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Rio De Janeiro Protests Evenly Dividing Oil Royalties With Non-Oil Producing States (PHOTOS)

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Rio de Janeiro's mayor Eduardo Paes (2nd L) and Rio's governor Sergio Cabral (4th L) walk during a demonstration demanding Brazilian President Dilma Roussef to veto a bill that would redistribute oil royalties in favor of non-oil producing states, in Rio de Janeiro, Brazil, on November 26, 2012. Both Paes and Cabral warned that the new oil royalties share-out plan will jeopardize the financing of the 2014 World Cup and the 2016 summer Olympics. AFP PHOTO/Christophe Simon (Photo credit should rea | Getty Images

RIO DE JANEIRO -- Thousands of people are marching in downtown Rio de Janeiro to protest legislation that officials here insist would strip the oil-producing state of much of its income from Brazil's energy sector.

The protesters are calling on President Dilma Rousseff to veto a measure that would divide oil royalties more evenly between all Brazil's 26 states instead of favoring top oil producers like Rio and neighboring Espirito Santo.

State officials have spearheaded the campaign against the measure, which they say would deprive Rio of $1.7 billion in 2013 alone. They say that loss in revenue could endanger preparations for the 2014 World Cup and the 2016 Olympics.

Many of those attending Monday's march are public servants, bused in from outlying cities.

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