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Operação Lava Jato
Operation Car Wash (, ) was a landmark anti-corruption probe in Brazil.Kurtenbach, S., & Nolte, D. (2017). Latin America's Fight against Corruption: The End of Impunity. GIGA Focus Lateinamerika, (03). Beginning in March 2014 as the investigation of a small car wash in Brasília over money laundering, the proceedings uncovered a massive corruption scheme in the Brazilian federal government, particularly in state-owned enterprises. The probe was conducted through Conselho Administrativo de Defesa Econômica, antitrust regulator. Evidence was collected and presented to the court system by a team of Ministério Público Federal, federal prosecutors led by Deltan Dallagnol, while the judge in charge of the operation was Sergio Moro. Eventually, other federal prosecutors and judges would go on to oversee related cases under their jurisdictions in various Brazilian states. The operation implicated leading businessmen, Chamber of Deputies of Brazil, federal congressmen, Senate of Braz ...
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Car Wash
A car wash, or auto wash, is a facility used to clean the exterior, and in some cases the interior, of motor vehicle, cars. Car washes can be #Self-serve car wash, self-service, full-service (with attendants who wash the vehicle), or #Automatic car wash, fully automated (possibly connected to a filling station). Car washes may also be events where people pay to have their cars washed by volunteers, often using less specialized equipment, as a fundraiser. History The first U.S. patent for a mechanized car wash was filed in 1900 and soon followed by "auto laundries". The Automobile Laundry in Detroit, Michigan, opened in 1914 by Frank McCormick and J.W. Hinkle, is considered the first business in the U.S. to adopt the name "car wash" for their services. Manual car wash operations, which used manpower to push or move the cars through stages, peaked at 32 drive-through facilities in the United States. The first semi-automatic car wash in the United States debuted in 1946 at a ...
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Movimento Democrático Brasileiro
The Brazilian Democratic Movement (, MDB) is a Brazilian political party. It is considered a " big tent party" and it is one of the parties with the greatest representation throughout the national territory, with the most numbers of senators, mayors and city councillors, always having formed a large part of the National Congress since 1988, and also has the largest number of affiliates, with 2,043,709 members . Originally, the MDB was founded on 1965 as part of an enforced two party system by the Brazilian military dictatorship, providing an official, if controlled, opposition. With political opening, in the early 1980s the former members of the MDB created the Brazilian Democratic Movement Party (, PMDB), the name by which the party was known until 2018. It was the party of former Presidents of Brazil Tancredo Neves, José Sarney, Itamar Franco and Michel Temer, as well providing support for the governments of Fernando Henrique Cardoso, Luíz Inácio Lula da Silva and Di ...
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Belo Monte Dam
The Belo Monte Dam (''formerly known as'' Kararaô) is a hydroelectric dam complex on the northern part of the Xingu River in the state of Pará, Brazil. After its completion, with the installation of its 18th turbine, in November 2019, the installed capacity of the dam complex is 11,233 megawatts (MW), which makes it the second largest hydroelectric dam complex in Brazil and the fifth largest in the world by installed capacity, behind the Three Gorges Dam, Baihetan Dam and the Xiluodu Dam in China and the Brazilian-Paraguayan Itaipu Dam. Considering the oscillations of river flow, guaranteed minimum capacity generation from the Belo Monte Dam would measure 4,571 MW, 39% of its maximum capacity. Brazil's rapid economic growth over the last decade has provoked a huge demand for new and stable sources of energy, especially to supply its growing industries. In Brazil, hydroelectric power plants produce over 66% of the electrical energy. The Government has decided to ...
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Angra Nuclear Power Plant
Angra Nuclear Power Plant is Brazil's only nuclear power plant. It is located at the Central Nuclear Almirante Álvaro Alberto (CNAAA) on the Itaorna Beach in Angra dos Reis, Rio de Janeiro. It consists of two pressurized water reactors (PWR), Angra I, with a net output of 609 MWe, first connected to the power grid in 1985 and Angra II, with a net output of 1,275 MWe, connected in 2000. Work on a third reactor, Angra III, with a projected output of 1,245 MWe, began in 1984 but was halted in 1986. Work started again on 1 June 2010 for entry into service in 2015 and later delayed into the 2020s. Construction resumed in November 2022. Existing complex The Central Nuclear Almirante Álvaro Alberto complex is administered by Eletronuclear, a state company with the monopoly in nuclear power generation in Brazil. The complex employs some 3,000 people and generates another 10,000 indirect jobs in Rio de Janeiro state. Angra I was purchased from Westinghouse of the USA (its sister pow ...
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2014 World Cup
The 2014 FIFA World Cup was the 20th FIFA World Cup, the quadrennial world championship for men's national football teams organised by FIFA. It took place in Brazil from 12 June to 13 July 2014, after the country was awarded the hosting rights in 2007. It was the second time that Brazil staged the competition, the first being in 1950, and the fifth time that it was held in South America. 31 national teams advanced through qualification competitions to join the host nation in the final tournament (with Bosnia and Herzegovina as the only debutant). A total of 64 matches were played in 12 venues located in as many host cities across Brazil. For the first time at a World Cup finals, match officials used goal-line technology, as well as vanishing spray for free kicks. FIFA Fan Fests in each host city gathered a total of 5 million people, and the country received 1 million visitors from 202 countries. Spain, the defending champions, were eliminated at the group stage ...
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Carioca Engenharia
Carioca ( or ) is a demonym used to refer to residents of the City of Rio de Janeiro, in Brazil and their culture. Like other Brazilians, ''Cariocas'' speak Portuguese. The ''carioca'' accent and sociolect (also simply called "''carioca''", see below) are one of the most widely recognized in Brazil, in part because TV Globo, the second-largest television network in the world, is headquartered in Rio de Janeiro. Thus, many Brazilian TV programs, from news and documentary to entertainment (such as the telenovelas), feature ''carioca''-acting and -speaking talent. Etymology The original meaning of the term is controversial, maybe from Tupi language "''kari' oka''", meaning "white house" as the whitewashed stone houses of European settlers or even the colonists themselves, by merging "''kara'iwa''" (white man) and "''oka''" (house). Currently, the more accepted origin in academia is the meaning derived from "''kariîó oka''", which comes from Tupi "house of carijó", which was ...
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Andrade Gutierrez
Andrade Gutierrez is a Brazilian private multinational conglomerate headquartered in Belo Horizonte. The company was founded in 1948, in Belo Horizonte, Minas Gerais by the Andrade and Gutierrez families. As of 2013, Andrade Gutierrez is the second largest construction company in Brazil, with over a thousand projects carried out domestically and globally. It has branches in 44 countries and a net income of 8 billion BRL. Andrade Gutierrez has three separate divisions: AG Engenharia (Construtora Andrade Gutierrez), which engages in engineering and construction; AG Concessões, which handles public projects, concessions and utilities; and AG Telecom, which provides telecommunication services. Ricardo Sena serves as president of Andrade Gutierrez. History Early history Andrade Gutierrez founded on September 2, 1948, in Belo Horizonte, Minas Gerais, by three engineers: Gabriel and Roberto Andrade and their friend Flávio Gutierrez. It began as Andrade Gutierrez S.A., a small cons ...
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Odebrecht
Odebrecht S.A. (), officially known as Novonor, is a Brazilian conglomerate, headquartered in Salvador, Bahia, Brazil, consisting of diversified businesses in the fields of engineering, construction, chemicals and petrochemicals. The company was founded in 1944 in Salvador by Norberto Odebrecht, and is active in the Americas, the Caribbean, Africa, Europe and the Middle East. Its leading company is . Odebrecht S.A. is a holding company for Construtora Norberto Odebrecht S.A., the biggest engineering and contracting company in Latin America, and Braskem, the largest petrochemicals producer in Latin America and one of Brazil's five largest private-sector manufacturing companies. Odebrecht controls Braskem, which by revenue is the fourth largest petrochemical company in the Americas and the seventeenth in the world. The name Odebrecht has become shorthand for an unprecedented regional bribery scandal. Between 2001 and 2016, Odebrecht paid US$788 million in bribes across Latin A ...
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Cartel
A cartel is a group of independent market participants who collaborate with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Jurisdictions frequently consider cartelization to be anti-competitive behavior, leading them to outlaw cartel practices. Cartels are inherently unstable due to the temptation by members of the cartel to cheat and defect on each other by improving their individual profits, which may lead to falling prices for all members. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Advancements in technology or the emergence of substitutes can undermine cartel pricing power, leadi ...
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Petrobras
Petróleo Brasileiro S.A., better known by and Trade name, trading as the portmanteau Petrobras (), is a Brazilian state-owned enterprise, majority state-owned multinational corporation in the petroleum industry headquartered in Rio de Janeiro. The company's name translates to Brazilian Petroleum Corporation — Petrobras. The company was ranked #71 in the 2023 Fortune Global 500, ''Fortune'' Global 500 list. In the 2023 Forbes Global 2000, ''Forbes'' Global 2000, Petrobras was ranked as the 58th-largest public company in the world. History Petrobras was created in 1953 under the Second presidency of Getúlio Vargas, government of Brazilian president Getúlio Vargas with the slogan "The Oil is Ours" (Portuguese: "O petróleo é nosso"). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company's REDUC refinery began operations near Rio de Janeiro, and in 1963, its Cenpes research center opened in Rio de Janeiro ...
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Caixa Dois
''Caixa 2'' ( , "cash box 2") is a term used in Brazil to refer to illegal bookkeeping practices that hide financial transactions from authorities. Tax evasion ''Caixa dois'' includes methods to evade taxes by misrepresenting income. They include parallel bookkeeping, in which accounts declared to tax authorities are manipulated down in value to reduce tax burden. The difference between declared income and that actually received is said to have gone to "cashbox two". Mechanisms for manipulation include failing to invoice, or documenting different financial amounts or goods and services than in transactions that actually occurred. Hiding illegal or unpopular transactions ''Caixa dois'' practices may also be used by larger businesses or public entities to disguise the source of or the use of funds. For example, a slush fund may be used to hide payments for illegal services such as bribes to win contracts or access to privileged information to which the payee is not entitled. L ...
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