Word: brazile
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Dates: during 2000-2009
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...expected to approve the Jacobses' implants within two months, and there are other ways to speed up the evolution. Two weeks ago, Applied Digital Solutions signed a deal to distribute VeriChips in Brazil, where kidnapping has become epidemic, especially among the rich and powerful. Government officials hope that VeriChips implanted in people considered at high risk could be used to track victims via satellite. "Here [in the U.S.] we're still dealing with FDA and privacy and civil-liberties issues," says Bolton. "But we're not stopping. We're going into South America right now!" Technology...
...precarious time, adding inflationary pressures to steel-based products and killing jobs in steel-consuming businesses (eight for every one saved by the tariffs, according to a study financed by those same steel consumers). It bruised America's relations with its allies - the EU, Russia, South Korea, Brazil, Japan, China, Taiwan and even Australia are all hopping mad and promising a fight - and left his Administration's pro-trade credibility in tatters. It also opened the door to countries like China throwing up pet barriers of their own. All in the name of about 800,000 voting steelworkers and retirees...
...Remind grousing Brazil that they've been allotted a generous 52 percent of the 5.4-million-ton slab-steel quota. And if they want to be treated like exempted NAFTA members Mexico and Canada, well, the Free Trade Association of the Americas (FTAA) negotiations - a Western Hemisphere version of NAFTA - kick off in 2005, which just happens to be three years away. Remind the Russians that they've been allotted 25 percent of that same slab-steel quota, and that if they want to be treated even better, like special-exemption Turkey, they could always be more helpful...
...BRAZIL Killer Epidemic An outbreak of dengue fever has killed at least 18 people as it laid low one in 10 workers in Rio de Janeiro state. The mosquito-borne disease, which causes such pain that it is also known as breakbone fever, first appeared in January and is spreading at a rate of 1,600 cases a day. Thousands of soldiers have been called in to spray insecticide and clear stagnant water where the mosquitoes breed...
This sort of unintended consequence is one of the classic arguments against trade protection. Consider that if the U.S. blocks steel imports from Brazil, that country could retaliate with duties on its imports of U.S. coal, throwing West Virginia miners out of work. Higher domestic steel prices could also push users to move their factories overseas; finished goods would then be exported to the U.S., circumventing tariffs on raw steel products. "My company will be at a competitive disadvantage," says Gary Hill, president of National Metalwares in Aurora, Ill. Hill's firm, small and privately held, makes school furniture...