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Ecuadorian Gov taking control of Brazil's Petrobras

14 years ago
read in the Economist magazine the following:
"Ecuador's government moved to toake over oilfields operated by brazil's Petrobras, which refused to accept new contract terms".
what does this mean if anything??

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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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Universal Tax Professionals
Universal Tax Professionals

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