Word: latinization
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Brazil is no stranger to economic crises. In the 1970s and '80s, Latin America's economic giant turned financial mismanagement into an art form. The current global turmoil has not left Brazil unscathed: stock prices, exports and growth are all down. But something interesting is at work this time around, and the best place to see it is in one of Brazil's favelas, the vast urban slums that are desperate even in the best of times. Walk through São Paulo's sprawling Brasilândia, though, and you don't sense the relentless doom and gloom gripping...
...corruption endemic. But consider: 53% of Brazil's 190 million people now occupy the middle class, up from 42% in 2002. This increased social mobility happened at the same time the country's main stock index soared some 480% before last fall's downturn. Lula seems to have cracked Latin America's chronic conundrum: how to expand underachieving economies while reducing epic inequality. In so doing, he's created a model that's "an insurance ticket, not a lottery ticket," says Marcelo Neri, head of the Center for Social Policies in Rio de Janeiro...
...department head to discuss the budget and develop a viable plan, she said. Almost all of the principles of Cambridge’s 12 elementary schools were in attendance at the meeting, in addition to the principal of the system’s only high school, Cambridge Rindge and Latin. Nearly three-quarters of the budget—74.5 percent—is allocated to expenditures in schools, roughly the same proportion as last year. The budget would preserve small elementary class size and keep the student teacher ratio at about 18:1. Three new kindergarten classrooms were also included...
...There is therefore no reason for U.S. diplomacy in Latin America to be withheld. Obama should send diplomats to Latin America to capitalize on the goodwill Latin American leaders have evinced toward Obama and to assure the people there that they are indeed important to U.S. foreign policy. It is in the best interest of both the United States and Latin America that cooperative measures are taken to strengthen Latin American economies and reduce crime. That said, a deeper dialogue between the nations should begin with all due speed...
...Letting the cool ocean breeze wash over me as I looked out at the Caribbean from the bar's perch on an antique turret, caipirinha in hand and a well-heeled crowd of European and Latin American dancers twisting before me to the ever present salsa, I couldn't have agreed more: if there exists an antithesis of Afghanistan, Cartagena...