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Brazil Probe of Petrobras Seen Spurring Positive Business Agenda

A corruption probe at Brazil's state-run oil company, Petrobras, is likely to promote less government intervention and more transparency, economists and analysts said on Tuesday. The investigation could, however, also stir more political infighting, extend the scandal to other state companies and even put the brakes on an expected economic recovery next year, said Chris Garman, head of Latin America at political risk consultancy Eurasia Group. Garman and other speakers at a seminar...

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