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President Jair Bolsonaro

IMF pulls out of Brazil
Print

IMF pulls out of Brazil

BRASÍLIA: The International Monetary Fund said Thursday it will close its Brazilian office, a day after receiving...
Updated 18 Dec, 2021 09:30am
At Brazil's Petrobras, a 'Spartan' military man takes the reins
Business & Finance

At Brazil's Petrobras, a 'Spartan' military man takes the reins

  • President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA, as the firm is formally known, in a Facebook post in February.
  • Petrobras shares fell sharply when Luna's predecessor, Roberto Castello Branco, was forced out after the group hiked domestic fuel prices several times in February, angering Bolsonaro.
Published 12 Apr, 2021 05:57pm
Brazil's president says country is 'broke'
World

Brazil's president says country is 'broke'

  • "The situation is serious," said Perfeito, who noted that "the central problem is not the lack of money, but the lack of a clear plan" in a country that still does not have a start date for vaccinations against Covid-19.
Published 06 Jan, 2021 10:19am