Word: brazile
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Dates: during 2000-2009
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...exchange for carbon credits. (Deforestation is responsible for at least 20% of global carbon emissions.) But at Poznan, negotiations have gotten muddy. Thus far, no one can agree on what the rights of indigenous people who actually live among the trees should be in a forestry carbon market, while Brazil - home to 40% of the world's remaining rain forests - seems against the entire idea of avoided deforestation. (Brazil favors a plan that would have rich countries contribute to a global fund that would work to prevent deforestation, instead of using the carbon market.) There are legitimate criticisms of avoided...
...work together, the automotive industries of today may follow the many other businesses that went down because of a lack of understanding and cooperation on the part of unions. Which is better - a little less, or no job? Richard Hugh Fisk, SÃO PAULO, BRAZIL...
...what is the connection between Mr. Dantas’ prosecution and growth expectations for Brazil? The case shows that the country is still on a steady march towards fixing problems common to emerging markets. This march started in 1994 with the Plano Real, the monetary stabilization plan that ended Brazil’s inflation crisis as rates breached 2000 percent annually. Fernando Henrique Cardoso, the Finance Minister responsible for this plan, was elected president twice (1994-2002) and started a new era of commitment to responsible economic policy...
...world at 13.75 percent. This demonstrates that the left and the right have actually agreed on a plan for the country. Their issues are different—modernization of the tax system vs. freedom for the federal police, or control of the government budget vs. poverty alleviation. But Brazil has reached a new paradigm in its economic history: One of fixing the country’s problems without compromising macroeconomic stability...
...rather exaggerated. The bonds’ inadequate BBB-rating—barely above speculative status — contributes to this mispricing. But, of course, this grade was given by the same agencies that rated several mortgage-backed securities AAA and helped create the current financial maelstrom, which Brazil, fittingly, is sailing through with enviable resilience...