Word: brazile
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Dates: during 2000-2009
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Executives of Bombardier Aerospace seemed a bit defensive when they traveled from their Montreal headquarters to a recent aviation fair in São Paulo. Just east of Brazil's business capital are the headquarters of Embraer, Bombardier's smaller but aggressive rival. The two companies have fought for a decade over the market for regional jets - the ones with 20 to 100 seats that fly routes like Frankfurt to Munich. And the fight is becoming more intense: just last week U.S. Airways, which recently emerged from bankruptcy, struck a $4.3 billion deal to buy 170 regional jets, splitting...
...March, Tellier announced he would ax 10% of the work force in the aircraft unit, on the heels of deep job cuts last year. A decade ago, few would have guessed Embraer would be Bombardier's main competitor in the regional-jet business. But Embraer's 1994 privatization heralded Brazil's new push to be a global economic player. To exploit the late-'90s boom in worldwide regional-jet travel, Botelho committed Embraer to lighter, faster, farther-ranging and less expensive jets, which proved attractive to airlines even though they weren't - and still aren't - considered as technologically advanced...
...needed to reach your desired balance of cash, bonds and various kinds of stocks. Don't forget foreign bonds and stocks, in which most Americans are underinvested. Many foreign countries have been privatizing state-supported firms and reducing regulations and bureaucracy (and corruption), moves that will ultimately benefit investors. Brazil and Argentina have potentially powerful economies, deeply troubled but on a road to reform, notes economist Mark Zandi of Economy.com And a U.S. dollar that appears to be headed lower in the next few years could provide a nice tailwind as your foreign investments are translated back into greenbacks...
Braxton-Brooks traveled to Brazil in the summer to study the samba and capoeira techniques that appear in the show. She says creating it was one of her most rewarding and challenging experiences to date...
Flip-flops have been the universal summer footwear for years--cheap and utilitarian, if not particularly fashionable. But the humble rubber thong is this summer's stylish shoe. Havaianas, colorful flip-flops from Brazil, are selling out at high-end boutiques and cropping up in style magazines like Vogue, Elle and Cosmopolitan; they were recently seen on the Paris catwalk of designer Jean-Paul Gaultier. Selling for just $3 in Brazil, the shoes are fetching from $12 to $80 in the U.S. For fashionistas seeking a more formal summer look, Sigerson Morrison has created a new silhouette for the flip...