Article - Brazilian Middle Class Expands As Economy Surges

The cruel joke about Brazil was that it was the country of the future — and always would be. But now, Brazil is meeting its potential like never before.

Impressive economic growth, a booming commodity sector and the country’s popular government are receiving worldwide attention. The country’s center-left president, Luiz Inacio Lula da Silva — who as a boy shined shoes on the street — has led a crusade against poverty.

Innovative state programs, along with the economic growth, are lifting millions of Brazilians into the middle class and making the country a model for the developing world.

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Article - Brazil touts ‘Zero Hunger’ program

BRASILIA — As the United Nations food agency meets in Rome to discuss ways to combat global hunger, Brazil’s President Luiz Inacia Lula da Silva can tout the success of his country’s “Zero Hunger” program.

While the country still faces major challenges, including massive economic disparities, the UN Food and Agriculture Organization (FAO) estimates malnutrition has been reduced by 73 percent in the last six years.

According to the organization, which opened a three-day meeting in Rome on Monday, Brazil has also managed to reduce infant mortality by 45 percent in the same period.

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Article - Brazil’s lower debt ratio brings advantages, risks

SAO PAULO (Reuters) - Once marked by turbulence, Brazil’s now-healthy finances may be both the envy of the rich world and a source of future troubles.

Latin America’s largest economy has deflected the worst of the financial crisis that has left the major industrialized countries buried deeper in debt.

Yet Brazil’s privileged fiscal position brings risks: a flood of foreign money that could overheat the economy and the potential for fiscal slippage during the 2010 elections.

Brazil’s net public sector debt-to-GDP ratio rose to about 44 percent in August, up from about 36 percent at the end of 2008, according to the central bank.

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Article - A new era for South America

The success of Rio de Janeiro in Brazil after won its bid for the 2016 Olympic Games, has an important significance beyond of the sport for being the first time that a South American country, a sub continent known as part of Third World, was chosen as host the most important competition sport of the planet, which it has been a privilege of the named “rich countries” since this competition was created.

This decision opens the possibility for that Brazil not be longer a country of the Third World, because since many years ago this country have showed a big industrial and commercial development, in addition the tourism as a strong attraction and recently as an emerging oil nation after the discoveries of oilfield with potential of 80 billions of barrels of oil.

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Article - The Olympic Games – Great for Brazil

As you may know, Brazil won the bid for the Olympic games over Japan and The United States. After police raids on multiple favelas surrounding the Rio area, President da Silva announced that the Brazilian government will devoted sixty million dollars to the local and governmental law enforcement.

Over the weekend, during a turf war between two rival gangs, Police were forced to employ the air support of a helicopter. During the skirmish, the helicopter was shot out of the sky by high caliber machine gun fire. Three policemen died in the crash. Other casualties included 21 gang members/civilians. Violence is rampant in Rio where the high murder rate makes it one of the most dangerous cities in the world. After a third police officer died in a helicopter crash, President da Silva announced his decision to “up the ante” on the corruption facing Brazil.

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