Archive for 'Brazilian News'
Brazil to begin pumping oil in Tupi Posted by Rachel on Mar 9, 2009
Petrobras, Brazil’s state-owned oil company, has announced that it will begin drilling for crude oil in the Tupi oil field in the Santos basin on May 1, 2009. Discovered in 2007, the oil field is estimated to have between 5 and 8 billion barrels of oil, but could potentially have up to 80 million barrels…
Rio de Janeiro Presents 2016 Olympic Bid Posted by Rachel on Feb 16, 2009
On Friday, the Brazilian Olympic Committee submitted a US$14.4 billion bid to host the 2016 Summer Olympics in Rio de Janeiro. The plan calls for $2.8 billion in operational costs and $11.6 billion in associated costs for construction and services. The plan also states that the city will use infrastructure from the 2007 Pan American…
Coca Cola Expands Brazilian Market Posted by Rachel on Feb 13, 2009
Despite the international economic crisis that has recently begun to affect Brazil, Coca Cola has been doing extraordinarily well. In 2008, it earned R$15 billion in Brazil, a 25 percent increase from the previous year. Also in 2008, Coca Cola Brasil’s sales volume increased by 7 percent, greater than the company’s average percentage worldwide. As…
World Social Forum Kicks Off in Belém Posted by Rachel on Jan 29, 2009
This week, the northern Brazilian city of Belém is hosting the World Social Forum, a meeting of leftist groups meant to counter the Davos World Economic Forum currently taking place in Switzerland. 100,000 people from environmental groups, feminist organizations, non-profits, religious organizations, and other groups have flocked to Brazil to discuss global issues, the most…
HIV Test Could Help Thousands of Brazilians Posted by Rachel on Jan 21, 2009
In a recent report, the Brazilian Ministry of Health revealed that an estimated 250,000 Brazilians are infected with HIV–and have no idea. However, since Brazil is on the forefront of HIV prevention and treatment, all of those infected could easily find out and begin to receive free treatment. The Brazilian public health system uses a…
Brazil in the Headlines Posted by Rachel on Jan 14, 2009
Today we’re going to take a look at the headlines about Brazil: The Place to Be: Florianopolis, Brazil, New York Times Government fights slave labor in Brazil, CNN Brazil President: Newspapers give me heartburn, IHT Brazilian Firms Step Up to Bridge Education Gap, LA Times BG to Invest $4 Billion in Brazil’s Pre-Salt Oil, Bloomberg…
New Portuguese Accent Rules Go into Effect Posted by Rachel on Jan 2, 2009
As of January 1st, the accent changes to written Portuguese meant to unify the global language go into effect. This year will be the “Year of Transition” when Brazil begins to adopt the new grammar rules. According to President Lula, the new and old rules can both be used until 2012, but some media outlets…