Rousseff’s Royalties Veto Blocked: Daily

By Lucy Jordan and Leo Byrne, Contributing Reporters

RIO DE JANEIRO, BRAZIL – After some five hours of impassioned speeches and spirited debate, Brazil’s Congress early Thursday morning voted to overturn President Dilma Rousseff’s line-item vetoes of a new oil royalties bill, under which Rio de Janeiro state and other oil-producing states will lose billions in revenue.

In protest, Rio, which says its loss of R$3.1 billion will imperil preparations for the Subscribe to our Premium Membership Plan. Already Subscribed?