Federative Republic Of Brazil Essay

1625 words - 7 pages

Federative Republic of Brazil
My article will be about the Federative Republic of Brazil. First I will give a brief introduction about the history of the country.
Brazil is the only Latin American nation that derives its language and culture from Portugal. The native inhabitants mostly consisted of the nomadic Tupí-Guaraní Indians. Adm. Pedro Alvares Cabral claimed the territory for Portugal in 1500. The early explorers brought back a wood that produced a red dye, pau-brasil, from which the land received its name. Portugal began colonization in 1532 and made the area a royal colony in 1549.
During the Napoleonic Wars, King João VI, fearing the advancing French armies, fled Portugal in ...view middle of the document...

Collor de Mello won the election of late 1989, pledging to lower hyperinflation with free-market economics. When Collor faced impeachment by Congress because of a corruption scandal in Dec. 1992 and resigned, Vice President Itamar Franco assumed the presidency.
A former finance minister, Fernando Cardoso, won the presidency in the Oct. 1994 election with 54% of the vote. Cardoso sold off inefficient government-owned monopolies in the telecommunications, electrical power, port, mining, railway, and banking industries.
In Jan. 1999, the Asian economic crisis spread to Brazil. Rather than prop up the currency through financial markets, Brazil opted to let the currency float, which sent the real plummeting—at one time as much as 40%. Cardoso was highly praised by the international community for quickly turning around his country's economic crisis. Despite his efforts, however, the economy remained sluggish throughout 2001, and the country also faced an energy crisis. The IMF offered Brazil an additional aid package in Aug. 2001. And in Aug. 2002, to ensure that Brazil would not be dragged down by neighboring Argentina's catastrophic economic problems, the IMF agreed to lend Brazil a phenomenal $30 billion over fifteen months.
Brazil… officially the Federative Republic of Brazil is the largest country in both South America and the Latin American region. It is the world's fifth largest country, both bygeographical area and by population. It is the largest Lusophone country in the world, and the only one in the Americas. Bounded by the Atlantic Ocean on the east, Brazil has a coastline of 7,491 km (4,655 mi). It is bordered on the north by Venezuela, Guyana,Suriname and the French overseas region of French Guiana; on the northwest by Colombia; on the west by Bolivia and Peru; on the southwest byArgentina and Paraguay and on the south by Uruguay. Numerous archipelagos form part of Brazilian territory, such as Fernando de Noronha, Rocas Atoll, Saint Peter and Paul Rocks, and Trindade and Martim Vaz.[12] It borders all other South American countries except Ecuador and Chile and occupies 47% of the continent of South America.

I will also be giving questions and its answers to make it easier to understand:
Where is Brazil?
Brazil is a country lying along the eastern coast of South America. It is bordered on the north by Venezuela, Guyana, Suriname and French Guiana; on the north-west by Colombia; on the west by Bolivia and Peru; on the south-west by Argentina and Paraguay, and on the south it borders Uruguay. On the east, Brazil is bounded by the Atlantic Ocean.
What is the capital of Brazil?
Located along a plateau, Brasilia is the capital city of Brazil. It is the fourth-largest city in the nation with an estimated population of about 2,557,000. The city serves as the administrative center of the country; all the government offices are located in the capital city. Brasilia is also World Map to the headquarters of many big companies. The city is...

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