As Petrobras scandal spreads, economic toll mounts for Brazil

April 20, 2015 2:58 PM

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As Petrobras scandal spreads, economic toll mounts for Brazil

ITABORAÍ, Brazil (Reuters) - For the 20 men hanging on at the Pousada do Trabalhador, a 600-bed boarding house on the dusty outskirts of this boom town northeast of Rio de Janeiro, the dream that Brazil's oil wealth would bring a better life was over.

Their jobs at Comperj, a $15-billion oil refinery being built here in Itaboraí by state-run energy giant Petrobras (PETR4.SA), are gone, and their employer - a mid-sized engineering company - bankrupt.

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