What We’re Reading — 29 July 2016

Petrobras begins to right the ship
Petrobras Makes its Biggest Oil Field Sale Ever to Statoil (Bloomberg)

Lula finally formally charged for obstructing Lava Jato, feels 2018 chances slipping through his fingers
Lula vira réu (Estadão)

Mercosur, more rudderless than ever, as members can’t agree whether to let Venezuela preside
El Mercosur, en crisis: la presidencia quedó vacante por la falta de consenso sobre Venezuela (La Nación)

Just when you thought the Venezuelan people couldn’t suffer any more
Venezuela has a new 'forced labor' law that can require people to work in fields (VICE)

What Mandarin for ‘picanha'?
Beef Export Bonanza for Brazil as Chinese Eat More Foreign Steak (Bloomberg)