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FYI
Drill ,Drill, Drill
The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.
George Soros, major Obama backer and a long time democratic donor and financier of many liberal left-wing organizations, had previously invested $811 million this year in Petrobras. Soros’ investment in the Brazilian company is his largest single investment which represents approximately 22 percent of his total portfolio.
