Brazil Presidential Chief of Staff Padilha says Government's Economic Measures are Responding to "emergency Situation"

Brazil Planning Minister Juca says Aiming to Avoid Type of Measures Taken in Greece and Italy, Reducing Pensions for Elderly

Talks Between Iraq and Foreign Oil Firms Over Budgets Ongoing, No Agreement Yet - Iraqi Official

Some Foreign Oil Firms Might Halt Iraq Operations if Budgets Cut - Iraqi Official

Foreign Oil Firms Resisting Budget Cuts proposed by Iraq - Senior Iraqi Oil Official