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Stock impact report

Behind Rio's deadly raid: Brazil's billion-dollar criminal networks [CNN]

MITSUI O.S.K. LINES U/ADR (MSLOY) 
Company Research Source: CNN
Soldiers?in?military gear engaged?in?violent combat. Bodies scattered on blood-slicked streets. These could be scenes from a?war?zone.? But on October 28, they unfolded not on a desolate battlefield but on the outskirts of Rio de Janeiro — a postcard city better known for its breathtaking coastline and lively bossa nova music scene. “Operation Containment” brought 2,500 police officers, soldiers and snipers up the slopes of Rio's?Complexo?da Penha and?Complexo?do Alemão favelas, home to?roughly?110,000?people. Their target was?the Comando?Vermelho (CV), or Red Command, a criminal organization?that?has ruled these hillside shantytowns?for decades. During the operation, at least 117 suspected?gunmen?and four police officers were killed, and about 100 people were arrested.?Authorities said they seized 118 weapons, including 91 rifles and 14 explosive devices, as well as a ton of drugs. The raid followed a year-long investigation into the Red Command and was triggered in part by t Show less Read more
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