Word: braziller
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...Summoning Spirits? I was disappointed to see Brazil's President, Luiz Inácio Lula da Silva, cast alongside Hugo Chávez - a clearly paranoid and delusional man - as simply another "leftist anti-Yanqui" South American leader [Oct. 8]. It seems that Tim Padgett is more interested in stirring the old ghosts of anti-commie sentiment, which in South America led to the disastrous and brutal rule of the U.S.-backed military juntas (from which many countries are still reeling), than in presenting us with an accurate account of current politics. Pedro Morais, Lisbon...
...Mexico, Brazil, India and China, to start. Our focus so far has been primarily in the low-cost-housing area, where we're actually building houses. But we're involved in the shopping-center business and the office-park business as well...
This is a legal and geopolitical issue as well as a moral one. Brazil has successfully challenged our cotton subsidies in the World Trade Organization (WTO), and a recent congressional report admitted "all major U.S. program crops are potentially vulnerable to WTO challenges." When U.S. officials urge the world to embrace free markets and free trade, the inevitable response is, What about your farm programs? "Our credibility is zero," says economist Daniel Sumner, a former Assistant Agriculture Secretary who runs the University of California's Agricultural Issues Center. "Every other country thinks of us as a liar and a crook...
...little desperate--it launched a price war for Christmas toys in early October and then slashed 15,000 prices storewide. It increasingly seems the company's 45-year-old business model--based on a continuously improving supply-chain loop--is better suited to developing economies like Mexico, Brazil and China, where it is doing well, than to mature markets like the U.S. and Japan, where it isn't. In the U.S., same-store sales increases are bumping along at 1% to 2% a month, while rival Target, the fashion-forward, design-centric glamour girl of discounting, runs...
...Still, the skeptics remain, noting for example that the price tag of what was once billed as a $100 laptop is now closer to $200. Moreover, the original strategy of getting six of the largest developing countries - Argentina, Brazil, Pakistan, Thailand, Nigeria and Libya - to commit to buying one million units stalled in August. The governments in China and India have also been resistant, convinced that they can do something similar on their own. Negroponte's response has been to open up the program to individuals and companies, launching in mid-November in the United States a "Give...