World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Brazil’s Petrobras Reports Nearly $17 Billion in Asset and Corruption Charges
Keywords:
Of the $17 billion in writeoffs by Petrobras for overvalued assets and bribe payments, about $2.1 billion is for bribe payments. This is affecting public confidence in the government, and exposing the weak links between Petrobras and the government in Brazil.
Corruption in Brazil- the investigation at Petrobras in 2014-2016
12/04/2014
Grouped Articles
Former Petrobras Executive to Return $100 Million in Corruption Probe
Wall Street Journal 12/04/2014
Petrobras CEO Leaves Open the Possibility of Resignation
Wall Street Journal 12/18/2014
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal
Wall Street Journal 04/07/2015
An Escalating Corruption Scandal Rocks Brazil
Wall Street Journal 04/13/2015
Brazil’s Petrobras Reports Nearly $17 Billion in Asset and Corruption Charges
Wall Street Journal 04/23/2015
Brazil Arrests the Heads of Construction Giants in Graft Probe
Wall Street Journal 06/19/2015
The work of Judge Sergio Moro, and prosecutors led by Deltan Dallagnol, to strengthen the legal system in Brazil for tackling corruption
04/07/2015
The story of the Petrobras investigation in Brazil is the result of the hard work put in by six prosecutors in the Brazilian city of Curitiba. Their hope is to bring some aspects of the U.S. legal system to Brazil to reduce the level of corruption. It comes at a time when there is a greater awareness in Brazil- and in many developing countries such as Brazil, Nigeria and others- of the cost of waste of public funds. In Brazil essential services including transportation have suffered for lack of funds, leading to public protests. A huge amount of borrowing took place in the last 10 years resulting in a debt crisis and credit crunch in the country which is likely to lead to low or stagnant growth.
Grouped Articles
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal
Wall Street Journal 04/07/2015
An Escalating Corruption Scandal Rocks Brazil
Wall Street Journal 04/13/2015
Brazil’s Petrobras Reports Nearly $17 Billion in Asset and Corruption Charges
Wall Street Journal 04/23/2015
Brazil Arrests the Heads of Construction Giants in Graft Probe
Wall Street Journal 06/19/2015
With Arrest of Marcelo Odebrecht, Brazil’s Corruption Probe Moves to the Penthouse
Wall Street Journal 06/19/2015
Brazil Arrests Head of Odebrecht in Petrobras Scandal
New York Times 06/19/2015
Petrobras share price and financial performance
01/11/2008
Grouped Articles
Petrobras Investors Feel the Give and Take of Government
Wall Street Journal 04/15/2013
Petrobras Pays Price for Being Brazil's Champ
Wall Street Journal 07/08/2013
Brazil’s Star, Petrobras, Is Hobbled by Scandal and Stagnation
New York Times 04/15/2014
Despite Obstacles, Petrobras Shares Are on Rise
Wall Street Journal 07/24/2014
Overheard: The Fall of a National Champion
Wall Street Journal 11/15/2014
Petrobras CEO Leaves Open the Possibility of Resignation
Wall Street Journal 12/18/2014
"Operation Car Wash" in Brazil- the young prosecutors in Curitiba, Brazil, who traced the fund laundering for bribe payments at Petrobras
04/07/2015
Grouped Articles
Roots of a Brazilian Scandal That Weighs Heavily on the Nation’s Economy, Politics
Wall Street Journal 06/19/2015
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal
Wall Street Journal 04/07/2015
Brazil’s Petrobras Reports Nearly $17 Billion in Asset and Corruption Charges
Wall Street Journal 04/23/2015
Petrobras Oil Scandal Leaves Brazilians Lamenting a Lost Dream
New York Times 08/07/2015
Ex-President of Brazil Sentenced to Nearly 10 Years in Prison for Corruption
The New York Times 07/12/2017
Petrobras corruption investigation in 2014
11/15/2014
Grouped Articles
Petrobras Scandal Widens, Earnings Delayed
Wall Street Journal 11/15/2014
Overheard: The Fall of a National Champion
Wall Street Journal 11/15/2014
Petrobras CEO Leaves Open the Possibility of Resignation
Wall Street Journal 12/18/2014
Petrobras CEO and Five Other Executives Resign
Wall Street Journal 02/05/2015
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal
Wall Street Journal 04/07/2015
Brazil’s Petrobras Reports Nearly $17 Billion in Asset and Corruption Charges
Wall Street Journal 04/23/2015
Petrobras performance
01/11/2008
Grouped Articles
Petrobras Investors Feel the Give and Take of Government
Wall Street Journal 04/15/2013
Petrobras Pays Price for Being Brazil's Champ
Wall Street Journal 07/08/2013
Fracking Leaves Brazilian Oil Lacking
Wall Street Journal 10/22/2013
Petrobras Sets Ambitious Capital Budget
Wall Street Journal 06/22/2010
Brazil’s Star, Petrobras, Is Hobbled by Scandal and Stagnation
New York Times 04/15/2014
Brazil's President, Petrobras CEO Defend No-Bid Oil Production Rights Deal
Wall Street Journal 07/02/2014
Petrobras and the $17 billion writeoff for overvalued assets and bribe payments in 2015
04/23/2015
About $2.1 billion of this was writeoff for bribe payments. The corruption investigation is showing the weak links between the government and Petrobras, and affecting public confidence in the government.
Grouped Articles
Brazil’s Petrobras Reports Nearly $17 Billion in Asset and Corruption Charges
Wall Street Journal 04/23/2015
Brazil Arrests the Heads of Construction Giants in Graft Probe
Wall Street Journal 06/19/2015
With Arrest of Marcelo Odebrecht, Brazil’s Corruption Probe Moves to the Penthouse
Wall Street Journal 06/19/2015
Brazil Arrests Head of Odebrecht in Petrobras Scandal
New York Times 06/19/2015
Brazil’s Petrobras Slashes Five-Year Investment Budget
Wall Street Journal 06/30/2015
Steeped in Crises, Petrobras CEO Looks to Chart New Path
Wall Street Journal 08/19/2015
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us