Oil prices, which fell below $97 a barrel on Monday, are not poised to surge in the long run because long-term production is declining. Better technology and, if needed, higher oil prices mean the long predicted peak in oil production is a long way off.
In a reversal, many Brazilians who left the country are coming back amid a strong economy and sense of expectation. In Rio, some are inspired, others disappointed.
Thanks in part to soybeans and iron ore, cars, and coffee, Brazil has overtaken Britain as the world's sixth largest economy - though there are some clouds on the horizon.
Emerging markets demand has doubled world oil consumption in five years. To meet rising demand from emerging markets, Petrobas plans to increase production to 3 million barrels a day by 2015.
Brazilian politicians may push all of the blame for last week's oil spill onto Chevron, says blogger James Bosworth, to deflect public attention from risks of Brazil's nationalized deep water project.
Blogger Julia Michaels pulls out key points of an extensive Q&A from Epoca magazine with Rio state's top cop, particularly on the state's police pacification program in its many favela slums.
Hacker group LulzSec took down Brazilian government websites, while the group 'Anonymous' threatened cyberattacks against the governments of Chile and Peru.
Brazilian President Dilma Rousseff arrived in China today accompanied by 300 business leaders on a visit aimed at boosting a growing economic partnership.