Joe Palazzolo and Rogerio Jelmayer – The Wall Street Journal, 9/23/2014
Brazilian authorities have filed a criminal action against eight Embraer SA employees accusing them of bribing officials in the Dominican Republic in return for a $92 million contract to provide the country’s armed forces with attack planes.
The criminal complaint, filed under seal and reviewed by The Wall Street Journal, marks one of the first known efforts by Brazil to prosecute its citizens for allegedly paying bribes abroad, a milestone achieved with help from the U.S. Department of Justice and the U.S. Securities and Exchange Commission.
The U.S. agencies are also investigating the company’s dealings in the Dominican Republic and elsewhere and have provided their Brazilian counterparts with evidence, according to a request last year for legal assistance from Brazilian prosecutors.
Anthony Boadle and Alonso Soto – Reuters, 7/17/2014
China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
In a raft of energy, finance and industry accords signed before presidents Xi Jinping and Dilma Rousseff, the two nations agreed to join forces to build railways to help Brazil cut its infrastructure deficit and feed China’s appetite for commodities.
Trade between China and Brazil soared to $83.3 billion last year from $3.2 billion in 2002, with iron ore, soy and oil making up the bulk of Brazilian exports, making China the South American nation’s biggest trade partner.
Stephanie Foden – The Rio Times, 09/20/2013
A new military cargo plane is going to make Brazil a contender on the world stage of military planemakers. Brazil’s Embraer S.A., an aircraft manufacturing company, is promising a jet that flies higher, fuller and faster, all while at a lower price than United States-based Lockheed Martin Corp’s esteemed Hercules airlifter.
“I don’t think the Hercules has ever faced such serious competition – and it’s the oldest aircraft in production,” Richard Aboulafia, an aviation consultant with the Teal Group told Reuters.
The Brazilian government is investing US$2 billion into the development of the aircraft powerhouse’s KC-390, which will be used to transport troops, supplies and also be a tanker aircraft in flight. Brazil will buy 28 aircrafts in a contract that must be signed within the next six months.
Nikolas Kozloff – Huffington Post, 08/12/2013
Is the U.S. ready to embrace the notion that Brazil has finally arrived on the world stage? Judging from the recent National Security Agency (N.S.A.) scandal, Washington is very skittish about the up and coming South American player. According to journalist Glen Greenwald, N.S.A. intercepts of Brazilian transmissions, including phone calls and internet communications, have been massive. Indeed, within the wider Americas region, N.S.A. snooping on the South American nation is second only to the U.S. in terms of overall scope. Writing in O Globo newspaper, Greenwald adds that the N.S.A. spied on the Brazilian Embassy in Washington and the South American nation’s mission at the United Nations in New York.
Needless to say, some Brazilian politicians are hardly amused by the revelations. During a recent hearing called by the Brazilian Senate’s Commission on Foreign Relations, officials peppered Greenwald, who resides in Brazil, about the N.S.A.’s capabilities. Specifically, politicians asked the journalist whether the spying agency was able to acquire Brazil’s commercial secrets and to capture communications of the country’s president and military. Confirming officials’ worst fears, Greenwald declared that indeed, Washington’s espionage was not solely aimed at preserving national security but also at collecting valuable commercial and industrial data from rivals.
Just why would the N.S.A. conduct industrial espionage on Brazil, a U.S. diplomatic partner? Greenwald promises to publish more articles which will illuminate the specific contours of such spying, and at this point it’s anyone’s guess what the further revelations will contain. It’s no secret, however, that behind all the bonhomie, Washington is wary of Brazil and particularly skittish about providing high-tech secrets to the South American juggernaut.
Juliana Ribeiro – Terra, 06/26/2013
The article features the partnership between Boeing, Embraer and FAPESP regarding the research on biofuels for aviation and the Flightpath to Aviation Biofuels: Action Plan launched on June 10 in Sao Paulo. “With this study, it was possible to identify the gaps, challenges and needs to enable the production of the aviation biofuels”, said Antonini-Puppin Macedo, Director of Research Collaborations of Boeing Research & Technology-Brazil.
Read in Portuguese…
Brazilian planemaker Embraer will launch on Monday a bigger and more efficient lineup of commercial jets entering service in 2018, pushing deeper into a segment that rival Bombardier has staked out with its new narrow-body CSeries.
Embraer SA plans to add three rows of seats to its biggest jet, the E-195, and one row to the E-175, a spokesman told Reuters. The second generation of E-Jets will drop the smallest model, the E-170.
The top-selling E-190 will be the first of the next generation delivered with upgraded avionics and geared turbofan engines from Pratt & Whitney. Details of the lineup are expected at a Paris Airshow press conference later on Monday.
Anne Applebaum – Washington Post, 06/06/2013
In the sunshine, this is a city of bright colors, fast movement, soaring vistas. But in the rain — and it can rain very hard indeed — the colors fade to gray, the traffic slows to a halt and the vistas disappear into the fog. In the favelas, the tin-roofed slums that cover the hills just behind the famous beaches, the steep walkways turn slippery and slick.
Which is why it was so surprising, on a recent rainy day, to climb up into the favela that spreads out behind Copacabana and come upon Bar do David, a famous favela eatery, as well as David himself. We didn’t exactly get dry while chatting with David and eating his seafood croquettes, but we did hear about the multiple awards he has won for “favela cuisine” and read the reviews framed on the walls. He’s been in business three years, he said. “And if I’d been here four years, I would have won an Oscar by now.” Next door, the news blared from a large, flat-screen TV.
The economics of favela life are complex, not to say mysterious: The next day, I met an articulate teenager with a fifth-grade education and brand-new sneakers. But then, of all of the nations misleadingly known as “developing” economies, Brazil might be the one that most emphatically defies stereotypes and expectations. Once, the world imagined that international trade meant that people in poorer countries would provide “hands for Western brains,” as writer Adrian Wooldridge put it. Instead, Brazil is one of several “developing” countries that have become innovators in their own right, producing not only entrepreneurial businesses such as Bar do David but also multinational companies such as airplane manufacturer Embraer or Natura, which makes a fortune out of organic cosmetics. The country is an international leader in the production of biofuels and the use of ethanol in cars; Brazilians tweet more than any other nationality except Americans.