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Petrobras Scandal Threatens Brazil's Political, Business Elite

A corruption scandal at state-run oil company Petrobras has entered a volatile new phase that could lead to jail for some of Brazil's best-known politicians and business leaders while making a likely recession even worse. A prosecutor's motion Tuesday to open investigations against 54 individuals, reportedly including the leaders of both chambers of Congress, means a swath of Brazil's political elite now feels threatened. The real-world consequences were made clear right...

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