Word: lula
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...being unbusinesslike." Both sides knew that global trade relations had changed. The impasse between rich nations and Brazil's "G-22" group collapsed the five-day Cancún meeting - which Zoellick blamed on a cabal of "can't-do" countries led by Brazilian President Luiz Inácio Lula da Silva, who has emerged as the spokesman for the developing world. It looks as if Lula may have more to talk about this week. The battle over First World subsidies could torpedo a new round of talks in Miami - talks meant to lead to the Free Trade Area...
...Lula should have plenty of support for his strategy, since surveys show most Latin Americans have soured on closer trade ties with the U.S. Latin poverty has worsened amid capitalist reforms - a big reason why Bolivians last month forced free- marketeer President Gonzalo Sánchez de Lozada to resign. In Peru, the polling firm APOYO has found that only around one-third of voters agreed with their government's decision to take Peru out of the G-22. Lula and Brazil have harnessed decades of pent-up frustration with hefty U.S. tariffs. For example, Brazil and the U.S. together...
...that have so far done more harm than good for the region's 500 million people in poverty - could revive the failed left-wing economic policies that provoked those free-market reforms in the first place. Brazil, for example, last year elected former labor leader Luiz Inácio Lula da Silva as President. In Peru, antiglobalization riots (most often prompted by complaints over industry privatization) have become common. And the "Bolivarian Revolution" of left-wing Venezuelan President Hugo Chávez has brought double-digit economic contraction to that country. As a result, Mesa's support in Bolivia will...
...Kubik was one of the few audience members who didn’t ask about the nature of communist economic oppression, the daunting tasks facing China when (and if) it makes the switch to a capitalist system, or Brazilian labor leader-turned-President Luiz Inácio Lula da Silva. No, Kubik went for a more specific topic...
...were granted royal clemency. Saudi officials had claimed the men were involved in illegal alcohol trading that was related to the attacks. Five of the men had made televised confessions, which they later retracted, saying they had been tortured. Honeymoon's Over BRAZIL Socialist President Luiz Inácio Lula da Silva's public support waned as the Brazilian government's lower house passed part of a pension-reform bill,which raises the retirement age, caps civil servants' pensions and puts an 11% tax on pensions over $400 per month. Some 40,000 civil servants protested against the bill, part...