November 13, 2013 |
Brazil is poised to triple oil production in the next two decades and become a top producer by 2035 if the country can develop its massive offshore reserves. Brazil could jump to No. 6 on the world's top producer list by 2035, up from 12th currently, according to the International Energy Agency. The South American nation could account for a third of total growth in crude oil output by 2035 by tapping into the deep water fields beneath the Atlantic Ocean, the agency said. But one potential obstacle to development is government policy designed to encourage economic growth, which requires companies to buy local equipment and services.
November 4, 2013 |
Remember when Justin Bieber was that clean-cut mop-top who made the little girls scream with innocent first love? Fix that sweet image in your mind, 'cause we're about to go in the direction of "Bieber at a Brazilian bordello. " But first, we're hitting the bottle - or more accurately, the bottle was hitting the Biebs, causing him to exit the concert stage early Saturday night in Sao Paulo. Fans were left confused after a water bottle thrown at the stage connected with the singer's face, TMZ reported.
October 31, 2013 |
SAO PAULO, Brazil - A little over a year ago, Brazilian playboy Eike Batista was reputed to be the seventh-richest man in the world and was in the habit of boasting loudly that he'd soon be No. 1. By this week, he had become one of the world's biggest paupers. On Wednesday, his flagship oil company, OGX, filed for bankruptcy. A personal fortune once valued at $30 billion had collapsed into a personal debt estimated at more than $800 million. Some Brazilians, long since soured on his cocky persona, responded with glee on social networks to the news that Batista's yacht, the Pink Fleet, would soon be sold for scrap.
October 25, 2013 |
MESQUITA, Brazil - As Dilma Rousseff neared the end of her successful 2010 campaign to become Brazil's president, Jeferson Monteiro set up a parody Twitter account and began having fun at her expense. When Rousseff took office and abandoned her own account on the microblogging service, Monteiro began sending tweets as the president, adopting the manic and self-obsessed vernacular common to the teenagers dominating the social media networks. He gently lampooned a president often seen as serious and tough.
October 12, 2013 |
In Mexico, people may someday remember where they were the night Raul Jimenez beat Panama. Babies may be named after him. Statues could be built. Or maybe not. Because if Mexico falls again Tuesday in Costa Rica, the country's disappointing performance in World Cup qualifying could be noteworthy for having kept the team out of the tournament for the first time since 1990 and not for Jimenez's magnificent bicycle kick, which beat Panama, 2-1, on Friday to breathe new life into Mexico's flickering qualifying hopes.
October 9, 2013 |
The massive museum exhibition devoted to director Stanley Kubrick that recently ran for more than six months at the Los Angeles County Museum of Art is opening this week in São Paulo, Brazil, and will be heading to Toronto next year. São Paulo's Museum of Image and Sound is hosting the exhibition, which features items from Kubrick's personal archives as well as cameras, props and costumes from his feature films. The show is scheduled to open Friday and will run to Jan. 12. The exhibition's next stop will be Toronto's Bell Lightbox, a cultural building that is a venue for the annual Toronto International Film Festival.
October 2, 2013 |
SIDROLANDIA, Brazil - Early one morning in May, gunfire rang out in a rural encampment of the indigenous Terena tribe in southwestern Brazil, killing Oziel Gabriel, who had been carrying a bow and arrow. Though violent disputes over land between farm owners and tribesmen aren't uncommon in Brazil, this case has drawn attention because witnesses say Gabriel, a school janitor in his mid-30s, wasn't shot by pistoleiros - hired gunmen sent by farm owners to clear native Brazilians off the land - but by uniformed police officers.
September 25, 2013 |
As we wrote earlier this summer , Apple faces a number of challenges in the smartphone market in Brazil. But one of them appears to have been cleared. A Brazilian judge has ruled that Apple has the right to use the iPhone name in Brazil, according to BNamericas, a Latin American business news agency. The decision overturns another ruling from INPI, the country's intellectual property agency. Earlier this year, INPI ruled that a Brazilian company called Gradiente owned the rights to the name.
September 21, 2013 |
Two days after qualifying for the World Cup this month U.S. soccer got more good news when FIFA, the sport's global governing body, released its monthly rankings. The Americans had jumped six spots to No. 13 in the world, their best showing in more than three years. All of which means … well, absolutely nothing. Since the rankings debuted 21 years ago, no team listed No. 1 heading into a World Cup has gone on to win the tournament. In both 1998 and 2002, nine of the top 10 teams didn't even reach the semifinals.
September 19, 2013 |
SAO PAULO, Brazil -- In the latest crackdown on corruption since protests exploded across the country in June, Brazilian police Thursday arrested four police officers and 15 others in a public pension scandal involving at least $135 million. Federal police allege that public money in the pension scandal was diverted into built-to-fail investments and then routed through fictitious companies to pay off the participants in the scam and the police, which provided protection. In the last 18 months, $135 million was taken out of money-laundering companies by “oranges,” Brazilian Portuguese slang for people used to receive ill-begotten cash.