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...succeed him as the Workers' Party presidential candidate in October's general election. The constitution prevents Lula from seeking a third consecutive term, which is why he picked the tough-talking former Marxist-Leninist to carry on his progressive policies. But to win the job, Dilma - who, like many Brazilian public figures is known by just one name - will need Lula out on the campaign trail...

Author: /time Magazine | Title: Could Lula's Health Affect Brazil's Succession? | 2/2/2010 | See Source »

...company sees things differently. Although its headquarters are in Leuven, where AB InBev can trace its brewing roots back to 1366, the firm's power brokers are Brazilian investment bankers who manage a global empire with a workforce of 120,000 and more than 200 brands of beer, including Beck's, Labatt, Bass and Löwenbräu. It has expanded rapidly, following a series of rapacious mergers and acquisitions in recent years, most notably its takeover of Budweiser brewer Anheuser-Busch in 2008 - after which InBev became AB InBev. But that move also saddled the company with huge...

Author: /time Magazine | Title: Running Dry: Belgium's Looming Beer Crisis | 1/21/2010 | See Source »

...purchase of a chunk of ABN Amro. Santander joined forces with the Royal Bank of Scotland and Belgium's Fortis to buy the ailing Dutch giant for $103.7 billion. But while both RBS and Fortis are now on the casualty list themselves, Santander's $17 billion stake in the Brazilian wing of ABN Amro is worth about $49 billion after merging with Santander's existing business in Brazil. In 2007, the firm spent just under $10 billion for Italy's Banca Antonveneta, which it promptly sold off for a $3.74 billion profit. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Santander: The Most Boring Bank in the World | 1/18/2010 | See Source »

...better. The author of Eat, Pray, Love returns with Committed: A Skeptic Makes Peace with Marriage (Viking; 285 pages), in which she is a vehemently wary second-time bride, due to be dragged down the aisle by Uncle Sam's immigration henchmen, who will otherwise toss her beloved, Brazilian-born "Felipe," as she calls the older man she met in the last section of EPL, out of the U.S. for good. They hadn't planned to marry. Like Gilbert, Felipe had endured a hard divorce, and they were content to be "lifers" together. But a helpful Homeland Security officer prescribes...

Author: /time Magazine | Title: After Eat, Pray, Love: Fret, Mull, Marry | 1/6/2010 | See Source »

...fortuitous arrival of true love at the end of Gilbert's year of self-discovery. (In Committed, she pokes fun at herself, quoting her sister Catherine's response to her gushy e-mails from Bali: "Yeah, I was planning to go to a tropical island this weekend with my Brazilian lover, too ... but then there was all that traffic.") There was no denying, however, that she was a vibrant woman on a cool adventure, with stories to tell. The pressure to return to that fertile ground must have been enormous. Just as she was sentenced to marrying, she was sentenced...

Author: /time Magazine | Title: After Eat, Pray, Love: Fret, Mull, Marry | 1/6/2010 | See Source »

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