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On the one hand, it’s very difficult to monitor and modulate the behavior of each and every one of your employees.  However, when you put on the flag of your country, you take on the role of an international ambassador and you must behave accordingly.  If you fail in doing so, you deserve whatever consequences are doled out upon you.

In an effort to mitigate the shameful behavior of the Rio 2016 Committee Employees in London, Minister Aldo Rebelo said the Rio 2016 committee acted “correctly to investigate the incident” and fire its 10 employees who downloaded the internal documents without authorization during the London Games.

Rebelo, the government official in charge of overseeing Brazil’s World Cup and Olympic preparations, said in a statement that the employees’ behavior does not represent the relationship of “trust and harmony” between the countries hosting the Summer Games.

Read CBS Money Watch article here:

http://cbsn.ws/QFk4B6

Presented by Miami International Business Attorney

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Americans tend to think of ourselves as the big “Melting Pot”.  Well, if you’ve ever been to Brazil, you soon realize that their pot melted so much it became a mold.  And, according to Yale professor of ecology and evolutionary biology Stephen Stearns, the mixed Brazilian ethnicity is the prototype for what the rest of the world will become.  Stearns says globalization, immigration, cultural diffusion and the ease of modern travel will gradually homogenize the human population, averaging out more and more people’s traits. Because recessive traits depend on two copies of the same gene pairing up in order to get expressed, these traits will express themselves more rarely, and dominant traits will become the norm. In short, blue skin is out. Brown skin is in.  A population forged from the long-term mixing of Africans, Native Americans and Europeans serves as an archetype for the future of humanity, Stearns said: A few centuries from now, we’re all going to look like Brazilians.  However, what will Brazilians look like when we all look like Brazilians?

Read Natalie Wolchover’s LiveScience.com article here:

http://yhoo.it/ScakS5

Presented by Miami International Business Attorney.

Many of the pundits have been warning of a BRIC slowdown for quite some time.  Well, due to the economic crisis experienced by the developed countries, Brazilian export targets for 2012 are set to be missed for the first time since they were first introduced in 2003.  The slowdown is attributed to a crash in the global price of iron ore, one of Brazil’s key exports. With sales from January to August totaling US$160.5 billion, Brasilia has admitted the US$264 billion target for the year is unlikely to be met.

Read Ben Tavener’s The Rio Times article here:

http://bit.ly/S2x2I7

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One more example of how the public service sector in Brazil is in deep need of a reform, Brazilian public notary Claudia do Nascimento Domingues set off a firestorm by granting Brazil’s first civil union to a trio, an act so unprecedented that there isn’t a word for it in Portuguese. Uniao poliafetiva is the label she created. “Polyfidelitous Union” is her best guess in English.  The trick is, she isn’t a Mormon.

Read Mariano Castillo CNN article here:
http://bit.ly/NmmFlS

Presented by Miami International Business Attorney.

A clever judge found an intelligent and unique way to offer inmates a chance for freedom earlier than they were expecting by applying the “re-socialization” method.  The alternative energy program lights a boardwalk and benefits inmates, while becoming the focal point of a movement to improve Brazil’s troubled prison system. Now, four bikes aregoing from 9 a.m. to 6 p.m. every day, charging batteries to power 10 lamps.Inmates cycle for30 to 45 minutes,rest and cycle again. The nine or 10 people in the program each spend about three hours a day generating electricity.  It’s interesting, wonder how it exports.

Read Vincent Bevins’ Los Angeles Times article here:
http://lat.ms/RTsiET

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If you don’t have a rich Uncle, as in Uncle Sam, it’s still nice to have a rich friend.  In the case of Cuba, Brazil is that friend.  Taking the lead and doing what the U.S would otherwise be doing despite political disagreement, Brazil became one of Cuba’s main economic partners worldwide. The two countries have expressed the will to broaden ties on the basis of a sustainable cooperation, reciprocity principles, and mutual benefit. Continue Reading »

There is such great hope for the Brazilian middle class.  The more their income grows, the more disposable income they’ll have, and the more they’ll be able to spend.  In fact, not only are the BRIC’s middle classes enlarging the great hope to save the stagnant economies of the Western World, they are also the great hope for their own economies. In Brazil, here’s a case study: Beto Silva, a salesman at a luxury clothing store, has seen his earnings jump over the past decade as Brazil’s economy has boomed.  His passion:  Art.

Read Jenny Barchield’s Associaed Press article here:

http://hrld.us/QXhcUi

Presented by Miami International Business Attorney.