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Brazil's rising star

July 31, 2011 4:59 PM

As the U.S. and most of the world's countries limp along after the crippling recession, Brazil is off and running with jobs, industry, and resources. Steve Kroft reports.

Brazil's rising star
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by yann753 January 25, 2012 7:47 AM EST
Brazil economy is dynamic. I have created a company in brazil two years ago. After many bureaucracy complications, and many energy spent to opening a company here whose activity is a website for vacation rentals and home swap (http://www.quickhome.com), I can assure that It hasn't been easy to open an office here. You need a good lawyer, lot of time, lot of patience. Well, lot of companies refuse to open offices in brazil because of this and because of the arsenal of laws. And opening a company here is more difficult than in many others countries. The World Bank ranks it 120th out of 183 countries—worse than Burkina Faso or Nigeria. So, Brazilian market is nice, but it has a price. Think about it before to engage yourself or your company.
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by michaelrpeterson January 16, 2012 4:00 PM EST
I wonder if this Eduardo Bueno is the same man I met in Greece in 1978. He was politically passionate even back then and we traveled together for a short while. I was with him when he encountered his first snow in Yugoslavia and I translated parts of Woody Guthrie's 'Bound for Glory" for him. Almost 20 years later, I met him again in New York and he was still as passionate and articulate as I remembered him to be. I would love to hear from him again after all these years and I am sure he would love to hear from me. Maybe he will see this and try to contact me.

Michael Peterson
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by adautos August 6, 2011 2:28 PM EDT
Although some things really got better with the new popular government social bias driven policies, unfortunately its recent conquers have been compromised by corruption cases in the core of the government politic alliances itself.

To face all the growing challenges in all senses that Brazil has dealing with, which are raising great expectations worldwide, we brazilians have to develop a social control culture by selecting appropriate political representatifs and effectively control them to prevent huge and unrecoverable losses for we and the next generations.

By the way, crisis is the key word everywhere, isn't it?

Otherwise, the internal economic challenges US have been facing are terrifying the economic experts and the stock exchanges all around too, as its eventual crash would impact the whole globe. How you common people are dealing with that?
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