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Macaé, Oil Rush Boomtown

By Sarah Coursey, Editor

RIO DE JANEIRO - With an economy that grew 600 percent in the last ten years – a boom greater than China's – Macaé is a city bubbling in new business, most of it lubricated by the same black gold that has sliced Brazil's poverty in half in the new millenium. The development of the oil and gas industry, and specifically the set-up of Petrobras in the Rio de Janeiro state locale, has transformed Macaé from a small fishing village into a respectable metropolis.

Today the city boasts oil workers not just from Rio de Janeiro . . .

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