Word: brazil
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There are few winners in the case of Sean Goldman, the 9-year old boy at the center of a custody battle between his American father and Brazilian stepfather. But the losers are easy to spot, starting with common sense. More worryingly for Brazil, a growing nation desperate to be taken seriously on the world stage, is the damage being done to its image...
...reasons foreign investment in Brazil has risen so significantly over the last few years is that Brazilian law is relatively solid. Unlike neighbors Venezuela or Bolivia, for example, foreign companies in Brazil do not fear that the goalposts will be moved in the middle of the game or that powerful interests will tear up agreements. Brazilian lawyers said Sean Goldman's stepfather, João Lins e Silva, has diligently followed due process in his attempt to retain custody of his late wife's son. (She died in childbirth earlier this year.) But there is still a sense that...
...itself. Independent India was at first a patchwork of former British provinces and princely states threaded together into a federal republic. Some of its states remain huge and unwieldy - for example, the north Indian state of Uttar Pradesh, with its estimated 190 million people, would be virtually tied with Brazil as the fifth most populous country on earth but it would also possess 8% of the world's population under the global poverty line. With a country of India's size and diversity - as well as poverty - there is logic in having smaller states. "It will in fact strengthen [governance...
...supplies dwindle in places like the North Sea and Gabon, companies are desperate to book new reserves - and Iraq, which unlike Kuwait or Saudi Arabia is incapable of producing its oil without foreign know-how and investment, is up for grabs. Unlike huge new finds off Mexico, Brazil and West Africa, many Iraqi fields were mapped years ago - some by the same companies now negotiating new contracts - and so will not require lengthy exploration before pumping can begin...
...leaders about U.S. plans to use Colombian military bases not just for drug interdiction but also counter-insurgency work, which could theoretically spill over Colombia's borders, he needlessly revived deep-seated fears of yanqui military interventionism south of the border and raised the hackles of U.S. allies like Brazil and Chile. It was the kind of dismissive display that Bush was best known for in Latin America - and a gift to the anti-U.S. Latin left, whose leader, Venezuelan President Hugo Chávez, is galvanizing his political base at home in a difficult economy by hollering about...