Tag: Oil Royalty Distribution in Brazil
By Leo Byrne, Contributing Reporter
RIO DE JANEIRO, BRAZIL - The economic fallout from Congress’ divisive decision to overturn the presidential veto on the redistribution of oil royalties continued this week as the main oil producing states reviewed their budgets...
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...