Brazil markets tumble as President Bolsonaro pivots to interventionism, Petrobras' shares plunge 16%
Brazil markets tumble as President Bolsonaro pivots to interventionism, Petrobras' shares plunge 16% Shares in Brazilian state oil company Petrobras plunged 16 percent after President Jair Bolsonaro changed the company's chief executive (AFP)Premium . Updated: 22 Feb 2021, 07:33 PM IST Bloomberg The real fell 2.2% at open, breaching the key 5.5 per dollar level that had been serving as support for the currency There was no room to discuss the move that shows a president increasingly impatient with the government’s inability to appease his political base Share Via Read Full Story Brazilia...