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The new law is intended to restore much of the treasured Amazon Rainforest, parts of which had been clearcut in order to account for crop growth.

On June 24, President Dilma Rousseff issued a statement calling for the people to choose the necessary changes for political reform. Two days later, Marcus Vinicius Furtado, the president of the Brazilian Bar Association (OAB), stepped up to defend the president's idea.

Without gaining firm knowledge of the country's business laws, organizations could run into trouble as they set up shop locally or partner with Brazilian firms.

A press release dispensed by glendonTodd Capital LLC, a private equity firm, announced that Aztec Systems, Inc. - an IT outsourcing provider - and Toutatis Client Services - a technology company - have formed a merger.

Patent and copyright infringement, in particular, can pose difficult questions for foreign companies working in Brazil.