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 →
Petrobras Scandal Widening as Braskem Named in Morass
Petrobras Scandal Widening as Braskem Named in Morass By Filipe Pacheco Gerson Freitas Jr 8:00 PM BRT March 15, 2015 (Bloomberg) – The staggering reach of Petroleo Brasileiro SA’s corruption scandal is getting even bigger. Braskem SA, Latin America’s biggest petrochemicals maker by sales, became the latest company implicated in testimony alleging it paid bribes... 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 →
How to rescue Petrobras
How to rescue Petrobras Nick Butler | Mar 15 11:54 | FT BlogShare The corruption investigation initiated by the Brazilian prosecutor, Rodrigo Janot, into 54 individuals including leading politicians is just beginning. The allegations behind the inquiry concern the diversion of huge amounts of money from Petrobras, the state oil company. No one know how much money is involved,... Continue Reading →
One million join anti-Rousseff protests in Brazil
http://www.ft.com/cms/s/0/fff8df34-cb1e-11e4-bac3-00144feab7de.html#ixzz3UYD2g6Fe Last updated: March 16, 2015 1:52 am One million join anti-Rousseff protests in Brazil Samantha Pearson and Aline Rocha in São Paulo Protesters on the march at Copacabana beach in Rio de Janeiro on Sunday. There were demonstrations all over Brazil More than a million protesters took to the streets of Brazil on Sunday to... Continue Reading →