Word: paulo
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...PAULO For Havaianas?favorite flip-flops?the new Surf Girl style...
Indonesian hipsters looking for a place to chill in steamy Jakarta didn't have to look much further than the Buddha Bar. Last year, the posh establishment opened as the first Asian branch of an international chain with outlets everywhere from Paris and Cairo to Kiev and Sao Paulo. But on March 10, the Jakarta Legislative Council ordered the nightspot shuttered because its use of religious iconography could be considered offensive to Buddhists. In addition to its religiously inspired name, the restaurant's dining area is dominated by a giant Buddha sitting in the lotus position...
...terminating pregnancies, Brazilian public opinion supports the status quo, and the country's Congress last year voted overwhelmingly to reject a modest attempt at decriminalizing abortion. The advances that have taken place are mostly local initiatives carried out almost surreptitiously, such as the move by São Paulo states to offer the morning-after pill and heavily discounted contraceptive pills at state-run pharmacies. (See pictures of São Paulo trying to renew itself...
...away a record $208 billion in foreign reserves. The banking system has remained well regulated, and so far seems to have been less exposed to the toxic assets that have wrecked many U.S. and European banks. All this has "buffered Brazil quite a bit against the global downturn," says Paulo Leme, emerging-markets director at Goldman Sachs...
...Lula, like the brawny, business-minded megalopolis he has made his home, has set a sturdy example. São Paulo's vast, stalagmite horizon of skyscrapers can't match the glamour of Rio de Janeiro, but the city of 20 million people is a truer and smarter reflection of Brazil's bandeirante (pioneer) character. This year, work will start on the hemisphere's first bullet train, which will eventually link the two cities. High-speed rail won't mask all Brazil's flaws. But it does show, perhaps, that the country of tomorrow has a brighter future...