Mass demonstrations across Brazil against corruption and waning economic growth have highlighted that Russia is not the only BRIC nation off track.
A shakeup at the top won't fix Petrobras' most fundamental near-term problem: a mountain of debt coupled with low oil prices.
After more bad news, Brazil's embattled Petrobras will likely affect the wider fate of the Brazilian economy.
The energy giant is engulfed in a corruption scandal that could threaten to engulf Brazil's most senior politicians.
CNBC's Michelle Caruso-Cabrera discusses how the Petrobras scandal threatens the President of Brazil Dilma Rousseff.
There could be "damaging political implications" for Brazil's President Dilma Rousseff in the fallout from the Petrobras scandal, which could also affect investors directly says Jimena Blanco, senior analyst for Latin America at Maplecroft.
October was a rough month for much of the hedge fund crowd, where many players underperformed the U.S. stock market and wound up with big losses.
Oil dropped below $80 per barrel on Monday morning, and falling prices could impact job growth in the shale industry.
Edwin Gutierrez, head of emerging market sovereign debt at Aberdeen Asset Management, says low unemployment and rising wages are helping the popularity of incumbent President Dilma Rousseff.
Arminio Fraga, the man who could become finance minister of Brazil, knows what he wants to do to help that country's economy.
Nicholas Spiro, managing director at Spiro Sovereign Strategy, says Brazil's incumbent Dilma Rousseff is "reform shy" but this has put her ahead in the election race dues to Brailians' "fear of change".
Andrew Palmer, Americas editor at The Economist, discusses how Brazil's President Dilma Rousseff has increased her popularity quickly, after polls showed her behind rival Marina Silva ahead of the elections.
Carlos Caicedo, senior principal analyst for Latin America at IHS, says Brazilian incumbent Dilma Rousseff will need to "reassure" markets if she wins the election to avoid the country growing at a "meagre" pace.
Fortress Investment Group executive Gareth Henry thinks Brazil is the best place to invest in over the next year.
Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity.
Brazilian markets have gone bullish on the recent surge of a candidate who could knock Dilma Rousseff out of the presidency in October.
Ilan Solot, vice president of foreign exchange at Brown Brothers Harriman, and Adrian Landgrebe, CEO and founder of Sagil Capital, discuss how the Brazilian elections will impact investors.
Irene Mia, regional director of Latin America and the Caribbean at EIU, says investors are "confused" over economic policy in Brazil and this is holding back an economic recovery.
At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.
BRASILIA/ SAO PAULO, Nov 6- Brazil's government will exclude up to 42 billion reais in public spending from the calculation of the so-called primary budget surplus this year, Finance Minister Guido Mantega said on Tuesday, in an accounting maneuver aimed at meeting a closely watched budget target.