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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The governor of Minas Gerais, Fernando Pimentel, declared a state of ‘financial calamity’ this week, claiming the state registers a deficit of R$8 billion due to the continuing increase in...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Rio State Governor Sérgio Cabral has said that relinquishing revenue from oil royalties, legally owed to the state, would be tantamount to committing a crime against the local population....
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