Word: brazile
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Dates: during 2000-2009
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...everyone in the region has chosen a side: Caught in the middle are the likes of Brazil's center-left President Lula da Silva, trying in vain to bridge the chasm. Right now, that appears to be an intractable diplomatic challenge - not the sort of mess you'd ever expect to be solved by the Organization of American States, long derided as one of the hemisphere's more hopelessly ineffectual institutions...
...Sure, Chavez and Uribe, two of Latin America's most outsized egos, loathe each other. Each has significantly fattened his military arsenal in recent years, and tensions have rarely been this high between their countries. Nor are they alone on the Latin street when it comes to martial upgrading: Brazil's 2008 federal budget, for example, includes a 53% increase in military spending, leading many to wonder if Latin America is undergoing an arms race not seen since the heyday of military rule across the continent. But that doesn't mean that either Chavez or Uribe can afford an armed...
...else he tried, but he caught the Amazon bug, and 10 years later he pulled off the one spectacular success of his life. In defiance of malaria, anacondas, electric eels, freshwater stingrays, Confederate colonists, customs inspectors and Yanomamo tribesmen, he smuggled 70,000 priceless rubber-tree seeds out of Brazil and back to England...
...with China's explosive growth. But instead of allowing costs to expand with growth, Agnelli reduced overhead, turning logistics, for example, into a core competency. Vale now owns numerous ports and 10,000 miles (about 16,000 km) of rail. That's critical in a country as vast as Brazil...
...newly spread wings, Vale's home base is firmly in Brazil. When its three new joint-venture steel projects (with German, Chinese and Korean partners) come online in Brazil next year, Vale will be supplying 70% of demand--a commanding position that even a state-owned firm might envy.n