Word: paulo
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...PAULO Actress Bruna Lombardi favors H. Stern's Cobblestone brooch...
...Nobel laureate opposition leader, was allowed to meet with members of her party for the first time in three years, and released a statement saying she looked forward to "a meaningful and time-bound dialogue" with Burma's military rulers. Meanwhile, U.N. human-rights envoy Paulo Sérgio Pinheiro was allowed into the country for the first time since 2003, to check on the treatment of prisoners and meet with top junta officials...
...years." In Brazil, Lula's election (and 2006 re-election) did not render the region's largest economy a leftist basket case. Instead, inflation has fallen from 12.5% in 2002 to less than 4% today. Brazil's real has climbed 56% against the U.S. dollar, and the São Paulo stock exchange, the Bovespa, is soaring. And since the U.S.-Chile free-trade agreement took effect in 2004, Chilean exports to the U.S.--including all that Cabernet--have risen...
...story.) Linux, in particular, is proving irresistible in the developing world. In Brazil, when Microsoft offered to install Windows in school computers pro bono, Brazil's chief technology officer caused a stir by comparing the company to drug dealers giving the first hit free. The cities of São Paulo, Recife and Porto Alegre are all running Linux, and the federal government aims to have 40% of all government systems using it by 2006. --By Andrew Downie/São Paulo...
...cause? Superlow interest rates that encouraged lenders to offer loans to virtually anyone, even those with bad credit. Those loans were then bundled together into exotic derivatives and sold off to financial institutions worldwide; when borrowers began to default on their mortgages, money managers from São Paulo to Seoul suffered huge losses...