Guess Who Else Hearts Brazil?

Guess Who Else Hearts Brazil?
By Joy Tiz Friday, May 28, 2010

Coincidentally, the Puppet Master himself– unrepentant Nazi collaborator, George Soros has gone sweet on Brazil too:

Billionaire George Soros’sAdecoagro venture, which invests in agriculture and renewable energy in Latin America, is considering an initial public offering to help fund projects in Brazil that include a $700 million sugar mill.

Soros’ Adecoagro owns or leases about 840,000 acres of farmland in Argentina, Brazil and Uruguay growing coffee, soybeans and other commodities. Royal Dutch Shell Plc and Bunge Ltd. Are also expanding into ethanol in Brazil.

Adecoagro, founded in 2002 by investors including Soros to buy Argentine farmland after the peso crashed, plans to more than double sugar-cane crushing in Brazil to 11 million metric tons by 2016, from 4.8 million now, and also build a 6 million- ton cane processor in Mato Grosso do Sul state this year. It also may buy a Brazilian sugar mill, Vieira said in Sao Paulo.

Always one to hedge his bets, Soros is also invested in offshore oil drilling in Brazil, assisted by the American taxpayers. Newsmax:

The Wall Street Journal reports: ‘The United States, through the U.S. Export-Import Bank, has issued a ‘preliminary commitment’ of $2 billion and more if needed’ to Petroleo Brasileiro SA, a Brazilian government-owned oil exploration and development corporation known as ‘Petrobras.’

Soros Fund Management, LLC holds a stake in Petrobras of approximately $900 million as of December 31, 2009.

George Soros’ principal investments are in oil; one in particular is Petrobras, the Brazilian-owned company. This happens to be the largest investment in the Soros portfolio at the present time.

Now that word is out that the facilities of the U.S. Export-Import Bank SA is offering guarantees for loans to Brazil’s state-owned oil company Petrobras, U.S. citizens are beginning to complain.

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