Monday, July 12, 2021

 



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Thursday, July 29, 2021
10:00 a.m. to 11:30 a.m.

(Eastern Time - U.S. and Canada)
Despite a concerted effort that has vaccinated 40% of the population since the start of 2021, Brazil is still struggling to put COVID-19 infections on a solid downward path. Political polarization is increasing, and the 2022 presidential elections could see a repeat of 2018, only this time with Lula the favorite to win over Bolsonaro.

The economy is rebounding, yet expectations among businesses remain depressed, as does CAPEX. Unemployment remains at near record highs, with a worrying downward shift in labor force participation. Nevertheless, inflation has risen, propelled initially by supply shocks (food, oil, electricity and other prices) and increased risk aversion that has called a large depreciation of the Real. These shocks and worsening expectations prompted the Central Bank of Brazil to “normalize” its policy stance, withdrawing exceptional accommodation. The SELIC policy rate is up 225bp this year to July and likely will gain another 225bp to 6.50% by year-end.

Meanwhile, the fiscal accounts are recovering at a good pace from the historic deficit of 2020, but doubts remain about sustainability due to the further extension of fiscal benefits. The overall accounts will improve in 2021, but projections by the Senate’s Budget Office (IFI) forecast deficits until 2024 and a gross government debt-to-GDP approaching 90%. Higher interest rates and lower growth may once again worsen the debt trajectory. For investors, the possibility of increased volatility as the elections draw near is a concern.

The Chamber brings together a notable group of economists and political scientists to discuss these themes in our “Brazil: Midyear Economic and Political Outlook.” Please join us for this timely discussion.
Moderator:
Paulo Vieira da Cunha, Partner, Verbank Consulting, LLC
Drausio Giacomelli,
HeadofEMResearch, Deutsche Bank Securities
Speakers:
José Carlos Carvalho, Partner & Chief Economist, Vinci Partners
Christopher Garman, Managing Director for Latin America, EURASIA Group
Zeina Latif, Principal, Gibraltar Consultoria
André Loes, Managing Director, Morgan Stanley
Shelly Shetty, Senior Director, Fitch Ratings


Registration Information:
Members: $25
Non-Members: $50
Webinar information will be provided to registrants once registration has been completed.
Brazilian-American Chamber of Commerce, Inc. | 485 Madison Avenue, Suite 401, New York, NY 10022 | (212) 751-4691


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Saturday, June 26, 2021

A few weeks ago, I got tossed around in a sea of people at a tiny, packed bar on San Francisco’s long-awaited reopening night. The main attraction? A live brass band. And while I fought to stay upright in the crowd, it hit me that this was the first time I had been to a concert since the fateful month of March 2020 when the world started to shut down. I can only describe the experience of watching a musician kill it on the tuba as utterly euphoric. In service of that rush of feeling only live music can provide, check out our Weekender guide for concertgoing in 2021, some legendary rock ’n’ roll hotels worth a visit, newly released albums to get you pumped and concert gear you won’t want to party without.


Isabelle Lee, Reporter

The Concert Scene

1. To Mask or Not to Mask

Step one: Start with your state and local mask guidelines but also be sure to check the venue’s rules. When you’re indoors, you can still choose to wear a mask even if you’re vaccinated, but if the venue doesn’t mandate masks, and the state guidelines match, feel free to belt out the lyrics without a face covering. Some venues are limiting attendance to vaccinated people only, like Bruce Springsteen’s Springsteen on Broadway — so if you’ve been hesitant about getting vaxxed, maybe this is the incentive you need!

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2. Turn of Events

If attending a live concert topped your must-do list earlier this year, you were in the minority. A Bankrate survey in March found that only 16% of American adults had purchased tickets for an upcoming live event,  such as a concert or a pro or college sporting event, with the vast majority taking a wait-and-see approach. Still, outdoor venues like Red Rocks Amphitheatre in Colorado are experiencing a post-COVID-19 surge, and concert planning by artists is in full swing. Events promoter Live Nation Entertainment, in fact, expects to have a better year in 2022 than it had in 2019.

3. Going Live!

Musicians live to perform in front of a live audience. And while 2022 might be a massive year for stadium shows, 2021 is the year for smaller venues. For these bars and clubs, the responsibility of bringing back live music can feel like a “sacred job,” says Michael Dorf, the founder of City Winery, which has venues in New York City and seven other major U.S. cities. It’s a job many are jazzed to take on after weathering the financial blows of COVID closures, even if it takes extra effort to put on socially distanced shows. For those who prefer a massive mosh pit to a more intimate setting, there’s a number of large arena shows in the works, with artists such as Billie Eilish, Bruno Mars and Lady Gaga launching tours this year.

4. What’s On?

While some major music events have been canceled, there are still loads of eclectic festivals being held this year. In September, head to Tennessee for the Bonnaroo Music and Arts Festival, which will feature the Foo Fighters, Megan Thee Stallion and Lizzo, among others. Later that same month, a ’90s and noughties revival gets underway in Chicago at Riot Fest, where the Pixies, Nine Inch Nails and The Smashing Pumpkins are set to perform. If your tastes run more toward chill jazz, plan a trip to the New Orleans Jazz & Heritage Festival in October. From electronica to bluegrass, Justin Bieber to Guns N’ Roses, the festival circuit is coming to life, so pick your poison and get ready to rage.

Rockin’ Hotels

1. The Chelsea, New York City

If these walls could talk. Hotel Chelsea was frequented by rock legends Jim Morrison, Jimi Hendrix and Patti Smith, and was where Janis Joplin and Leonard Cohen had an affair in 1968. True crime fans, take note: This landmark property on West 23rd Street is where Sex Pistols bassist Sid Vicious allegedly killed his girlfriend Nancy Spungen in 1978 (he died from an overdose in 1979 before he could be tried). Alas, no one’s checked into the Chelsea since 2011 — it’s been in a “dreary state of endless construction,” according to The New York Times — but the hotel is still home to an eccentric collection of long-term residents. That may soon change: Developers are keen to refashion it into an upscale boutique hotel by the end of the year.

2. The Phoenix, San Francisco

This institution in the Tenderloin neighborhood was founded in 1960, and it spent most of its early days as a seedy dive known as the Caravan Motor Lodge before a renovation in the late ‘80s, when it rose from the ashes as The Phoenix Hotel. The key to its reputation as a must-stay for touring rockers? The hotel offered a free massage to band managers who booked five rooms or more. The promotion worked, and the Phoenix attracted superstars like David Bowie and Kurt Cobain. Today, there are no more free massages, but you can sleep in the room where the members of Pearl Jam once stayed and swim in the pool where Courtney Love was known to skinny dip.

3. Chateau Marmont, Los Angeles

Founded in the 1930s, this hotel quickly became the site for celebrity mischief and hijinks. Legend has it that James Dean jumped through a window to audition for Rebel Without a Cause and that a member of Led Zeppelin rode his motorcycle through the lobby. Bette Davis is said to have nearly burned down the Marmont (reckless cigarette smoking) twice! John Belushi died in one of the bungalows in 1982. More recently, actor Lindsay Lohan was banned from the premises for racking up a gigantic bill, while Hunter Biden was banned for drug use. If you book a stay, chances are good you’ll rub elbows with a few famous mugs.

4. The Edgewater Hotel, Seattle

The only hotel in Seattle that sits directly over the water, on Pier 67, The Edgewater helped put the city on the map as a key rock ’n’ roll destination. It all started in 1964 when the world’s biggest musical act, The Beatles, stayed in the new hotel soon after their U.S. debut on The Ed Sullivan Show. With Beatlemania at its height, fans of the Fab Four even tried to swim across Seattle’s Elliott Bay to get closer to their heroes — who were photographed fishing from the window of their suite. It didn’t take long for other rock ’n’ rollers to flock to The Edgewater, cementing its history as hallowed ground.

‘Into America’

Into America is a show about being Black in America. These stories explore what it means to hold truth to power and this country to its promises, and they are told by people who have the most at stake.

On episode 118, “Black Joy in the Summertime,” Trymaine Lee explores the traditions and legacy of Black summer communities. Places like Oak Bluffs on Martha’s Vineyard, Idlewild in Michigan, Bruce’s Beach in California, and Sag Harbor Hills on Long Island. He looks at how these escapes became a refuge of freedom and joy and talks to a family that has spent more than 100 years in Sag Harbor Hills about where the community stands today.

Listening for Inspiration

1. Foo Fighters, ‘Medicine at Midnight’

The Foo Fighters are about to embark on their 26th anniversary tour. They will undoubtedly play their biggest hits, but even more exciting will be the chance to watch them perform songs from their new album. Among this year’s inductees to the Rock & Roll Hall of Fame, the band is known for overdelivering in their live concerts — frontman Dave Grohl once kept performing even after breaking his leg on stage. The band’s latest album is considered their most upbeat yet and is almost danceable compared to their previous rock-heavy fare.

2. J. Cole, ‘The Off-Season’

When Cole’s new album dropped in May, it debuted at No. 1 on Rolling Stone ’s Top 200 Albums chart. Now he’s going on tour, starting in Miami. For those of us who’ve been missing his presence on the music scene, the tour should be a joyous reminder of what a powerful lyricist and performer he is. The Off-Season moves away from rap’s rigid rules and shows Cole giving himself permission to loosen up and have some fun.

3. Arlo Parks, 'Collapsed in Sunbeams'

As its name suggests, if an album that makes you feel like you are drenched in light is intriguing, then look no further than this London artist’s latest offering. She’s only 20, but her songs display a polish and maturity far beyond her age, and she’s got a style that’s unusually calm and collected (no wonder Michelle Obama is a fan). Parks is taking the album on a North American tour starting in September. Do yourself a favor and catch her now before she rockets to superstardom.

Gearing Up

1. Top Hat

Hours in the sun lining up for beers, tacos and the porta potty — not to mention the harsh UV rays beating down on you while you watch the musicians — are the reason every festival-goer needs a reliable, stylish hat. And don’t even think about grabbing a tired baseball cap; this year calls for headgear that screams cool sophistication: the classic Panama.

2. Keep Your Shirt On

There’s no better place to wear your favorite band’s T-shirt than at a concert. Sure, a nosy neighbor in the mosh pit may challenge you to name their greatest hits, but you’ll be ready to answer in style. Tees like these also come in handy if you’re looking for a conversation starter with the cutie standing next to you in line.

3. For the Record

Not yet ready to brave a live concert, despite our tremendous recommendations? Not to worry; there’s a great way to bring the music to you, or your backyard, with flair: a retro record player. We like the jaunty red option, but they’ve all got that vintage-slash-hipster vibe while also being thoroughly modern with Bluetooth connectivity.


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Thursday, July 15, 2021
1:00 p.m. to 2:00 p.m.

(Eastern Time - U.S. and Canada)
The reality of aging and retirement is more diverse, complex, and hopeful than initial forays would suggest, greatly affecting how wealth management and healthcare services cater to adults aged 50+. The Chamber brings together experts for a webinar on “How Technology and Longevity are Revolutionizing Healthcare,” to focus on themes of aging, community, and reinvention for this age group, including:

- The need for a new narrative that builds and expands upon the New Life Curve;
- The value of a purpose-based framework to help adults 50+ navigate this phase of life;
- Mindful use of technology that enables whole person datasets;
- A Humana case study demonstrating the potential of precision-communication solutions for increasing star ratings and CAHPS scores.

Please join us for this unique and informative discussion.
Speakers:
Flavio Masson, CoFounder/ChiefInnovationOfficer, McClennanMasson
Jeannette McClennan, Co-Founder / CEO, McClennanMasson
Ricardo Meirelles, Market Intelligence, PointClickCare


Registration Information:
Free of Charge
Webinar information will be provided to registrants once registration has been completed.
Brazilian-American Chamber of Commerce, Inc. | 485 Madison Ave
,

Yesterday, I visited Jackson Park, the future home of the Obama Presidential Center, and surprised some of the Center’s future neighbors. 

Take a look.

We can’t wait to bring this Center to the South Side. For Michelle and me, this project is about more than building a gathering space and museum—it’s an opportunity to bring jobs, investment, and economic opportunity to a neighborhood that’s given us so much. 

But we also know that to be successful, this project needs to not just be for the community, it must be built in partnership with the community. 
 

That’s why, this week, I spent time with local business owners at South Shore Brew coffee shop and got to hear from them directly about their hopes for the Center. 

I also stopped by the Wolfpack youth football team’s practice and talked to some of the kids who use Jackson Park every day. I came away certain that by working together, we can build a space that will act as an economic catalyst for the community, create new jobs in the neighborhood, and serve as a gathering place for young people to learn, play, and take action.
 

We’re so excited to break ground on the Center this fall. When it’s completed, we look forward to welcoming hundreds of thousands of visitors to the South Side and introducing them to the community we love. 

I hope you’ll check out more of my visit to Chicago, then stay tuned for more news about groundbreaking this fall. 

— Barack
 
Donate to bring the Obama Presidential Center to life.
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ue, Suite 401, New York, NY 10022 | (212) 751-4691
 
 
Read Online Monday, July 05, 2021
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Former police officer Derek Chauvin was sentenced to 22 1/2 years in prison for the murder of George Floyd last month. “Your skin color should not define who you are,” Floyd’s brother, Philonise, told reporters shortly after the sentencing. “It should never be a weapon.” With Chauvin now in prison we ask: What are the likely battlegrounds ahead? Where are the opportunities for change? Join us for a look at bold ideas to #ResetAmerica that are sparking debates nationwide, many of them from OZY readers and guests of The Carlos Watson Show.

Please respond to this email (or click the button below) to share what's on your mind — hope, anger or anything in between — as you look to the future.

Email me

Carlos Watson

Co-founder and Editor-in-Chief

 

IDEA

01

Byron Donalds

42 | Member of Congress | Florida

Freshman U.S. Rep. Byron Donalds is pro-Trump, Republican and Black. He’s an advocate for viewing the Republican Party through different eyes, especially when it comes to Black Lives Matter and police reform. On The Carlos Watson Show, Donalds acknowledges that while “we do have bad apples in all police forces” and that we “need better training in a lot of departments,” defunding the police and pulling officers off the street is the wrong way to go. Instead, he thinks police violence is a problem that can be solved “with proper training.”

Watch Now

IDEA

02

Monique Lewis

41 | Publicist | New York

With Juneteenth this year elevated to the status of a federal holiday, activists are asking: What next? Some are calling on lawmakers to abolish forced prison labor , a system that “employs” a disproportionate amount of people of color. It’s an ugly legacy of slavery in the U.S. that many want removed, including OZY reader Monique Lewis. “Take capitalism out of the prison systems. Prison labor should not be used for commercial purposes. If the commercialization incentive is gone, perhaps we will start to see equitable and fair treatments,” she says. Of the around 2 million adults incarcerated in American jails, nearly all able-bodied inmates are at work.

IDEA

03

Ben Arquit

23 | Legislative Fellow | Colorado

The much-debated, drawn-out compromise on President Joe Biden’s proposed $1.2 trillion dollar infrastructure bill has laid bare the divisions in Congress. On Thursday, House Democrats passed a $715 billion transportation spending bill that  sets a baseline for the partys negotiations with Republicans on the broader spending deal. For conservative-leaning OZY reader Ben Arquit, who works on Capitol Hill, the debate over the bill is a perfect example of the increasing polarization within both parties. “Both parties don’t want to put forth a bill that their whole constituency won’t vote for, the only stuff that hits the floor is brought out when 100% of your party supports it.” For some progressives, the bill isn’t ambitious enough, and for others in the Democratic Party, it is far too ambitious. It’s a familiar pattern for Arquit. He’s seen a “lot of really great bills, that a majority of the party supports, but not the whole party, so it never makes it to the floor or into law.” Arquit feels that the cause for this funky phenomenon is that representatives, and Americans alike, feel like they need to “check all the party boxes” if they are going to claim to be a Democrat or a Republican.

IDEA

04

Lauren Boebert

34 | Member of Congress |

Critical race theory has been in the news a lot lately, and it’s shaping up to be an issue that could divide voters during the next election cycle. U.S. Rep. Lauren Boebert has been a vocal opponent of critical race theory being taught in schools. In a June 8 news release, she called the theory a mechanism to “teach children to hate each other.” Critical race theory is a 40-year-old concept that correlates the experience of people of color in the U.S. with their race, and the systematic factors which determine their experience as a product of racism and white superiority. Boebert isn’t its only critic, but she is one of its loudest, especially on Twitter. Ultimately, she wants critical race theory to be banned from schools, even though teaching the concept is not mandatory nationwide.

IDEA

05

Tony Shu

21 | Student | Massachusetts

Homelessness in the U.S. rose for the fourth straight year in 2020 and has only increased since then due to the pandemic. With the end of the eviction moratorium looming, it’s expected to get even worse, especially for young adults, this summer. Could companies such as OZY Genius Award winner Tony Shu’s be the solution? Shu tells OZY he started Breaktime in Boston to “break the cycle of young adult homelessness through transitional employment.” Breaktime focuses on the most “critical factor to achieving stable housing, by providing a living wage job for three to six months.” His company also partners with organizations to create jobs that are “purposeful and community facing, positively impacting the confidence and sense of purpose within a young adult.” A sense of confidence is something that young adults facing the intense stigma around homelessness or joblessness sorely need. 

Read more about his project

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IDEA

06

Aari McDonald

22 | WNBA Player | Georgia

Not many 22-year-olds are talented or driven enough to make it to the WNBA. But Aari McDonald, following a stellar career at the University of Arizona, is playing her first season with the Atlanta Dream. The team played a major role in Georgia’s elections when they endorsed Dr. Raphael Warnock over the team's former owner, Kelly Loeffler, and spoke out in support of Black Lives Matter. McDonald describes to Carlos Watson how her teammates adopted an open discussion policy about the issue. “Hey, if you want to talk to us, we're here. If you need to know anything, we're also here. We can talk. If you want to have a challenging situation or conversation, we can have that . . . this is a safe space, and we respect everyone's responses.” McDonald also points out that as much as they deserve to be known for their activism, they also deserve to be known for being the ballers that they are. For McDonald, sports and activism go hand in hand.

Watch on OZY

IDEA

07

Navid Negahban

53 | Actor | California

When actor Navid Negahban arrived in Hollywood, he quickly realized how easy it was for someone like him, a former refugee and non-native English speaker, to be taken advantage of. Born in Iran, Negahban fled to Germany in 1985 amid the Iran-Iraq War. He arrived in the U.S. in 1993 and struggled to find his footing in Los Angeles. “Most of the time, especially when I was in L.A., I was sleeping in my car,” he says on The Carlos Watson Show. “And I was sleeping on the park benches, and the trunk of my car was my office.” His experiences led him to start an artist collective in Los Angeles dedicated to helping refugees like him find their way in the City of Angels. “I’m trying to create a space like a support system,” Negahban explains, reflecting his determination to help diversify Hollywood and assist fellow refugees. 

Watch Now

IDEA

08

Fawzia Koofi

46 | Women’s Rights Activist | Afghanistan

America’s withdrawal from Afghanistan has raised questions about the ability of the Afghan government to deal with the Taliban. Those concerns are shared by politician and activist Fawzia Koofi, who is part of ongoing peace negotiations between Afghanistan's parliament and the Taliban. “President Biden’s announcement . . . put the Taliban in a position where they will win anyway: militarily or politically,” she says, noting that the withdrawal announcement should have come after the countries had reached a political settlement. Koofi believes that the way forward for Americans is to reinvest in protecting Afgan women and their right to education. “Americans were not in Afghanistan because they wanted to protect women . . . but they were here, and women allied with them. They should continue to financially support women’s education, employment and institutions that help women.”

Read more on OZY

IDEA

09

Dan Eggers

19 | Student | Alabama

Being a trans student carries a host of challenges, including feeling like you have to educate your teachers about your identity. OZY Genius Award winner Dan Eggers is all too familiar with feeling like it’s his responsibility to inform the people around him about his gender identity. This is why he created a training program to help educators create safe spaces for trans students. Such understanding, he believes, is more essential than ever. “If you don’t know us, of course we are going to seem scary and unknown,” Eggers says. “I’ve seen that the people proposing these bills against trans youth have come out and admitted that they have never met a trans youth in their life. So it’s a lack of knowledge that’s leading this discrimination and hate.”

IDEA

10

Joel Baraka

23 | Student | Wisconsin

There is no better food for a child’s brain than games, according to OZY Genius Award winner Joel Baraka. Baraka grew up in a refugee camp in Uganda after his family fled civil war in the Democratic Republic of Congo. Now, the 23-year-old attends the University of Wisconsin and is pursuing a degree in civil engineering. Baraka was inspired by his experiences to create the board game 5 STA-Z, which he designed to help deliver an education alongside a slice of fun. Board games are the perfect avenue for both because, according to Baraka, “People [in refugee camps] don’t even have phones, don’t have laptops, so online learning is almost impossible.” He tells OZY, “It’s so amazing to know that I’m helping children from home.” Are board games the future of learning?

Read more on OZY

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