Article - Will Brazil punch its weight in 2026?

Brazil has often been derided as the eternal country of the future. But now, it seems, that future has a date: 2026.

At present, Brazil is the fifth-largest country in the world and has the fifth-largest population as well.

But in 17 years’ time, it will also be the fifth-largest economy in the world, says its finance minister, Guido Mantega.

“These figures are from the Economist Intelligence Unit,” he told an audience of businessmen and journalists in London.

As he spoke, a slide showing a series of league tables outlined exactly how Brazil is expected to achieve this.

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News - Lula sees Brazil economy growing 5 pct in 2010

LONDON, Nov 9 (Reuters) - President Luiz Inacio Lula da Silva is confident Brazil’s economy will grow by 5 percent in 2010 and expects foreign reserves to reach $300 billion soon, he told the Financial Times in an interview published on Monday.

The FT, without giving a direct quote from Lula on his expectation for Brazil’s economic growth in 2010, said he was confident that the economy will grow by a more than healthy 5 percent next year.

“Not long ago I used to dream of accumulating $100 billion in foreign reserves,” the paper reported Lula as saying. “Soon we will have $300 billion.”

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Article - Olympics affirms Brazil’s rise, Lula’s legacy

RIO DE JANEIRO (Reuters) - Rio de Janeiro’s successful bid to host the Olympics in 2016 culminates Brazil’s remarkable rise over the past decade from a near basket case to an economic and diplomatic heavyweight.

Just as the Beijing Olympics of 2008 marked China’s revival as a world power, Rio 2016 may be seen as a stamp of approval on the South American giant’s coming of age.

After decades of underachievement, Latin America’s largest country in recent years has finally made good on the immense promise of its abundant natural resources, vibrant democracy and vast consumer market of 190 million people.

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Article - For Brazil, Olympic Bid Is About Global Role

RIO DE JANEIRO - On shimmering Copacabana beach, where Rio’s body-conscious residents play volleyball and soccer, giant screens are being readied for a live broadcast of the vote that will determine whether this city will make history by becoming the first South American city ever to host the Olympic Games.

On the streets and on the lips of radio and television broadcasters, Brazilians are abuzz with Olympics talk, and there is the distinct sense that this famous party city is ready to explode on Friday with a delirium rivaling its famed New Year’s and Carnaval celebrations if the vote for the 2016 Games goes Rio’s way.

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News - Brazil’s 2016 Olympic Bid Gets Presidential Push

The easiest job in the world belongs to Brazilian President Luiz Inácio Lula da Silva, as he supports Rio de Janeiro for the 2016 Olympics.

All da Silva has to do is say “Rio has the most beautiful beaches in the world,” and he has an instant audience.

He made this simple statement Tuesday in throaty Portuguese, with English translation, and right away I was picturing the long foamy waves and Corcovado in the background and, well, all right, I was also picturing “The Girl From Ipanema.”

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