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...

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