Jair Bolsonaro hints at more changes after ousting Petrobras boss
Former Petrobras head Roberto Castello Branco had been an advocate of independence from government intervention
21 February 2021 - 22:44
Brasilia — Brazilian President Jair Bolsonaro said at the weekend that more changes are on the way after naming a former general to replace the University of Chicago-educated economist running state-controlled Petroleo Brasileiro.
The leadership change at Petrobras followed a feud with Bolsonaro over fuel prices after Petrobras adjusted them to align with international rates. His abrupt move on Saturday may add to concerns about a wider shift away from market-friendly policy goals by the administration...
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