Latin America’s biggest economy, Brazil, is betting on vast offshore oil treasures to leapfrog ahead of the world’s top crude producers. But sometimes the obstacles seem too huge for the country to reach its ambitious targets. Meanwhile, the fuel-guzzling United States hopes that a friendly country like Brazil will help wean it off an unhealthy dependency on other, drama-prone oil suppliers. Will Brazil fit the bill?
Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led thousands of people to rush to withdraw money from a Brazilian bank over the weekend. Customers lined up at ATMs at dozens of bank branches of Caixa Economica Federal, a government-owned bank, which pays the social security subsidy on Saturday and Sunday.
RIO DE JANEIRO — Brazil is now the world’s largest crack market, with over a million users, according to studies. It’s so bad, the health minister called it an “epidemic” and the federal government announced a $2 billion program to combat it last December. Yet Evangelical church groups are making some headway in cleaning up the city's "crakolandias."
Stop me if you've heard this one, but North Korea is engaged in provocative militaristic behavior. Besides bluster on the Korean Peninsula, Myanmar's head of state makes the trek to Washington, and a Filipino kid has 41 names. They're all his.
This past weekend, the Sherpas for the group of 20 nations met for the third time in St. Petersburg to lay the ground work for the G20 Leaders’ Summit in September. Absent from any public disclosures of these meetings and the proposed fall agenda, so far, have been a newly revealed underbelly of disease and poverty in the G20 countries resulting from a group of chronic and debilitating infections known as the neglected tropical diseases or “NTDs.” NTDs are long-lasting and disabling parasitic and related infections that few people know about, such as leishmaniasis, elephantiasis, liver fluke, Chagas disease, and hookworm infection. They are the most common infections of poor people, rendering them too sick for work or productive activities and with the ability to reduce child intellect and future wage earning. The NTDs disproportionately affect girls and women.