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Brazil's Star Power Dims, Economic Growth Weaker Than U.S.

Alexandre Tombini

For a country that’s faced the worst economic recession in a generation, the U.S. is doing marvelously well by comparison to every major economy except for maybe China. GDP growth, still around 2 percent and expected to end the year close to that, is better in the U.S. than it is in Brazil, a country which grew China-style in 2010 at 7.5 percent. Once the shining start of the Latin American economies, Brazil is now at stall speed.

Senh: People forget that we must think in relative terms. The entire world is in a recession, and compared to them, the U.S. is doing decent.

 

Brazil workers exploited as modern-day Amazon slaves

Brazil's slavery victims are promised work and find themselves toiling in brutal conditions for little or no pay in the Amazon. After months of chopping down trees in the forest without pay and living on rice, beans and dirty water, Gil Dasio Meirelles decided he had to escape from the remote clearing in the middle of the vast Brazilian Amazon.

 

Booming Amazon city eats into jungle

Booming Brazilian city spreads into Amazon habitats. Marcelo Gordo is standing in the back garden of a small house in a suburb of Manaus, the capital of Brazil's Amazonas state, hoping to catch sight of a pied tamarin.

 

Exclusive: Brazil jets deal heats up as Boeing freezes bid

Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.

 

Brazil: 50 tons of corn stolen from moving train

Corn

Police in Brazil's southeastern Sao Paulo state are investigating the theft of 50 metric tons (55 U.S. tons) of corn from a moving train. A police report says the thieves greased the train tracks, making the wheels of the 54-wagon locomotive skid and slow down before they used a tow truck with a hook to remove the corn-filled containers.

Senh: This sounds like a great sequence for "Fast and Furious 6." Justin Lin, get to work.

 

Brazilian police invade Rio’s biggest slum in bid to bring security before World Cup, Olympics

Brazilian police backed by armored military vehicles have invaded Rio de Janeiro’s biggest slum. Hundreds of black-clad, rifle-armed officers began swarming into the Rocinha shantytown early Sunday. Experts say it’s the most important step yet in bringing security to Rio de Janeiro before it hosts the final matches of the 2014 World Cup and the 2016 Olympics.

 

Brazil growth 'to slow sharply'

Brazil's central bank lowers its forecast for economic growth to less than half of last year's, partly blaming the slowing global economy.

 

How can 72 bags of cocaine fit in man's belly?

How can 72 bags of cocaine fit in man's belly?

The gruesome images showing a man packed with 72 bags of cocaine  caused many to wonder how it was even humanly possible.

 

A decade on, rise of BRICs shaped by September 11

As his global teleconference broke up in disarray on September 11, 2001, a top economist at a U.S. investment bank began to ponder what the attacks on the United States might tell him about the future shape of the world.

 

A victory even US soccer haters should love

A victory even US soccer haters should love

If Americans don't fall in love with soccer after this, well, maybe they never will. Yes, the epic quarterfinal win by the U.S. women over Brazil featured nearly everything their countrymen hate about the "beautiful game."

 

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