Petrobras - Dow Jones Sustainability Index Rio de Janeiro, March 16, 2015 – Petróleo Brasileiro S.A. – Petrobras announces that the Dow Jones Sustainability Index Committee has notified that the company is no longer a member of the Dow Jones Sustainability Index World (DJSI World) as of March 23, 2015. Petrobras had been part of... Continue Reading →
Brazilian Currency Leads Global Declines as Fitch Reviews Rating
Brazilian Currency Leads Global Declines as Fitch Reviews Rating By Paula Sambo 10:16 AM BRT March 17, 2015 (Bloomberg) -- Brazil’s real slumped to a 12-year low and led global declines as Fitch Ratings said it’s reviewing the nation’s investment-grade credit rating. The real depreciated 1 percent to 3.2786 per dollar at 10:02 a.m. in... Continue Reading →
Blow to Rousseff as PT treasurer charged
http://www.ft.com/cms/s/0/9606eae0-cc35-11e4-beca-00144feab7de.html#ixzz3Ue3c82Ov March 17, 2015 12:20 am Blow to Rousseff as PT treasurer charged Samantha Pearson in São Paulo ©AFP The treasurer of Brazil’s ruling Workers’ party has been formally charged over the Petrobras corruption scandal, dealing a huge blow to President Dilma Rousseff only a day after anti-government protests swept the country. Brazil’s federal prosecutors said on... Continue Reading →
Brazil Congress to Exploit Weakened Rousseff Rather Than Impeach
Brazil Congress to Exploit Weakened Rousseff Rather Than Impeach By Raymond Colitt 12:00 AM BRT March 17, 2015 A man wears a tee shirt calling for the impeachment of Brazilian President Dilma Rousseff during a protest near Copacabana Beach in Rio de Janeiro, Sunday, March 15. Rousseff’s rating has plummeted by 19 percentage points since... Continue Reading →
Former Petrobras Exec Snared by 20 Mln Euro Transfer
Former Petrobras Exec Snared by 20 Mln Euro Transfer By Anna Edgerton Sabrina Valle 4:24 PM BRT March 16, 2015 (Bloomberg) -- A former director at Petroleo Brasileiro SA, the state-run oil company at the center of Brazil’s largest corruption scandal, was arrested on Monday for a second time after he allegedly attempted to transfer... Continue Reading →
The march of the ides of March/The president’s inadequate response to massive demonstrations against her
Protests in Brazil The march of the ides of March The president’s inadequate response to massive demonstrations against her Mar 16th 2015 | SÃO PAULO The Economist DILMA ROUSSEFF, Brazil’s president, was expecting the anti-government protests scheduled for March 15th to be big. She convened a meeting of a crisis group at her official residence to monitor... Continue Reading →
Petrobras / Start-up of platform P-61 in Papa Terra field
Petrobras / Start-up of platform P-61 in Papa Terra field Rio de Janeiro, March 16, 2015 – Petróleo Brasileiro S.A. – Petrobras announces the start-up of platform P-61 in Papa Terra field, in the southern tip of Campos Basin, 110km off the coast of Brazil and at a water depth (distance between water surface and... Continue Reading →
Brent down 3 percent, U.S. crude at six-year low on growing stocks, Iran talks
Brent down 3 percent, U.S. crude at six-year low on growing stocks, Iran talks BY BARANI KRISHNAN - Reuters NEW YORK Mon Mar 16, 2015 6:07pm GMT A customer fills his Aston Martin DB9 car at a petrol station, in south London, March 2, 2011. CREDIT: REUTERS/ANDREW WINNING (Reuters) - Brent oil fell about 3 percent... Continue Reading →
Brazil’s protesters: it’s worse than they think
Brazil’s protesters: it’s worse than they think Jonathan Wheatley FT / Beyondbrics | Mar 16 12:56 | It was a cathartic weekend for Brazilians, as more than a million people took to the streets to show their discontent with the government in scenes not seen since the mass demonstrations that preceded the impeachment of President Fernando Collor de... Continue Reading →
Brazil’s poor turn their backs on Rousseff
http://www.ft.com/cms/s/0/c7c4955c-cbbb-11e4-beca-00144feab7de.html#ixzz3UYH0COUT March 16, 2015 11:00 am Brazil’s poor turn their backs on Rousseff Samantha Pearson in São Paulo Among the estimated 1m Brazilians who took to the streets of São Paulo on Sunday to call for Dilma Rousseff’s impeachment over the Petrobras corruption scandal, it is people like Maria Pereira who will cause the president most concern.... Continue Reading →
