Word: brazile
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Dates: during 2000-2009
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...stunning testimonial to the benefits of privatization--and fortuitous timing--than the formerly state-owned Brazilian mining firm Companhia Vale do Rio Doce. In the 55 years following its founding in 1942, Vale, as it is now known, grew into a comfortably large domestic player. Since being unshackled from Brazil's state bureaucracy in 1997, Vale has soared into the ranks of global-commodities powerhouses, with net income rising from $680 million in 2002 to $9.2 billion in the first nine months of 2007, placing it as one of the top-three diversified mining and metals firms...
Named after the verdant hills that slope down to the Atlantic Ocean, the Emerald Coast of southern Brazil has been luring visitors for the best part of five centuries. Half of Europe seems to have some historical foothold here, be it in language, architecture, customs or cuisine. The Portuguese were the first to arrive in the 16th century, settling among indigenous Indians as they established a local whaling industry. But by the mid-1800s they had been joined by whole communities of Germans, Italians and Austrians, who came to exploit the vast virgin forestland...
...lasting effect of all these groups on the region is both endearing and surreal, and the best way to experience it is with a tour of Santa Catarina state. The heart of the region - and one of the few places in Brazil where renting a car is a good idea - Santa Catarina is a meandering mix of lush valleys, vibrant beach life and gentle fishing villages where the legacy of early pioneers lives on. From tiny Azorean settlements like the village at Armação with its colonial-style chapel, to the grand timber-framed Germanic architecture of Blumenau...
...lack of backing they received at the United Nations Security Council immediately after their invasion, where they were condemned as aggressors. The situation would seem less clear-cut to other Latin American countries if the British started shooting in the South Atlantic. At least ten countries, including Brazil, Mexico and Venezuela, have expressed sympathy with Argentina's claim to the Falklands, even while most deplored their" neighbor's methods. British military action might make them close ranks with Argentina, although the other Latin nations are unlikely to join in any conflict...
...like the Renewable Fuels Association criticized the studies for being too simplistic, and failing to put biofuels in context. And it's true that the switch to biofuels can have benefits that go beyond climate change. Biofuels tend to produce less local pollution than fossil fuels, one reason why Brazil - which gets 30% of its automobile fuel from sugar-cane ethanol - has managed to reduce once stifling air pollution. In the U.S., switching to domestically produced biofuels helps cut dependence on foreign oil, and boosts income for farmers. But in all of these cases, the benefits now seem to pale...