REGION RP RIGHTS RICE RSP REACTION REPORT
SENV SNAR SP SOCI SA SY SW SU SF SMIG SCUL SZ SO SH SG SR SL SOFA SANC SK ST SC SN SEVN STEINBERG SAN SHUM SYR SAARC SI SNARCS SIPRS
TU TX TH TBIO TZ TRGY TK TW TSPA TSPL TPHY TNGD TI TC TS TR TD TT TIP TRSY TO TP TERRORISM TURKEY TFIN TINT
UK UY UNESCO UNO UNSC UNEP UN UNGA US UNDP UNCHS UP UG UNMIK UNAUS USTR UNVIE UNHRC UZ UV UE USAID UNHCR USUN USEU UNDC UAE UNDESCO UNCHC
VE VT VZ VM VTPREL VN
WWARD WHA WI WHO WA WMO WEU WTRO WZ WITH WTRQ WBG WTO WB
XZ XF XR XG XW XY XA XM XL XE XK XT XC XH XS XD XV
YI YM YE YMCS
ZI ZB ZU ZA ZOELLICK ZK ZP ZR ZF ZJ ZANU ZO

### 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

`