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In 2003 when Goldman Sachs economists linked Brazil with Russia, India and China as the economies that would come to dominate the world, much contest aroused over the inclusion of Brazil. Many economists questioned how Brazil could participate amongst the ensemble since the country features a declining growth rate, victim to any outside financial crisis, and constant political instability does not make Brazil an appealing candidate as an arising force. China leads the world economy out of recession while Brazil was not far from behind. Brazil was unable to avoid the downturn, but was among the last to fall and among the first to recover with a growing economy again at an annual rate of 5%. With the development of new deep-sea oilfields over the next few years, Brazil's growth will rapidly escalate also a result of Asian countries heightened appetite for food and minerals from Brazil's ample land. Forecasts alternate but in the decades proceeding 2014 Brazil will emerge as the world's fifth largest-economy, excelling Britain and France, and in 2025 it is also speculated that Sao Paulo will be the fifth-wealthiest city. Brazil perhaps surpasses its competing members because unlike China, it is a democracy, unlike India; the country is not plagued with insurgents, or ethnic and religious conflicts, or hostile relationships with its neighbors like India has with Pakistan and Kashmir. In contrast to Russia, Brazil exports more than oil and arms, and has established more cordial relationships with foreign investors. Brazil's emergence has not been hasty but instead steady. Initiatives began in the 1990s when they established a coherent set of economic policies, and the Central Bank was granted autonomy, which stimulated development of new multinationals that may have previously been state-owned companies that are now prospering as a result of operating from a distance from the government. Weaknesses, however, still permeate throughout Brazil, so it is necessary to

Guatemala is experiencing a drastic inflation in necessary survival items such as food, housing, and clothing. This inflation concerns the entire country, especially the poor and children under five. In May of 2008, The Regional Ministerial Conference met "Towards the Eradication of Child Undernutrition in Latin America and the Caribbean" in Chile. The meeting hoped to find methods of preventing and eradicating child undernutrition in the region, especially under the inflated circumstances. Thousands of Guatemalan families are food insecure, and therefore many suffer from malnutrition. This article discusses the meeting last May; their goals, initiatives, and decisions.