Archive for 'Brazilian News'
The Floating Bank of the Amazon Posted by Rachel on Mar 17, 2010
Yesterday, the Wall Street Journal published a fascinating article about Bradesco Bank’s newest strategy for reaching Brazilians in rural areas of the Amazon: putting a bank on a riverboat. The article describes how the bank’s manager goes out every two weeks and searches for new customers along the banks of the Amazon. An excerpt: “Modest…
Brazil’s money bill’s new appearance Posted by André on Feb 25, 2010
If you are used to Brazil’s money bills, prepare to say goodbye to them. Starting in April they will begin being replaced by new ones. The currency, Real, will remain the same. Only the design and size of the bills will be different. The main reason behind this change is for security matters. The new…
Brazil News Headlines Posted by Rachel on Feb 9, 2010
Today we’re going to take a look at the big headlines this week coming out of Brazil. Alligator kills 11-year-old girl in Brazil, MSNBC Sugar output in Brazil’s Center-South may be 35 million tons, Business Week Brazil’s Lula sends anti-fraud bill to Congress, Reuters Brazil’s middle class grows to nearly 50 percent of the population…
The Brazen Kayaker Posted by Rachel on Jan 20, 2010
A teacher from Porto Alegre has an interesting hobby that has taken him to the other end of the country: kayaking the Amazon. Hiram Reis e Silva, age 58, has already kayaked several tributaries, including the 1,600 kilometer Rio Solimões. Now, he’s kayaking the 950 km long Rio Negro, which has very few inhabitants along…
Brazil Economic News Posted by Rachel on Jan 19, 2010
Let’s take a look at the headlines from business and economy in Brazil this week: Vale eyes Brazilian fertilizer assets, Financier Worldwide Vale deve roubar mercado de gigantes da mineração neste ano, Estadão Brazil Alupar completes $141 million debenture issue, Wall Street Journal Brazil Petrobras signs deal…, Wall Street Journal Azul transporta 2.2 milhões de…
Brazilians Help Out in Haiti Posted by Rachel on Jan 15, 2010
After the devastating earthquake in Haiti this week, Brazilians rose to the challenge to help out in the Caribbean country. Brazil already had 1,300 peacekeeping troops stationed there (although at least fourteen soldiers were killed in the quake). Brazil pledged US$15 million in aid, along with 13 tons of food and 17 tons of medicine…
The Real El Dorado Posted by Rachel on Jan 7, 2010
Yesterday, The Guardian published an article about a study of the Brazilian Amazon that indicates that the long lost mythical city of El Dorado did in fact exist, and existed in pre-Columbian Brazil. While researchers haven’t actually found a city made of gold, they have discovered 200 earthworks built over a span of 155 miles…