http://www.ft.com/cms/s/0/bff9828e-ef28-11e4-87dc-00144feab7de.html#ixzz3ZCNaZgaN May 4, 2015 4:56 pm Brazil is suffering from recession and scandal President Rousseff’s new economic pragmatism faces a gruelling test FT View ©Reuters Brazilian President Dilma Rousseff is coming under increasing pressure In a world of near-zero interest rates, how about this? Last week, Brazil’s central bank increased its main interest rate to 13.25 per... Continue Reading →

5:31 pm ET May 3, 2015 Russia, Brazil Mistakes Show How Inflation Can Still Arise By MICHAEL J. CASEY/MoneyBeat Reuters Years of economic delusion have placed Brazil and Russia on track for a reckoning with a familiar old foe: inflation. In 2001, both countries were named along with India and China as part of the... Continue Reading →

Venezuela’s Allies Break Oil Habit As Caracas cuts back on subsidies to Caribbean nations, recipients are turning to renewable energy The Amaya wind farm, Nicaragua's largest, harnesses steady, strong winds that sweep across Lake Nicaragua. PHOTO: JOHN OTIS/THE WALL STREET JOURNAL By JOHN OTIS and KEJAL VYAS/WSJ May 1, 2015 11:21 p.m. ET RIVAS, Nicaragua—The steady breeze that... Continue Reading →

China Oil Industry, Experts Resist Proposal to Merge Companies China’s leadership instructed a team of advisers to explore ways to revamp the energy sector The Sinopec logo is illuminated at night at one of the company's gas stations in Hong Kong, China, March 19, 2015. PHOTO: BILLY H.C. KWOK/BLOOMBERG NEWS By LINGLING WEI And BRIAN SPEGELE/WSJ Updated May... Continue Reading →

http://www.ft.com/cms/s/0/3ae4c710-f23a-11e4-892a-00144feab7de.html#ixzz3ZAx24fRc May 4, 2015 10:49 am Prosecutors in Brazil investigate Lula for alleged influence peddling Samantha Pearson in São Paulo/FT ©AFP Former Brazilian president Luiz Inacio Lula da Silva Brazil’s federal prosecutors have opened a preliminary investigation into the country’s wildly popular former leader Luiz Inácio Lula da Silva for illicit influence peddling in Cuba,... Continue Reading →

Sat May 2, 2015 12:52pm EDT Brazil questions former president Lula's relationship with builder * Allegations emerged in magazine report * Construction projects funded in countries Lula visited * Building company Odebrecht denies wrongdoing BRASILIA, May 2 (Reuters) - Federal prosecutors in Brazil have opened a preliminary investigation into whether former president Luiz Inácio Lula... Continue Reading →

May 1, 2015 5:21 pm Oil’s strong rise in April boosts hopes price rout is over FT Reporters ©Getty Oil prices posted the strongest monthly gain since 2009 in April as US production showed signs of slowing, leading many traders to bet the worst of the oil rout is over. The international benchmark Ice June Brent... Continue Reading →