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Wednesday, April 7, 2010 as of 11:14 AM ET

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Brazil

Brazil

Brazil (, ), officially the Federative Republic of Brazil (, ), is the largest country in South America.

Read More at Wikipedia

Area

  • 8514877.0 km2

Population

  • 192376496

Currency

  • Brazilian real

Form of Government

  • Federal republic
  • Presidential system
  • Constitutional republic
Rio de Janeiro's spiraling housing prices spell trouble in paradise

Moving to Rio, I had visions of paradise, of a sprawling apartment with panoramic views over a palm-lined beach.

Instead, I found myself plunged into the inferno of one of the hottest real estate markets in the world.Brazil's burgeoning middle class is moving up in the world, into fancier high-rises. The discovery of vast oil deposits off the coast has flooded the city with renters carrying fistfuls of petrodollars. And property owners already are hiking rents in anticipation of Rio's upcoming mega-events, the 2014 soccer World Cup and 2016 Olympics.Property prices in some neighborhoods have risen sixfold in the past decade and now rival those in cities such as New York or Paris. I was moving from Paris and had previously lived in New York, so I thought I knew a little something about finding a place in notoriously difficult rental markets.Hubris. It'll get you every time.Armed with the Sunday classifieds, I launched what was to become my epic quest for an apartment back in January. I w...

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  1. Brazil court nixes prosecutors' request for Shell, BASF to deposit $500M in contamination case

    A Brazilian court has rejected a request from prosecutors that Shell Brasil SA and chemical company BASF SA deposit $500 million into a fund for workers allegedly co...

  2. Rain Kills At Least 8 in Rio de Janeiro , Brazil

    Heavy rains caused mudslides that killed at least eight people in Rio de Janeiro state Monday, raising the number of dead in Rio and neighboring Minas Gerais state t...

  3. Workers building World Cup stadium in northeastern Brazil remain on strike

    Workers building a World Cup stadium in northeastern Brazil decided to remain on strike Wednesday to demand better pay and improved benefits.The strike in Fortaleza ...

  4. Fears of failure bubbling around Rio +20 environment summit, largest UN conference ever

    The largest-ever United Nations conference, a summit billed as a historic opportunity to build a greener future, appears to be going up in smoke.U.S. President Barac...

  5. Brazil proposes Rio de janeiro as UNESCO world heritage site

    The Brazilian government is proposing that UNESCO name the city of Rio de Janeiro a World Heritage site.The proposal was made by Iphan, the government agency in char...

  6. Fan violence escalating in Brazil , death in Sao Paulo sparks fears of more confrontations

    Escalating soccer violence in Brazil is sparking fears of a new wave of confrontations in South America's biggest city.A 21-year-old Palmeiras supporter was fatally ...

  7. Brazil moves to cut hotel costs for Rio +20 summit, prices that prompted delegate cancellations

    Brazil is taking steps to lower the spiraling cost of accommodations during the United Nations' upcoming conference on sustainable development, the office of Preside...

  8. Brazil prosecutors seek payment $500M from Shell, BASF for alleged contamination

    Brazilian prosecutors said Wednesday that they asked a court to force oil company Shell and the world's largest chemical company, BASF, to immediately pay $500 milli...

  9. $4,000, gold-plated vibrator stolen in armed heist, just before Valentine's Day in Brazil

    An armed man in Brazil has heisted an 18-carat gold-plated vibrator selling for $4,000 at a luxury sex shop.Police say he walked into the Erotica Luxo store in Brasi...

  10. Brazil's dream capital 50 years later embodies country's hopes, obstacles

    BRASILIA, Brazil (AP) — Renato de Jesus gives a tour of the trash-strewn lot where he has lived all his life, just yards (meters) from Brasilia's gleaming federal go...

  11. Massive Blackout Hits Brazil's 2 Largest Cities

    A massive power failure blacked out Brazil's two largest cities and other parts of Latin America's biggest nation for more than two hours late Tuesday, leaving milli...

  12. Rio + 20 conference: Negotiators producing a mammoth, messy and expensive grab bag of regulations and demands

    Three weeks before the U.N.-sponsored Rio + 20 summit conference on sustainable development, member countries that  the United States hoped would produce a five-page...

  1. Rio de Janeiro attacks 'visual pollution,' big billboards along famed Brazil beach

    Officials in Rio de Janeiro are trying to make one of the globe's most beautiful cities even more stunning.Some 50 workers began tearing down billboards in front of ...

  2. Group plans to intensify protests against evictions ahead of 2014 World Cup in Brazil

    The Brazilian group that forced work to stop at the stadium being built for the 2014 World Cup opener plans to intensify protests across Brazil, saying the poor are ...

  3. After spat, Brazil and FIFA try to get to work to prepare country for 2014 World Cup

    Brazil and FIFA have put their rift behind them. Now it's time to get to work.A public dispute brought uncertainty over the country's preparations, but both sides ar...

  4. Rio closes a massive landfill where workers picked through trash for decades

    One of the world's largest open-air landfills, a vast, seaside mountain of trash where thousands of people have made a living sorting through the debris by hand, wil...

  5. Public spat between Brazil and FIFA brings uncertainty over 2014 World Cup

    With Brazil's preparations for the 2014 World Cup under increasing scrutiny, tensions are escalating between the country and FIFA.The public fighting between the hos...

  6. Strike in Brazil affects construction work at World Cup stadium in Salvador

    A strike by workers in Brazil has stopped construction at a World Cup stadium in Salvador, the third host city affected by strikes this month.Work was halted at the ...

  7. 'Suicide' statues atop Brazil roofs give fright; Life-size sculptures part of art exhibit

    They stand like nude sentinels, hundreds of feet above the stone pedestrian streets of central Sao Paulo. The life-size human silhouettes appear tense, perched on th...

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