As its peers in the region see their oil production slipping Brazil's state-controlled oil company Petrobras is entering a new era as the region's silent giant.
The leaders of 20 countries agreed to work more closely, but put off thornier questions until next year, in an early challenge for the Obama administration.
AP - Southern Californians endured a third day of destruction Saturday as wind-blasted wildfires torched hundreds of mobile homes and mansions, forced tens of thousands of people to flee and shut down major freeways.
AP - A raid by U.S. coalition troops in eastern Afghanistan killed five al-Qaida associated fighters and detained eight others, including a militant leader, the U.S. military said in a statement Sunday. Two U.S. troops were wounded in a suicide attack in the west.
AP - World leaders battling a dire and deepening economic crisis vowed Saturday to cooperate more closely, keep a sharper eye out for red-flag problems and give bigger roles to fast-rising nations — but kicked many hard details down the road for their next summit after President-elect Barack Obama takes office.
Wildfires driven by hurricane-strength winds tore through Southern California on Saturday for the second day in a row, destroying hundreds of homes, displacing thousands of people and forcing freeway closures and rotating blackouts.
NASA said Saturday that a piece of thermal blanket came loose from the shuttle shortly after Friday night's launch, and a balky antenna could affect radar and communications. However, officials said the day-old mission of space shuttle Endeavour, which is carrying seven astronauts to the international space station, is going smoothly.