By Brennan Stark, Contributing Reporter
RIO DE JANEIRO, BRAZIL - A bill to distribute oil royalties more evenly amongst Brazil's 27 states passed its first hurdle when it received approval from Brazil's Senate last Wednesday, October 19th. The proposal now faces a tough November vote in the lower house of Congress and a torrent of potential lawsuits by those oil-producing states that stand to lose billions.
The plan would see major producer states such as São Paulo, Rio . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here