The president of Brazil, Jair Bolsonaro, is going through a difficult week after the Senate investigative commission asked that he be charged with an alleged “mismanagement” during the COVID-19 pandemic. Thus, in the final report they presented, the controversial Bolsonaro was questioned with nine crimes that he would have committed. This was approved last Tuesday, […]
Tag: Jair Bolsonaro
Panic in the markets due to the fiscal juggling of the Bolsonaro government
Financial markets brazilians closed a week of panic over the juggling of the Government of Jair Bolsonaro to break the spending ceiling, which has led to a rout of senior officials in the Ministry of Economy. The Sao Paulo stock market, which on Thursday already lost 2.75%, closed with a weekly fall of 7.3% and […]
Privatization plans mask problems at Petrobras
Despite President Jair Bolsonaro’s speech on the privatization of Brazil’s crown jewel, oil giant Petrobras has had trouble unloading even a handful of refineries. And your chances have never been worse. With fuel demand still unstable from the pandemic and refineries shutting down elsewhere, Brazil is giving potential buyers another reason to stop: Petrobras is […]
The findings of the commission that investigated the pandemic in Brazil
The Brazilian Senate installed a commission in April to investigate possible omissions by the government of Jair Bolsonaro in the fight against the coronavirus pandemic, which left more than 600,000 dead in the country. In five months, lawmakers summoned dozens of witnesses and revealed a series of behind-the-scenes flaws in managing the health emergency that […]
President Bolsonaro says he is in favor of privatizing Petrobras
Updated on 10/14/2021 10:36 am Brazilian President Jair Bolsonaro said he is inclined to privatize state oil company Petrobras, adding that he will discuss how to proceed with his economic team. On Wednesday, Economy Minister Paulo Guedes suggested that the government could sell part of its controlling stake in the state company to finance welfare […]