BetterTrades is here to provide the best stock market education and coaches. Freddie Rick is here to teach you about trading and investment .
--------------
5% of Brazil's GDP Goes on Red Tape and Then You Have Corruption
Written by Alana Gandra
Thursday, 13 October 2005
A survey by the Rio de Janeiro American Chamber of Commerce, in Brazil, found that 66.7% of the two hundred businessmen interviewed said that corruption has increased in Brazil recently. And 68.4% of those interviewed said corruption has had an effect on their businesses.
Out of those interviewed, 66.1% said corruption was more prevalent at the federal level, with 50.3% saying it was more present in the executive branch.
A majority (56.5%) expressed doubts about the Congressional Investigative Commissions (CPIs) reaching satisfactory conclusions with a resultant decrease in corruption. And 51.4% said they believed illegal financing schemes (caixa 2, slush fund) would continue to operate during the next elections.
The vast majority of those interviewed (75.1%) said the way to halt corruption was with more severe punishment. Others (57.6%) said authorities should not have legal privileges (such as special courts) or be allowed to resign to escape punishment.
Reducing Bureaucracy
On Tuesday, October 11, a work group composed of lawmakers was set up in the Brazilian Senate with 30 days to submit legislative proposals to reduce the country's excess of bureaucracy.
According to the World Bank, Brazil is the world's fourth most bureaucratic country. It is estimated that around 5% of the Gross Domestic Product (GDP) is wasted on bureaucratic red tape.
The group, which is presided by senator Fernando Bezerra, from the PTB party of Rio Grande do Norte state, will study ways to unify and simplify the laws regulating the opening and closing of firms, as well as proposing measures for tax simplification and the debureaucratization of government services.
Opening a firm in Brazil generally take 152 days, three times the global average.
The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area.
The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy.
On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil.
Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms.
One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis.
On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking.
Depletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse.
Geisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose.
The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj).
A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17. Three policemen died and another two were injured. This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.