Thursday, December 30, 2010

[Video] CNBC - Blackrock's Will Landers on Brazil

Excellent oversight on the Brazilian market by Blackrock's Will Landers in this video via CNBC.  One amazing note is the capital expenditure budget for Petrobras (PBR) over the next 5 years: $250 Billion.... i.e. $150 million A DAY!  An entire economic ecosystem can survive just rotating around the sphere that is PBR.

9 minute video but the discussion with Landers begins at the 2 minute mark


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