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Tag: Oil Exports

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite continuing to set records for oil production in the past few months, net profits for Brazil’s giant oil conglomerate, Petrobras, plunged 25 percent, to R$10.3 billion in the first...
By Melissa Rossi, Contributing Reporter RIO DE JANEIRO, BRAZIL - While Brazil’s economic power-engine cools down as a reflection of the global financial crisis, the economy of the State of Rio de Janeiro continues to grow on the fast-track of...

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