Nothing inspires more passion in Brazil than soccer. But the nation is dramatically behind schedule in putting in place the infrastructure required for when 600,000 visitors descend on the country.
Brazilian oil giant Petrobras is confident the type of drilling accident BP faced in the Gulf of Mexico last year would not happen in its offshore operations, a company official said recently.
"In the past, Brazil's reach has always exceeded its grasp," says one former U.S. official. "It always saw itself as a leader, but has been frustrated that the world saw it another way. The Brazilian economy is developing to the point where it does have the global heft that people have to take it seriously."
It is not possible to control the value of Brazil's currency through taxes on foreign capital, former President Fernando Cardoso told CNBC Monday. He thinks it "better to leave the capital flow more open."
Nothing epitomizes Brazil's tremendous growth and tremendous challenges more than the helicopter. You see them by the dozens every day over Sao Paulo, and they are not filled with sightseers but commuters trying to get to work on time.
Brazilian companies, armed with a strong Real, are hunting for acquisitions across the globe , while U.S. private equity and sovereign wealth funds turn their attention to red hot Brazil.
What does it look like from inside these innovative Brazilian oil platforms? Click for a tour of the newest Petrobras platform under construction, P-56.
Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion. Check out what they found!
CNBC's Michelle Caruso Cabrera takes a look at Brazil's Embraer seeing more demand over the past year.
Banco do Brasil is set to become the first in the country's history to buy a US retail bank. An insider look at the deal with Admilson Monteiro, Banco do Brasil.
CNBC's Maria Bartiromo's indepth interview with Brazil's 34th president, Fernando Henrique Cardoso, whose policies are credited for the country's current economic boom.
Rudy Martin, emerging markets analyst at Weiss Research, says the market has not fully began to comprehend last weekend's BRICS meeting, which he says, has the potential to alter the world's capital movement.
Pedro Bastos, CEO of HSBC Global Asset Management Brazil says it's time to buy into Brazilian infrastructure and real estate stocks.
Brazil's "economic miracle" is alive and well, despite growing concern the Latin American powerhouse is in danger of overheating, with Huw Jenkins, BTG Pactual.
Rating how President Obama did during his visit to Brazil, the world's ninth largest producer of oil, with Tim Seymour, EmergingMoney.com founder.