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Brazil’s oil windfall distribution debate takes off in the streets of Rio do Janeiro

Tuesday, November 27th 2012 - 20:40 UTC
Full article 3 comments

Thousands of people took to the streets in Rio do Janeiro on Monday to urge Brazilian President Dilma Rousseff to veto a bill that local officials say could cost Rio state billions of dollars in lost oil revenue, and cripple plans to host the World Cup and Olympics. Read full article

Comments

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  • ProRG_American

    Good News!!
    http://www.buenosairesherald.com/article/117937/falkland-oil-and-gas-loses-half-its-value-on-malvinas-disappointing-results

    What Next?
    Judge Greisas Ruling overturned by appeal?
    ARA Libertad is freed from captivity?
    Grain Prices Soar?
    New Major oil discovery in patagonia?
    World Bank says Argentina rduced its poverty by 50%?
    World Bank says Argentine middle class the fastest growing in the region?
    Argentina pays it's cooperative bond holders on time?
    Cristina's chances for reelection suddenly skyrocket?

    HOOOoooooo! Shrugging shoulders......It gives me chiiiils all over my body.

    Nov 27th, 2012 - 09:06 pm - Link - Report abuse 0
  • Warthog

    What a bulls**t! Only city officials are behind this and paying money for people to come in to the “riot” which sounded more like Samba caravan. Local people don't care or they say “yes” for money distribution over the country. Natural resources of Brazil belongs to entire nation, not one city with lousy plans and even worse execution. Very lame excuse to have royalties for next 50+ years to come in to Rio because of Olympics and World cup in next few years. Lets please keep these things separated.

    Nov 28th, 2012 - 12:24 pm - Link - Report abuse 0
  • British_Kirchnerist

    Seems like the principle of the bill is right, just as I oppose the SNP's ridiculous anti-English “it's Scotland's oil” campaign”, but perhaps allowances should be made for the Olympics and World Cup

    #1 Great to see you seeming more on board with re-election now my friend =)

    Nov 28th, 2012 - 10:58 pm - Link - Report abuse 0

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