Word: brazile
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Dates: during 2000-2009
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...Recent deals with Brazil and China highlight Beijing's ability to use loans a means of securing energy supplies. In mid-February, Beijing negotiated a $10-billion loan to Brazil's state-owned oil company Perobras, as well as a $25-billion loan to Russia's state-run oil company Rosneft. Both companies' revenues have plummeted in recent months as crude oil prices fell by more than two-thirds. China offered large cash amounts in a tight credit market, but rather than require that the loans be serviced and repaid in cash, Brazil and Russia will repay the loans...
...startled the drug industry and the public-health world by announcing a groundbreaking program intended to extend access to medicines for millions of people living in developing countries. GSK’s proposal is not a perfect solution: Millions of patients in middle-income countries, such as India and Brazil, will be left out of the deal. HIV research is also excluded from parts of the program, and even at reduced prices GSK products may remain out of reach for most patients in Least Developed Countries. Nevertheless, the announcement represents a remarkable willingness by a pharmaceutical company to change...
...Moscarini and Postel-Vinay have another theory. After observing the same broad trend within different industries and states, and even overseas in countries like Denmark and Brazil, they postulate that small companies hire disproportionately more early on in an economic recovery because it's easy for these firms to find good workers while unemployment is still high-and easy for workers to come across small companies since there are so many of them. Once the economy is chugging along at full-steam and the labor market is tight, larger companies regain the advantage, since they're likely able to offer...
...first layer of diversification must come in the makeup of the tigers' export markets by strengthening and extending trade links beyond the U.S. and Europe. Policymakers in Taiwan aim to do this by stimulating trade with other emerging markets, such as Russia, Brazil, India and the Middle East. Commerce within the region also needs a boost. The tigers need to "open up trade among the markets here, and to develop local goods that are attractive to local markets," says Joe Zveglich, assistant chief economist at the Asian Development Bank in Manila...
...pictures of Pope Benedict in Brazil...