The Rio Times reports that, “In the most recent twist in the oil royalties battle, on Monday, December 17th supreme court judge Luiz Fux granted an injunction to Rio State legislators, blocking an upcoming congressional vote to override the recent…
Monthly Archives: December 2012
Brazil Competitiveness: Comparing Selected Countries 2012
BrazilWorks regularly conducts translated summaries of key documents, studies, and reports that shed light on Brazil’s recent economic, environmental, political, and social development. In December, 2012 Brazil’s Confederação Nacional de Industria (CNI) or the National Confederation of Industry published the…
Brazil at the COP 18 in Doha
The recent 18th Conference of the Parties to the United Nations Framework Convention on Climate Change once again failed to address global warming and its causes. One impasse among others was the issue of Reducing emissions from deforestation in developing countries…
Brazil’s Insurance Industry
This year the International Monetary Fund (IMF) published the report, BRAZIL INSURANCE CORE PRINCIPLES DETAILED ASSESSMENT OF OBSERVANCE, which serves as a concise survey of the Brazilian insurance industry. The report assesses Brazil’s compliance with the Insurance Core Principles of the…
Oil and Gas Royalties: Education versus Patronage?
President Dilma partially vetoed the new oil and gas royalty law approved last month by the Brazilian Congress. President Dilma’s veto preserves the division of royalties between the federal, state, and municipal governments for those concessions already granted, but attempts…
Rio de Janeiro’s Low Carbon Development Plan
Last June, Rio de Janeiro’s Mayor Eduardo Paes and the World Bank’s Vice-President for Latin America and the Caribbean, Hassab Tuluy, launched the city’s unprecedented plan to rapidly lower carbon emissions through low carbon economic development. The plan features both…
Viva Oscar Niemeyer!
The Washington Post reports, “Oscar Niemeyer, widely regarded as the foremost Latin American architect of the last century, brought a daring and dramatic approach to public-works design through his glass cathedrals, cantilevered roofs and ovular-shaped buildings. Mr. Niemeyer, who died…
CNI’s 2012 Growth Assessment
Brazil’s National Confederation of Industry (CNI) issued its Economia Brasileira 2012 on an optimistic, but sober assessment of the past year and immediate future. According to the CNI, the economic environment is fertile for continued expansion founded upon more favorable exchange…