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


Video
13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as...

Interview
16 January 2026

Strategic insight: Turning up the dial on export finance...

Laura Galvin, JP Morgan’s new head of export and agency finance, talks to TXF about her priorities in a changing market, particularly amid the bank’s own $1.5 trillion...