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No End in Sight for Brazil’s Petrobras Scandal

August 05, 2015

Brazil’s current political crisis began at a gas station in Brasília. When federal police raided a currency exchange booth in the station on March 17, 2014, they stumbled upon a network of political corruption that has cost state oil giant Petrobras at least $2 billion. Since then, more than 50 politicians have come under federal investigation, more than a dozen businesspeople have been arrested, and hundreds of thousands of protesters have taken to the streets, banging pots and pans and calling for President Dilma Rousseff’s resignation.

The unfolding scandals have left a cloud of...

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