Yahoo! News: Brazil

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• Petrobras becomes third biggest oil firm (AFP)
• Literacy test dims clown's bid for Brazil congress (AP)
• Lula's 'Bolsa Familia' a vote-winner in Brazil (AFP)
• Brazil's candidate Rousseff under fire in TV debate (Reuters)

Petrobras becomes third biggest oil firm (AFP) Posted: 27 Sep 2010 04:26 PM PDT AFP - Brazil's state-run Petrobras became the world's third-biggest oil firm by market capitalization Monday as it completed a record share issue expected to bring in around 70 billion dollars.

Literacy test dims clown's bid for Brazil congress (AP) Posted: 27 Sep 2010 01:05 PM PDT AP - Brazilians seem eager to put a clown in Congress, according to the polls. But the courts are taking a less jovial look at a new report that the comic doesn't meet a legal requirement that lawmakers be able to read and write.

Lula's 'Bolsa Familia' a vote-winner in Brazil (AFP) Posted: 26 Sep 2010 10:09 PM PDT AFP - If, as expected, Brazil's ruling party's presidential candidate Dilma Rousseff sweeps the October 3 election, it will be in no small part due to the "Bolsa Familia" welfare handouts to her country's poor.

Brazil's candidate Rousseff under fire in TV debate (Reuters) Posted: 26 Sep 2010 08:00 PM PDT Reuters - Brazil's ruling party candidate and front-runner in next week's presidential election came under heavy fire in a TV debate on Sunday over corruption allegations and her government's relationship with Iran.

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