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...economy, especially in the places where it was suffering. While retail sales in the south actually dropped 0.29% in the year ending May 2006, they rose 16% in the impoverished north and northeast thanks largely to the injection of Bolsa Familia cash, says Marcelo Neri, director at a Rio business school and author of a recent report on inequality. "In some places that were so poor that money practically didn't exist, you greased the wheels," Neri said. "That's because of the Bolsa Famila, the rise in the minmum wage and other such programs. There is a clear link...

Author: /time Magazine | Title: Why Lula Will Win | 9/28/2006 | See Source »

...those businesses that are believed to be the biggest contributors to global warming. A 2000 report by Friends of the Earth on the investment portfolios of the U.K.'s top insurance companies found they invested extensively in global oil and mining companies such as ExxonMobil, Elf Aquitaine and Rio Tinto. "There's a real disconnect between the investment side and the acknowledgment of climate change," says Matthew Arnold, who tracks the U.S. insurance industry as a director of consultants Sustainable Finance. Insurers, however, insist that that's changing. With the growth of carbon-trading markets in Europe...

Author: /time Magazine | Title: A Changing Climate | 9/26/2006 | See Source »

...American Anna,’” he wrote. “In fact, last Christmas, Pat and I and Anna’s three sisters—Maria, Luisa, and Gabriella—spent a great week with ‘Latin Anna’ in Rio de Janiero...

Author: By Kristina M. Moore, CRIMSON STAFF WRITER | Title: Badaracco Daughter Killed in Crash | 9/11/2006 | See Source »

...have the cachet or name recognition of Myspace or Facebook, but in Brazil, Google's relationship site Orkut boasts a coverage that its more celebrated rivals cannot match. Almost half of Brazil's 32 million internet users have a profile on Orkut. Go to any cyber caf? in Rio de Janiero or Sao Paulo and wired youngsters will be leaving messages for friends, checking out potential dates and surfing through hundreds of thousands of communities, from the spiritual ("We love God"; 254,072 members), intellectual ("Addicted to books"; 46, 203 members) and physical ("I've got a big butt, what...

Author: /time Magazine | Title: Google and the Pedophiles | 9/6/2006 | See Source »

...annul their vote for president, making it the third most popular option behind incumbent President Lula and his main rival, Geraldo Alckmin of the Brazilian Social Democratic Party (PSDB). In races for state governor the annulment option was even more popular, with 13% in Sao Paulo and 17% in Rio de Janeiro saying they would vote for none of the declared candidates. And although there are few polls available for parliamentary elections, voters and analysts expect the percentage of annulments to be even higher in those races. "The credibility in the political system is damaged," says Joao Augusto de Castro...

Author: /time Magazine | Title: Letter From Brazil: Don't Vote, It Only Encourages Them | 8/21/2006 | See Source »

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