Analysis - Brazil squanders oil bonanza even as Rousseff declares victory


  • World
  • Wednesday, 03 Sep 2014

Presidential candidate Dilma Rousseff of Workers Party (PT) waves to the crowd before she takes part in a TV debate in Sao Paulo September 1, 2014. REUTERS/Paulo Whitaker

RIO DE JANEIRO (Reuters) - Brazilian President Dilma Rousseff has put her government's oil policies front and centre in her re-election campaign.

TV ads show dramatic views of giant, floating oil platforms and new refineries under construction. The message: her leftist government is turning an offshore oil bonanza into schools, hospitals and jobs, propelling Brazil into the ranks of developed nations.

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