Post Tagged with: "Bolsonaro"

Source: Bloomberg

Bolsonaro wants to privatize Brazil’s state-owned Petrobras

World Oil


(Bloomberg) –Brazilian President Jair Bolsonaro said Thursday that he wants to privatize Petrobras, the state-controlled oil company that is under political pressure to lower fuel prices.

Shares of Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is …

Source: Reuters

How a Petrobras sacking ended Bolsonaro’s free-market flirtation

Reuters


RIO DE JANEIRO – For many investors, President Jair Bolsonaro killed the dream of Brazil’s free-market renaissance with a Friday night Facebook post.

In a curt public statement on Feb. 19, Bolsonaro canned the head of state-run oil firm