Word: brazil
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...interview. “Yes, we came in at double that amount.” HMC’s performance was particularly strong in emerging markets—the University earned a 37.8 percent return in this asset class, which includes industrializing economies such as India, China, Russia, and Brazil. “It’s an area that promises returns, but it’s going to be a bumpy ride because what’s happening underneath all that is a realignment in the international economic order,” said El-Erian, who was in charge...
...savage history of foreign wars and civil strife left the country little strength for nation building. In 1864 Paraguay blustered into the suicidal, six-year War of the Triple Alliance against Argentina, Brazil and Uruguay; out of a population of 525,000, only 220,000 survived, and only 28,000 of these were men. Again in the Chaco War of the 1930s, Paraguay took on Bolivia and won 20,000 sq. mi. of wilderness borderland?at a cost of one Paraguayan life for each square mile. Thus the prize won in 1954 by Stroessner, a veteran of the Chaco...
...very different from what it was 20 years ago, when the G-7 accounted for half the world's GDP measured in purchasing-power parity. Then, large industrial economies had little need to consult the rest of the world. Today, the six largest economies outside the G-7?including Brazil, China, India and Russia?now account for 30% of global GDP. Yet China, despite its economic heft, has fewer votes at the IMF than any of the G-7 nations...
...towards George W. Bush, the incumbent Uncle Sam. Saudis, Swedes and Kiwis can hate Dubya, and thus protest against his folly in Iraq, while consuming the riches of U.S. commerce and culture. Some lands have the splendid fortune of a dignified presence to represent them: South Africa's Mandela, Brazil's P?l? and the U.K.'s Queen Elizabeth II. Others are stuck with rogues like Saddam, Gaddafi, Castro and Venezuela's Chavez...
...addition to her domestic volunteer work, Badaracco spent her summers in Ecuador and Bolivia, studied abroad in Chile her junior year, and taught English the year after college in Manaus, Brazil...