Tag: Jair Bolsonaro

Wednesday, February 24th 2021 - 08:58 UTC
Bolsonaro poised to ensure the removal of Petrobras CEO

Brazilian president seems poised to win his controversial struggle over the removal of the country's giant oil and gas company Petrobras CEO, and replacement by a former Army general. In effect, Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of CEO Roberto Castello Branco.
Tuesday, February 23rd 2021 - 08:11 UTC
Bolsonaro's arrogance plunges Bovespa index 4% and Petrobras shares 21%

Brazil’s benchmark Bovespa index fell more than 4% Monday following President Jair Bolsonaro's decision last week to replace the chief executive of state oil company Petrobras. The company's shares plunged more than 21% on news that the government nominated an army general with no oil and gas industry experience as its new CEO.
Monday, February 22nd 2021 - 08:10 UTC
Fuel prices dispute, Petrobras CEO removal trigger fears of economic populism

More changes are in the pipeline, announced Brazilian president Jair Bolsonaro, after replacing the CEO of the country's oil and gas giant Petrobras with a former general. The move had an immediate impact in markets given the confidence investors had in the removed University of Chicago educated economist, Roberto Castello Branco.
Saturday, February 20th 2021 - 08:42 UTC
Bolsonaro sacks Petrobras CEO over diesel prices dispute and truckers strike threat

Brazilian President Jair Bolsonaro on Friday sacked a market-friendly economist as CEO of Petrobras and named a retired general to replace him, following on disputes over diesel prices that threatened a major teamsters stoppage.
Wednesday, February 17th 2021 - 08:42 UTC
Brazilian city suspends vaccination campaign because of insufficient doses

Rio de Janeiro suspends Covid-19 vaccination campaign until next week because the Brazilian city has run out of doses, Mayor Eduardo Paes announced. “I have been informed that the new doses did not arrive. We will have to interrupt our campaign from Tuesday,” Paes wrote on Twitter.
Wednesday, February 17th 2021 - 08:42 UTC
Bolsonaro seeks Israeli developed nasal spray against Covid-19, recommended by his “good friend” Netanyahu

President Jair Bolsonaro said the Brazilian government would seek emergency use authorization for an Israeli-developed nasal spray against Covid-19 that Prime Minister Benjamin Netanyahu described as a “miracle” treatment.
Saturday, February 13th 2021 - 08:38 UTC
Bolsonaro has congress support to extend pandemic emergency payments for another four months

The leaders of Brazilian congress two chambers announced on Friday priority will be given to reviving pandemic emergency payments to the vulnerable population, which are expected to be granted in four months, from March to June.
Wednesday, February 10th 2021 - 10:17 UTC
Bolsonaro moves closer to “old politics” and has Collor de Mello as presidential advisor

TELAM - Brazilian President Jair Bolsonaro made former president Fernando Collor de Mello (1990-1992), who resigned from office in the midst of an impeachment trial for corruption, his advisor and political negotiator. Also, Bolsonaro admitted his estrangement with Vice President Hamilton Mourao.
Tuesday, February 9th 2021 - 09:01 UTC
Bolsonaro preparing a new round of emergency cash transfer to millions of Brazilians

Brazil is preparing a fresh round of emergency cash transfers to millions of poor, President Jair Bolsonaro said on Monday. “I think there will be an extension,” Bolsonaro said in an interview with the TV program Brasil Urgente.
Monday, February 8th 2021 - 10:14 UTC
Brazil's OECD membership blocked by Bolsonaro's environmental policies

OECD’s environmental policy committee canceled a planned discussion this week about upgrading Brazil’s status in the group, the Folha de Sao Paulo newspaper reported, citing a document.