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Brazil's Rousseff Pledges to Tighten Operations at Petrobras

Brazilian President Dilma Rousseff vowed Thursday to help implement tough corporate governance standards at state-controlled oil producer Petroleo Brasileiro SA, which is grappling with the worst corruption scandal in its history. At a speech in Brasilia, Rousseff urged Brazilians not to lose faith in the company, commonly known as Petrobras and for years the nation's flagship firm. She called on the nation to engage in a "pact to fight corruption," which should lead to a...

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