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Former Brazilian President ‘Lula’ Talks Brazilian Economic Turn Around, Foreign Policy Focus on Africa

Brazil is fast becoming a symbol of the new global economy. With a GDP of $2,500bn, it is already the world’s sixth largest economy, and by some estimates, will overtake France by the end of 2012. Its ascent has been swift. Between 2003 and 2010, the economy more than quadrupled in size. Social progress has [...]

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Brazil Paying Back Its Debt To Africa

Africa – Brazil pledged major investment and technology transfer to Africa to repay a “solidarity debt” from a country with a huge black population to the poorest but resource-rich continent. “Brazil must begin to repay the solidarity debt we have with Africa,” former president Luiz Inacio Lula da Silva said on Thursday, in his first [...]