Economy

Economy October 12, 2016 | 9:18 am

Brazil scandal halts major works in the Dominican Republic, AFP

Rio de Janeiro.- Brazil State-owned bank BNDESon Tuesday announced it will temporarily stop disbursing around US$4.7 billion tofinance projects abroad by companies linked to the Petrobras corruption scandal,AFP reports..

The measure includes Odebrecht and AndradeGutierrez, with extensive contracts in the Dominican Republic, including hydroelectricdams, bridges and roads.

Since May, ... Read more

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