PROJECT OF THE WEEK
Render of the Trump Towers planned for Rio de Janeiro´s Porto Maravilha docklands district (Skyscrapercity).
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BRAZIL WEEKLY’S BRAZIL’S NEXT 10 HOTTEST BUSINESS CITIES
No doubt the biggest and most important business centres of Brazil are the megacities of Sao Paulo and Rio de Janeiro and do not forget most other state capitals like Belo Horizonte, Salvador da Bahia, Recife, Fortaleza, Curitiba and Porto Alegre. But Brazil is big and there are plenty of other fast developing cities, not being state capitals. So for a minute forget Sao Paulo, Rio and those other 2014 World Cup host cities and check out Brazil Weekly’s Brazil’s Next 10 Hottest Business Cities.
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Built on the plains of the Cerrado just over fifty years ago by architect Oscar Niemeyer and city planner Lucio Costa, Brasilia’s austere modernity can put visitors off balance. But beyond the science fiction feel, the city is cultured, lively and verdant (The Rio Times).
BBC´s David Shukman takes a walk through the streets of Brazil’s largest favela, Rocinha. Along the highway linking the luxury hotels of Copacabana and the conference halls of the Rio+20 summit, the darkened windows of the VIP limousines will not have offered a clear view of the crowded hillside known as Rocinha. Pronounced “Hosinia”, this dense mass of tiny dwellings perched beneath a series of grey cliffs holds the dubious title of being Brazil’s largest favela – a tightly-knit community of 120,000 (BBC).
A new Metro station license was approved by INEA (Instituto Estadual do Ambiente) to be built at Praça Nossa Senhora da Paz (Our Lady of Peace Park) in the heart of Ipanema. Residents have been protesting the project due to the destruction of the park trees and the neighborhood way-of-life (The Rio Times).
While Brazil’s economic power-engine cools down as a reflection of the global financial crisis, the economy of the State of Rio de Janeiro continues to grow on the fast-track of its oil exports. At present, Rio accounts for 81 percent of Brazil’s trade balance surplus, reflecting the importance of the state’s offshore pre-salt oil reserves located in Brazil’s Southeastern coast (The Rio Times).
After the pacification of the Vidigal favela community last November 2011 and subsequent UPP (police pacification unit), area real estate prices have experienced an increase of up to fifty percent, in some cases more. Along with this interest and speculation, is a proposed five-star luxury hotel being built by Antonio Belmonte at the very top of Vidigal (The Rio Times).
Sao Paulo’s mayoral election attracts considerable attention nationally. The vote isn’t until October, yet the race is already stealing the front pages. Jose Serra, who lost to Dilma Rousseff in the 2010 presidential election, ought to be a shoe-in. He’s a former governor of Sao Paulo state from the opposition Social Democracy Party which, with its allies, has held the city since 2004. However, Rousseff’s Workers’ Party is determined to win back this most coveted of metropolitan crowns (Bloomberg).
SPLIT SECOND POLLS