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Over Half of Brazilians Get Middle-Class Status. In the US They Would Be Dirt Poor
The middle class in Brazil reached 51.89% of the country's population in April 2008. The group in the middle class, with average household income ranging from 1,064 Brazilian reais...
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In 6 Years, 3 Million Brazilians Left Poverty Behind
In Brazil, three million people crossed the poverty threshold over the last six years in the six main metropolitan regions of Brazil, resulting in an 8.8% reduction in poverty...
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Mergers & Acquisitions Grow 84% in Brazil This Year
Brazil had a turnover of US$ 57.15 billion in mergers and acquisitions between companies in the first seven months of this year. According to consultancy company Thomson Reuters Markets,...
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Louvre Museum Architect and Qatari Pearl Engineer at Brazil's Architectour
Brazil is going to host the first International Seminar on Architecture for Tourism, the Architectour 2008, to be held tomorrow (07) and on the day after. The event will...
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Brazil: Development Bank Makes Largest Loan Ever for Biofuel Project
The Inter-American Development Bank is going to loan US$ 269 million and to help raise another US$ 379 million for three new ethanol mills in the center-south of Brazil,...
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Industry Grows Over 10% in Santa Catarina, Brazil. Above Country's Average
Brazil's industry sales grew 8.4% in the first half of this year over the same period last year. In the same comparison, sales of industries in the state of...
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Cheap Dollar Does Not Deter Brazilian Bus Maker Marcopolo from Exporting
Exports by Marcopolo grew 33% in the first half of this year as against the same period last year. The percentage refers to foreign sales by the bus maker...
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Africa and Middle East Countries Become Top Importers from Brazil
Among the greatest buyers of some of the main products in the Brazilian export basket in June were the Arabs. According to figures supplied by Brazil's Ministry of Development,...
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Brazilian Child Book Brings Message from the Past: Reading Is Cool
The characters are Soninha, Zé Miguel, Mateus, Fabiana and Guilherme. The four adolescents discover in their school material some text that they did not write. The mystery text tackles...
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Brazil's Jiu-Jitsu Becomes Required Course in the Emirates
Children between the ages of 10 and 14 in 12 public schools in Abu Dhabi, the capital of the United Arab Emirates, should have jiu-jitsu classes twice a week...
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Brazil's Bradesco Bank Boosts Profit by 2.4% to US$ 2.6 Billion
Bradesco, Brazil's biggest private bank, posted net income of 4.1 billion Brazilian reais (US$ 2.6 billion) in the first half of this year, according to information disclosed by the...
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Brazil's Singing Diva Maria Rita Opens New York's Brazilian Film Festival
One does not need to understand Brazilian culture in order to appreciate this annual festival that once again comes to New York city, beginning with a concert from one...
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Brazil Sounds Alarm: If Dollar Keeps Falling We're Ruined
Guido Mantega, the Minister of Economy of Brazil warned this Tuesday, August 5, that the sustained appreciation of the local currency, the real, against the US dollar has reached...
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Brazil and Argentina Bury the Hatchet After WTO Treaty's Clash
Brazil and Argentina ratified their strategic alliance on Monday during a business seminar opened by Presidents Cristina Fernandez de Kirchner from Argentina and Luiz Inácio Lula da...
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After 22-Year Interruption Brazil Resumes Its Nuclear Program
The Lula administration has authorized the resumption of plans to expand Brazil's nuclear power program, basically giving the green light for a third power plant. Work on the Angra...
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'Pig-Headed' Brazil's Lula Talks to Bush, Says World Will Still Get Trade Accord
The President of Brazil, Luiz Inácio Lula da Silva says that he believes the Doha round global trade talks have not failed and anticipated that Brazil will insist that...
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Brazil to Adopt Rapid Strike Force as New Military Model
The Brazilian government neither intends nor is it planning a massive troop build-up along its northern borders but wants a well-equipped rapid strike force to dissuade foreign intrusions, a...
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Brazil's TAM Airline Has Now a 116-Aircraft Fleet
Brazilian Airline TAM has added four new Airbus planes to its fleet: two A319's and two A320's. The arrival of these aircraft. says the company, supports TAM's strategy to...
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Petrobras Biofuel Has Big Plans for Brazil
The Board of Managers at Brazil's Petrobras Biofuel is going to present, during a meeting scheduled for late August, a preliminary proposal for revising the strategic plan for the...
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Brazilian Eco-Tourism Gets US$ 32-Million Push from Government
The Environment minister of Brazil, Carlos Minc, announced that, until September, the Brazilian government is going to launch an effort totaling 50 million reais (US$ 31.9 million) to encourage...
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Brazil Having a Hard Time Quenching World's Thirst for Coffee
Worldwide demand for coffee is on the rise and grows 2% each year. That should favor Brazilian exports in the sector, which may reach 30 million bags, or US$...
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Brazil Makes Grownup's Computers for the Little Ones
After becoming a hit in Brazil, Brazilian computer maker Syntax wants to take their business overseas. They make a line of equipment turned to children and use the image...
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The Promising Soccer Boys of Saudi Arabia Train in Brazil
Saudi Arabia's Al Nassr soccer team chose Brazil to promote a series of friendly games with local clubs. A group of 12 players in the under-20 category spent one...
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Rio Answers to 11% of All Brazilian Exports. US Is Main Destination
Exports from the state of Rio de Janeiro grew 31.5% in the first half of this year over the same period in 2007 and reached US$ 7.7 billion. The...
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In Brazil Investment in R&D Is Still Rare
Brazil's state-controlled oil multinational Petrobras is one of the companies that most invest in research and development in the world. This according to the report Brazil: the natural...
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Brazilian Meat Giant JBS-Friboi Exports Expected to Grow More in US than Brazil
Brazil's JBS-Friboi group, a meat producer and the world's leading bovine slaughterhouse, increased its export volume by 275% in the second quarter this year, compared with the same period...
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Brazil Sets US$ 600 Million Apart to Reward Sustainable Agriculture
The Agriculture and Livestock Plan, launched this month by the Brazilian federal government, is going to allocate 1 billion reais (US$ 639.3 million) for farmers who adhere to sustainability...
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Brazil's US$ 2 Billion Nigerian Investment Starts to Bear Oil
Brazil's state-controlled oil multinational Petrobras started production of oil in Agbami field, in Nigeria. Production is managed by a Floating Production, Storage and Offloading vessel (FPSO). Petrobras has 13%...
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Market Value of Brazil's Public Listed Companies Plunges Over US$ 200 Billion
The market value of Brazilian publicly listed companies in July reached its lowest total since August last year. The information was supplied by Einar Rivero, director at consultancy firm...
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Brazil's Industry Shows Signs of Cooling Off
The rhythm of activity in the transformation industry in the second quarter of this year was greater than in the first three months of the year and also than...