South And Central America
Like North America and Africa, the region is blessed with ample natural resources, water and farmland. It features climatic variety and easy access to the oceans. Its countries have avoided participation in major wars. The region is plagued, however, by inefficient governance and a lack of fiscal discipline, which has led to political instability, corruption and abrupt regime changes.
Reports on South And Central America See all →
Shadow over Brazil’s oil production outlook
Experts forecast a considerable growth of oil supply in Brazil, but similar predictions turned out to be overly optimistic in the past. For such predictions to become a reality, the Brazilian government would need to remove the regulations that discouraged large and private oil companies from investing during the latest licensing rounds.