So Brazil should really stop all international commerce until it cleans up its parliament, judiciary, public companies and unions of corruption because all transactions by association are corrupt.
What's to say the newly approved divestment process hasn't been formed by corrupt processes or corrupt hands? Who can we really believe is on the right side of the law in all this? The communist in SE Asia told the people they were right as well before they enriched themselves following the removal of democratic leaders and democratic ways of government. The same people they said were corrupt.
Things haven't got better in Brazil overnight, nor will they. Good luck if Brazil can attract international business at international market prices during this period of uncertainty. The sovereign risk is high and potential partners or bidders will rightly discount their offer.
I think you are naive to think that Petrobras will not be commercially harmed by these injunctions and changes to processes. Those who've tried to sell their house by an auction process will know that once it is passed over the first time, the second time around it never attracts the same or higher price than the first failed auction. Beyond politics, taxes will rise and the public will pay for any shortfall in government income. That's just how micro and macroeconomics works.
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