News
23 February 2021

Brazil markets plunge as Bolsonaro shakes up Petrobras to cut energy costs

In:
Oil & gas
Region:
Americas

Brazilian financial markets went into a tailspin as investors dumped the country’s currency and stocks, while pushing up interest rates, after President Jair Bolsonaro sacked the head of state-run oil firm Petrobras after weeks of clashes over fuel price hikes.The right-wing populist’s...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
03 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...