Word: cio
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...Sean Goldman case sounds so much like the Elián González case, in fact, that Brazil has opened itself to charges of especially egregious hypocrisy. It's no secret that Brazil, especially under hugely popular President Luiz Inácio Lula da Silva, has become a hemispheric counterweight to the U.S. And it loves to play tit-for-tat with Washington. Because Washington still insists Brazilians secure a visa before entering the U.S., Brasilia makes Americans pay for a "reciprocal" permit to get into Brazil; after the U.S. started thumb-printing foreigners in immigration lines after 9/11...
...rhetoric, Weisbrot adds, foreign investment is higher now than it was under many of Morales' predecessors. Much of that success was driven by the decade's abnormally high prices for commodities like natural gas, and it was hardly expected from a man who, like Brazilian President Luiz Inácio Lula da Silva, did not attend college and concedes he didn't know what inflation meant before he became President. "When Morales admitted [during a visit to the U.S.] that it wasn't until after his election that the concept was explained to him, eyes grew wide," says Martin Sivak...
...holiday. The U.S. Chamber of Commerce is asking for a reduction of the capital-gains tax, renewal of popular research and development and other soon-to-expire business tax breaks and a permanent elimination of the estate tax, among a long wish list of tax provisions. The AFL-CIO, the nation's largest umbrella union, would like to see aid to struggling states to help avoid layoffs of teachers, police and public employees and upwards of $500 billion more in targeted infrastructure and green-jobs investment. It proposes paying for this by instituting a stock transaction surcharge...
...swing through Latin America this week by President Mahmoud Ahmadinejad has prompted the Obama Administration and U.S. congressional leaders to signal their displeasure with the Iranian leader's regional hosts. President Obama wrote to Brazil's President Luiz Inácio Lula da Silva on the eve of the visit, reiterating the U.S. position on Iran's nuclear program, and urging the Brazilian leader to back it. Washington's pique is hardly surprising, since the visit comes at a moment when the U.S. is seeking to rally an international united front to coerce Iran into limiting its nuclear ambitions...
What is certain is that Brazil faces huge infrastructure challenges in the coming years. The government of Luiz Inácio Lula da Silva has promised to spend $14 billion preparing for the Olympics and billions more readying for the World Cup. But until now, the priorities were improving atrocious transport systems, providing adequate hotel accommodations and stemming the violence that makes Brazil one of the homicide capitals of the world. (See what becomes of Olympic stadiums...