“The Brazilians play football as if it were a dance…for [they] tend to

reduce everything to dance, work and play alike.” By ... Gilberto

Freyre

The Carnival of Brazil, properly spelled "Carnaval" in Portuguese, is an annual festival in Brazil held forty days before Easter.

The Amazon Rainforest also known as Amazonia or Amazon Jungle, is a moist

broadleaf forest that covers most of the Amazon Basin of South America. This basin encompasses seven million square kilometres (1.7 billion acres), of which five and a half million square kilometres (1.4 billion acres) are covered by the rainforest.

The South American nation is rich in natural resources which are likely to continue to be in demand as global populations expand.

The Brazilian government mandates that subsidized loan rates on homes and appliances . Another force working in Brazil’s favour is low interest rates in real terms, which makes borrowing attractive. The US Financial Crisis is Not Derailing Brazil.

Brazil’s public sector jobs continue to grow and welfare payments have been increased by 30% . A stronger middle class is forming in Brazil. Brazil’s home consumption is booming. Brazil will host the FIFA Soccer World Cup in 2014.

Political Structure:- Brazil is a Federal Republic, comprised of the federal district, 26 states and 5000 municipalities. The federal capital is Brasilia, which is located at the Federal district.

Current Political Situation:- Populist president Luiz Inácio Lula da Silva (Lula) won a second term in October 2006 and has fashioned an 11-party PT-led Coalition.

Government’s View on Investment:- The President of Brazil, Lula is actively promoting for the investment in various sectors and also for the public-private partnership to attract private capital. The judicial system is fair but slow and complex. According to World Bank’s 2010 Doing Business survey, starting a business in Brazil take 120 days against a regional average of 45.5 days.

Brazil, the world's fifth largest country in geographical expanse and the largest nation in Latin America

The population of Brazil was about 170 million in 2000, the sixth largest in the world after China, India, the United States, Indonesia, and the Russian Federation.

Brazil also has a large population of mixed European, mainly Portuguese, descent.

Nearly all Brazilians speak Portuguese, belonging to the Indo-European language family. The Portuguese language was introduced to Brazil by the Portuguese in the early sixteenth century.

Brazil is the largest Catholic country in the world.

The educational system in Brazil is compulsory for children ages 7 to 14.  Brazil has both public and private sectors in education.

Brazil's physical environment and climate vary greatly from the tropical North to the temperate South.

Brazil is a land rich in natural resources, principally iron ore, bauxite, manganese, nickel, uranium, gold, gemstones, oil, and timber.

Brazil is probably best known as the land of the Amazon, the world's largest river in area drained and volume of water and second only to the Nile in length.

The Amazon forest contains the world's largest single reserve of biological organisms, and while no one knows how many species actually exist there.

Brazilian science and technology

The central agency for science and technology in Brazil is the Ministry of Science and Technology.more than 90% of funding for basic research comes from governmental sources.Companies such as Motorola, Samsung, Nokia and IBM have established large R&D&I centres in Brazil.

Important successes:

agro-industrial technology

strategic sectors: infrastructure, air space, oil, energy and telecom.

Recycling considerations

The collection of recyclable material in Brazil is largely from waste pickers .

A national program, named Integrated Solid Waste and Carbon Finance Project, is developing strategies for incorporating waste pickers into local waste management systems .

In 2005, the country managed to recycle an incredible 96 percent of the aluminum cans sold that year – almost 9.4 million cans . It is collected and stored by a chain comprising about 2,000 scrap collectors.

In 2007, Brazil’s recycling rate for steel can was 49 percent.57% of the 260,000 tones of used tires estimated to be thrown away each year in Brazil were sent to cement ovens in Brazil.17.5% of both rigid and film plastic is recycled on average in Brazil.They recycle refrigerators and freezers in order to reduce the potential global warming

Current and Future Environmental Legislative Changes.

Large agricultural areas are taken out of production and converted back to natural vegetation.

Realizing the desired protection of biodiversity and natural vegetation, while expanding agriculture to meet food and bio-fuel demand, may require a new approach to environmental protection.

New legal and regulatory instruments and the establishment of alternative development models should be considered.

SATADRU SENGUPTA RAJESH ROY RUMPA GHOSH SUBENDU MUKHERJEE SUSHOVAN SARKAR