Brazil Daily

Another “victim” of Operation Car Wash

Good morning! Another construction behemoth involved in Operation Car Wash could soon face bankruptcy. The Senate is poised to amend the pension reform bill. And Brazil could lift some visa restrictions to Chinese citizens. Enjoy the read!


Another “victim” of Operation Car Wash

A month ago, the Odebrecht construction group filed for a court-supervised judicial recovery process—one step away from bankruptcy.

The company was severely hit by Operation Car Wash, after its schemes to bribe politicians were uncovered by investigators. OAS, another construction behemoth, is inching close to collapse. According to reports filed...

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