Brasília - Presidente do Instituto de Pesquisa Econômica Aplicada (Ipea), Márcio Pochmann.

10% of the richest people in Brazil have 75% of the wealth

The Instituto de Pesquisa Econômica Aplicada (IPEA) of the Brazilian Government in a recent study stated that in São Paulo the wealthest 10% had 73.4% of while in Rio they retained 62.9% and Salvador 67%.

Near the end of the 1800s, the richest 10% in Rio had 68% of the wealth. Not much progress.

IPEA attributes the primary cause for the poor wealth distribution to an outdated tax system that taxes the least wealthy up to 44% more than the most affluent.

So despite Brazil’s booming economy, there is still much to be done to improve the lot of the less fortunate.

LINKS:

> Instituto de Pesquisa Econômica Aplicada - (p)

“Brazil, the country of the future and always will be”

I have heard this said a thousand times in the 20+ years I have lived here, but now I’m hearing “The future is here.” It seems that pretty much everything has come together. Brazil has always been a big V8 that never ran well. Government after government would try to tweak the V8 to get it running on all 8, but it just never happened. Maybe now they have gotten it right and we will be humming along for years with economic “order and progress”.

LINKS:

> The Guardian: The country of the future has finally arrived. click here

The idea place to look for work in Brazil is with your company. If they do not have any business operations in Brazil, you have lost your best chance. You can apply directly to companies that have operations in Brazil, but few companies will hire an unknown just because THEY want to go to Brazil. However, if you have special skills, which a company is looking for, you might get lucky.

I met an American computer programmer in Rio who was working for an American oil company. He was free a lancer. As I recall he was hired on a six-month contract, whose schedule was three weeks on (Rio), one week off (Stateside). All travel paid by the company as well as accommodations and meals in Rio. They put him up in the Cesar Park in Ipanema. A driver picked him up every morning to take him to the office downtown. He returned to the hotel on his own as he worked late into the night. Although he had Sundays off, he usually went in to the office. I asked what he had seen of Rio and his answer was “nada”. He laughed saying he would have to go back to the States and surf the Internet to find out what he HADN’T seen in Rio.

Assuming you have gone through the other Working in Brazil entries, it is time to take a look at what the job market is offering. Check the links below. If you find a good site for jobs in Brazil, please send in comments section.

LINKS:

> LatPro - bilingua job site

> Monster Brasil

> Michael Page Recruitment (added 15 May 0

> ExpatNetworks

> International Service - NGOS - UK

> Engineering jobs worldwide

> Engineering jobs - Oil & Gas

There is a new site in English about São Paulo. This is long over due since São Paulo is the most important city in Brazil and they haven’t had a site that equals the importance of the city. There are good São Paulo sites in Portuguese, but very few in English.

****

There is an Aussie/Kiwi couple living in São Paulo who have a good blog….. Greg and Cath’s Adventures. It’s been added to the Blog Roll

LINKS:

> http://www.cityofsaopaulo.com

> New York Times: 36 hrs in São Paulo

> Greg and Cath’s Adventures

**** Bovespa (stock market) 10 years ****

**** US$ vs Brazilian Real ****

Warren Buffet:

“If you had told me 10 years ago I would buy the Brazilian real, you would — I would have thought you were crazy.”

LINKS:

> Reuters Finance - Bovespa

> MSN Finance - Real

> Warren Buffet Inverview

]]> http://expatbrazil.wordpress.com/2008/05/05/econ-stuff-bovespa-and-brazilian-real-last-10-years/feed/ ExpatBrazil Bovespa 10 year chart Chart http://expatbrazil.wordpress.com/2008/04/25/living-in-brazil-rio-summering-in-connecticut-wintering-in-rio/ http://expatbrazil.wordpress.com/2008/04/25/living-in-brazil-rio-summering-in-connecticut-wintering-in-rio/#comments Fri, 25 Apr 2008 12:01:23 +0000 expatbrazil http://expatbrazil.wordpress.com/?p=304

This article in the New York Times is what many people dream off when the discussion turns to living the good life in Rio. Well, for most of us, we can just keep on dreaming. Read the article and see why.

> Summering in Connecticut, Wintering in Rio

TAME Airlines of Ecuador will begin service from Guayaquil to Manaus twice weekly with connections via TAM to Rio, São Paulo, Salvador and Brasilia on 14 April 2008.

This will be TAME’S second international destination the other being Cali, Columbia.

LINKS:

> TAME Ecuadorian Airlines

> TAM Brazilian Airlines

Last night (22 April - Tuesday, 9:00 p.m. local time) an earthquake hit off the coast of São Paulo State. 5.2 on the Richter scale, which is kind of small time as earthquakes go, but for Brazil, this is an “attention getting”. It was felt in Rio, Santa Catarina and Paraná States. Some in São Paulo City even fed their apartments and stayed out on the streets.

This is unusual for Brazil. The strongest earthquake in Brazil occured in 1955 (6.2 on the Richter scale), the region of Portos Gaúchos, an isolate area in the State of Mato Grosso.

Prof. George Sand de França, of the Observatório Sismológico da UnB - Universidade de Brasília, says these events happen about every 10 years.

LINKS:

> UCGS Earthquake Center

> Earthquakes in Brazil?

I ran on to this site and thought it might be of interest to others. It appears to have just been set up last month (Mar 08). It is an interesting concept.

You can read more about it at BBC.

LINKS:

> WikiCrimes Brazil

> BBC

Karl, who lives way up North in Teresina, was in Rio recently and has a some great blog entries with tips and suggestions about what to do and see.

Take a look—>: click here