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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (297)	5/28/2011 1:50:50 PM
From: elmatador	1 Recommendation Read Replies (2) \| Respond to of 2504

Investors concerned that state meddling will force Petrobras into less profitable activities are turning to start-ups like OGX Petroleo, HRT Participacoes and QGEP. Brazil had a lot to learn from the Scandinavian oil producer. With inflation in Brazil delicately high, the government can look to Norway, which is looking at 2011 core inflation of 1.3%. It is Norway’s sovereign wealth fund that has played a major part in this, the London paper says. Set up in 1996 to help preserve oil wealth for future generations, the fund also pulls dollars out of Norway’s economy. As Petrobras Drills, Investor Worries Mount and Oil Start-Ups Surge minyanville.com