Samba School

Mangueira

is much more than a traditional samba school. This school is one of a kind in the way that they manage to show true neighborhood support and the ability to help a community and its members succeed with pride all year long. These lovely dancers not only train year long to create the perfect story they also work within the community to better Rio de Janeiro and the neighborhood they have considered home for so long.

Samba schools took longer to rise from the poorer neighborhoods in Brazil but like more influential neighborhoods they less fortunate managed to rise and make their ability to samba not to mention their love for their culture, known.

One of the first schools do to this was Mangueira. Originally in the slums, this samba school was born near a hill of the same name and decided to use it as an offering to their people.


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Brazil Stocks Rebound

Brazil Stocks Rebound on Steelmakers, Vale; Mexico Declines

By Alexander Ragir and Emily Schmall

Sept. 21 (Bloomberg) -- Brazil’s Bovespa index rose as steelmakers and miners climbed on the prospect the recovering economy will bolster earnings, overshadowing declines for banks.

Gerdau SA led gains for steelmakers after Itau Unibanco Holding SA said Brazil’s largest steel producer may outperform on the outlook for “stronger than expected” third-quarter earnings. Vale SA, the world’s biggest iron ore miner, climbed 1 percent after a central bank survey showed Brazil’s economy will extend its recovery from the global financial crisis in the second half of 2009 and won’t shrink for the year overall. Banco Bradesco SA led a decline in financial stocks after Spain’s Banco Santander SA said it aims to raise as much as $7.2 billion by selling shares in its Brazilian business.

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Brazil Winner in Global Crisis

Brazil is One of Few Winners in Global Crisis

The financial market meltdown a year ago brought Brazil's three-year economic spurt to an abrupt halt, silencing those who had previously held that the country would be able to weather any global financial storm because of its strong domestic economy and stable banking system, reformed after the Latin American debt crisis of the 1980s.

As raw-material prices plummeted and investor risk-appetite dried up, hopes were quenched that Brazil's economy might be immune to the woes of the global markets. The economy contracted 3.6% in the fourth quarter of 2008 and a further 1% quarter-on-quarter in the first three months of 2009.

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French Jets to Brazil

Brazil to become first foreign customer for French jet

BRASILIA (AFP) – France has struck a landmark outline accord to sell 36 Rafale fighters for between four and seven billion dollars to Brazil, potentially the first foreign customer for the expensive jet, officials said.

Brazil's President Luiz Inacio Lula da Silva announced on Monday after meeting French leader Nicolas Sarkozy that advanced contract talks were being held, though French maker Dassault Aviation said it did not expect a final accord until 2010.

France has been seeking a foreign buyer for the multi-role combat jet for more than a decade.

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Brazil Tech Crunch

Why TechCrunch Is Not Coming to Brazil After All
by Sarah Lacy on September 3, 2009

brazilfailRight about now I should be leaving for the airport. In some 24 hours I’d be landing in Sao Paulo, picked up by my driver for the next two weeks and embarking on a jam-packed agenda, meeting with scores of South American startups and entrepreneurs.

This was to be the latest in my series of travels for my book-in-progress about entrepreneurship in emerging markets. Brazil was the one place that no one in the Valley was pushing me to visit. In fact, it was the one place my husband had asked me not to visit, having heard many reports of kidnapping and violence. But I was resolutely convinced there was a world of exciting companies and stories and had been looking forward to the trip for months. In fact, I’d spent about four months studying Portuguese and planning the trip.

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Increase in Brazilian Minimun Wage

Brazil Property News: Brazilian property owners get new minimum wage

September 2009 12:51


Brazil's planning minister Paulo Bernado has announced that the South American country's minimum wage will rise by 8.8 per cent in 2010.

The news was released at the 2010 budget proposal which was presented to congress recently.

Minimum wage increases above the rate of inflation, welfare programs and other social policies have helped boost the Brazilian economy since President Luiz Inacio Lula da Silva took charge six years ago.

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