In 2012, Brazilian tycoon Eike Batista was the eighth richest man in the world, his $30bn fortune built on Brazil's incredible natural resources. By the middle of 2013 he had lost it all, engulfed in scandal. Brazillionaires is a fast-paced account of Batista's rise and fall, and of the rise and rise of the hyper-rich, not just in Brazil but the world over: a story of helicopter flights, high-speed car crashes and beach-front penthouses. But it is also an investigation into a country apparently poised to become a superpower, yet beset by endemic inequality and corruption. Stefan Zweig said in 1941 that Brazil was the country of the future; Brazilians joke that it always will be. Today, despite recent turmoil, that future seems closer than ever. It is the world's seventh-largest economy, companies like Heinz, Budweiser and Burger King are now controlled by Brazilian investors and Rio de Janeiro is hosting the 2016 Olympics. The brazillionaires have ridden the crest of Brazil's wave of progress; through them Brazillionaires tells the story of their country's past, present and future.
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For readers of Michael Lewis comes an engrossing tale of a country’s spectacular rise and fall, intertwined with the story of Brazil’s wealthiest citizen, Eike Batista—a universal story of hubris and tragedy that uncovers the deeper meaning of this era of billionaires. NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE FINANCIAL TIMES When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil’s emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were triumphantly taking their place at the center of global capitalism, and how wealth inequality was changing societies everywhere. The billionaires of Brazil and their massive fortunes resided at the very top of their country’s economic pyramid, and whether they quietly accumulated exceptional power or extravagantly displayed their decadence, they formed a potent microcosm of the world’s richest .001 percent. Eike Batista, a flamboyant and charismatic evangelist for the country’s new gospel of wealth, epitomized much of this rarefied sphere: In 2012, Batista ranked as the eighth-richest person in the world, was famous for his marriage to a beauty queen, and was a fixture in the Brazilian press. His constantly repeated ambition was to become the world’s richest man and to bring Brazil along with him to the top. But by 2015, Batista was bankrupt, his son Thor had been indicted for manslaughter, and Brazil—its president facing impeachment, its provinces combating an epidemic, and its business and political class torn apart by scandal—had become a cautionary tale of a country run aground by its elites. Over the four years Cuadros was on the billionaire beat, he reported on media moguls and televangelists, energy barons and shadowy figures from the years of military dictatorship, soy barons who lived on the outskirts of the Amazon, and new-econom
- Author : Summary Zoom
- Publisher : Createspace Independent Publishing Platform
- Release Date : 2017-05-02
- Genre : Uncategorized
- Pages : 26
- ISBN : 1546448993
When we think of Brazil, we think of beautiful beaches and beautiful people. It is a tapestry of people from different backgrounds all just having fun. However, this is far from the truth of what is going on Brazil. Despite Brazil being part of the BRIC nations; those with the most potential for growth in the global economy; Brazil is considered economically backwards in many ways. You get an idea of this when you look deeper into its politics and economic policies. In this edition of Summary Zoom, we will analyze and summarize the ideas put forth in Brazillionaires, a book that truly exposes the dark side of Brazil's rise and arguably its inexorable fall. Enjoy!
- Author : Summary Shorts
- Publisher : Createspace Independent Publishing Platform
- Release Date : 2017-09-16
- Genre : Uncategorized
- Pages : 26
- ISBN : 1976481198
When we think of Brazil, we think of beautiful beaches and beautiful people. It is a tapestry of people from different backgrounds all just having fun. However, this is far from the truth of what is going on Brazil. Despite Brazil being part of the BRIC nations; those with the most potential for growth in the global economy; Brazil is considered economically backwards in many ways. You get an idea of this when you look deeper into its politics and economic policies. In this edition of Summary Shorts, we will analyze and summarize the ideas put forth in Brazillionaires, a book that truly exposes the dark side of Brazil's rise and arguably its inexorable fall. Enjoy!
Billions of dollars stolen from citizens are circling the globe, enriching powerful individuals, altering political outcomes, and disadvantaging everyday people. News headlines provide glimpses of how this corruption works and why it matters: President Trump's businesses struck deals with oligarchs and sold property to secretive shell companies; the Panama Papers leak triggered investigations in 79 countries; and, corruption scandals toppled heads of state in Brazil, South Africa, and South Korea. But how do these pieces fit together? And if the corruption is so vast and so tied up with powerful interests, how do we begin to fight back? To find answers, Crude Intentions examines the corruption crisis that erupted during the recent oil boom. From 2008 to 2014, oil prices shot through the roof. Motivated by more than nine trillion dollars in new oil money, corruption followed apace. Examining the oil boom is like placing a drop of dye in the circulatory system of global corruption, and watching as it reveals the system's channels and pathways. Company bosses signed off on risky schemes to snap up choice oil blocks. Politicians in Brazil and Nigeria stole billions to build up their election war chests. Kleptocrats in Angola, Azerbaijan, and Russia seized upon the oil wealth to cement their hold on power. And an army of bankers, accountants, and lawyers lined up to help these corrupt actors stash their loot in the global system of shell companies and tax havens that serves today's super-rich. The money then bought yachts, mansions, and even a few foreign politicians. Drawing on information exposed by intrepid journalists, prosecutors, and whistle blowers, Crude Intentions tells jaw-dropping stories of corruption and asks what we can learn from them. The cases reveal common tactics, but also vulnerabilities in this web of fraud. These are the starting points for building a smarter fight against corruption, in the oil sector and well beyond.
When you’re this smokin’, winning is a shore thing. . . . Jersey’s sexiest guidettes are back for another scandalous summer at the Shore, and this time, Giovanna “Gia” Spumanti and Isabella “Bella” Rizzoli are raising the stakes to find thrills and hot gorillas—unemployment, douchebag exes, family drama, and dingy apartment be damned! But when the girls unknowingly cross an overprotective mafiosa mama, all bets are off. Booted from Seaside Heights for good, the spunky, sequined meatball and her sensitive, quiet cousin are forced to flee to Atlantic City. Their escort out of hell is Fredo, a weird and scrawny but hooked-up club manager from a prominent family, whose master plan is to pimp out Gia’s psychic gifts at the roulette tables. Suddenly, it’s raining benjamins for the coiffed and tanned threesome. Top-shelf tequila and seafood dinners are not all they’re scoring. Bella snags a pale but talented boardwalk artist, Gia hooks up with a high-stakes poker hottie, and with Gia’s coaching, Fredo just might have a chance at becoming a certified juicehead. Or, at least, a gorilla-in-training. But when the casino suspects cheating, the trio is hounded by haters and tricksters determined to sabotage their endless summer. With hearts and loot on the line, losing is not a chance the crew can take. This time, the house isn’t going to win. . . .
An in-depth look at Brazilian culture in the series that collects the best new writing, photography, art, and reportage from around the world. In the second half of the twentieth century Brazil made extraordinary contributions to music, sport, architecture. From bossa nova to acrobatic soccer to the daring architecture of Oscar Niemeyer and Lúcio Costa, the country seemed to embody a new, original vision of modernity, at once fluid, agile, and complex. Seen from abroad, the victory of the far right in the 2018 elections was a rude awakening that suddenly turned the Brazilian dream into a nightmare. For locals, however, illusions had started fading long ago, amid paralyzing corruption, environmental degradation, racial discrimination, and escalating violence. Luckily Brazilians have not lost their desire to fight, minorities are still determined to assert their rights, and, now that the glorious past is dead and buried, a desire to rebuild for the future is emerging. Today the challenge of telling the story of this extraordinary country consists in finding its enduring vitality amid the apparent melancholy. “The Passenger readers will find none of the typical travel guide sections on where to eat or what sights to see. Consider the books, rather, more like a literary vacation.” —Publishers Weekly “Much more than a travel guide, The Passenger is indispensable for any reader who is curious about the world.” —Il Venerdì In this volume: Order and Progress? by Jon Lee Anderson Funk, Pride and Prejudice by Alberto Riva On the River, I Was King by Eliane Brum Also: the road that dissects the Amazon; the TV tycoon who shaped Brazilian history; the neo-Pentecostal community that is winning the hearts (and wallets) of Brazilians; politicized samba dancers, idealist gangsters, and much more . . .
The 2007-08 financial crisis surprised many economists and the public. But how did the crisis come about, why was it so deep, and why has the clean-up been so slow and painful? Many accounts of the crisis focus on renegade activity in marginal financial sectors. Shadow Networks challenges this pervading view and sets out to demonstrate that, far from a dissident branch, the shadow finance that initiated the crisis is tightly networked with, and highly profitable for, bank-based finance. The collapse was not an accident, but baked into the system of finance from the start. Shadow Networks traces the complex web of power that caused crisis and gives vivid descriptions of the actors in the quarter century leading up to 2007 to explain how the now decade-long crisis took shape. Shadow Networks: Financial Disorder and the System that Caused Crisis is a probing examination of the roles of the powerful elite. It traces the networks and institutions that support a finance-focused, market centered model of economy and society from their ascendancy to their surprising resilience in the face of manifest failures.
Rainforests are the lungs of our planet - regulators of the earth's temperature and weather. They are also home to 50 per cent of the world's animals and plants - which for centuries have been the source of many of our key medicines. And yet we've all heard of their systematic destruction; the raising of trees to make way for plantations of oil palms or cattle, the disenfranchisement of indigenous peoples, and the corruption that leads to illegal logging and pollution. But this is the full story you've never heard: an in depth, wide-ranging, first-hand narrative that not only looks at the state of the world's tropical rainforests today and the implications arising from their continuing decline, but also at what is being done, and can be done in future, to protect the forests and the 1.6 billion people that depend upon them. It is inspirational, too, in its descriptions of the rainforest's remarkable birds and plants ... and its indigenous people. Rainforest is a personal story, drawing on the author's many years' experience at the frontline of the fight to save the rainforests, explaining the science and history of the campaigns, and what it has felt like to be there, amid the conflicts and dilemmas.
How could a small Belgian brewer become the world's largest brewing group within two decades? Interbrew's transformation into InBev and then into Anheuser-Busch InBev (AB-InBev) is emblematic of the race for unchallenged market domination between the world's four biggest brewing companies. The Beer Monopoly explores how this happened and examines the economic drivers behind globalisation. AB-InBev's takeover of SABMiller - the world's number one and two brewers respectively - closes an amazig epoch in beer history. This book charts the fascinating rise of these two brewing ginants as they showed that dealmaking provided a faster path to profit growth than any sales hike could ever accomplish. The importance of deals - those made and those missed - is also visible in the track record of Heineken and Carlsberg, the brewers on the next two rungs of the global ladder. While all of these brewers pursued the goal of building empires, each had different reasons and faced a viriety of obstacles along the way. Sharing a keen interest in the brewing industry - not to mention a passion beer - two economists, Ina Verstl and Ernst Faltermeier, have provided a timely out-of-the-box analysis of globalisation.
Brazilian music has been central to Brazil's national brand in the U.S. and U.K. since the early 1960s. From bossa nova in 1960s jazz and film, through the 1970s fusion and funk scenes, the world music boom of the late 1980s and the bossa nova remix revival at the turn of the millennium, and on to Brazilian musical distribution and branding in the streaming music era, Bossa Mundo: Brazilian Music in Transnational Media Industries focuses on watershed moments of musical breakthrough, exploring what the music may have represented in a particular historical moment alongside its deeper cultural impact. Through a discussion of the political meaning of mass-mediated music, author K. E. Goldschmitt argues for a shift in scholarly focus--from viewing music as simply a representation of Otherness to taking into account the broader media environment where listeners and intermediaries often have conflicting priorities. Goldschmitt demonstrates that the mediation of Brazilian music in an increasingly crowded transnational marketplace has lasting consequences for the creative output celebrated by Brazil. Like other culturally rich countries in Latin America--such as Cuba, Mexico, and Argentina--Brazil has captured the imagination of people in many parts of the world through its music, driving tourism and international financial investment, while increasing the country's prominence on the world stage Nevertheless, stereotypes of Brazilian music persist, especially those that valorize racial difference. Featuring interviews with key figures in the transnational circulation of Brazilian music, and in-depth discussions of well-known Brazilian musicians alongside artists who redefine what it means to be a Brazilian musician in the twenty-first century, Bossa Mundo shows the pernicious effects of branding racial diversity on musicians and audiences alike.
- Author : Donald C. Wood
- Publisher : Emerald Group Publishing
- Release Date : 2020-06-09
- Genre : Social Science
- Pages : 264
- ISBN : 9781839096587
This volume explores current issues in national and international policy, business and capitalism and economic theory and behavior specifically pertaining to Brazil. The underlying theme running through the collection is the steady encroachment of neoliberalism into economic policy and practice, and the impact this has had on everyday ways of life.
Goose Island opened as a family-owned Chicago brewpub in the late 1980s, and it soon became one of the most inventive breweries in the world. In the golden age of light, bland and cheap beers, John Hall and his son Greg brought European flavors to America. With distribution in two dozen states, two brewpubs and status as one of the 20 biggest breweries in the United States, Goose Island became an American success story and was a champion of craft beer. Then, on March 28, 2011, the Halls sold the brewery to Anheuser-Busch InBev, maker of Budweiser, the least craft-like beer imaginable. The sale forced the industry to reckon with craft beer's mainstream appeal and a popularity few envisioned. Josh Noel broke the news of the sale in the Chicago Tribune, and he covered the resulting backlash from Chicagoans and beer fanatics across the country as the discussion escalated into an intellectual craft beer war. Anheuser-Busch has since bought nine other craft breweries, and from among the outcry rises a question that Noel addresses through personal anecdotes from industry leaders: how should a brewery grow?
Alternative Criminologies celebrates a kaleidoscopic process of permanent critique and a diversity of social and scientific knowledges. It examines complex and global crime issues in light of the many alternative scientific, artistic, empathetic, campaigning and otherwise imaginative criminologies that attempt to understand and/or fundamentally change why crime and justice take the forms they do. From cutting edge topics such as crimes against humanity, the criminology of mobility, terrorism, cybercrime, corporate crime and green criminology; to gendered perspectives on violence against women, sexualities and feminist and queer criminologies; to key issues in penology such as mass incarceration, the death penalty, desistance from crime, risk and the political economy of punishment; Alternative Criminologies demonstrates the breadth, the variety and the vibrancy of contemporary perspectives on crime, criminalization and punishment. Bringing together 34 leading experts from around the world, this international collection unites fresh and insightful theoretical positions with innovative empirical research and marks an important juncture for criminologies and their imagined futures. Alternative Criminologies is essential reading for students of crime and criminal justice.
Like a giant oil tanker, the world is slowly turning. The rapid growth of economies in Asia and the global South has led to a momentous shift in the world order, leaving much of the traditional literature on globalization behind. Multipolar Globalization: Emerging Economies and Development is the perfect guide to these ongoing 21st-century transformations, combining engaging and wide-ranging coverage with cutting-edge analysis. The rise of China and other emerging economies has led to the emergence of a new geography of trade, new economic and political combinations, new financial actors, investors and donors, and weaker American hegemony. This interdisciplinary volume combines development studies, global political economy, sociology, and cultural studies to ask what this growth means for domestic and global inequality and examines the role of multipolarity in the reshaping of globalization. Renowned globalization scholar Jan Nederveen Pieterse deftly guides the reader through the development of globalization in the West and the East, explaining key topics such as the 2008 crash, trends in inequality, the changing fortunes of the BRICs, and the role of governance and democracy. Accessible and insightful, this book will be an essential guide for both students in the social sciences and for professionals and scholars seeking a fresh perspective.
Is civilization teetering on the edge of a cliff? Or are we just climbing higher than ever? Most people who read the news would tell you that 2017 is one of the worst years in recent memory. We're facing a series of deeply troubling, even existential problems: fascism, terrorism, environmental collapse, racial and economic inequality, and more. Yet this narrative misses something important: by almost every meaningful measure, the modern world is better than it ever has been. In the United States, disease, crime, discrimination, and most forms of pollution are in long-term decline, while longevity and education keep rising and economic indicators are better than in any past generation. Worldwide, malnutrition and extreme poverty are at historic lows, and the risk of dying by war or violence is the lowest in human history. It's not a coincidence that we're confused -- our perspectives on the world are blurred by the rise of social media, the machinations of politicians, and our own biases. Meanwhile, political reforms like the Clean Air Act and technological innovations like the hybridization of wheat have saved huge numbers of lives. In that optimistic spirit, Easterbrook offers specific policy reforms to address climate change, inequality, and other problems, and reminds us that there is real hope in conquering such challenges. In an age of discord and fear-mongering, It's Better Than It Looks will profoundly change your perspective on who we are, where we're headed, and what we're capable of.
Open Journey Back To Watooka and take a reading leap out of your ordinary world into one that is truly unique, remarkable and mesmerizing ... that of Guyana. Locate it and master your mind to the magniffcent wonders of rainforest ora, fauna and flying things. Follow the Demerara ‘river of wonder’ upstream to the pulsating heart of bauxite country ... to Linden ...and to Watooka. Understand more about Guyana’s precious bauxite resource, about its history and of how the country, working with Canada, had helped to win WWII by producing aluminium to construct almost 40% of Allied war planes. Learn about the history and colourful culture of the only English speaking country in South America and the only country in the Caribbean that is not an island. Discover its rich past before, during and a er slavery. Enjoy seemingly endless stories of amazing people of six races entwined with history and achievement, not only in the country but also around the world. Counting explorers, slaves, quoted notables, common folks, politicians, government and business VIPs, engineers, academics, clergy, authors/poets, Amerindians, social workers and others, over 800 names are given mention. Enjoy this reading journey ... this ’story of stories’ written by a master story teller. And, learn about the promising future for this third world country about to cross forth into a first world future.
In China, credit is booming, so is subprime credit. Instead of disrupting the banks, fintech is energizing the subprime credit sector while helping the banks. It is a chaotic scene, causing headaches to the government and much harm to investors and borrowers alike. The regulatory stance is full of intrigue. But things are not all negative. If fintech can enable all subprime borrowers to access credit cheaply, safely, and cost-effectively, all the chaos and trouble will have been worthwhile. For decades, China’s subprime sector has been the plumber for the banks. Fintech is now adding some sharp tools. If the two can work together well, the banks will be much safer, and more profitable. This book explains how the major players are doing it, and why there are risks and rewards for us all. TABLE OF CONTENTS Disclaimer By the Same Author Introduction Chapter 1 “Fraudsters Are the Biggest Winners!” Chapter 2 Subprime Financing in the U.S. vs China Chapter 3 Horror Stories Chapter 4 Data, Data Everywhere. Which Is Useful? Chapter 5 Rotten Apples Everywhere Chapter 6 Common Joe Plays the Online Credit Market Chapter 7 Two Leaders: 51 Credit and Feidai (CredEx) Chapter 8 Qudian and Other Winners Will Not Take All Chapter 9 Why Is Every Chinese Company Dabbling in Finance? Chapter 10 Tackling the Used Car Finance Market Chapter 11 Home Equity Loans for New Urbanites Chapter 12 Too Many Limited-License Banks? Chapter 13 The Tidal Waves of Subprime Credit Chapter 14 Cleaning Up the Mess Chapter 15 Valuations, and Not-So-Cynical Conclusions Afterword Appendix Select Bibliography Acknowledgments
Brazil changed drastically in the 21st century’s second decade. In 2010, the country’s outgoing president Lula left office with almost 90% approval. As the presidency passed to his Workers' Party successor, Dilma Rousseff, many across the world hailed Brazil as a model of progressive governance in the Global South. Yet, by 2019, those progressive gains were being dismantled as the far right-wing politician Jair Bolsonaro assumed the presidency of a bitterly divided country. Digging beneath this pendulum swing of policy and politics, and drawing on rich ethnographic portraits, Precarious Democracy shows how these transformations were made and experienced by Brazilians far from the halls of power. Bringing together powerful and intimate stories and portraits from Brazil's megacities to rural Amazonia, this volume demonstrates the necessity of ethnography for understanding social and political change, and provides crucial insights on one of the most epochal periods of change in Brazilian history.