Watch it all–my favorite moment is when the miner falls to his knees as soon as he emerges and the whole crowd goes silent as he prays–KSH.

This is a story about how an economist and his buddies tricked the people of Brazil into saving the country from rampant inflation. They had a crazy, unlikely plan, and it worked.

Twenty years ago, Brazil’s inflation rate hit 80 percent per month. At that rate, if eggs cost $1 one day, they’ll cost $2 a month later. If it keeps up for a year, they’ll cost $1,000.

In practice, this meant stores had to change their prices every day. The guy in the grocery store would walk the aisles putting new price stickers on the food. Shoppers would run ahead of him, so they could buy their food at the previous day’s price….

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China is pouring another $7bn (£4.4bn) into Brazil’s oil industry, reigniting fears of a global “land grab” of natural resources.

State-owned Sinopec clinched the deal with Spain’s Repsol yesterday to buy 40 per cent of its Brazilian business, giving China’s largest oil company access to Repsol Brasil’s estimated reserves of 1.2 billion barrels of oil and gas. The whopping price tag for Repsol Brasil ”“ which values the company at nearly twice previous estimates ”“ is a sign of China’s willingness to pay whatever it takes to lock in its future energy supplies and avoid social unrest. It will give the company enough cash to develop all its current oil projects, including two fields in the Santos Basin.

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Ecuador declared a state of emergency on Thursday as protests by police and some members of the military led to nationwide unrest, accusations of a coup d’état, and the dramatic rescue by army troops of the country’s president, who was holed up in a hospital after being tear-gassed by police.

The troubles tilted dangerously when police protesting cuts to their benefits surrounded a hospital where President Rafael Correa was being treated after inhaling tear gas during an earlier visit to a police barracks, where Mr. Correa was apparently verbally and physically threatened by angry police.

The showdown came to a dramatic climax as night fell, with soldiers clashing with police and storming the hospital. Minutes later, amid a barrage of gunfire broadcast live on Ecuadorean television, the army emerged with Mr. Correa safe and sound.

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The Falklands war was in full swing and John Paul II was in London as the first pope ever to set foot on English soil.

Even as he snubbed Margaret Thatcher and prayed for peace in implicit criticism of Britain ”” whose troops were battling Catholic Argentines ”” the pontiff received a rapturous welcome and was described in glowing terms by the Archbishop of Canterbury.

His successor, Benedict XVI, can expect a far cooler ”” if not at times downright hostile ”” reception in his upcoming state visit.

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Argentina has become the first country in Latin America to legalise gay marriage after the Senate voted in favour.

The country’s Chamber of Deputies had already approved the legislation.

The vote in the Senate, which backed the bill by just six votes, came after 14 hours of at times heated debate.

The law, which also allows same-sex couples to adopt, had met with fierce opposition from the Catholic Church and other religious groups.

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Two goals by Carlos Tevez – one hugely-controversial and the other a wonderful strike – sent Argentina through to the World Cup quarter-finals with a 3-1 victory over Mexico.

The offside rule states there should be two players between the striker and the goal – there was not even one when Lionel Messi’s ball found Tevez’s head, and then the net to put Diego Maradona’s side in front.

Mexico went into meltdown and a defensive howler by Ricardo Osorio allowed Gonzalo Higuain to make it 2-0. It was Tevez who sewed the match up in brilliant fashion – and legitimately this time – early in the second half with Mexico left only to savour a stunning reply by Manchester United’s new signing Javier Hernandez.

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A decision by the Anglican mission society the USPG to end its funding to Latin America and the Caribbean has been criticised by bishops in the region….

When the changes were first mooted in March, the Primate of Brazil, the Most Revd Mauricio Andrade, and ten other Brazilian bishops wrote to the society’s trustees to express “surprise and disappointment”.

They had not been consulted, they said, and it was “unjustifiable” to “completely eliminate an entire con­tinent from your sphere of mission”. This demonstrated a “lack of con­cern for Latin America and the Carib­­bean within the Anglican Com­munion”, and smacked of “colonial favouritism”. The cuts would force them to “abandon” projects. They called for period of transition.

The Bishop of Peru, the Rt Revd Bill Godfrey, described the decision to “cut off this whole part of the world as extraordinary and regret­table”. He said that he had “been on USPG’s books for 25 years”. While he acknowledged that the USPG had to balance its books, he said: “I find it hard to believe the only answer is to withdraw funding. There have always been good times and more difficult times financially, but we pass through them.”

He, too, spoke of a lack of con­sultation….

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In an earlier post, I wrote about the emergence of Turkey and Brazil on the world stage. Since then, the ”˜terrible twins’ voted against the Security Council’s latest set of (almost certainly ineffective) sanctions against Iran. The Obama administration had worked hard to get both countries on board; their rebuff dramatized the limits of President Obama’s clout ”” but their isolation on the Security Council (the sanctions carried 12-2-1, with only intimidated Lebanon abstaining) dramatically illustrated something else: the impotence of the terrible twins. Brazilian President Lula and Turkish Prime Minister Erdogan spoke out, but nobody listened.

Brazil and Turkey are learning something that more experienced world players already know: it is easier to make a splash than to make a change, easier to grab a headline than to set an agenda. Both countries can expect a rocky ride for some time; the democratic forces propelling new parties and new movements to the fore reflect domestic constituencies, domestic ideas and, in some cases, domestic fantasies about how the world works. Developing viable foreign policies that take those interests and values into account, but also respond to the realities and necessities of the international system will take time and take thought. At this point, it seems clear that neither the Brazilian nor the Turkish administrations have mastered the challenge.

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The Rev. Fernando Karadima is one of Chile’s most respected and influential priests. Some go so far as to call him a “living saint,” who for half a century trained dozens of priests and helped mold thousands of young Catholics from Santiago’s elite.

Now four men who were once devoted followers have filed a criminal complaint alleging that Father Karadima, now 80, sexually abused them in secret for years.

One man said he had reported the abuse to Father Karadima’s superiors in the archdiocese of Santiago as many as seven years ago, but they took no action. All four men filed formal complaints last year with the archdiocesan tribunal and, receiving no response, spoke publicly for the first time this week.

But the allegations have been largely met not with anger at Father Karadima but with outrage at the accusers by many of his parishioners, a prominent conservative politician and church officials. They say a man so respected over so much time could not possibly have abused his followers, though as the news broke this week, a cardinal here confirmed that the church has been secretly investigating claims of sexual abuse leveled against the priest.

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Anglican parish communities in Chile, hit by a serious earthquake ”” the fifth-largest on record ”” that devastated the city of Concepción last Saturday, are sheltering together in tents for safety and to share food and water, says their Bishop, the Rt Revd Héctor Zavala.

Bishop Zavala was expected to arrive in Concepción on Wednesday after travelling for at least ten hours across broken roads. On Tuesday, he asked his colleague Ricardo Tucas to send the following report:

“[The Bishop] is now travelling to the devastated region of Con­cepción, which holds three of his urban churches, and was near three other rural congregations in the High Mountains of Bio-Bio. Four days following the massive earth­quake in Chile, many towns are still completely isolated . . .

“Andy Bowman, until recently a USPG Mission Companion in Concepción, said: ”˜From the com­munications we have had with people in Santiago in the north, the situation in Concepción seems desperate. Half a million people in Concepción are isolated, without water, electricity, shelter, and food. Shops have been looted and civil unrest appears to be widespread. Seven thousand Chilean troops have been sent to the area to maintain order.

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Chile’s reconstruction will take “three to four years” as the country recovers from the earthquake that killed some 800 people, its president has said.

“There are rural areas where everything has tumbled to the ground… infrastructure has been destroyed,” Michelle Bachelet told Chilean radio.

It would take foreign aid and most of the mandate of President-elect Sebastian Pinera to rebuild, she added.

Three days of national mourning have been declared, to begin on Sunday.

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What was she thinking? By taking a last-minute detour, on her five-day trip to Latin America, to visit President Fernández de Kirchner in Buenos Aires, Hillary Clinton has ”” recklessly ”” given the appearance of throwing America’s weight behind Argentina in its row with Britain over sovereignty of the Falkland Islands…

Intruding in the dispute was lamentable enough. But in further offering to mediate between Buenos Aires and London, the US Secretary of State is implying that there may be some fruitful area of grey between their rival black-and-white claims. By suggesting so boldly that there may be room for negotiation when Britain has insisted that there is none, Mrs Clinton gives the impression that Argentina has America’s tacit support in the dispute.

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People of faith have responded to such disasters in two ways. First they, like Darwin, have attempted to try and understand how such a world can be created by a loving God. While some at the fringes of the church have proclaimed the horror caused by earthquakes and hurricanes as the judgement of God, most Christians see something in the view that the creativity inherent in the world also brings with it risk. So the fault lines which cause devastating earthquakes have also been of immense benefit by providing minerals, oil, and good soil for agriculture. In fact, the 19th century evangelical and friend of Darwin, Asa Gray, argued that evolution’s waste and suffering were necessary for more complex forms of life to emerge in creation.

However, such insights can sound very trite to the person who has lost a loved one or been made homeless. In addition, they don’t provide a full explanation to the extent of suffering, a point which struck Darwin strongly.

It’s here that there has been a second response. Seeing in Jesus, both a God who gives genuine freedom to the Universe and a God of compassion in the face of need, churches have been motivated to be at the forefront of help to those affected by earthquakes despite the unanswered questions of suffering.

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Chile is on a hotspot of sorts for earthquake activity. And so the 8.8-magnitude temblor that shook the region overnight was not a surprise, historically speaking. Nor was it outside the realm of normal, scientists say, even though it comes on the heels of other major earthquakes.

One scientist, however, says that relative to the time period from the mid-1970s to the mid-1990s, Earth has been more active over the past 15 years or so.

The Chilean earthquake, and the tsunami it spawned, originated on a hot spot known as a subduction zone, where one plate of Earth’s crust dives under another. It’s part of the active “Ring of Fire,” a zone of major crustal plate clashes that surround the Pacific Ocean.

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The earthquake struck at 3:34 a.m. and reports of damage continued to come in all day. The force of the earthquake was enough to jolt the 94-year-old mother of the Rev. Oscar Carrasco, a district superintendent in the United Methodist Northern Illinois Conference, from her bed in Curacautín.

Joyce Carrasco, Oscar’s wife, reported that they had heard his mother was OK, but that his sister’s house next door was heavily damaged. Her mother-in-law is keeping the family focused in prayer and she feels the family is blessed to be able to be together and prepare a meal. “Thank goodness for fire wood while Curacautín is isolated. ”¦ bridges are out. There is a tense calm,” Carrasco said. “Still waiting to hear more news.”

A United Methodist volunteer-in-mission group from Wisconsin was thought to be in Chile when the earthquake occurred.

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(ELCA News) Earthquake damage is said to be extensive in Santiago and Concepcion following the Feb. 27 severe earthquake in central Chile, according to Karen Anderson of the Evangelical Lutheran Church in America (ELCA) Global Mission staff in Santiago.
The Feb. 27 earthquake measured 8.8 on the Richter scale. The Chilean government has reported at least 147 deaths in all of the country. A tsunami warning was issued for the entire Pacific basin as a result of the earthquake, including Hawaii and U.S. territories such as Guam and American Samoa.
According to news reports in Chile, the earthquake damaged 1.5 million homes, 500,000 “very seriously,” Anderson wrote in an e-mail to the ELCA News Service. Phone service was not available.
“Many homes, especially in older parts of Santiago, were destroyed,” she wrote. The international airport there suffered “major damage” and is closed, Anderson wrote.

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A tremor with a magnitude of 8.8 devastated large parts of southern Chile and sent huge waves racing at up to 400 miles an hour across the Pacific. Isolated ocean islands were reported to have suffered severe wave damage, and tsunami warnings were issued across a vast area stretching from Russia and Japan through to the Philippines and New Zealand.

In the Chilean capital, Santiago, some five million woke up to “hell” as the earthquake, which struck in the small hours of Saturday morning, collapsed tower blocks and bridges and swallowed cars as it ripped cracks in the roads. Rescue teams worked throughout the day to dig out people buried alive in the rubble.

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Bougainvillea shade the pathways at the Cementerio General del Sur, where the mausoleums of statesmen and movie stars stand next to the graves of aristocrats and thousands of commoners. Sculpted lions gaze down from sepulchers. Elegance, not anarchy, once defined this resting place.

No longer.

Now, crypts for once-feared military rulers have been ransacked. Coffins, twisted open with crowbars, lie strewn under samán trees. Cages with padlocked gates surround the burial sites of some families, as if that might protect them from a disturbing reality: not even Caracas’s city of the dead is safe.

Accompanying Venezuela’s soaring levels of murders and kidnappings, its cemeteries are the setting for a new kind of crime wave. Grave robbers are looting them for human bones, answering demand from some practitioners of a fast-growing transplanted Cuban religion called Palo that uses the bones in its ceremonies.

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When the U.S. government imagines the global future, the term BRIC features prominently. The concept was created in 2001 when researchers at Goldman Sachs identified four critical emerging powers””Brazil, Russia, India and China. By 2050, claimed these experts, the BRIC powers would be challenging the U.S. for worldwide economic supremacy. U.S. officials have taken this forecast very seriously. Hillary Clinton recently listed these four “major and emerging global powers” as vital partners in any future attempts to solve the world’s problems.

The BRIC theory has political, strategic and military implications, but it also raises intriguing questions about the world’s religious future. The BRICs will be the scene of intense debates about faith and practice””about coexistence and rivalry between different faiths; about the proper relationship between religion and state power; and, conceivably, about the use of religious rhetoric to justify an imperial expansion.

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There are new problems on the horizon, just beyond those oil platforms offshore. The real has gained almost 50% against the dollar since early December. That boosts Brazilians’ living standards by making imports cheaper. But it makes life hard for exporters. The government last month imposed a tax on short-term capital inflows. But that is unlikely to stop the currency’s appreciation, especially once the oil starts pumping.

Lula’s instinctive response to this dilemma is industrial policy. The government will require oil-industry supplies””from pipes to ships””to be produced locally. It is bossing Vale into building a big new steelworks. It is true that public policy helped to create Brazil’s industrial base. But privatisation and openness whipped this into shape. Meanwhile, the government is doing nothing to dismantle many of the obstacles to doing business””notably the baroque rules on everything from paying taxes to employing people. Dilma Rousseff, Lula’s candidate in next October’s presidential election, insists that no reform of the archaic labour law is needed (see article).

And perhaps that is the biggest danger facing Brazil: hubris. Lula is right to say that his country deserves respect, just as he deserves much of the adulation he enjoys. But he has also been a lucky president, reaping the rewards of the commodity boom and operating from the solid platform for growth erected by his predecessor, Fernando Henrique Cardoso. Maintaining Brazil’s improved performance in a world suffering harder times means that Lula’s successor will have to tackle some of the problems that he has felt able to ignore. So the outcome of the election may determine the speed with which Brazil advances in the post-Lula era. Nevertheless, the country’s course seems to be set. Its take-off is all the more admirable because it has been achieved through reform and democratic consensus-building. If only China could say the same.

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Iran is helping to detect uranium deposits in Venezuela and initial evaluations suggest reserves are significant, President Hugo Chavez’s government said Friday.

Mining Minister Rodolfo Sanz said Iran has been assisting Venezuela with geophysical survey flights and geochemical analysis of the deposits, and that evaluations “indicate the existence of uranium in western parts of the country and in Santa Elena de Uairen,” in southeastern Bolivar state.

“We could have important reserves of uranium,” Sanz told reporters upon arrival on Venezuela’s Margarita Island for a weekend Africa-South America summit. He added that efforts to certify the reserves could begin within the next three years.

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Last week the four leaders of the Bric countries (Brazil, Russia, India and China) formally met together in their first summit. I have been asked a number of questions about the event. First, did I really think this would ever happen? Second, would it have happened if I hadn’t created the acronym? Third, what real purpose did it serve, and fourth, where do I think the Bric path is heading?

I’ve also beeen asked a couple of supplementary questions: why these four countries and why not Indonesia, Turkey or indeed Iran? And do I think the global credit crisis has changed the picture from our prediction a number of years ago, that the combined GDP of the Bric economies could exceed that of the G7 countries before 2040?

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With public hugs and backslaps among its leaders, a new political bloc was formed yesterday to challenge the global dominance of the United States.

The first summit of heads of state of the BRIC countries ”” Brazil, Russia, India and China ”” ended with a declaration calling for a “multipolar world order”, diplomatic code for a rejection of America’s position as the sole global superpower.

President Medvedev of Russia went further in a statement with his fellow leaders after the summit, saying that the BRIC countries wanted to “create the conditions for a fairer world order”. He described the meeting with President Lula da Silva of Brazil, the Indian Prime Minister, Manmohan Singh, and the Chinese President, Hu Jintao, as “an historic event”.

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Fordlandia isn’t just the story of a plantation; it’s a story about Ford’s ego. As disaster after disaster struck, Ford continued to pour money into the project. Not one drop of latex from Fordlandia ever made it into a Ford car.

But the more it failed, the more Ford justified the project in idealistic terms. “It increasingly was justified as a work of civilization, or as a sociological experiment,” Grandin says. One newspaper article even reported that Ford’s intent wasn’t just to cultivate rubber, but to cultivate workers and human beings.

In the end, Ford’s utopia failed. Fordlandia’s residents, ever in hope their patriarch would someday visit their Midwestern industrial town in the middle of the jungle, gave up and left.

These days, Fordlandia is quite beautiful, Grandin says. The “American” town where the managers and administrators lived is abandoned and overgrown. Weeds grow over the American-style bungalows, and bats roost in the rafters, and little red fire hydrants sit covered in vines.

I cuaght this by podcast when runing this evening and found it absolutely fascinating–I had never heard anything about it before. Read or listen to it all.

Their stories kept him awake through much of the night. The expectant father in his 20s who was to be a witness at his brother’s wedding Saturday. The disbelieving teens who had come to Charles de Gaulle airport expecting to greet family members arriving from Brazil. The woman in her 60s who grabbed his hands, begging him to say there was still hope of finding her child.

“I had to tell them the truth, that in my opinion there was no hope,” said Guillaume Denoix de Saint Marc, weariness evident in his voice.

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Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president.

The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency.

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Members of the six Anglican Communion provinces in the Americas will gather February 22-27 in San José, Costa Rica, for the Conference of the Anglican Churches in the Americas in Mutual Responsibility and Mission.

The February meeting will allow participants to tell their colleagues about their mission and ministry along with training opportunities. In addition, conference participants will spend Ash Wednesday working at various ministry sites with Costa Rican Anglicans.

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The Yanomami leaders are wading into a politicized debate about how officials react to health care challenges faced by the Yanomami and other Amazonian tribes. In recent interviews here, government officials contended that the Yanomami could be exaggerating their claims to win more resources from the government and undercut its authority in the Amazon.

Meanwhile, the Yanomami claims come amid growing concern in Venezuela over indigenous health care after a scandal erupted in August over a tepid official response to a mystery disease that killed 38 Warao Indians in the country’s northeast.
“This government makes a big show of helping the Yanomami, but rhetoric is one thing and reality another,” said Ramón González, 49, a Yanomami leader from the village of Yajanamateli who traveled recently to Puerto Ayacucho, the capital of Amazonas State, to ask military officials and civilian doctors for improved health care.

“The truth is that Yanomami lives are still considered worthless,” said González, who was converted to Christianity by New Tribes Mission, a Florida group expelled in 2005. “The boats, the planes, the money, it’s all for the criollos, not for us,” he said, using a term for nonindigenous Venezuelans.

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Russia said on Thursday it was ready to consider helping Venezuela develop a peaceful nuclear energy program, a gesture that will displease Washington as two of its sharpest critics draw closer.

“We are all ready to look at the possibility of operating in the sphere of peaceful atomic energy,” Prime Minister Vladimir Putin said as he welcomed Venezuelan President Hugo Chavez for late-evening talks at his residence on the outskirts of Moscow.

Nuclear energy is a sensitive issue between the United States and Russia, which this week forced the scrapping of an international meeting to discuss sanctions against Iran over its atomic program.

Russia has stepped up cooperation with Venezuela, an arch-foe of Washington, since coming under strong U.S. condemnation for fighting a war against Georgia last month.

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