Daily Archives: January 5, 2011

Lula’s Legacy

Brazil’s charismatic (now ex) president Lula has been perceived as a great leader worldwide. Obama called him “the man” and Fidel Castro ” dear comrade”; in Brazil, after 8 years in power, his popularity rate was above 80%, demolishing the … Continue reading

Posted in Politics | Tagged , , , , , , , , | 3 Comments

European commission approves Shell – Cosan joint venture | Valor Online

SAO PAULO – The European Commission gave the green light for the creation of a joint venture between Anglo-Dutch Shell and Brazil’s Cosan focused on the production, distribution and sale of sugar, ethanol and related products, according to a statement issued on Tuesday. After examining the operation, the commission concluded that “the transaction will not significantly impedes effective competition in the European Economic Area or a substantial part of it. ” The agency noted that the activities of the joint venture will involve the … Continue reading

Posted in Business | Tagged , , , , | 1 Comment