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- UKRAINE : 27 April UPDATE: Barbie Doll Looking Model...Defends Appearance.
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- USA / SOCIAL MEDIA / GUN CULTURE: Santa Leaves Heat As Xmas Treats.
23 April 2013
BRASIL: Media Claim Batista's OGX...Running Out Of Money.
Billionaire Eike Batista is said to be literally dialing for dollars/reais...because some experts say his energy company OGX...will run out of $1.65 billion in cash by year's end.
OGX's high interest bonds shot up yesterday...after media speculation that Russian giant Lukoil might be buying 40% of the languishing company.
There was also a rumor that Malaysia was buying part of OGX's fields for $1 billion.
Recently...OGX has been shutting down wells...to save cash.
OGX stocks and bonds hit new lows last week after reports that its total crude production fell 26%...to just 8,300 bbl daily.
Batista...who once proudly boasted of being Brasil's #2 richest man...and eventually overtaking the globe's wealthiest man...Mexican telecom mogul Carlos Slim...lost a staggering $24.6 billion in worth last year.
But Eike is not poor...still worth $6.9 billion...on paper.