| Page 2 of 2 < |
INTERNATIONAL BRIEFING
Warren E. Buffett is on a tour of Europe.
(Santi Burgos - Bloomberg News)
TOOLBOX
   Resize
COMMENT
 Discussion Policy
 CLOSE
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Who's Blogging  |
While preference will be given to Brazilian-built equipment, foreign contractors and yards will also be allowed to bid on the ships, the Petrobras statement said.
PAKISTAN
Rupee Hits Record Low Against Dollar
Pakistan's currency hit a new low against the dollar, sliding to 70 to the dollar in interbank trading before recovering to close at 69.7, as concern mounts about the country's economic problems and its government's ability to tackle them.
The rupee is under immediate pressure from the price of crude oil, which rose above $130 a barrel in Asia and has roughly doubled in the past year.
Oil companies have been buying more dollars to pay off their imports and to cover year-end bills for imports and shareholder dividends.
Compiled from reports by Washington Post staff writers, the Associated Press and Bloomberg News.
