Brazil (6do encyclopedia)



Brazil, officially known as the Federative Republic of Brazil, is located in South America and is the fifth largest country in the world by both landmass and population. It covers an area of around 8.5 million square kilometers and is home to over 211 million people, making it the most populous country in South America, as well as the world’s seventh-most populous country.

Brazil is a culturally diverse country with a rich history and a vibrant economy. It is a founding member of the United Nations, the G20, BRICS, and the Union of South American Nations, among other international organizations. Brazil is the largest economy in Latin America and the ninth largest economy in the world, with a nominal GDP of US$1.84 trillion (as of 2021).

Geography and Climate

Brazil is a country with a diverse geography. The landscape is characterized by the Amazon Basin, the Brazilian Highlands, the Atlantic Coast, and extensive river systems such as the Amazon, the Paraná, and the São Francisco. The Amazon Rainforest, which covers an area of over 4 million square kilometers, is the largest tropical rainforest in the world and is home to more than 30,000 species of plants and animals. The Brazilian Highlands, located in the southeast of the country, are dominated by grasslands and savannas, with rugged mountain ranges running through the region.

Brazil’s climate varies widely, from the humid equatorial regions of the Amazon Rainforest, to the drier semi-arid regions of the northeast, to the subtropical south, and the temperate regions of the Brazilian Highlands. The country experiences a distinct rainy season from December to April, with heavy rainfall in the Amazon and the northeast, while the southern regions experience a winter season from June to September.

Culture

Brazil is a multicultural country with a rich, diverse cultural heritage. The country’s culture has been influenced by its indigenous peoples, as well as by African, European, and Asian immigrants who have settled in the country over the centuries. The music and dance styles of Brazil are known around the world, with samba and bossa nova being popular examples.

Brazilian cuisine is also famous for its distinct flavors and dishes. Feijoada, a hearty stew made with black beans and various cuts of pork, is considered the national dish of Brazil. Other popular dishes include churrasco (barbecue), coxinha (deep-fried chicken croquettes), and brigadeiros (chocolate truffles).

Brazil’s arts scene is also vibrant, with many famous writers, artists, and architects calling the country home. Notable Brazilian authors include Machado de Assis, Clarice Lispector, and Paulo Coelho, while Oscar Niemeyer is considered the country’s most famous architect.

History

Brazil was first inhabited by indigenous peoples, including the Tupi and Guarani, who had been living in the region for thousands of years before the arrival of Europeans. In 1500, Portuguese explorer Pedro Álvares Cabral claimed the land for Portugal, and the country remained a Portuguese colony for over 300 years.

During this time, Brazil developed a plantation-based economy centered around the production of sugar, coffee, and other crops. Millions of African slaves were brought to Brazil to work on these plantations, leading to a significant Afro-Brazilian population and culture.

Brazil gained its independence from Portugal in 1822, and the country became a constitutional monarchy ruled by Emperor Pedro II. The late 19th century saw significant industrialization and urbanization in Brazil, and the country became a republic in 1889.

In the 20th century, Brazil experienced periods of political instability, including a military dictatorship from 1964 to 1985. Democracy was restored in 1985, and Brazil has since become a major economic and political power in Latin America.

Economy

Brazil’s economy is known for being diverse and dynamic. The country has a large service sector, including banking, tourism, and telecommunications, and a strong manufacturing sector that includes automobiles, pharmaceuticals, and aerospace technology.

Brazil is also a major player in the global agricultural industry, producing crops such as soybeans, corn, and coffee. The country is the world’s largest exporter of coffee and orange juice, as well as a significant producer of beef and poultry.

Despite being a major economic power, Brazil faces significant social and economic challenges, including income inequality, poverty, and crime. The Brazilian government has implemented various policies to tackle these issues, including social welfare programs and investments in education and infrastructure.

Conclusion

Brazil is a diverse and dynamic country with a rich cultural heritage and a vibrant economy. From its iconic Amazon rainforest to its bustling cities, Brazil has something for everyone. Despite facing significant challenges, Brazil remains a major player in Latin America and the world, and is an important cultural and political hub for the region.


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Canadian rugby men finish season-best fourth at HSBC France Sevens

The Globe and Mail

23-05-15 04:10


Canada have finished in fourth place at the HSBC Sevens, losing to Argentina and France, but achieving their best finish on the HSBC World Rugby Sevens Series this season. The result will provide a timely boost for the men’s team ahead of next weekend’s relegation play-off in London to save their status as a core team next season. New Zealand won the men’s competition in the final match against Argentina whilst Ireland joined the New Zealand, U.S. and Australia sides, who also qualified, to play at the 2024 Olympics. The Canadian teams will now focus on the Rugby Americas North Sevens Olympic qualifier in Langford, Canada, in August.

https://www.theglobeandmail.com/sports/article-canadian-rugby-men-finish-season-best-fourth-at-hsbc-france-sevens/
Biden, India’s Modi out to deepen their bonds, but geopolitical friendships have their limits

The Toronto Star

23-05-15 04:04


Indian Prime Minister Narendra Modi is due to visit Washington on 22 June on a trip that marks the importance Joe Biden is placing on relations between the US and India. However, the situation is complicated by tensions and policy differences between the countries. India abstained from voting on UN resolutions criticising Russia following its annexation of Crimea, and has not joined the coalition formed by the US and other countries. The relationship with the US is important to India as its relations with China have become more fraught, with the two nations embroiled in a three-year standoff involving thousands of soldiers stationed along their disputed border in the eastern Ladakh region. Both the US and India have been emphasising technology partnerships, including defence, clean energy and space, which are likely to be discussions at the upcoming meetings.

https://www.thestar.com/news/world/us/2023/05/15/biden-indias-modi-out-to-deepen-their-bonds-but-geopolitical-friendships-have-their-limits.html
Biden, India's Modi out to deepen their bonds, but geopolitical friendships have their limits

The Independent

23-05-15 04:03


President Biden has made it a priority to strengthen relationships with India, but the alliance has its challenges, including the fact that Biden champions democratic ideals while Indian Prime Minister Narendra Modi has been accused of eroding democratic traditions. Both nations, however, currently share an interest in containing China's economic rise and increased global prominence. Although Modi had a good relationship with Biden's predecessor, Donald Trump, and has made some efforts to forge a connection with Biden, the future of this geopolitical friendship isn't guaranteed. Experts believe the relationship between India and the US will largely depend on the pace of India’s progress and whether or not it chooses to expand its security ties with Washington. Meanwhile, relations between India and China have become increasingly strained, with the two nations becoming engaged in an intense three-year standoff along the disputed border in the Ladakh region.

https://www.independent.co.uk/news/world/americas/us-politics/india-ap-narendra-modi-joe-biden-washington-b2338819.html
China's rising clout spotlighted at finance chief meetings before G7 summit

Reuters

23-05-15 03:19


A weekend meeting of finance chiefs from the Group of Seven (G7) advanced economies set the stage for the G7 summit in Hiroshima by signalling China will feature large on the agenda. While the meeting did not single out China as a threat, the aspirational outreach programme to Brazil, the Comoros, India, Indonesia, Singapore and South Korea, with its focus on infrastructure investment, is is seen as a tacit counter to China's Belt and Road initiative. Japan, as host, persuaded its fellow G7 members to commit to launch a programme by the end of 2023 to diversify supply chains for strategically important goods away from China.

https://www.reuters.com/markets/chinas-rising-clout-spotlighted-finance-chief-meetings-before-g7-summit-2023-05-15/
‘Genuinely worried’: US dollar woes fuel gold rush in Hong Kong, Singapore

South China Morning Post

23-05-15 01:30


Gold is becoming increasingly popular among investors in Singapore and Hong Kong as they search for safe havens to store money since the recent banking turmoil in the United States. Trade volumes have surged in the Asian trading hubs, with gold now being viewed more as a currency than a commodity. Hong Kong-based Precious Metals Asia reported that gold turnover in April increased by 40% since March and 110% since January. One of its founders, Padraig Seif, said investors were worried that keeping their money in low-yield deposit accounts would erode the long-term value of their savings. Gold has risen by 13% since March amid signals of a US economic slowdown, and fears of a potential credit crunch as a US debt default looms as the White House and Congress have been unable to reach agreement over raising the government's $31.4tn borrowing limit.

https://www.scmp.com/week-asia/economics/article/3220305/genuinely-worried-asian-investors-flock-safe-haven-gold-amid-us-dollar-woes
G7 host Japan seeks unity on threat from China

Financial Times

23-05-16 01:23


Japanese Prime Minister Fumio Kishida’s key aim during the annual G7 summit this weekend is to establish a united G7 response to China's military ambitions and "economic coercion," as the country continues to seek closer ties with NATO and imposes sanctions against Moscow as a result of the ongoing war in Ukraine. China’s interventionism has driven Japan to adopt a very cautious approach, revamping its military organisation and increasing security cooperation with nations in Southeast Asia and Europe. However, it is anticipated that the G7 will not agree on any specific new economic tools of security, and crucially, China will not be named in the statement. This widespread caucus approach aims to support countries being bullied by China rather than being completely focused on an offensive strategy. The EU, as well as other G7 members, remain very reluctant to adopt a more antagonistic stance, preferring to improve relations with emerging economies, particularly from Asia, Africa and South America.

https://www.ft.com/content/0998ac9a-58eb-44e2-b362-42cf5a0d468b
Brazil’s soccer match-fixing scandal has international reach, investigator says

The Toronto Star

23-05-15 23:46


The lead investigator in Brazil's match-fixing investigation has discovered potential evidence of wrongdoing by players from other countries. Foreign authorities are expected to study the findings and start their own investigations. Goias District Attorney Fernando Cesconetto stated that the case of Max Alves, a midfielder for Colorado Rapids, could be prosecuted in the United States. Cesconetto launched the investigation in November, focusing on three matches, and has widened it to 11 games. Evidence showed that players were offered between $10,000 and $20,000 to perform specific actions, such as receiving yellow cards and giving away penalty kicks, leading to potential profits on betting sites.

https://www.thestar.com/sports/soccer/2023/05/15/brazils-soccer-match-fixing-scandal-has-international-reach-investigator-says.html
In European Tour, Zelensky Reaps Billions More in Promised Military Aid

NY Times

23-05-15 23:00


Germany has pledged to give Ukraine a nearly $3 billion package of weapons, as well as making less concrete promises of additional weapons from France and Italy. The United States remains by far the largest supplier of weapons to Ukraine but support for Ukraine in the US is likely to come under pressure. US white house officials have said privately that they remain confident they have bipartisan support in Congress to continue helping Ukraine in the near term. The European Union package of aid includes long-range missiles, attack drones and tanks, and other armoured vehicles, which will fulfill many but not all the demands for weapons that Ukraine has said it needs for a counteroffensive. Military analysts have said the European reinforcements make it highly likely that Ukrainian troops forces will soon strike back at Russian forces that control the country’s south. The European Union's show of support for Ukraine underscores that the war is in a pivotal phase, with Ukrainian forces massing for a counteroffensive that could set the terms for any future negotiation with Russia.

https://www.nytimes.com/2023/05/15/world/europe/ukraine-war-zelensky-foreign-aid.html?searchResultPosition=1
Move over, U.S. dollar. China wants to make the yuan the global currency.

Washington Post

23-05-16 09:00


Large Argentinian home appliance retailer, Newsan, has started to settle its deals in Chinese yuan in a bid to protect itself from the weakening American economy. With access to US dollars in short supply, and Argentine companies being prevented from importing goods as a result of it, Newsan started ordering its products in yuan, and is being joined by others, including importers in Brazil which has just announced the ability for its companies to settle their trade in yuan. The use of the yuan by more economies, particularly as it is used instead of the dollar for large amounts of trade, is the first indication that it could be successful in causing a shift in the current global economic order. Furthermore, as western sanctions have been applied to Russia, and Russia and China conduct more trade, the use of the yuan is likely to become more commonplace.

https://www.washingtonpost.com/world/2023/05/16/china-yuan-renminbi-us-dollar-currency-trade/
Biden launches Asia trip aimed at taking on China

Washington Post

23-05-16 09:00


President Biden is to travel to Japan, Australia, and Papua New Guinea as part of a vast trip that aims to counter China's growing military, political and economic power. The trip seeks to build support for Ukraine, tackle global inflation, combat climate change and shore up allies in the face of China's aggression. The visit comes amid rising tension between the US and China, which analysts warn could be dangerous. While the president doesn't want a new Cold War with China, he has made it clear that other countries' support is essential in dealing with Beijing's aggressiveness.

Biden’s visit will begin with a summit of the Group of Seven in Hiroshima in Japan. Officials will meet survivors of the 1945 atomic bombing. Biden will also visit Papua New Guinea to address the 18-member Pacific Islands Forum aimed at creating a global alliance against China’s expanding military operations in the South Pacific. He will sign a defence pact to create security infrastructure within Papua New Guinea and facilitate more joint training exercises with the US military. Biden will also push in Australia to counter China’s military expansion in the Indo-Pacific region.

Biden’s visit is in keeping with his administration’s more assertive posture towards the region, including efforts to wrap in smaller countries which had long felt neglected. The president’s trip could be overshadowed by Congress’s concerns about a potentially catastrophic US government default, while Republicans challenging the US’s long-standing foreign policy pillars argue for less US engagement with the world and confrontation with authoritarian states.


https://www.washingtonpost.com/politics/2023/05/16/biden-trip-japan-australia-china/

IEA says oil price downturn ignores looming supply crunch

Reuters

23-05-16 08:10


The International Energy Agency (IEA) has raised its global oil demand forecast by 200,000 barrels per day (bpd) to 102 million bpd, citing China's strong post-pandemic recovery as one of the reasons. This demand is expected to outstrip supply by almost two million bpd in H2 2021, according to the agency. The US and Brazil are predicted to lead modest supply growth of 1.2 million bpd for the year, in contrast to cuts agreed by OPEC+ that will remove 850,000 bpd from the global oil market from April to December 2021.

https://www.reuters.com/markets/commodities/iea-says-oil-price-downturn-ignores-looming-supply-crunch-2023-05-16/
Column: Yuan won't be FX reserve currency if no one buys China's bonds

Reuters

23-05-16 08:04


Foreign investors have been selling Chinese bonds ever since Russia invaded Ukraine in February last year, and the trend has been sustained throughout this period, according to Exante, a macroeconomic data research firm. China wants foreign investors to buy yuan-denominated bonds to enable the yuan to become a global reserve currency. However, the US is putting pressure on its Group of Seven allies to impose restrictions on certain investments in China with national security implications, a factor that could deter investors.

https://www.reuters.com/markets/asia/yuan-wont-be-fx-reserve-currency-if-no-one-buys-chinas-bonds-2023-05-16/
Push for BHP boss to give evidence in Brazil dam disaster

The Age

23-05-16 07:10


A law firm leading a $44bn class action lawsuit against mining company BHP has petitioned investors in Australia's largest superannuation funds to hold the firm responsible for the 2015 Samarco dam disaster in Brazil in which 19 people were killed. The case will have 700,000 claimants and will last 11 weeks, beginning next October. The law firm, Pogust Goodhead, has called for BHP’s senior executives, including CEO Mike Henry, to testify in court. BHP denies the lawsuit and has set aside $3.12bn to deal with claims related to the disaster.

https://www.theage.com.au/business/companies/push-for-bhp-boss-to-give-evidence-in-brazil-dam-disaster-20230516-p5d8pu.html
Cultural center on wheels brings the arts closer to working-class Brazilians

Reuters

23-05-16 13:31


A cultural center on wheels has been launched in Brazil's downtown Sao Paulo with the aim of bringing art and music into the lives of busy, working-class Brazilians. Each Tuesday, the bus is decked out with professional lighting and a sound system, and new musical or theatrical artists entertain passengers who can sign up online or jump onboard from the street if there is space. The project, which has received public funds, started in 2019 but was stalled by the COVID-19 pandemic. Its founder, Anderson Mauricio, said he came up with the idea based on his personal experience of the arduous daily commute he made as a theatre student.

https://www.reuters.com/world/americas/cultural-center-wheels-brings-arts-closer-working-class-brazilians-2023-05-16/
In Brazil, pris­ons with­out guards of­fer in­mates path to re­cov­ery

Al Jazeera

23-05-16 13:04


The Association for Protection and Assistance of Convicts (APAC), a Brazilian non-profit advocating for better treatment of prisoners, is running facilities across the country that empowers inmates to oversee security, produce their own food, manage discipline and care, wear their own clothes and have their own keys. Prisoners referred to as “recovering persons” are called by their name rather than by a number and recidivism rate is around 14 percent, compared to the Brazilian state’s national average of 39 percent after five years. APAC’s approach to rehabilitation offers prisoners education, treatment with dignity, and social workers. Convicts of all types of crimes are accepted, although drug-related offenders are prevalent. However, there are concerns surrounding the spiritual side of the program, as APAC views crime through the lens of individual moral error, rather than as a social construction that can change when conditions change.

https://www.aljazeera.com/news/2023/5/16/in-brazil-prisons-without-guards-offer-inmates-path-to-recovery
Brazil's Petrobras ditches import parity policy for fuel

Reuters

23-05-16 11:19


Brazilian state-run oil company Petrobras has said its executive board has approved a new method for setting diesel and gasoline prices. Previously, Petroleo Brasileiro used the import parity policy, which pegged the prices of both fuels to international rates such as global oil prices and foreign exchange. The new commercial strategy will use alternatives such as the cost of alternative suppliers and the marginal value for Petrobras. The company said price adjustments will continue to be made without a defined periodicity to avoid transferring to domestic prices the volatility of the international market.

https://www.reuters.com/business/energy/brazils-petrobras-announce-end-import-parity-policy-sources-2023-05-16/
As US debates abortion pill ban, Argentina expands its use

Reuters

23-05-16 11:09


Argentina has become the latest country in Latin America to allow the sale of mifepristone, an abortion drug that is now under threat of being banned in the US. Proponents of the two-pill regimen believe that it could improve the quality of care for women, reduce the likelihood of riskier surgical abortions being required, and minimise side-effects associated with taking the single misoprostol treatment. By end-2023, the Argentine government hopes to provide all medical abortions using the mifepristone-misoprostol combination.

https://www.reuters.com/world/americas/us-debates-abortion-pill-ban-argentina-expands-its-use-2023-05-16/
Thales, Gol ink deal to move maintenance services to Brazil

Reuters

23-05-16 11:05


Thales is to supply maintenance services for Brazilian airline Gol in Brazil rather than abroad to cut costs. Under the deal, Gol will no longer have to ship its Thales equipment for repair to the United States or Europe, instead having it maintained at a Thales plant in São Paulo. The move has been driven by concerns in France over offshoring jobs overseas, a state of affairs that President Emmanuel Macron seeks to reverse. Thales will serve Gol for an initial three years, but there is scope for extension of the deal and for serving other airlines in Latin America.

https://www.reuters.com/business/aerospace-defense/thales-gol-ink-deal-move-maintenance-services-brazil-2023-05-16/
Brazil’s Bolsonaro faces questioning in fake vaccine card investigation

The Toronto Star

23-05-16 17:07


Brazil’s former President Jair Bolsonaro has been questioned by the police in an investigation regarding the falsification of COVID-19 vaccine passports. The police are inquiring whether Bolsonaro, his family and his advisors altered their vaccine cards in order to bypass US requirements. Bolsonaro has denied any wrongdoing. This comes as Bolsonaro faces several investigations, including one on his role during a 2020 riot in the capital Brasília and another into his unsubstantiated accusations that Brazil’s electronic voting system is open to fraud.

https://www.thestar.com/news/world/americas/2023/05/16/brazils-bolsonaro-faces-questioning-in-fake-vaccine-card-investigation.html