Brazil's securities industry regulator accused the former board of state-run oil producer Petrobras of setting a fuel pricing policy that misguided investors and hurt the company.
A blackout late Tuesday hit eleven states of Brazil, six of which are scheduled to host the 2014 World Cup next June. Apparently a peak of demand caused by a heat wave had the grid down, but the government of President Dilma Rousseff attributed the incident to a disturbance in the National Integrated System Operator (ONS).