Tag: Brazil
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Chile, once Latin America’s economic model, now overtaken by Brazil
Christian Science Monitor: Chile, once Latin America's economic model, now overtaken by Brazil Conservative tycoon Sebastian Piñera won the second round of Chile's presidential election on Sunday in part due to voter faith that he can revive the economy. Meanwhile, Brazil's economy is booming. For two decades, Chile was the “teacher’s pet” of Latin America,…
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Fighting poverty in emerging markets
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Economist: Fighting poverty in emerging markets Lessons from Brazil, China and India … Between them, Brazil, China and India account for half the world’s poorest people and an even bigger share of those who have escaped poverty. In 1981, 84% of China’s population was below the poverty line of $1.25 a day (in 2005 prices);…
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Why South American economies are rebounding first
Christian Science Monitor: Why South American economies are rebounding first Commodities-hungry China is pulling Brazil, Chile, and others out of recession. But Mexico and Central America, dependent on US sales, are lagging. Mexico City; and SÃo Paulo, Brazil – Latin America, long tied to the economic well-being of the United States, finds itself in a…
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Farming superpower Brazil spreads its know-how
Christian Science Monitor: Farming superpower Brazil spreads its know-how Planaltino, Brazil - As a young soil scientist, Edson Lobato looked out at the vast savanna of central Brazil and imagined fields of soy, corn, and cotton where most saw an inhospitable mass of red earth and tangled trees. His friends and family urged him to…
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Poverty in Brazil
Reuters: Poverty still plagues Brazil Jul 9 – Poverty still haunts Brazil, even as a booming economy has lifted millions of Brazilian into a new middle class. The income of Brazil's poorest 10 percent grew by about 9 percent per year between 2001 and 2006 – meaning millions of poor are moving out of danger…