ABU DHABI / GULF TIME In a groundbreaking moment for luxury real estate, the German ...
Read More »Petrobras boomtown turns desolate as billions vanish
Bloomberg Located just 30 miles east of Rio de Janeiro’s bustling Copacabana beach, Itaborai looks like many oil boomtowns after the bust — except the deserted stores and empty glass towers that loom over this town of 220,000 speak of some bigger cataclysm than the collapse of crude prices. “They said this would be the new oil city,†says Jefferson ...
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