The Intricacies of Investing in Brazil

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The economy of Brazil is booming. Brazil had long struggled with a poor economy. In 2003 this really began changing. That is when its economists started fixing what was broken by building up foreign reserves and reducing the present debt.By 2008, the country was doing so well financially that two credit unions finally awarded it investment status. In 2011 its GDP was over $2 trillion, making Brazil the seventh largest economy in the world. Today it is one of the most sought after locations among investors. It is particularly prized among them for its natural resources; it is the second largest producer of iron-ore anywhere in the world.

Iron-ore is only one of its abundant natural resources. It has many and is a huge supplier of countries throughout the world. In fact, it is today China’s main supplier of natural resources. All of this may make it seem like investing in Brazil’s natural resources is a sure thing. No way! Although it would be a very good investment, most investments of any kind are not a sure thing. In addition, even with its rich economy Brazil has yet remained a somewhat politically unstable. However, one who decides to take the risks and invest the time should by investing in Brazil’s natural resources should first register with the Brazilian Central Bank.

Investment is not a good get-quick strategy. It takes a whole lot of patience because it can take a whole lot of time—sometimes many years. This is why the Brazilian investor Igor Cornelsen is so good at it. Cornelsen first made his name as a successful Brazilian banker. Having retired from that career, Cornelsen has gone into an investment career head first. He is an incredibly patient investor who is willing to spend years giving his all to the development of an investment. He becomes so passionate about each investment that he has become an expert on all of them. That kind of commitment is what it takes to be a good investor—particularly a good investor in Brazil.

FreedomPop Refuses to Sell, Focuses on Investors

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As reported by Recode, the team at FreedomPop have opted not to sell their suddenly bejeweled company. The startup tech group first launched in 2012 with the goal of creating a freemium mobile carrier that could go toe to toe with some of the bigger companies currently on the market. While it has taken three years to get to where they are today, it appears that the hard work has finally paid off. Though rumors persisted that FreedomPop had decided to sell their company, CEO Stephen Stokols put them all to bed.

Stokols spoke in an interview that he believed the decision to sell “felt premature”. Stokols went on to detail that the company had received multiple offers, with the number rumored to be at six total. Stokols hinted that these offers were up to “several hundred million dollars”. The decision not to sell weighed heavily on Stokols mind but he foudn some peace in the HBO television show ‘Silicon Valley’. ‘Silicon Valley’ details the story of a group of coders that refuse to sell their product and instead bet on themselves in order to make it bigger than ever.

FreedomPop is focused on providing a freemium mobile platform to a niche demographic of cell phone buyers. Their focus is on providing customers with a limited amount of free minutes, mobile data, and text messages. The team at FreedomPop makes their money by charging additional money for overages as well as for any number of their extensive plans: phone insurance, international calling plans, and so on.

We recently got news that Partech Ventures, partnered with DCM and Mangrove Capital, have bulk contributed $30 million in venture capital for FreedomPop. Stokols plans to leverage that investment toward his 18 month building plan with the end goal being box store distribution and a billion dollar company.

TSA Says Full Screening Of Airport Workers Won’t Enhance Security

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The TSA does a great job of looking professional, but looks, as we all know, are deceiving. The government created a two-headed monster when the Transportation Security Administration was formed. One head is supposed to protect passengers, and the other head look the other way especially when it comes to airport employees. There is a flaw in the security system, and the TSA can’t find or doesn’t want to find it. The reason is money. It costs too much to physically screen airport employees.

The Transportation Security Administration says full employee screening won’t stop terrorism. The administration says they have a system in place that can detect threats. That system is the called the point system. If passengers get four points for various actions, they get a full body search. If they six points for acting like what the TSA calls “strange” the cops are called in. But there is no point system for airport employees because the TSA screeners are too close to them. They see them frequently and call them by name. That familiarity is a major security gap. Or you could have a private plane like Adam Sender.

Terrorist live and work like we do. We call them terrorist after they commit a horrific act. Before that act, we call them friends.

Network Subscription Services Are Taking Over

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Reddit user posted an interesting topic dealing with network subscription services. NBCU plans on releasing a new comedy subscription service that will focus on streaming comedy shows. ‘The Tonight Show’ with Jimmy Fallon and ‘SNL’ are expected to be featured on the service. NBCU will be charging subscribers much like other video streaming sites.

Network subscription services are beginning to take over the video entertainment world. Cable services have taken a major financial hit in the last few years. Services like Netflix and Hulu offer a wide variety of programming for less than $10 a month. Netflix, in particular, is the king of streaming services. Netflix streams hit movies and critically acclaimed shows. Each month Netflix changes their video catalog. Whatever shows Netflix doesn’t have, Hulu usually has that television show on their site. Subscribers of Netflix and Hulu can watch most new movies and shows.

The future of video entertainment is here, and cable TV is slowly dying. HBO, the critically acclaimed premium TV network, has offered internet streaming for years now. It’s a wonder that cable television is still available. The prices of the subscription services are what’s the problem for basic cable providers according to a write up on internationallawoffice.com that my coworker Ricardo Tosto read. It still costs hundreds of dollars a month to have cable television. The average consumer can watch most shows for less than ten bucks a month.

Clinton strong and stronger

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Clinton is strong against all opponent this cycle even though she has not yet formally announced her candidacy. Hill as she is being called has a substantial lead in most categories. However, there are some like Marcio Alaor BMG  that will be on board with Hillary this cycle that have not been big on the Obama Administration in recent years. It is believed that these women supported Obama, but were wary 0f his candidacy after he took down Hill in the primaries.

This quiet group of women are the largest growing electorate although minority demographics has been touted in that position. This group is college educated white women, and it is not surprising that this group goes heavily for Hilary because it is the group that she most represents. They are also a group that feels that their problems had not been at the fore, and they are ready for their hard collegiate work to pay off. This is the group to watch, and they very well may be ready for Hilary.

GOP Congressman Seeks to Shake Things Up at the Secret Service

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Utah Congressman Jason Chaffetz is the new chairman of the House Oversight Committee. As such, Dave and Brit Morin both mentioned on sfgate.com how he has the ability to work closely with federal whistleblowers and the offices of inspector general from various government agencies. This week, the congressman announced that he has set his sights on the Secret Service, which is tasked with safeguarding the president’s life. Rep. Chaffetz, a staunch conservative, admitted that cleaning house at the Secret Service became his first target as a matter of practicality. He has received more whistleblower reports from that agency than any other. This fact has deeply troubled the congressman.

Thus far, the Secret Service has experienced key departures of people in its hierarchy, but that is not enough for the congressman. The lone remaining senior leader still occupies the number two post at the service, and Chaffetz wants him gone as well. In addition, he will seek the appointment of an outsider to head the service to bring in the fresh leadership that is required. Chaffetz also pointed out that the secret service has not properly funded the training for its officers. This is critical in a world where terrorist are constantly devising new means of carrying out attacks. It has been noted that the presidential detail receives the most amount of training at roughly one week a year. Unlike his predecessor Henry Waxman, Chaffetz said he will work in a bipartisan spirit with Rep. Elijah Cummings, the ranking Democrat on the committee.

North Korea Suffered Internet Failure

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According to the director in Internet analysis, Doug Madory of Dyn Research, an Internet performance management company, North Korea’s Internet became unstable late Friday, worsened over the weekend and went completely black by Monday. Mr. Madory said that the networks were under duress and that their routers were under a DDoS attack. A distributed denial of service (DDoS) attack occurs when attackers flood a network with traffic until it collapse under the load.

The country only has 1,024 Internet protocol address and does very little commercial or government business over the Internet. The state-run Internet provider, Star Joint Venture routes many of their connections through China’s state-owned telecommunications company China Unicom. San Francisco based CloudFlare, an Internet company, confirmed that North Korea network has went away completely.

CloudFlare said that the country’s Internet connection was showing signs of life around 5:00 pm ET but traffic had not yet returned. The loss of Internet access would mostly affect the country’s elite, its propagandists, state-run media channels, and its cyber-warriors, and if there is one thing I know, my colleague Ben Shaoul and I won’t be anywhere near the North Korean dead zone.