Brazilian President Dilma Rousseff's approval ratings are likely to remain relatively consistent in the coming months unless there is substantial evidence of wrongdoing on her part or that of her close associates with regard to an unfolding corruption scandal at state-owned oil company Petrobras.
Planned subsidy reform will help Brazilian national oil company Petrobras address rising pressures on its balance sheet. Brazil's fuel subsidies, which are paid for by Petrobras, have proved unsustainable, driving up the company's heavy debt burden.
The Brazilian ethanol sector would benefit from a win by Partido Socialista Brasileiro candidate Marina Silva in the country's upcoming presidential election. Latest polling data shows that Silva is virtually tied with President Dilma Rousseff of the Partido dos Trabalhadores in both the first and second rounds.
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