BRAZIL: Presidential candidate Dilma Rousseff is well on her way to become Brazil's first female president. Backing her campaign she has the support of the outgoing leader Luiz Inacio Lula da Silva and has opened up a commanding 24-point lead in opinion polls ahead of the October 3 election. What does this new President mean for Brazil? Ms Roussef comes from the background of an economist and looks set to bring further economic growth in the coming decade for the B in BRIC.
(New York Times, “Lula's chosen successor opens up huge lead in Brazilian polls.” 15 Sep 2010.)
SANTIAGO, Chile: Chilean President Sebastián Piñera said a massive rescue effort is on track to bring 33 trapped miners out of the ground by the holidays and possibly sooner, and described the men's morale as good, while one rescue drill resumed work after almost a week out of action.
Mr. Piñera also said Chile's economy is on track to grow almost 6% this year adding that some wealthier countries enduring a less-favorable economic outlook were paying the price of having lived beyond their means. He also said that Chile will create 250,000 jobs this year with investment growing by 25%.
(The Wall Street Journal. “Chile Miners Are on Track for Rescue, President Says” Matt Moffett. September 15, 2010.)
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