More than a million protesters took to Brazil’s streets on Sunday to call for the impeachment of President Dilma Rousseff over an alleged multibillion dollar corruption scandal at state oil company Petrobras, reports Samantha Pearson.
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Extracting crude from Canada’s oil sands is expensive to set up. Whether these operations will be mothballed with oil around $50 per barrel is another matter. Lex’s Oliver Ralph and Alan Livsey discuss the outlook for crude production.
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The euro is heading towards parity with the US dollar. Economics correspondent Ferdinando Giugliano explains in 60 seconds why the single currency is at a 12-year low and what impact it could have for the eurozone.
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Europe’s equities have rallied 15 per cent of late, with the ECB’s quantitative easing under way, the euro sinking and the economy recovering. Lex’s Oliver Ralph and Robert Armstrong discuss whether there is still value to be found in European stocks.
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