Brazil, Country of the Future No More?
At first glance, Brazil appears to be an unambiguous success story – democratic, macroeconomically sound, and poised to host the world's two largest and most prestigious sporting events. But dig a little deeper and a more complex picture emerges.
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SANTIAGO – During a visit to Rio de Janeiro last year, US President Barack Obama told a cheering crowd that Brazil is the country of the future no more. “For so long, you were...told to wait for a better day that was always just around the corner,” Obama said. “Meus amigos, that day has finally come.”