Latest Brazil News
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Brazilian President Backs Protests and Pleads More Changes
Brasilia, June 18 (Prensa Latina) President Dilma Rousseff backed today protests registered in about 20 cities and reaffirmed her commitment to the ...
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UPDATE 1-Brazils Votorantim Cimentos scraps IPO as market conditions sour
Tue Jun 18, 2013 4:31pm EDT * Brazilian cement maker's offer was expected to raise $4.8 bln * Shareholders were unwilling to sell stock at discount By Guillermo Parra-Bernal SAO PAULO, June 18 (Reuters) - Votorantim Cimentos SA, Brazil's largest cement producer, and shareholders canceled a $4.8 billion initial public offering, a source with direct knowledge of the situation said on ...
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Socceroos Brazil-bound after late goal secures World Cup spot
Sydney 2000 Socceroos coach Holger Osieck has described qualifying for the 2014 World Cup in Brazil as a "beautiful feeling" and vindication of his methods.Australia beat Iraq 1-0 in a tense, nervy affair at Sydney's Olympic stadium last night thanks to an 83rd-minute headed goal from substitute Josh ...
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Brazil protests pose challenge for World Cup organisers
By Andrew DownieRECIFE, Brazil (Reuters) - A wave of protests across Brazil have alarmed football organisers concerned that the unrest could affect the current Confederations Cup and even jeopardise next year's World Cup.At least 200,000 people took to the streets of more than half a dozen Brazilian cities on Monday night in the biggest demonstrations in the country for 20 years.The ...
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Brazil disgust as sport spotlights squeezed services
Brazil’s middle class are demanding that public services be given a higher priority than football. The country is gearing up to host a global event for that next year; the sport is one step short of worship for millions of Brazilians; but while hospital and school budgets go hungry, many are furious that 11 billion euros is being spent preparing for the Confederation Cup. What lit the ...
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Brazil-Mexico Preview Selecao gunning for semi-final berth
Luiz Felipe Scolari is spoilt for choice ahead of Brazil's second Confederations Cup game against Mexico at the Castelao. With the Selecao in fine form during their comprehensive 3-0 victory in Group A's opener against Japan, and star player Neymar expected to shake off a minor knock picked up in the game, the 64-year-old's main concern is deciding if to change a winning ...
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Upward Mobility in Brazil and the Quest for Higher Education
The Rio State Rural Federal University campus in Nova Iguacu was built between 2006 and 2010. (Photo: Jason Margolis) Brazil is commonly referred to as an "emerging economy," along with countries like China and India. But to get past that hurdle, Siquera said a better metric of middle class growth is: Can deserving kids go to college? For the vast majority of Brazilians, the answer ...
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Confederations Cup Host Brazil not looking back in history Marcelo says
FORTALEZA, Brazil // Brazil left-back Marcelo says his side will not be seeking revenge when they renew acquaintance with Mexico in their second game of the Confederations Cup in Fortaleza on Wednesday. The last encounter between teams representing the two countries saw Mexico shock the five-time world champions with a 2-1 win in the final of the men's football competition at ...
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Deals with troubled Brazil firms smell of cronyism
Brazil is keeping its oil troubles a domestic affair. First, struggling local tycoon Eike Batista tapped Sao Paulo-based BTG Pactual for a lifeline. Now, the investment bank led by Andre Esteves has emerged as the unlikely buyer of assets from state-controlled Petrobras. The sketchy details on both deals only add to the unhealthy aura of crony ...
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Brazil protests catch authorities on the back foot
New generation radicalised as protests sparked by fury at bus fare hike mushroom into vast rallies against failing public services and cost of World ...
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Brazil here we come Iran fans sing
Iran .Footage aired on state television showed similar outpourings of joy around the country.In Tehran, residents waved the green-white-red national flag while motorists honked their horns and bikers sped through the capital to join the ...
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The People Have Awakened Hundreds of Thousands of Brazilians Rise Up Against the System
"The people have awakened," was clearly the message as roughly 240,000 Brazilians railed 'against the system' in nearly a dozen largely-peaceful demonstrations in cities across the country Monday night.Crowding the streets, protesters waved Brazilian flags, danced and chanted slogans such as "The people have awakened" and "Pardon the inconvenience, Brazil is ...
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Massive Wave of Protestors Flood Brazils Streets
Some of the largest protests in 20 years are breaking out across Brazil as more than 100,000 people took to the streets frustrated by poor transportation, health services, education, and taxes. A hike in bus prices ignited the initial protests, but the flame was fanned after images were released of Sao Paulo police beating demonstrators and firing rubber bullets during a peaceful march Sunday. ...
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Upbeat Super Eagles Arrive Salvador Ready For Uruguay
African champions Nigeria arrived in Salvador, north-eastern Brazil today ahead of their much-hyped clash with South American champions Uruguay on Thursday. Salvador, the capital of Bahia State, is home to about 2.7 million people and is Brazil’s third most populous city. It was Brazil’s first capital city until 1763. It is also regarded as the black capital of Latin America, as ...
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Brazils Votorantim Cimentos suspends IPO plans -source
SAO PAULO, June 18 | Tue Jun 18, 2013 3:15pm EDT SAO PAULO, June 18 (Reuters) - Votorantim Cimentos SA, Brazil's largest cement producer, and shareholders canceled plans to list shares on Sao Paulo's stock exchange, a source with direct knowledge of the situation said on Tuesday, citing deteriorating market conditions. The source, who declined to be named because the decision ...
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Brazilian protests occurring outside some Confederations Cup stadiums
A military police pepper sprays a protester during a demonstration in Rio de Janeiro on Monday. Protesters massed in at least seven Brazilian cities Monday for another round of demonstrations voicing disgruntlement about life in the country, raising questions about security during big events like the current Confederations Cup. (Victor R. Caivano/Associated ...
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Brazil players voice support for protesters
FORTALEZA, Brazil (AFP) - Chelsea defender David Luiz on Tuesday led his Brazil teammates in speaking out in support of mass protests in the country that have overshadowed the start of the Confederations Cup.More than 250,000 people took to the streets of Brazil's major cities on Monday to protest against public transport price hikes and the investment of billions of dollars in major ...
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Brazil’s Flamengo Won’t Make ‘Stupid’ Deal to Return to Maracana
Brazil 's most-popular soccer club Flamengo won't be pushed to do anything "stupid" in its negotiations to return to Rio de Janeiro's Maracana stadium, a senior executive said. Flamengo, which says it has 40 million fans, is in discussions with the consortium awarded the rights to run the iconic arena after it was reopened in April following a $500 million, ...
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Monthly bus fare is 26 of your income if you make minimum wage in Brazil
we noted earlier today , the bus fare hike was merely the last straw in a long list of public grievances about the shaky Brazilian economy. But it’s worth noting that Sao Paulo’s bus riders are being majorly squeezed by fares. A fare price that sounds pretty minuscule in dollar terms actually takes up a huge chunk of Brazilian incomes for those at the bottom (and presumably, those ...
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Video Does that country need more stadiums Brazilian discontent goes viral
Carla Dauden, a Brazilian filmmaker living in Los Angeles, added her voice to those of thousands of protesters with a Youtube video about why she won't be attending next year's FIFA World ...
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Protests Explode Across Brazil
Brasilia, Jun 18 (Prensa Latina) Protests in 20 Brazilian cities show a growing popular discomfort because of the continuous increase of prices, the high cost of living and the excessive public expense for the celebration of the Confederations Soccer Cup. The demonstrations were started on June 3 in Sao Paulo against the increase of the price of the transport tickets in buses, trains and subway, ...
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Angry At Brazils Government Protesters Take To The Streets
Copyright © 2013 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required. STEVE INSKEEP, HOST: Just because a government is democratically elected does not mean it is immune to protest. We've been watching demonstrations and the government response in Turkey. And now the demonstrations we're about to hear about took place in Brazil. ...
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Biggest marches in 20 years sweep Brazil
As many as 200,000 demonstrators marched through the streets of Brazil's biggest cities on Monday in a swelling wave of protest tapping into widespread anger at poor public services, police violence and government corruption.Brazilian President Dilma Rousseff said on Tuesday the massive protests that have swept the country in recent weeks represent legitimate calls for better public ...
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The Awful Truth About Brazils Protests The Country Of The Future Is Still Hostage To Its Past
clearly on the wane . And so is his native country of Brazil. Slower growth and high inflation, an appreciating dollar and a possible runaway credit boom facing the country's banking system have showed the world that, just as Batista, credit crazy Brazil is heading for trouble. Over the last ten years, the massive increase in credit in Brazil made room for a potential risk of credit crunch ...
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Brazils poor rail against soccer $$$
People walk in Rio de Janeiro, Brazil, on Tuesday, June 18. Brazilians took to the streets across the country to protest a 9 cent rise in bus fares. Brazil is building massive stadiums and revamping infrastructure ahead of the soccer World Cup, which it hosts next ...
Rio de Janeiro Digest
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Rio's uphill battle to host the Games
Rio de Janeiro has many aspects, it is the party capital of Brazil, the internationally recognized face of the country, the most visited city in Brazil, the crime capital of South America, a city with some of the highest drug use statistics and, more recently, the host city of the 2016 Summer Olympics. Winning that particular war has not been easy.
Rio de Janeiro, this bustling city of 6 million people (14 million if one includes the greater metro area) is the second largest city in Brazil and is famous for its statue Christ the Redeemer, which sits atop Corcovado Mountain and has looked down upon the city for almost 100 years. It is also famous for the internationally known Carnivale, the city’s samba schools, the fabulous beaches that grace our shoreline and Sugarloaf Mountain with its ancient cable car. Read more
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