Tuesday, April 21, 2015 - 07:16
Buried off the coast of Brazil, beneath miles of seawater, rock and salt, lie vast oil reserves -- at least 50 billion barrels -- that were supposed to yield untold riches for this nation. But, as so often happens in Brazil, the early promise of this sprawling prehistoric geological formation known as the pre-salt is giving way to gloom.
Wednesday, March 14, 2012 - 00:00
Even after decades of trying to reduce dependence on commodities, Brazil's biggest exports in 2011 were iron ore, crude, soy, sugar cane, coffee and chicken.
