Brazil Can Thank Its President for Its Current Crisis

Brazil Can Thank Its President for Its Current Crisis

Columbus, Ohio, is a long way from Brasilia, but thanks to a bunch of angry seniors and a lot of muck, these distant compass points in the Americas are now on a collision course.

This week, Ohio Attorney General Mike DeWine filed a motion on behalf of state pensioners over losses on investments in the corruption-riddled Brazilian oil major, Petrobras.

“The allegations against Petrobras are so egregious we have no choice but to take action on behalf of Ohio’s public employees and retirees," DeWine told reporters in Columbus on Feb. 9.

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