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UPDATE 2-Brazil judge orders ex-president Lula jailed by Friday [Reuters]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: Reuters
Brazil's left shaken by prospects of Lula jail, markets rally | Reuters 5 Min Read BRASILIA (Reuters) - A Brazilian Supreme Court decision that cleared the way for convicted former president Luiz Inacio Lula da Silva’s imprisonment plunged the left into disarray and increased the chances a centrist will win the October election, analysts and political foes said on Thursday. Brazilian financial markets rallied on the Supreme Court ruling early Thursday to reject Lula’s plea to remain free until he exhausts all his appeals of a corruption conviction. The decision likely ends his political career and any chances he has of running for president, despite opinion polls showing he is the front-runner. A defiant Workers Party, founded by Lula, said its supporters would take to the streets to defend his right to run. A candidate is forbidden by law from running for elected office for eight years if convicted of a crime. “Lula continues to be our candidate, because he is innocent, and because h Show less Read more
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