Offshore in depth ///

It’s easy to feel sympathy for Brazil after the series of calamities that it has experienced over the last 18 months. The country suffers from a severe, lingering recession, driven largely by the fall in commodity prices since 2014. The poor economic conditions and a huge corruption scandal involving Petrobras, the country’s most prominent company, ruined the political fortunes of Brazil’s first woman president, Dilma Rousseff, who was impeached on Aug. 31, 2016.

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