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FIFA World Cup Forecast to Add $70 Bln to Brazil's Economy

According to Brazil’s Ministry of Sports calculations, the FIFA World Cup in 2014 is going to be a cash cow for the country. The nation’s economy is forecast to grow by at least $70 billion as a result of its hosting the World Cup, the Brazilian Ministry of Sports said July 6 in a statement. The figure is based on the country’s investments in private and public investment in infrastructure, heightened consumption, increased activity in the services sector and, of course, tax collection.

 

World's oldest person dies in Brazil

A Brazilian woman ranked by Guinness World Records as the world's oldest person died Tuesday at the age of 114.

 

21-year-old Alyssa Campanella of Calif. wins Miss USA crown in Vegas, will go to Miss Universe

21-year-old Alyssa Campanella of Calif. wins Miss USA crown in Vegas, will go to Miss Universe

A 21-year-old auburn-haired California girl won the Miss USA crown on Sunday night and will represent the nation in this year’s Miss Universe pageant in September in Brazil.

 

IE6 is alive and well and China is to blame

The most recent statistics according to the IE6 Countdown shows that the world as a whole is at 10.9% usage on IE6. The United States, Turkey, Canada, Brazil, Russia, Australia, New Zealand and the UK are at the top (bottom) of the list with under 3% of overall browsers running as IE6. Norway leads everyone at 0.4% and their neighbors in Finland are at 0.8%.

 

Debt Chart: How Much Of America's Debt Each Nation Owns

Debt Chart: How Much Of America's Debt Each Nation Owns

The United States has not seen a balanced budget since 2001. Although private banks in the U.S. hold the majority of the country’s debt, over 52% according to MSNBC, the Treasury Department and the Federal Reserve Board estimate that foreign governments hold 4.4 trillion of the country’s $14 trillion debt in Treasury securities.

 

Price of Success in Brazil: $15 Movies

Brazil has aspired for generations to climb into the club of the world's rich nations. By one measure, that moment has arrived: This city and others like Rio de Janeiro are now among the world's priciest.

 

U2 to Break Record For Highest-Grossing Tour of All Time

U2 are about to claim the record for the highest-grossing tour in history After the band's second show at Morumbi Stadium in Sao Paulo Brazil the gross for the Irish band's U2 360 world tour will pass the $558 million mark eclipsing the Rolling Stones' take for their A Bigger...

 

Obama, Juggling Crises, Arrives in Brazil

Obama, Juggling Crises, Arrives in Brazil

President Obama arrived in Brazil Saturday for his first trip to South America, a five-day tour intended to underscore economic ties to the region.

 

Video: Rain turns soccer stadium into swimming pool

A soccer match in Sao Paulo, Brazil, was halted after torrential rains flooded the stands, with some fans even enjoying a swim. NBC’s Ann Curry has more details.

 

Ronaldo retires, ending magnificent soccer career

Ronaldo retired from soccer Monday because his body can no longer meet the demands of the game, ending a magnificent career in which he won two World Cups with Brazil and thrived with some of Europe's top teams....

 

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