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Rio Looks to Limit New Oil Royalties Bill

By Andrew Willis, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazilian President Dilma Rousseff has until November 30th to decide whether she will veto sections of a controversial new bill, set to see oil royalties distributed more evenly among all Brazilian states. Late on Tuesday, it was reported that Rio de Janeiro governor Sérgio Cabral will lead a rally to protest the bill on November 26th in Centro.

At present, oil-producing states such as Rio de Janeiro, Espirito . . .

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