January 24, 2012
SouthAmerica: Stuart Varney a real clown.
Fox News â January 24, 2012
Brazil Finds Oil and Selling It to China - 3B dollars of your taxes At Work
<iframe width="420" height="315" src="http://www.youtube.com/embed/wxMw4MOEchY" frameborder="0" allowfullscreen></iframe>
Stuart Varney
Anchor of âVarney & Co.â from Fox News
At minute 4 of this video this clown from Fox News gives his opinion and he thinks that Brazil has to sell its oil to the United States, because the U.S. Export-Import Bank lent US$ 2 billion dollars to Petrobras in August 2009.
He is clueless that China's government lent US$ 10 billion dollars to Petrobras in 2009....
This clown from Fox News has no idea that Petrobras invest around $ 55 billion dollars per year, and that the US$ 2 billion dollars that the U.S. Export-Import Bank lent to Petrobras represents a little more than petty cash to Petrobras.
Since August 2009 Petrobras has invested about US$ 130 billion dollars.
Big deal, the U.S. Export-Import Bank invested US$ 2 billion dollars in Petrobras.
As usual Stuart Varney proved that he is an incompetent idiot with his silly comments on Fox News â this time with his comments about Petrobras regarding Brazil, China, and the USA.
***
Wall Street Journal â August 18, 2009
Obama Underwrites Offshore Drilling
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html
...The U.S. Export-Import Bank tells us it has issued a "preliminary commitment" letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees.
***
Wall Street Journal â July 22, 2011
Brazil Petrobras Approves $ 225 Billion Investment Plan
http://online.wsj.com/article/SB10001424053111903461104576462790105737046.html
...Petrobras said that it will invest $224.7 billion in the 2011-2015 period, up slightly from the $224 billion in outlays set in the 2010-2014 investment plan. Investments for 2011 were set at $55 billion, down slightly from the previous plan's projection of about $60 billion, Petrobras said.
***
Bloomberg News â April 14, 2011
Petrobras May Seek China Development Bank Loan After Borrowing $10 Billion
http://www.bloomberg.com/news/2011-...for-new-loan-from-china-development-bank.html
...Petrobras, Brazil's state-run oil company, is in talks with China Development Bank Corp. for a new loan after borrowing $10 billion from the policy bank in 2009, bank Chairman Chen Yuan said.
.
SouthAmerica: Stuart Varney a real clown.
Fox News â January 24, 2012
Brazil Finds Oil and Selling It to China - 3B dollars of your taxes At Work
<iframe width="420" height="315" src="http://www.youtube.com/embed/wxMw4MOEchY" frameborder="0" allowfullscreen></iframe>
Stuart Varney
Anchor of âVarney & Co.â from Fox News
At minute 4 of this video this clown from Fox News gives his opinion and he thinks that Brazil has to sell its oil to the United States, because the U.S. Export-Import Bank lent US$ 2 billion dollars to Petrobras in August 2009.
He is clueless that China's government lent US$ 10 billion dollars to Petrobras in 2009....
This clown from Fox News has no idea that Petrobras invest around $ 55 billion dollars per year, and that the US$ 2 billion dollars that the U.S. Export-Import Bank lent to Petrobras represents a little more than petty cash to Petrobras.
Since August 2009 Petrobras has invested about US$ 130 billion dollars.
Big deal, the U.S. Export-Import Bank invested US$ 2 billion dollars in Petrobras.
As usual Stuart Varney proved that he is an incompetent idiot with his silly comments on Fox News â this time with his comments about Petrobras regarding Brazil, China, and the USA.
***
Wall Street Journal â August 18, 2009
Obama Underwrites Offshore Drilling
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html
...The U.S. Export-Import Bank tells us it has issued a "preliminary commitment" letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees.
***
Wall Street Journal â July 22, 2011
Brazil Petrobras Approves $ 225 Billion Investment Plan
http://online.wsj.com/article/SB10001424053111903461104576462790105737046.html
...Petrobras said that it will invest $224.7 billion in the 2011-2015 period, up slightly from the $224 billion in outlays set in the 2010-2014 investment plan. Investments for 2011 were set at $55 billion, down slightly from the previous plan's projection of about $60 billion, Petrobras said.
***
Bloomberg News â April 14, 2011
Petrobras May Seek China Development Bank Loan After Borrowing $10 Billion
http://www.bloomberg.com/news/2011-...for-new-loan-from-china-development-bank.html
...Petrobras, Brazil's state-run oil company, is in talks with China Development Bank Corp. for a new loan after borrowing $10 billion from the policy bank in 2009, bank Chairman Chen Yuan said.
.
